Directing and managing project execution Assignment

Directing and managing project execution - Assignment Example In fact, project management has been termed as an â€Å"accidental profession by more than one writer† (Pinto and Kharbanda 1995). Based on the above review of literature and my experience, following is my advice to Julianne on key points in how to direct and manage her project team. Sanghera (2010) emphasis that a successful project meets all its objects of triple constraints i.e., project scope, time and cost. However, there is no fixed ratio between these constraints and their weights vary according to the changes to project requirements in meeting the objectives. Further, these aspects of triple constraints may have different relative importance for different stakeholders. Thus it is essential for project manager to know and understand the relative prioritization between the three aspects of triple constraints. Kor and Wijnen (2007) suggest that one method of prioritizing the triple constraint is to organize meeting with all project stakeholders and rank each aspect in terms of five management dimensions i.e., feasibility, flexibility, temp, efficiency and goal-orientation. The output of this process would be a ranking of prioritized aspects of triple constraints based on consensus that would help project manager in efficiently organizing people and resource s through project monitoring and control processes. Sanghera (2010) suggests that for each activity on the project, responsibility must be assigned to one single individual who takes charge of situation. PMBOK (2008) highlights use of RACI Chart for assigning roles and responsibilities to the project team for each project activity. In RACI Chart, names or roles are listed on horizontal axis while schedule activities are listed on vertical axis and a code is placed at the intersection box of each activity and role/name in the matrix table i.e. Responsible (R), Accountable (A), Consult (C), and Inform (I) (Mulcahy 2011). The only constant thing in world is