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    Project & Team Management
    Project & Team Management
    Project & Team Management
    Ebook133 pages1 hour

    Project & Team Management

    By Alan S. Gutterman

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    About this ebook

    Success for projects and teams requires skillful management in order to facilitate collaboration and communication.  This book provides a practical introduction to the art and science of project and team management and lays out the tools necessary to get things done with groups. 

    LanguageEnglish
    PublisherSustainable Entrepreneurship Project
    Release dateJan 30, 2019
    ISBN9781540165831
    Project & Team Management
    Author

    Alan S. Gutterman

    This book was written by Alan S. Gutterman, whose prolific output of practical guidance and tools for legal and financial professionals, managers, entrepreneurs, and investors has made him one of the best-selling individual authors in the global legal publishing marketplace.  Alan has authored or edited over 300 book-length works on entrepreneurship, business law and transactions, sustainability, impact investment, business and human rights and corporate social responsibility, civil and human rights of older persons, and international business for several publishers including Thomson Reuters, Practical Law, Kluwer, Aspatore, Oxford, Quorum, ABA Press, Aspen, Sweet & Maxwell, Euromoney, Business Expert Press, Harvard Business Publishing, CCH, and BNA.  His cornerstone work, Business Transactions Solution, is an online-only product available and featured on Thomson Reuters’ Westlaw, the world’s largest legal content platform, which covers the entire lifecycle of a business.  Alan has extensive experience as a partner and senior counsel with internationally recognized law firms counseling small and large business enterprises, and has also held senior management positions with several technology-based businesses including service as the chief legal officer of a leading international distributor of IT products headquartered in Silicon Valley and as the chief operating officer of an emerging broadband media company.  He has been an adjunct faculty member at several colleges and universities, and he has also launched and oversees projects relating to promoting the civil and human rights of older persons and a human rights-based approach to entrepreneurship.  He received his A.B., M.B.A., and J.D. from the University of California at Berkeley, a D.B.A. from Golden Gate University, and a Ph.D. from the University of Cambridge, and he is also a Credentialed Professional Gerontologist (CPG).  For more information about Alan and his activities, please contact him directly at alangutterman@gmail.com, follow him on LinkedIn (https://www.linkedin.com/in/alangutterman/), and visit his personal website at www.alangutterman.com to view a comprehensive listing of his works and subscribe to receive updates.  Many of Alan’s research papers and other publications are also available through SSRN and Google Scholar.

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      Book preview

      Project & Team Management - Alan S. Gutterman

      1

      Project Management

      The members of any organization engage in a myriad of tasks and activities on a day-to-day basis.  While each member has his or her own list of task responsibilities, the tasks and activities performed by various members are typically interrelated and require some level of collaboration.  It is impossible to track and measure all of these activities without breaking them down into understandable units.  One way of doing this is to look at the workflow within the company as various projects and to view the managers and employees involved into those projects as teams.  If that approach is accepted it is apparent that project and team management are important subjects for any company and that the members of the company, particularly executives and managers, need to be trained in how to effectively design and implement projects and collaborate with one another in a team environment. 

      A set of tasks and activities that need to be performed are not necessarily a project regardless of how important they are to the organization or the number of members that might be involved.  A project is indeed a set of tasks and activities; however, a project is more specifically defined as a temporary process to complete a clearly identified set of tasks and activities within a defined period in order to achieve clear and agreed upon goals and objectives.  Projects are generally used for new or one-time efforts, such as development of a new product; however, once a project is completed certain aspects of the project activities may be incorporated permanently into the organizational structure.  A project is a process that must be carried out in accordance with very definite requirements relating to time, resources and performance specifications of the outputs of the project.  As such, a project must be managed to ensure that the goals and objectives are clear; that the process is well thought out; and that resource limits in terms of people, money, time, raw materials and equipment are observed and respected. 

      Project management encompasses all of the skills and tools necessary to effectively define, plan and execute projects.  Project management is a tool for conducting and completing unique, one-of-a-kind projects or functions necessary for execution of the strategy of a company without disrupting what would otherwise be the normal workflow imbedded in the formal organizational structure.  In general, project management creates and imposes a temporary management system over the normal organizational structure in order to accomplish a specific task or activity.  Harold Kerzner, one of the leaders in research relating to project management, offers the following useful formal definition of project management that identifies key elements of the process: Project management is the planning, organizing, directing, and controlling of company resources for a relatively short-term project that has been established to completed specific goals and objectives.  Furthermore, project management utilizes the systems approach to management by having functional personnel (the vertical hierarchy) assigned to a specific project (the horizontal hierarchy).[1]

      Planning, organizing, directing and controlling are four of the five functions or activities that are normally associated with traditional management and each of these are reflected in Kerzner’s definition of project management.  Missing from the array of activities delegated to a project manager is the responsibility for staffing, which is the fifth activity that is normally associated with traditional management.  The reason is that staffing remains a line responsibility and the project manager can only request resources while the final decision as to what, and how many, resources will be diverted to the project will normally be left to the line managers for each of the functions involved in the project. There are exceptions to this rule, of course, for situations when senior management intercedes and overrides the discretion of line managers to ensure that sufficient resources are diverted to certain mission-critical projects that must take priority over day-to-day tasks and activities.  An example is creation of project teams, which are groups of specialists from throughout the company who are brought together on a one-time basis by senior management to collaborate on solving a particular issue or problem that is central to the company’s strategy and operational activities.

      While project management pertains to relatively short-term projects, there is no hard and fast rule with respect to scope and duration.  For example, engineering or construction projects may be as short as six months and as long as five years.  Larger projects, such as the designing, building and launching a nuclear power facility or a state-of-the-art manufacturing plan, may take as long as ten years.  For most small companies, however, short-term projects generally must be completed within three to twelve months since they are typically critical to the overall mission and strategy of the company and delays can be particularly risky to the survival of the company.  Estimating the duration of a proposed project can be difficult in many cases since the actual scope of the work required may be impossible to determine until project activities are well under way.  Moreover, project managers need to carefully guard against the possibility of unanticipated changes in the scope of the project that can lead substantial deviations from the original schedule as well as additional costs.

      Since projects are, by their very nature, limited in scope, the participants must deal with specific constraints that will ultimately determine how the work of the project team is designed and scheduled and the specifications and value of the outputs of the work of the team.  For internal projects, the relevant constraints include time, cost and performance.  However, when the project is done for a customer, an additional constraint—customer satisfaction—must be added.  Another thing to consider for customer-focused projects is that the customer is concerned only with results and has no real interest in how the company designs the way in which the project is approached and completed.  Regardless of whether a project is internal or done for a specific customer, success will depend not only on technical abilities, and the availability of resources, but also upon the creation and maintenance of an organizational culture that values the cooperation and teamwork necessary for project teams to achieve their goals and objectives.

      Forms of Project Management

      It is possible to identify several different forms of project management, each of which raises unique issues with respect to project management techniques and cooperation and coordination between different departments and business units within the company.[2]  The simplest form has been referred to as fragmented, or partial project, management and will be used in cases where project management is required only for a small portion of the activities of the company.  A good example would be the use of project management techniques within a single department, such as marketing or manufacturing, while the remainder of the company continues to rely solely on traditional management tools.  This type of project is relatively simple to execute given that there is little need to reconcile actual or potential conflicts with other departments; however, it is still necessary to understand some of the tools that are available to improve how the project proceeds.  Moreover, the manager or employee within the department who is responsible for the project should be trained in basic communication, company and project management techniques to be sure that the project is completed on a timely basis and that the end result conforms to the expectations of all of the interested parties within the department.

      Another form of project management is called departmental project management and requires that each department have its own project managers to oversee the department’s contribution to a larger project that must pass continuously through several departments.  New product development provides a good example of how this might work.  The process might begin with a project manager and project management structure in the research and development department.  Once the project team in that department has completed its work the torch is passed to another project manager and team in the engineering department. This process continues through the manufacturing and marketing departments. While the advantage is that each department uses a formal process to manage and complete its main responsibilities with respect to launching the new product, the obvious disadvantage is that there is no single project manager with a stake in making sure that the entire project successfully moves through all the stages from beginning to end.  The obvious response to the limitations of departmental project management is task force project management that includes designation of a task force leader who would be responsible for making sure that the entire project is completed. 

      Finally, companies engaged in project-driven industries such as aerospace, construction and defense tend to gravitate toward matrix project management structures.  A matrix management structure for a project requires coordination between the project manager who is primarily responsible for the work flow and completion of the project and the managers of the various functional departments that have control over the resources that the project manager needs in order to complete the project.  Advantages of this type of structure include access to the specialized resources developed and enhanced by the functional departments; however, the main disadvantage is the possibility that the managers of the functional departments can withhold resources from the project and channel them toward other projects that have a more direct bearing on the performance and operations of the department.  Companies using a matrix management structure for projects may adopt different variations that are based, in large part, on how power is balanced between the project and departmental managers and senior management generally needs to

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