Project Management Approach

Last updated at: 26/10/2018 08:13 AM

Project Management Approach

Project Management Approach

Delving into Project management approach without understanding the concept of project management is not an ideal way to start. So also is, knowing management is without an adequate approach is useless. Enable the brilliant accomplishment of projects, irrespective of the type, by any organisation 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. Sole aim is to define the methodologies required for a project. Many organisation uses standard project management approach while some employs a combined multiple approach depending on its requirements. Additionally, organisations have the advantage of software applications which facilitates intelligent planning, and monitoring of projects.

Features of Project Management Approach

 The Project management approach should be based 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 methodology 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 till 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 organisations often opt for a more flexible hybrid.

Critical chain approach

This approach gives a room for 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 for to handle dynamic situations, such as, changing customer requirements. Project total requirements may not be specified at the initial stage due to the occasional changes that is bound to occur. This 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 project smooth running may get impeded as a result of numerous constraints generated from a single initial constraint. A construction organization has many departments, if the administrative department on which many departments depends gets affected by a constraint, the dependent departments such as the personnel department all gets negatively affected too. Thus project teams in this approach make use of past data to envisage and prevent any negative 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 use of event chain approach is the highly recommended approach for critical projects.

What can be done with software have expanded notably and it has proven to be more than just planning meetings and activities. Tool provided by many cloud-based construction companies can estimate the effort, map out risk and monitor project progress. It 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 organisations are now adopting a hybrid of the approaches, combining the functionalities of the various types of the standard management approaches thus, portraying the flexibility.

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