The study indicated in the initial article brings out the gap existing between certain items managers give importance while managing projects and certain other items that clarify productive strategic management of projects. Managers would do well to take care of business matters at the workplace. The second one highlights three important aspects leading to the mismatch of projects concerning E & P. They include: lack of understanding of the employees about the outcomes of their inputs; people having to execute much on a particular day and works not completed on a particular day impeding the development; and absence of proper communication among members to share the condition of the day to day development and the outcome of fulfilling their roles in the overall process.
As recorded in the introduction of the write up, managing a project is quite important for the development of an organization. Rightly, this is the problem encountering both the oil and gas companies demonstrated in the articles. Effective project management leads to maximization of profits and minimization of unwanted everyday expenditures. Towards achieving organizational goals, a business company must devise appropriate project management tactics, which is emphasized in the case. Finally, investigating the results guided in authenticating the findings of both the cases.
The ultimate model created is one with a conceptual nature, also called as an observation and constitutional model (contains different hidden and noted variables, along with a set of assumptions represented in a pictorial form). For the purpose of knowing if the developed model exactly signifies the truth being examined four important steps are essential in SEM modeling that are recommended for further research.
Good Literature Review On Paraphrasing
Type of paper: Literature Review
Topic: Management, Development, Model, Project, Projects, Business, Project Management, Managing
Pages: 1
Words: 300
Published: 03/30/2023
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