Lessons Learnt in Project Management - 3415 Words

Introduction Lessons learned in Project Management In good project management, it is very important that the project manager with the help of the project team capture and document for historical reference the experiences encountered during the course of carrying out a project. These experiences whether positive or negative or from past or present projects, are very vital to process maturity and improvement and are hence incorporated into future project management procedures.[6] This idea of project management via lessons learned/ past experience tool is very vital to the success of a company or organisation with regards to the performance of present and most importantly future projects. This is because it helps many project managers across†¦show more content†¦This is due to the fact that corporate memories are often very short and an individual’s memory can be highly selective. Hence, the major cornerstones of events within a project can be focused upon, but the underlying reasons for these events completely forgotte n. Therefore a formal collection of lessons learnt in the course of a project, by the project manager and the project team, is a vital activity in administrative closure.[9] Goals Of A Lessons Learned Process The project manager and project team’s goals, when carrying out lessons learnt sessions, at the end of a project, include ensuring that the outcome is knowledge sharing and positive impact on future projects. The goal should also be to create a positive environment which is blame free and participants can be honest about the setbacks encountered in the course of the project. The project review process should also aim at balancing the amount of precious people-time utilised, to the returns of this time investment on project team and organisation as a whole. This process should also have a goal of being able to set out pliable tools and methods for various project teams sizes to effectively analyse project occurrences and hence implement a cause of action forShow MoreRelatedThe Rock-n-Bands Case Analysis: Identifying the Simulating Issues1663 Words   |  7 PagesThe Rock-n-Bands Case Analysis Identifying simulating issues In the project analysis of Rock-n-Bands simulation, the task is to design a project which will coordinate a music festival. However, the project has some interference such as limited resource and short periods of time. The entire project has to go on for a maximum of ten weeks, with a limited number of five workers every week. Many aspects of the project have to be considered, but the fundamental aspects include; abstaining from anyRead MoreCourse Management : Personal Reflection908 Words   |  4 PagesMoodle Course Management System– Personal Reflection Part 1: My Contributions to the Project The purpose of the project was to build a Course Management System to help teachers design courses online, manage the activities in the course and effectively communicate with students in their class and collaborate with them in the course. I performed the role of a business analyst. As a business analyst, I had to understand the process of course management, how it has been handled till date in theRead MoreCase Study: The Global Economy1802 Words   |  7 Pagesimportance of cost estimation and cost control for many project organizations? The global economy has greatly changed project management strategies for many project since it had created barriers and challenges and also made project management easier in other aspects. First is that globalization has led to decreased trade barriers between countries which allows for sourcing of raw materials in a cost effective manner which allows projects to run smoothly. Secondly, globalization has led to market-drivenRead MoreManaging Budget Project Management At University764 Words   |  4 PagesHowever, from my own experience in risk management, we had fully planned for the event but always there are things that happen and you do not expect it, in the event day the internet at university was down and we couldn’t print out all materials that needed for the event so one of the group member went home and printed the bit missing .In addition , I’ve learnt from this is to print every thing and be ready one day before the event to avoid any delay that can happen . In the event day we expectedRead MoreGroup Responsibility Assignment Matrix ( Ram )1598 Words   |  7 Pagesassignment matrix(RAM) 4 Assignment Management 5 Group Assignment Plan 5 Assignment management 6 The Team 5 What went well 6 What â€Å"DID NOT† went well 7 Lessons Learnt 7 Introduction Successful achievement in a project, requires detailed understanding and capabilities of project management. Implementing the given task in the most appropriate ways will result in a successful project. Thinking about experience is an imperative ability for expert project managers. Venture directors shouldRead MoreProject Management Approach / Methodology Essay939 Words   |  4 PagesProject Management Methodologies MedDev is looking to streamline their resource planning across various departments in order to support their global growth and cut costs. In order to achieve this business objective, they are undertaking ERP Implementation as a Key project which involves largest investment MedDev has ever done as a single project. Thus success of this project is of prime importance to them. In order to achieve their business objective, project management and the used methodologyRead MoreEvaluation Of A Project On Risk Management1217 Words   |  5 Pages4. Project governance 4.1 Project organization 4.2 Project Governance 4.3 Governance Management Process 11. Risk Management 11.1 Risk management plan A risk is an indefinite event or circumstance that, if or when it does occur it can have a positive or negative effect on the project and its outcome. Risk is an integral part of every project and every project manager should assess risks throughout the phase of the project and develop plans on how to tackle themRead MoreManagement Functions And Functions Of Management1304 Words   |  6 Pages Essay Management is viewed as a critical part in any business or corporate commercial enterprises. Group assignments provide a useful platform for understanding the management functions that consist of planning, organizing, leading, and controlling (POLC). I totally do agree with this statement. Management of groups is actually the key to all of these P-O-L-C functions. Any management can accomplish and succeed objectives through the organizing execution of these fourRead MoreLearning Healthcare Organizations: The National Initiative for Childrens Healthcare Quality1428 Words   |  6 Pageswith chronic conditions, and to promote equity in care for everyone. Under the management of experienced professionals in children healthcare, its work focused towards improving childrens healthcare to realize this goal through awareness. NICHQ drives attention towards the need to spread the message of success demonstrating the possibility of improving childrens health care to realize better outcomes. It conducted a project to fit in excellence upgrading and cultural proficiency in clinics. Who wereRead MoreThe Role Of Leadership Of The Institution1370 Words   |  6 Pagessolutions to the problems. This idea should be implemented in three phases, each involving a particular group of employees working in the same hierarchy. Firstly, the top management should share the idea. At this level, the focus will be how the junior employees can be involved without necessarily breaking the chain of command. The management will also provide the guidelines for the implementation of the strategy. The second level of employees to be considers is the departmental leadership. AS workshop meant