You are a manager at Winsome Manufacturing Company, a company that produces plastic storage containers and sells them to the home consumer through home sales events. At the company’s quarterly meeting, the head of marketing described a new product to be introduced in the first quarter of the next fiscal year, approximately nine months from now. The product will be a room-sized plastic storage unit suitable to the outside of the home; it is similar to a competitor’s product but will have significantly more features. This product will open new markets for the sales channel, lay the foundation for add-on products, and generate new revenues. You have only seen preliminary sketches of the potential product but are very excited by the new …show more content…
The project stakeholders for this project are the people with an interest to make money off the product by putting money into the idea phase of the product. These stakeholders involvement will mostly be financial to get the product advertised to the public, they may also want a say in the design of the product since fresh ideas are always welcomed. A sponsor of the product will provide the financial resources for the project and champions the product. They will also serve as the spokesperson for the project, lead the project through the selection process, play a role in the initial development, and serve as a growth path. They can also be involved in authorizing change, reviews, and high risks decisions (A Guide, 2008). The sponsor of this product should be someone from the marketing department since they would know where to find the resources to back the project and how to talk to the project manager and the upper management team about the project. A project manager is assigned to achieve the project goals by the organization, usually from the Project Management Office. They have many responsibilities and priorities. A project manager is required to be flexible, have solid knowledge of project management practices and strong leadership and negotiating skills, and have good judgment. The details of the project and the overall project perspectives should be understood by the project manager, who is also responsible
The job of project manager, as performed by Ron Barnes of CanDo Construction Ltd., is fundamental in making things happen, as he is responsible for winning and completing projects. To do this successfully, he must gather an accurate assessment of the competition through direct contact, past experience, or second-hand reports. He must also organize available material and human resources, and determine the timeframe necessary to complete all processes of a project.
The project manager will focus all the attention of managing the scope, budget and schedule of the project such that the risks are minimized and the outputs are maximized. The reports at every stage are essential for analysis of the project phase. Regular reviews and testing for each module will determine the re-evaluation of project such that the processes are controlled and monitored at every phase. Plus the soft skills help a PM to follow up and follow through each task while understanding the requirements from the business stakeholders. A thorough market research would give an analysis on the qualitative and quantitative research evaluation which will ensure any concerns that can be captured
At this point the scope of the project has been defined in detail and the project team are ready to be appointed. Although a Project Manager can be appointed at any stage of the project, s/he will need to be appointed prior to the establishment of the project team. The Project Manager is responsible for all aspects of project performance including: planning, budget execution, project execution, and close-out Funding.
Provides overall management to the project. Accountable for establishing a Project Charter, developing and managing the work plan, securing appropriate resources and delegating the work and insuring successful completion of the project. All project team members report to the project manager. Handles all project administrative duties, interfaces to project sponsors and owners and has overall accountability for the project.
The Project Management Institute states the stakeholders are individuals a group or an organization that have a vested interest or role a particular project and may also be impacted by the project (Morphy, 2017). The project stakeholders for the Winsome Manufacturing are divided into distinctly defined groups by departments. These departments can consist of design, production / manufacturing, sales purchasing and marketing (Morphy, 2017). The stakeholder’s responsibilities are to follow the instructions assigned by the department managers in order to complete the company’s goals for the manufacturing of the new storage bins (Morphy, 2017). For example, Senior management that are stakeholders provide different
The project manager has almost total authority over the members of her team in the projectized structure. She makes assignments and directs team members’ task efforts; she controls the project budget; she conducts team members’ performance assessments and approves team members’ raises and bonuses; and she approves annual leave.
Projects managers can also be known as the Public manager who works as a politician’s advisor because he has to account if the project was poorly implemented. He is always given the specific budget to cover the whole project and also fund his team which will be employed by him the project manger. He should be well trained and equipped on leadership, organizing and controlling skills.
Project Manager is responsible for performance measurement which includes finding variances between planned and actual work, cost and schedule. The project manager assigns the tasks to the team members and they follow the required course of action. The project manager provides the status reports to all the vital stakeholders in order to provide visibility. The Stakeholders review the metrics and variance and initiate necessary steps for the variances determined in order to complete the project within budget and time.
Project manager as the name suggests is the one who has to everything from start to end for a project and he has everything that goes on in a project is done under his supervision. He is the commander of everything and in the end if something goes wrong then he is the one who will be held responsible and not the workers or the labor or anything for that matter. So obviously being a project manager is not an easy task and cannot be given to anyone. To be a project manager you just don’t have to have the technical skills but also personal and professional skills. You should have motivational skills and you should know how to create a positive and friendly atmosphere at work. A perfect project manager would be the one who balances everything in the most perfect manner possible.
In today's business it is in the best interest of companies to have project managers. Common sense isn't always easily accomplished. Anyone who's ever worked on a project in a technical setting knows this. Indeed, much of working with others consists of solving unexpected problems and learning from mistakes along the way. Knowing this and having the proper tools a project manager will be able to manage and complete the most intense project out there.
Stakeholders are an integral part of a project. They are the end-users or clients, the people from whom requirements will be drawn, the people who will influence the design and, ultimately, the people who will reap the benefits of your completed project. Stakeholders are any individual, group or business with a vested interest (a stake) in the success of an organization is considered to be a stakeholder. A stakeholder is typically concerned with an organization delivering intended results and meeting its financial objectives. It is extremely important to involve stakeholders in all phases of your project for two reasons: Firstly, experience shows that their involvement in the project significantly increases your chances of success by building in a
r. Project managers are typically the link to the customer and must manage the tension between customer expectations and what is feasible and reasonable. They provide direction, coordination, and integration to the project team, which is often made up of par-time participants loyal to their functional departments. Often times, project managers must work with many different types of people, such as vendors, suppliers and subcontractors.
The author of this case study aims to help the company to come up with a good plan and proposal for the said product with the gathered information from the company.
Being a project manager requires having important skills such as communication, organization, and planning. Project managers can be located in different organizations because their skills and expertise are what employers look for. When they assume the roles and responsibilities of a project, they adapt to the needs of the stakeholders to ensure that all objectives of the project are completed in a timely manner. Project managers communicate the goals of the project to their team members to ensure that everyone is working towards the same shared purpose. Although project managers may face many different challenges, they always remained skilled professionals that thrive under pressure as most of them may have more than one project going on at the same time. Competent and knowledgeable project managers are indispensable to a business which is why there is a high demand for them in any business sector.
A project is one which has a start and end to it but for a project to start there is lot of planning is done much before the actual project is started, the project manager is the one who has everything on his shoulders from start to end and even after the end if further assistance is required to the client.