The Principles Of Project Management - 1748 Words

Introduction NTCP Model is closely related to PMBOK principles of project management, it incorporates the basic belief and put forward a framework for addressing risk and uncertainties within project management domain. This model has been formulated by undertaking serious research involving multiple dimensions. Henceforth, the model presents a solid framework to understand basic project elements and map them accordingly to understand what type of methodologies and skill set will be required by the project manager to effectively manage the project meet its outcome objectives. Using the clear approach provided by NTCP model towards dealing with risk or uncertainty makes the model very effective. Furthermore, key element is that model can†¦show more content†¦Project Management Maturity and NTCP Model According to Sauser, Reilly, and Shenhar (2009) every project is unique and should be management accordingly with a specific methodology. My approach to understand the project uni que dynamics is through application of NTCP model however, it application will vary according to the project management maturity within the organization. I am fully cognizant of the fact and will tailor its application accordingly. NTCP model not just enables managers to understand embedded risk rather it assists opportunities and gap within current capacity against the required to grab the opportunities. Therefore the capability of NTCP model to map the risk and inform the gap is another key element that I will be using to apply within my organization. Using this capability progress through the project management maturity level would become more systematic with a higher ratio of project success. NTCP model can be used as a governance framework for each project that is being initiated within my organization, the model established as regulation would deliver lot of effectiveness for project manager. According to Shenhar and Dvir (2007) addresses both hard aspects of the management al ongside soft management pillars. Using the model consistently across organization, will add more capabilities and experience within to manage more complex projectShow MoreRelatedPrinciples of Project Management3038 Words   |  13 PagesThe principles of project management2 Viability of Projects Success/Failure Criteria4 Additional standard for the projects success/failure6 Calvert Social Index success/failure criteria7 Principles behind project management systems and procedures7 Human and material resources to achieve successful projects8 Information Security Audit System and Procedures 9 Key elements involved in terminating projects and conducting post-project appraisals 9 key elements involved in terminating projects 10Read MoreThe Principles Of Project Management3083 Words   |  13 PagesTask 1: Project Management Principles The principles of project management has served a purpose to ensure that projects can be completed by helping to strategically plan and predict risk to ensure project success. Projects have been ran from pre historian times and until 1900, projects were â€Å"generally managed by the creative architects and engineers themselves† as there was no recognized profession of project management (Lock, 2007, p.2). The Dixon Company would require the use of project managementRead MorePrinciples of Project Management3022 Words   |  13 PagesTable of Contents The principles of project management2 Viability of Projects Success/Failure Criteria4 Additional standard for the projects success/failure6 Calvert Social Index success/failure criteria7 Principles behind project management systems and procedures7 Human and material resources to achieve successful projects8 Information Security Audit System and Procedures 9 Key elements involved in terminating projects and conducting post-project appraisals 9 key elements involvedRead MoreThe Principles Of Project Management2753 Words   |  12 PagesPrinciples of Project Management Assignment Two CSI 5113 Dental Hospital Project Prepared by Crackers IT services Student name Student number Nitin Sharma 10333653 Submitted to David Cook Date of submission: 29//2014 TABLE OF CONTENT 1. EXECTIVE SUMMARY†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 2. INITIATION†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 2.1 BACKGROUND†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 2.2 CURRENT STATE†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 2.3 OBJECTVES†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 2.4 ASSUMPTIONS AND CONSTRAINTS†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 2.5 OPTIONS AND RECOMMENDATIONS†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 2.6 PROJECTRead MoreProject Management Principles Of A Project Manager Essay1319 Words   |  6 PagesIntroduction Construction projects have always been a very important part of human civilisation. For handling a construction project there need men, money, machinery, material and management. 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An Introduction to Project Management, Third Edition Copyright 2010 2 Learning Objectives ââ€" ¸ ââ€" ¸ List several tasks and outputs of project execution Discuss what is involved in directing and managing project execution as part of project integration management, including the importance of producing promised deliverables, implementing solutions to problems, evaluating work performanceRead MoreMba Project Management, Strategic Planning, Principles Of Marketing And The Real Business World1042 Words   |  5 Pagesbusiness phenomenon better and solve the problem’s effectively, I must explore MBA in depth and so I did my Bachelorette in commerce which includes the courses related to MBA like Project Management, Strategic Planning, Principles of Marketing and so on. I also took the electives like Advertising, Human Resources Management by myself. Case studies in these courses enabled me to link theory with practice and it was through them that I found myself very much interested in market information. MBA withRead MoreEssay on MBA detail course outline1314 Wor ds   |  6 Pages(Evening): 1.5 years (Quarters, 3, 4, 7, 8 14) General Management 1st Quarter Effective : Spring Quarter 2011 Human Resource Management Finance Accounting Banking Finance †¢ Organizational Communication †¢ Organizational Communication †¢ Organizational Communication †¢ Organizational Communication †¢ Principles of Management †¢ Principles of Management †¢ Principles of Management †¢ Principles of Management †¢ Research Methods †¢ Research Methods †¢ Research