Project Management Essay -- Business and Management Studies

Project Management Project management is an essential part of the work environment and its purpose within business, academic backgrounds and research are crucial to the development of solutions and products that enable a company to be successful. The idea of project management is quite simple; a group of people are detached from the company and given a goal to focus their efforts on. The size of the group is entirely dependant on the size of the company. When looking to put together a project management team, there are two key factors that many, if not all, companies take into consideration; the skills that each individual possess in the team and whether these skills can be utilised in such a way to achieve their goal in a team environment. Each company requires different qualities that a successful applicant for Project Manager should fulfil. While trying to find a job in the summer, I came across a job posting for a Software Project Manager for a small team. Some of the required attributes that a candidate should possess are as follows: â€Å"A desire to motivate, share knowledge and provide for continuous learning†¦excellent communication skill†¦ Must be able to enthuse and engage at all levels of business†¦Develop findings and recommend solutions to customers as applicable. A good â€Å"all-rounder†.†1 Since many large companies and organisations no longer just restrict their services to their domestic customers, another key requirement for a Project Manager seems to be the ability to contribute in an international market. For example, in the current business world, there are very few companies and organisations that will limit their research only to Japan, for instance. As a result, the openings for project managers seem mainly to be located in the European countries such as France, Germany and the UK. Thus having a position in a project management firm is not only a lasting responsibility to national business and research but it is also an international commitment. Project management also varies in accordance with the size of the companies that it is carrying out its work for. In a small business, the project management team may be assigned projects of a local nature where their performance will be assessed on a small scale. For example, if the team was to make a project management plan for a small local company, the c... ... two sectors are managed separately, so in a way it can been seen as a type of project management since both sectors are detached form each and come together when a new product is being made. Within these two sectors, there are many different projects being undertaken in order to make its products better. Measuring the performance of these two sectors is done by looking at their yearly revenue and seeing how it changes, i.e. does it go up, down or fluctuates. Another way to measure the success of project management within Monsanto is to see how well the new product is received by the public by doing a type of census that will allow Monsanto to attain data that will help them to see where they have gone wrong so that they can improve their services in the future. References Websites - www.monster.co.uk - www.tenstep.com - www.pmtoday.co.uk - www.projectmanagement.com - www.financial-conferences.com - www.monsanto.com Books - Project management for Dummies – Stanley Portney - The Art of Project Management – Scott Berkun - The Practice of Project Management; A Guide to the Business-Focused Approach – Enzo Frigenti and Dennis Comninos