Operational Flexibility: A Model for Effective Project Management

The aim of this study is to investigate the role of operational flexibility for effective project management in the construction industry. The specific objectives are to: a) Identify the determinants of operational flexibility potential in construction project management b) Investigate the contribution of each of the determinants to operational flexibility potential in the construction industry c) Investigate on the moderating factors of operational flexibility potential in a construction project environment d) Investigate whether moderated operational flexibility potential mediates the path between predictors and effective construction project management e) Develop and test a conceptual model of achieving operational flexibility for effective project management The purpose of this study is to findout ways to utilize flexibility inorder to manage uncertain project environment and ultimately achieve effective project management. In what configuration these operational flexibility determinants are demanded by construction project environment in order to achieve project success. This research was conducted in three phases, namely: (i) exploratory phase (ii) questionnaire development phase; and (iii) data collection and analysis phase. The study needs firm level analysis and therefore real estate developers who are members of CREDAI, Kerala Chapter were considered. This study provides a framework on the functioning of operational flexibility, offering guidance to researchers and practitioners for discovering means to gain operational flexibility in construction firms. The findings provide an empirical understanding on kinds of resources and capabilities a construction firm must accumulate to respond flexibly to the changing project environment offering practitioners insights into practices that build firms operational flexibility potential. Firms are dealing with complex, continuous changing and uncertain environments due trends of globalization, technical changes and innovations and changes in the customers’ needs and expectations. To cope with the increasingly uncertain and quickly changing environment firms strive for flexibility. To achieve the level of flexibility that adds value to the customers, firms should look to flexibility from a day to day operational perspective. Each dimension of operational flexibility is derived from competences and capabilities. In this thesis only the influence on customer satisfaction and learning exploitation of flexibility dimensions which directly add value in the customers eyes are studied to answer the followingresearch questions: “What is the impact of operational flexibility on customer satisfaction?.” What are the predictors of operational flexibility in construction industry? .These questions can only be answered after answering the questions like “Why do firms need operational flexibility?” and “how can firms achieve operational flexibility?” in the context of the construction industry. The need for construction firms to be flexible, via the effective utilization of organizational resources and capabilities for improved responsiveness, is important because of the increasing rate of changes in the business environment within which they operate. Achieving operational flexibility is also important because it has a significant correlation with a project effectiveness and hence a firm’s turnover. It is essential for academics and practitioners to recognize that the attainment of operational flexibility involves different types namely: (i) Modification (ii) new product development and (iii) demand management requires different configurations of predictors (i.e., resources, capabilities and strategies). Construction firms should consider these relationships and implement appropriate management practices for developing and configuring the right kind of resources, capabilities and strategies towards achieving different operational flexibility types.

Project management exercises

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Project management exercises pdf

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Project Management: A Tale of Fact, Failure and Fiction

This is a presentation given to 3rd year Project students on our BSc degree programmes to help them project manage their 3rd year dissertations. It covers three practical methods. Fact: Skills Audits to help make projects realistic. Failure: Risk Assessment to help with contingency planning. Fiction: Gantt Charts to help with managing time and effort.

e-Research Methods Theme 5 Project Management

The aims of this theme are: •to identify and develop personal attributes that enable postgraduate students to manage a research project to the correct standard and to complete it on time; •to enable postgraduate students to plan and organise their research project in order to successfully reach their full potential in their chosen postgraduate degree; •to enable postgraduate students to apply appropriate time management skills to the planning of their research project; •to identify study skills and resource management strategies that can benefit postgraduate students to effectively organise and research their chosen field; •to develop team work skills within the postgraduate cohort studying the Project Management core theme.

e-Research Methods Theme 5 Project Management ZIP

Source files for theme 5

El Reportatge de recerca com a mitjà didàctic del treball de recerca. Una proposta innovadora amb elements de project management

El reportatge de recerca es el resultat, normalment en forma textual, de la transmissió del coneixement del procés de la investigació d’un treball de recerca. El desenvolupament del reportatge de recerca té com objectiu conformar els continguts d’acord amb unes característiques tangibles (l’estil de la redacció...) o intangibles (emoció, passió pel coneixement...). La seva difusió té com objectiu arribar al destinatari final per transmetre-li el coneixement de com s’ha fet la recerca o, quan està adreçat a un públic ampli, per gaudir de la lectura. El treball de recerca és una eina didàctica cada dia més utilitzada. Llavors, cal que la seva difusió sigui ben presentada, ja sigui tan a nivell dels resultats com del procés. Hi ha diferents mitjans de comunicació d’aquesta difusió: des de el text fins l’audiovisual. En el present article es farà referència al format de text amb els complements d’imatges que s’escaiguin. A continuació es mostrarà la forma com s’estructura el treball de recerca, la metodologia del reportatge de recerca i els elements informatius, que es proposa anomenar-los infotextos, que hi apareixen. La bona articulació del infotextos en el reportatge generarà interès per la lectura i posarà en valor el treball de la recerca

Private industrial project management: a systems-based case study

The technique of linear responsibility analysis is used for a retrospective case study of a private industrial development consisting of an extension to existing buildings to provide a warehouse, services block and packing line. The organizational structure adopted on the project is analysed using concepts from systems theory which are included in Walker's theoretical model of the structure of building project organizations (Walker, 1981). This model proposes that the process of building provision can be viewed as systems and subsystems which are differentiated from each other at decision points. Further to this, the subsystems can be viewed as the interaction of managing system and operating system. Using Walker's model, a systematic analysis of the relationships between the contributors gives a quantitative assessment of the efficacy of the organizational structure used. The causes of the client's dissatisfaction with the outcome of the project were lack of integration and complexity of the managing system. However, there was a high level of satisfaction with the completed project and this is reflected by the way in which the organization structure corresponded to the model's propositions.

Practicing sustainability in PFI project management

This paper investigates the relationship of the project management in Private Finance Initiative (PFI) and sustainability. A live PFI project is selected as a case study, where contract review and monitoring on project management are carried out to evaluate the sustainability of project management. The PFI procurement shows great advantages in increased contractual responsibilities of the contractor in sustainable construction, and also in practicing sustainability in project management. Six main sustainable attributes of the project management are selected to evaluate the sustainability of project management in the PFI project. The project management process in the case study is closely monitored in order to verify how the PFI project promotes sustainability in practice. The project management in the different stages of the PFI project, including tendering, design, construction and operation, contributes to the six sustainable attributes in different ways. The project management in PFI project paid more attention in sustainable development during its whole process. As the private sector is responsible to the whole life of the building project, the project manager has to consider the long-term benefits during the management process. The government should take advantages of PFI project management in practicing sustainability therefore to promote sustainable development of the national infrastructure services.

Executive project management structure and the challenges acing its adoption in the Nigerian construction industry

Project management (PM) is a globally recognized discipline and has been widely adopted within the construction industry. Despite advancements in the PM discipline, the ineffective traditional management system, typical of the non-executive PM structure, is still widely used in the Nigerian construction industry. The aim of this paper is thus to explore the challenges facing the adoption of the executive PM structure in Nigeria. The paper first assesses the level of growth of PM in Nigeria using UK best practices as a benchmark and identifies the key PM characteristics in the two countries. Focus group interviews were used to collect the primary data for the study and content analysis was used to present the results in a thematic format. The study revealed the key barriers to the adoption of an executive PM structure in Nigeria as a lack of proper awareness, unfavorable policies, skill shortages, the traditional culture of stakeholders and the absence of a regulatory body. It is recommended that the government, as a major player/client in the Nigerian construction industry, should lead the campaign to change the traditional industry approach to project management. This is necessary if construction stakeholders in Nigeria are to be educated and encouraged towards adopting and putting into practice effective PM.

The human side of project management - an investigation of critical chain concepts in the Argentinean Project Environment

The global marketplace is rapidly intensifying. Longer product sales lives, greater profit margins or simply survival, is dependent on management¿s ability to create and lead change. Project Management has become an important competency, combined with other business practices to adapt to the trend of changing conditions. Critical Chain is a relatively new project methodology, elaborated by Eliyahu Goldratt in order to complete projects faster, make more efficient use of resources and securing the project deliverables. The methodology is based on the assumption that traditional project techniques such as CPM and PERT, do not recognize critical human behavior. The methodology claims that many project failures are a direct result of how safety is built into the task delivery times, and then wasted by human behavior such as Student Syndrome, Parkinson Law and Multitasking. However, there has been little or no previous research regarding this topic in the Argentine marketplace. This study intended to investigate to what extent the human behavior concepts of critical chain project management are present, by performing in-depth interviews with Argentine project stakeholders. It appears that the four human behavior concepts are present in Argentina and that the majority of Argentine companies are yet to apply project management techniques.

Estudos de caso : implantação de sistemas ERP - uma análise crítica à luz da metodologia de Project Management

Este documento constitui-se em uma dissertação de mestrado, requisito parcial para a obtenção do grau de Mestre em Gestão Empresaria e Pública. Este estudo procura mostrar que a adoção dessa nova tecnologia através de projetos de implantação de sistema de ERP não só mudam processos administrativos como também produtos, serviços e estruturas organizacionais e que a sua implantação se constitui em um grande projeto que envolve um número considerável de recursos e tempo das organizações. Este estudo procurar mostrar também que os impactos que tais projetos trazem, são mais fortemente sentidos ou não pela organização de acordo com uma série de fatores, entre eles, a resistência à mudança e o quanto a organização está preparada para enfrentar essas mudanças, o medo da perda do emprego pela adoção de uma nova tecnologia, problemas com a falta de comunicação das mudanças, questões relacionadas à cultura organizacional vigente, a falta de envolvimento da alta administração, entre outras. Para gerenciar todas essas variáveis, as organizações modernas adotam técnicas para garantir o sucesso da implantação dessas novas tecnologias. o estudo aqui proposto tem como objetivo determinar até que ponto a utilização de metodologias e de técnicas de Project Management é o suficiente para que esses projetos alcancem o sucesso esperado pelas organizações. A quantidade de variáveis que influenciam o resultado de um projeto são muitas e cada uma delas possui um papel importante que deve ser avaliado. As conclusões desta pesquisa demonstram que o sucesso de um projeto nem sempre se resume a atingir os objetivos inicialmente propostos, relativos ao cumprimento do prazo, escopo e custo de um projeto, conforme define a metodologia de Project Management. Outros aspectos considerados por essa metodologia, se melhor ou pior aplicados, também contribuem para o sucesso ou fracasso de um projeto de implantação de um sistema de ERP sendo o seu fracasso traduzido ou não, no cumprimento do prazo, do escopo inicialmente previsto ou no custo inicialmente calculado. Outros aspectos que não apenas a aplicação correta da metodologia de Project Management contribuem para os resultados alcançados pelo projeto.