Essays on Management Process

Project management process consists of five major groups, which include commencing, planning, implementing, observing and control as well as closing process groups. This report paper summarizes and gives opinions on all the areas of knowledge involved in the entire stages of the planning process groups. In all the process groups, project integration together with project stakeholder management are the areas of knowledge involved. Planning, monitoring and control stages include project scope, time, cost, and risk management as the areas of knowledge. Project HRM and communication management area of knowledge is paramount in planning and execution process. Procurement management as ...

How Completing the Objectives Support Success in Management

Accomplishing the goals is critical as it ensures an understanding of how the organizations are structured which, will inform an understanding of the operations that will contribute to success in business management. Accomplishing of the objectives will ensure the ability to analyze different business situations and position the companies to gain competitive advantage. The achievement of the objectives enables the business managers to align the financial performances of the business with the market realities to create products that address the special needs of the customers (Van Wijngaarden, Scholten, & van Wijk, 2012). Accomplishing the objectives further ensures that the business ...

Is project management more of a science or more of an art form?

The main problem of this article is to find out what is “science” or “art” has more influence on project management. First of all, it is necessary to mention that “science” is generally defined by replicable, learnable procedures that tend toward success while “art” is defined by the unpredictable, capable of being carried out by skilled practitioners but in ways that they are not always able to explain. Other words, ‘science” can be characterized as planning and “art” - influence of external factors. It is obvious, that planning plays essential role in project management. Before starting a project, a ...

Introduction

HRIS is an essential tool in large corporations as it helps in connecting HR management with all departmental roles. Technology is the key tool that connects organization systems and HR software. The HRIS allows the human resource management activities and process to be carried out electronically. The electronic systems and software enable the organization to undertake different activities such as management, accounting, and payroll. HRIS aims in increasing efficiency in decision making by HR (Martin, 2006). The decisions made are essential in increasing quality and productivity of both the human resource manager and employees. Furthermore, it offers different solutions ...

Project management process is an essential practice by organizations which comprise project initiation, planning, monitoring and execution of the project by the designated teams that will ensure that specific criteria are met, and specific goals successfully achieved (Phillips, 2013). To enhance work processes and ensure that highest standards are maintained throughout project development cycles, computer (or project management software) are often employ. Computer software is a unique tool in the project management process and assists project managers to efficiently manage and streamline difficult project work processes and deliver flawless work outcome. However, using computer software in project management processes ...

Integrated Change Control is a project integration management process, effectively practiced in organizations and firms at different phases of projects. It is a project management tool for handling the effect of changes on projects through suggestions, evaluations, and endorsement of these changes for successful implementation. Changes remain unavoidable in projects which imply that manager will have to implement a change to any given project (Phillips, 2013). It is essential to note that requests for change could emanate from anyplace and at any time during the project execution. The project design and approach are duly documented in the project management ...

Introduction

Managing change within an organization can be a challenging endeavor. Generally, the larger and longer existing an organization and its practices have been, the harder it would be to implement a proposed set of changes. In this paper, the author assumes the role of a consultant team leader who is working on a client organization’s planned organizational change management. The objective of the present paper is to be able to discuss the different theoretical and operational issues involved in the lead up to the planned change management scenarios.

Main Theoretical Perspectives on Leadership and their Relevance to Organizational Change

The way how the subtitle for this section was phrased ...

Strategic Management Process is not only a set of rule that is required to be followed in sequence but also about embracing a philosophical approach towards undertaking business actions. An organizational management strategically envisions the business objectives and defines goals. A strategic management process is considered to be effective if it is perfectly aligned with the core business strategy (Clayton, 2015). Three key components of Strategic Management Process (SMP) are Analysis, Strategic Actions, and Performance that are also collectively called ASP model of SMP. Analysis: At this stage, all the information gathered is getting refined, assembled, and shaped for ...

PART A: Summary of Project Management

Whenever a subject is to be discussed, there is the need to understand the subject and the most important parts of the subject. This process ensures that the reader gains a clear understanding of what is being discussed. This essay will be divided into two parts. Part A will discuss the principles of project management, The Project Management Book of Knowledge (PMBOK) and the importance of project management. Part B will discuss the benefits that are delivered to an organization by the effective application of project management processes. The essay will conclude with a summation that brings all of ...

REPORT

Report

The research aims at analyzing PMIBoK5 to identify the topic coverage for P3M, entailing the areas concerned with P3M, and to identify the influences in PMIBoK5 affecting the approaches as well as the methodologies of P3 Management in the diverse project environments.

Deliverables

Project Management Institute Body of Knowledge (PMIBoK) entails a term describing the totality of knowledge within project management as a profession. The areas of coverage concerned with the P3 management include the project scope management, project quality management, project cost management, project risk management, project stakeholder management, project procurement (Haimes 2015, p. 41).

Related Scope Factors to P3 Management

Project scope management. ...

Introduction

The case examines the project for construction of a Business School for the University of Exeter, which was completed on time and within the forecasted budget by 2011. The objectives of the University involved (1) delivering a world-class research and teaching facilities to the University, (2) satisfying the needs and expectations of the student during and after construction, (3) enhance the School's position in the international educational arena. The objectives of the project team, however, included a variety of more complex elements. The core goal of the project was to deliver the facility according to the University’s project, ...

Abstract

Disaster analysis is essential in the management of disasters. It assists in the identification of gaps in the management cycle within a given region. Management of disasters occurs in four cycles including planning or preparedness, response, recovery, as well as mitigation. Planning is an essential tool in all the phases of the cycle. The primary aim of disaster response is to offer immediate aid to improve health, sustain life, as well as assist in the improvement of the morale of the affected population. Recovery phase aims at restoring the infrastructure as well as the operations of the community services ...

Performance Management Process

Performance management is considered to be a continuous process that entails evaluating past performance, learning from it and identifying what can be done to enhance operation efficiency as well as add value for shareholders money. It is a process of planning, monitoring, and evaluating employee performance concerning his contribution to the organization to realize organization success (Robbins & Judge, 2013). An effective performance management strategy should mainly revolve around matters of accountability and directness. There are many elements to consider when to develop a robust performance management plan (Adler, 2011). Lumenpulse has gone a long way to establishing several mechanisms ...

LA#1

Strategic planning is the organizational management activity for defining the long-term plans, strategy, and direction. The set management objective, take a strategic decision and create a blueprint for the future. Vision and mission statement are created for employees, customers, and other stockholders of the company. It reflects the company’s values, core purpose, identity, and principles of the business aim. I have selected the vision statement of General Motors that is a more effective statement. The vision statement is, “GM’s vision is to be the world leader in transportation products and related services. We will earn our customers’ ...

Introduction

The performance and behavior of an employee are expected to contribute to the overall achievement of an organization’s goals and objectives. However, unsatisfactory behavior or performance from an employee must be corrected through appropriate actions (Hvidman & Andersen, 2013). Corrective action follows a progressive discipline process when the situation is as a consequence of inappropriate behavior or unsatisfactory performance yet the employee has the capacity to perform and conduct himself or herself at an acceptable level but chooses otherwise (Van den Brink, Fruytier & Thunnissen, 2013). The essence of this paper is to address employees’ conduct at the Acme Company ...

Diabetes is a chronic disease that requires continuous medical care, ongoing patient self-management education and support to prevent its advancement and the occurrence of acute complications. It also requires evidence-based recommendations and management to reduce the risk of long-term complications. Of importance to note is that diabetes care is a complex endeavor that revolves around many issues that go beyond the glycemic control management. Research has shown that other interventions are required to support the improvement of diabetes outcomes (Burant, 2012). These are caring standards provided by patients, researchers, payers, and clinicians. These standards address how children suffering from ...

Executive Summary 2

Introduction 3

Coca-Cola Vision and Analysis 5 Coca Cola’s Values and Analysis 7 Alignment of Coca Cola’s Mission, Vision, Values, & Goals with Stakeholder’s Interests 8 Recommended Changes 8 Conclusion 9

References 9

Executive Summary The purpose of this report is to discuss a strategic management process via critical analysis and evaluation of the Coca Cola Company’s vision, mission, goals, and objectives of the organization. From a review of each statement, a determination will be made concerning the need for improvement or if the organization is on target and simply needs to make an adjustment relative to the ...

Project Management

A project is a temporary undertaking that is meant to create a unique product and service that can be used to satisfy the needs of the customers. Project management is the process of setting the objective of the project, preparing the project plan, mobilizing the required resources for the project, and executing the project plan to attain the intended outcome. Project management plays an important role in today’s business environment because it ensures that all the business processes and programs are well planned and managed to produce the best outcome for the organizations’ clients. Project management is considered ...

Exam Questions

Paper Due Date Why Major Organizational Change Fail? Organizations and individuals are subject to numerous factors, which influence decisions and actions, taken in a given external environment. While many contemporary organizations already understood that responsiveness and flexibility are the key to success and sustainable development, a lot of them still fail in their change efforts. Kotter (2002) argues that people and organizations fail not because they are incompetent or unemotional, but because they do not have an opportunity to experience a highly successful change. The point made in this work is that people tend to be extremely resistant to ...

Implementing Change in an Organization

Abstract There is much information which different people convey about the best methods and changes which can improve the management of an organization. There are various steps which an organization needs to implement so that they ensure that they quickly achieve the changes. The changes should have an impact which is positive and sustainable. This paper will explain some reasons why management change is important in an organization.it will also highlight the plans which Hewitt Associates should incorporate so as to bring the necessary changes. The paper will also analyze the measure which Hewitt needs to continue with its ...

Post Crisis Change Management in Business Organizations

Business Organizations are often confronted by situations which induce their owners to re- examine their policies and processes. These situations are termed as crisis and needs reformulation of organizational processes, in absence of which the existence of the organization may be threatened. These situations may erupt from failure to anticipate the internal and external consequences from economic, political, ethical and technological changes related to organizational activities. Even if they are anticipated, crisis may not be altogether averted; only it helps in formulating contingency plans that are used to address post crisis situation and calls for initiating changes in the ...

Globally, mergers and acquisitions are very common as business organizations expand and enhance their competitiveness and operations. The underlying assumptions in the formation of mergers and acquisitions are that the resultant merger or company has a greater value than individual companies merging. However, despite the optimistic expectations of the corporate acquisitions and mergers, the frequency of failure for this endeavor seems very likely (Pikula, 1999). This has mainly been attributed to the focus on the financial transactions as well as the strategic issues surrounding this corporate activity and neglecting other critical success factors such as human resources. Often when ...

Executive Summary

The hotel industry is an important sector in any economy. An increase in the number of tourists often leads to growth in revenue. However, this increase often adds the amount of solid waste, a factor which is likely to affect the hotel industry negatively due to environmental pollution. Ineffective waste management practices have forced hotels to incur substantial expenses. Traditional practices of waste management have led to the dumping of waste materials on roadsides, landfills and in oceans leading to environmental pollution, health hazards, and acidification of soil. Hotels need to come up with effective waste management practices which ...

REFLECTION

Answer # 1 A research shows that the four functions of the management process are planning and decision-making, organizing, controlling, and leading. The management sets the company’s objectives and determines methods to attain them in the planning and decision-making stage. In organizing, the management decides the effective way to group engagements and reserves. The controlling stage screens and adjusts continuing jobs for facilitating the achievement of objectives. The last function of the management process is leading which motivates workers to undertake tasks seriously for a company’s best interest (Ricky Griffin 6-8). I worked for Great Experience, where I ...

Abstract

Risk management is undertaken differently in varied sectors. In a survey of 415 projects in Brazil, the revelation came out that hiring a risk manager or planning for risk enhances project success rate. However, risk means diverse things for different sectors. In IT, some risks are desirable, because they disrupt the status, making some people redundant and increasing the opportunities for the skilled. Hence, the path taken to manage risk in the IT field is different from how risk is managed in other areas. The construction industry is intensive in the use of resources, and risk management should be ...

Planning, organizing, leading and controlling are the critical responsibilities associated with the management process in an organization. The case of Plant Fantasies Inc. highlights these roles. One of the main components that emerge as the building block for the success of the management process in relation to the roles of planning, organizing, leading, and controlling is effective communication. Effective communication is an important part of an effective management process as it helps to unify company-wide efforts effectively to help in strategic objectives of the organization (Williams 5). This leads back to Plant Fantasies Inc. Planning, organizing, leading and controlling ...

Executive Summary

The Georges Hotel is an upscale European-style boutique hotel located along the Oriental Bay in Wellington. Most of the staff is friends and relatives of Jeff and Chad, who are brothers. The hotel has many advantages that a family business has as well as the disadvantages. Some of the supervisors are not aware of the laws against discrimination. They are not aware of what sexual harassment means and what the appropriate and inappropriate behavior towards their subordinates is. This has resulted in situations where a couple of EEO complaints were raised against the hotel. However, as things stand, the ...

Integrated Cost and Schedule Risk Analysis

Introduction Over the years, the process of analyzing projects cost did not take into accounts an explicit reference or any reference to the project schedules and its risk. As organizations witnessed numerous risks in their projects implementation, a great emphasis on risk awareness and analysis was made. As a result, project managers created an integrated cost-schedule risk analysis to create the need of viewing the risk analysis as a crucial input when making key projects decisions (Hulett & Campbell, 2002). In this paper, we explain important concepts on schedule risk and overall cost. The paper explains the importance of integration ...

Introduction

Organizations, companies, educational institutions, and governments, face different challenges and threats every day, and the need to plan for undesirable future events is a critical requirement for any organization (Berg, 2010, p.80) There are times when the risk factors are unforeseen, catching the organization by surprise. Other instances are beyond human control, like disaster strikes and natural phenomena. In most cases, however, the risk areas are known, and management carries out the task of planning for the risk by creating contingency plans or determining ways to avert the risk. In extreme cases, the organization might choose to absorb the ...

Introduction

Definition Change is necessary for the survival of any organization. As time passes, technology advances, peoples’ attitudes and values change, laws and political control change, and there is the need for an organization to keep up with these changes as well. Change management is the way people deal with these changes. In an organization, change management includes the definition of the new norms, talking to the stakeholders about the design of specific changes, and planning and implementing the transition to a new business process or organizational structure (Xiongwei, 2009). Even though it is necessary for organizations to improve some ...

Executive Summery

This report reviews the importance of Knowledge Management system as global market trends change and how Information Technology is a useful tool in Implementing Knowledge Management Systems. This report takes a specific case scenario of a farmer realizing the importance of KM System. The Report analyses both the functional and non-functional requirements to implement a KM system in t his farm. The report further proposes a suitable KM system after considering important requirements of the system. The proposed system is analyzed to determined if it satisfies the requirements cross checked against important requirement to establish whether the recommended system ...

The Step of the Risk Management Process

The risk management process is comprised of five core steps. The first is the identification of risks. At the heart of this phase is to identify what is likely to hinder the ability to meet the targeted goals. After the risk has been identified, the next step is to analyze it. This stage requires one to determine the probability and the consequences of the identified risk(s). It assists a person or a group to understand the inherent nature of the risk along with the potential effects on the set goals. The third step is the risk ranking or ...

Business Exam

Unlike business organizations, profit is not the main purpose of the non-profit organization. Non-profit organizations have the right to engage in entrepreneurial activity and they can make a profit, but this can be only a minor activity and it only serves to achieve the objectives for which this organization was created. Non-profit organizations may be created in order to achieve social, charitable, cultural, educational, scientific and management purposes, and for other purposes, aimed at achieving the public good. A non-profit organization can be created as a public organization, a fund, an autonomous non-profit organization, non-profit partnership, institution, association. The ...

The incorporation of security practices into business management enables the firm to reduce and control the overall risks. The implementation of the safety controls requires an efficient security management process that entails strategy, policy, compliance, awareness, monitoring, and access. The domain of safety management relies on the regulations that dictate the company’s standards regarding security. Without a stringent and adequate policy, no group or individual can be accountable and in charge of protecting the organization. This essay sheds more light concerning the security management procedure. The security management process in a corporation provides a thorough and accurate evaluation ...

Introduction

Risk management is important as it helps in taking a business through the risk identification process, risk assessment as well as risk resolution in ensuring that an enterprise becomes successful. When preparing a risk management plan, the first step to undertake is to identify the potential risks for the business. Understanding the scope of the potential risks helps in the development of realistic and cost effective strategies to be able to deal with the potential risk appropriately (Wu, Chen, & Olson, 2014). It is also essential to think broadly when considering the types of risks that can affect the business ...

Introduction

Joseph Dunn, the proprietor of Dunn’s ski emporium intends to acquire the deli across the street which is owned and run by George Atkins. Joseph intends the merger and acquisition to be part of an expansion to his ski emporium business. The challenge for Joseph Dunn is that he has no experience in running a deli. It would therefore be critical that Dunn involves George Atkins in running of the deli during the transitional period before he takes over the deli fully. The report is therefore intended to interrogate and come up with a suitable organizational structure to ...

The U.S army has for a long time used the Standard Army Retail Supply System (SARR) in its logistical planning. Stakeholders have, however chosen to make changes, with the army now employing the Global Combat Support System-Army (GCSS-Army) for its logistical and supply needs. This is a considerable change to the organization and possesses a challenge as to how the change can be managed effectively. This paper looks into the best possible approaches for the U.S army when adopting this change in logistics and supply. The U.S Army reports to the department of defense. The army is organized into ...

Reasons for Project Failure

A project is considered to have failed if it fails to deliver what was required according to its expectations. Whenever a project does not deliver to cost, to quality, and on timely basis, it can be considered to have failed to attain its targets. Project failure can be described in different ways, such as the judgement of the stakeholders on project failure, failure to meet the set delivery plan, failure to meet the set duration for project completion, failure to meet the financial forecasts, and failure to meet the set minimum return of investment. The main causes of project ...

Abstract

Lately, the health care sector in New Zealand has been facing challenges related to the old-fashioned method used in offering services. In many occasions, it has made it difficult for patients to access affordable health services since many health hospitals lack the technological capacity to handle the increasing numbers of patients with different ailments. Due to this, the relevant agencies have been pushing health service sector, particularly the public health sector, to embrace modern technology so as to address the health crisis in the country. This has seen many health organizations to launch programs geared towards adherence to the ...

Project management entails the application of tools, knowledge, processes, techniques, experience and skills in achieving a particular project activity to meet the intended goal. A project is usually a unique endeavor that is undertaken to attain a specific objective whose success is defined in terms of the overall benefit or output. Thus, project management process helps in the attainment of the desired outcome according to the agreed budget, criteria, and timescale (Hyväri, 2006). According to Mir & Pinnington (2014), projects are different to business activities as they require the particular stakeholders involved to come together and focus on the ...

International management in an Asian context: Business life and management in China

Introduction Globalization has complicated the management process. As such, for one to be an effective manager, that individual needs to understand the global context of the management process. Fundamentally, one needs to appreciate the role of culture in the management process (Luthans & Doh, 2014). As such, the paper shall examine several features of the Chinese society and evaluate the ways they will affect the management process.

Discussion

Culture sensitivity is highly linked to effective management (Luthans & Doh, 2014). Considering the Chinese society, the Chinese have been socialized to believe that they are the descendants of Hun. As such, the Hun ...

What are the three main lessons that you learned from Creativity Inc.? Try for a thoughtful explanation that relates to your studies and your work experiences so far. The work of Ed Catmull together with Amy Wallace titled Creativity Inc. (2014) encompasses new insights about the creativity in business. The book offers interesting and important lessons that can be useful for anyone studying or professionally engaged in the field of business management. First lesson taken away from the book is learning the importance of collaboration. Catmull mentioned that the primary characteristic of a creative and healthy organizational culture is ...

A Critical Analysis of the Role of Product Design and Service Design in Achieving Design Management Goals within the UK Supermarket Retail Chains – A Case Study of Tesco, UK.

Introduction

In the world of business, firms compete to gain a stronger market share. This is done by utilising a firm’s core competencies and strengths and converting it to competitive advantage in order to provide a stronger appeal to consumers. Thus, most firms maintain an emergent corporate strategy whereby they observe trends on the markets and make changes to their business units in order to remain relevant to consumers and ...

Introduction

Owing to the fact that policy implementation is essential to the development of a company, Turner Constructions needs to embrace an influential ethical decision making framework. This is largely accredited to the fact that the current system is rather inefficient and is not centered towards the welfare of the employees. The current system does not ensure equality in the employee compensation due to the wide salary margin between field engineers and project managers $54,522 and $130, 893 (Payscale, 2016). Additionally, the newly employed personnel do not get a good conducive environment for growth due to the inadequacies of ...

The purpose of the article is to make the readers understand why the process of transformation within corporations is usually slow. The article’s main idea is how the process of change within companies can be hastened. The author gives emphasis to the six obstacles, which slow down the process of transformation within the corporations. They include the cautious management culture, business-as-usual management process, initiative gridlock, recalcitrant executives, disengaged employees, and loss of focus during the execution. He advises the corporate leaders on how they can overcome each of these impediments and increase the speed of the change process. ...

Abstract

Restaurants have a significant role in the business, the intellectual, social and artistic life of a prosperous society. Most of the important events take place in the hotels. Having a chain of restaurant is essential because it leads to decreased production cost such as purchasing raw materials, transportation costs among others and in return, high profits are likely to be experienced. With cost reduction, the pricing of products is also low hence attracting more customers. However, before buying an existing business, it is important to carry out an environmental analysis of the firm. The most appropriate tool for the ...

Value Chain and the Internal Environment

Value Chain and the Internal Environment

Introduction

Every business should have a strategic management process in place for it to be competitive in the market. Ideally, strategic management helps an organization define its stand in the market. A value chain is the co-existence of various departments as they work together to achieve a common goal. The objective of the value chain is to create useful products from inputs. Also, it gives business a competitive advantage and helps it operate in a market where competitors exist. This paper is an overview of the value chain and the internal environment.

Ideally, strategic ...

Being a great manager requires being a great leader. Though the terms leader and manager are often used in business world to describe a person who manages a team of people, these terms have different meanings in the scope of organization. The main difference between leaders and managers is in the way they motivate other team members. Managers are more organizational, they have their plans and people they manage to embody these plans. They are given their role and power to control their subsidiaries in the company, and these subsidiaries get motivated to do their job because of manager’s status. Leaders may ...

Whether or not you believe your company can do no wrong, you should always plan for the worst – this is where risk management comes in. (Roche, 2010) In the world of risk management, there are many different ways of doing it among all different disciplines. Regardless of the field in which you are working, an effective risk management process is necessary in order to effectively weigh whether or not you can release a certain product, or carry forward with a particular plan of action, without taking too much of a chance that you or your customers (not to mention your shareholders or ...