Showing posts with label Management. Show all posts
Showing posts with label Management. Show all posts

Wednesday, April 11, 2012

Project Management Guide


If you come across the big question of what should project managers do to be able to make a job accomplished easily, then this article will be very helpful to you. The project manager is the one who carries the biggest responsibility in a construction firm. He is the one who holds the success of a company. Once the project is accomplished and the tasks are executed properly, the credit is due to the project manager because he is the one who handles everything in the company.
There are project managers who are inexperienced, it is very risky for a company to have inexperienced project managers in the company. If you would like to have a successful business, it will be best for you to know that there are important things you need to keep in mind:
1. The need to look for help if you have inexperienced project managers is very vital. If you know that you still lack experience to get the job done easily, there is someone in the company that can help you with your training needs. Usually, a company allows newly hired project managers to go through training from someone who is well verse in the field.
2. It is important for you to equip yourself with software to be able to get the job done easily. A lot of companies’ today especially big firms know the importance of software that is why most of them include software for a tool whenever they need to work more efficiently.
3. Learning the details of every project is also important and as a newbie in the industry, it will be best for you to know that taking care of proposals and other things as well will be very helpful to you.
As a project manager, there are lots of responsibilities on your shoulders so you need to be equipped with all the right information so that you will never miss a thing.

Friday, February 3, 2012

Six Sigma Project Management

Six Sigma Project Management

Employing Six Sigma for the business environment is for achieving well-defined goals. The project selected for deploying Six Sigma is not self-sustaining and can develop tendencies to get off target following even the slightest let up in its management. The focus of the Six Sigma management committee is to steer the project implementation to meet those stated goals within budget and time constraints.

Six Sigma Project Management Stages

Project management in Six Sigma begins even before selecting a project. In the run up to the implementation, the right kinds of people, who have proven track records, are selected for Black Belt positions. Since Black Belts are the pillars of managing six sigma, it essential that candidates have proven qualities such as attention to detail, tendency toward problem solving and a proclivity for dedicated work.

Organizational clearances, essential for project implementation, have to be sorted out at this stage. Project selection that has a potential for a high payoff cannot be missed out on any account. For example, because of lack of funds or because of organizational stumbling blocks.

Defining Project Goals And ROI

Defining project goals and estimating pragmatic ROI is essential at this stage to set the course for project implementation and for bringing it back to course if an audit shows that deviations occurred during the implementation. This is really important – if deviations are missed it will produce endless financial and customer base losses to the company. Another key aspect is setting practical ROI targets without getting carried away. The bar shouldn’t be set too high and certainly what has not evolved from the “Voice of the Customer”.

Getting Down To Measurements

Measurements are the watchdogs of a project and demand total integrity. This is the area where Master Black Belts and Champions need to concentrate completely. Black Belts can encounter undesirable pressures for misrepresenting facts, which would otherwise expose a few poor performances.

Another issue that needs to be tackled is of a more serious nature. The consultant teams have their interests in keeping the project going on for as long as possible. This fact may be seen in the fact that Black Belts employed at the company do not measure up to the reputation of the consulting firm. From this point of view, it becomes important to double check and get back to the basics to negotiate the names of professionals who are going to be deployed.

Six Sigma Audit By Internal Committee

The internal audit committee must not the audit exercise lightly, as there is much at stake. The audit committee, besides inspecting process records and documented measurements, must place a lot of emphasis on interviewing the internal customers. The interviews should focus on finding the status of efforts at minimizing customer complaints. This is clearly an exercise of contrasting the condition ‘as is’ against ‘should be’, which is the goal. The Champion will then take over the matter for brainstorming with the Master Black Belts and Black Belts. The agenda of the brainstorming session should not deviate from discussing the findings of the audit committee

Sunday, January 15, 2012

Construction Risks Analysis and Management

Analyze and manage risks in construction is very important for project management. This help to avoid or limit risks in construction projects.

The construction risks can be broadly grouped under the following categories:

. Technical Risks

* Incomplete design.
* Inadequate site investigation.
* Uncertainty over the source and availability of materials.
* Appropriateness of specifications.

. Logistical Risks

* Availability of resources – particularly construction equipments, spare parts, fuel and labor.
* Availability of sufficient transportation facilities.

. Construction Risks

* Uncertain productivity of resources.
* Weather and seasonal implications.
* Industrial relations problems.

. Financial Risks

* Inflation.
* Availability and fluctuation in foreign exchange.
* Delay in Payment.
* Repatriation of funds.
* Local taxes.

. Political Risks

* Constraints on the availability and employment of expatriate staff.
* Customs and import restrictions and procedures.
* Difficulties in disposing of plant and equipment.
* Insistence on use of local firms and agents.