PROJECT MANAGEMENT

Project Management

Project Management

Introduction

The study is related to the project management of a dairy that is to implement a £ 1 million technological investment in its production plant. In addition to this, the CEO wants the implementation of the production plant in one year. For that reason, it is essential to analyze each aspect of the project because it is essential for the success of the project. The dairy is also having problems due to limited budget; therefore, the production plant should be planned and implemented within the specified budget. For implementation of the production plant, the most important thing to consider is the human resource required for the project, moreover, their training is also important.

Discussion

To ensure success, it is important to consider the key business issues that can create a problem for the implementation of the dairy production plant. While implementing the project, company can face issue regarding the human resource, as the specialized techniques are necessary for implementation of the project. The technological investment in dairy production will increase the production of the business significantly, as the technology that will use will be modern. In contrast to operations management, project management deals with situations.

Projects are often never before attempted undertakings that have a beginning, middle, and end stages that carried out to achieve a goal. When a project defined, it is a problem scheduled for solution (David, 2002, 32-58). Project managers often face unique problems because they are doing work never previously attempted like in the case of the technological investment in dairy production plant, which the business has not done before. As a result, project managers seek to solve problems by bringing together money, manpower, and materials to do or build something. Management is the organization and direction of work. Best management practices are the search for the most ethical, efficient, and effective means for directing to productive ends. The way to identify the best practice or practices is to hunt for those producers who are most effective and efficient at accomplishing a task (Adler, Shani & Styhre, 2004, 14-37). Their practice then borrowed. Another way is to treat the task or job in the way in which project management organizes its work into an organized, work breakdown structure. The work breakdown structure is like a hierarchical organization chart of personnel in an organization, but with the elements of the task or job put into their logically subordinate rankings. Other techniques used include benchmarking, detailed audits of operations and strategic management, computerized auditing, and management tools.

Partner with Suppliers

For this equipment, for the plant is required which is being supplied by several suppliers that include hardware, software and installation services. These suppliers will generate the cost, but there should be no middle man between the dairy and the supplier as this will increase the cost of the project (Lientz & Rea, 2002, 46-81). The relationship with the suppliers is important to maintain because business has limited budget and it cannot afford to have expensive cost of implementation of ...