Project Management Approach

Last updated at: 30/03/2019 06:55 AM

Project Management Approach

Project Management Approach

Delving into the Project Management Approach without understanding the concept of project management is not an ideal way to start. So also is, knowledge control is without an adequate plan is useless. Enable the brilliant accomplishment of projects, irrespective of the type, by any organization addressing both internal constraints and dynamic external situations. Is there to prevent or eliminate any internal or external project constraint and also acclimatize to any unprecedented changes in the project scope or goals. The sole aim is to define the methodologies required for a project. Many organization uses standard project management Approach while some employ combined multiple approaches depending on its requirements. Additionally, organizations have the advantage of software applications that facilitate intelligent planning, and monitoring of projects.

Features of Project Management Approach

The Project Management Approach should base on framework including reference to an iterative development, or prototyping methodologies to be utilized.

 The approach description should not be too elaborate but concise. The type of approach to be used should also be stated, be it a specific or general approach.

 Tools and techniques that are not specific to a project are listed even though they are not in the project framework.

 The approach should have the original information management project methodology. Any alteration to the approved method should be detailed in the project management approach.

Project Management Approach

Major types of standard approaches are:

Traditional approach

In this approach, it is assumed that the project scope and goals will be unchanging until project completion. Thus obviously plan for and identify, on this assumption, the project resources. This traditional approach used by many new and experienced construction organizations consists of the Project Initiation, Project planning and design, Project monitoring and control, Project execution, and Project completion. Naturally, this approach is inflexible which is why many organizations often opt for a more flexible hybrid.

Critical chain approach

This Approach gives a room for the assumption that at least one constraint, either behavioral or process-related, is likely to kill the projects as a result of the complex processes and a large number of cross-functional teams. Here, constraints are predicted, analyzed and eliminated using the basic knowledge of behavioral and mathematical sciences. The manager can then use the data gotten from the analysis carried out to reduce the effect or preferably eliminate the constraints. For instance, if productivity has been predicted to have hitches in its smooth sailing, then the tracks the time expended on the assigned tasks by all team members. Employing this approach tends to facilitate prompt delivery of quality outcomes, as constraints are easily removed before supposed disruption to the project.

Project Management Approach

Extreme project approach

Extreme situations require extreme measures; hence; this approach is the best fit to handle dynamic conditions, such as changing customer requirements. Project total requirements may not be specified at the initial stage due to the occasional changes that are bound to occur. It, however, makes the project depend on the guidance from industry changes. The construction industry, for instance, is continuously experiencing rapid advancement in technology and innovation. In this situation, the project team plans purely based on currently available data and modifies the plan based on the changes made to the requirements.

Event chain project approach

According to this Approach, a smooth project running may get impeded as a result of numerous constraints generated from a single initial obstacle. A construction organization has many departments if the administrative department on which many departments depend gets affected by a limitation, the dependent departments such as the personnel department all get negatively affected too. Thus project teams in this approach make use of past data to envisage and prevent any adverse event in the course of the project. Processing of reliable data that has been collected over time helps to keep track of event chains accordingly. Thus the use of the event chain approach is the highly recommended approach for critical projects.

What can be done with software has expanded notably and it has proven to be more than just planning meetings and activities. The tool provided by many cloud-based construction companies can estimate the effort, map out risk and monitor project progress. Its super-safe storage capacity enables data and information on any past project to be preserved. For instance, CONSYSA which is a cloud-based management system provides all these features which contribute immensely to the prediction and management of any foreseeable constraint. Tools are both compatible and available for computers and mobile devices.

Many organizations are now adopting a hybrid of the approaches, combining the functionalities of the various types of standard management approaches; thus, portraying the flexibility.

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