Essay on INVESTIGATION EXERCISE

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Project Management 1

List the 3 Traditional Constraints of Project Management:

1 Time

2 Cost

3 Scope

List 16 Project Management Activities in sequence:

1 Planning the work objectives

2 Analysis and design of objectives

3 Assessing and mitigating risk ( or risk assessment )

4 Estimating resources

5 Allocation of resources

6 Organizing the work

7 Acquiring human and material resources

8 Assigning tasks

9 Directing activities

10 Controlling project execution

11 Tracking and reporting progress

12 Analysing the results based on the facts achieved

13 Defining the products of the project

14 Forecasting future trends in the project

15 Quality management

16 Issues management

List the 3 main Types of Management Structure:

1 Functional

2 Matrix

3 Pure

List the 3 different types of Matrix Structure:

1 Co-ordination Matrix

2 Overlay Matrix

3 Secondment Matrix

List 3 Advantages of the Functional Organisational Management Structure:

1 Easier for departments to estimate and apply budget controls

2 Functional departments provide experts in different areas

3 Lines of communication are well established as everyone has a defined role

List 3 Advantages of the Matrix Management Structure:

1 The project has a single point of responsibility which is the project manager.

2 The project can draw on the entire resources of the company

3 Rapid response to clients’ needs

List 3 Advantages of the Pure Project Organisational Structure:

1 The project manager has overall line authority over the project

2 Everyone reports directly to the project manager

3 Decisions are made quicker due to centralised authority

List 3 Disadvantages of the Functional Organisational Management Structure:

1 Communication breakdown between departments can cause response time to slow down

2 Departmental work can take priority over project work

3 As the project moves departments, it is almost impossible to determine a single point of responsibility

List 3 Disadvantages of the
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