Project Management The Managerial Process

Question: Discuss about theProject Managementfor the Managerial Process. Answer: Introduction The Project Management System is an organizational structure that is concerned with the co-ordination, implementation and completion of all the activities within the project (Larson and Gray 2011). The main goal of this system is to maintain and create an environment, which helps in interacting among the project team members with minimum amount of disruption, conflicts and overlaps. One of the important decisions is to form the organizational structure that would be useful for the given project. In addition to these, completion of the project needs to be effective. It is efficient process of getting the work done. My current workplace is CEVA Logistics. It is MNC based in Singapore. It is one of the leading supply chain companies in the world. This essay contains an assessment of the current project undertaken by the company. The company is launching a new project team for managing the companys global supply chain. To support the Supply chain solutions, CEVA is launching the new SMART solution. I am a part of this project. Daan Masan, was appointed as the project manager of the project in which I was involved. The company is implementing the SMART solutions to reduce the risk and cost and increase their efficiency. In Singapore, my company has 750 employees approximately. They are located at seven different sites. The supply chain solutions project team has been, created in order to implement the project. The supply chain team of my company consists of about 185 employees. The supply team will combine with the already existing personnel in the company. They will use their experience and expertise for improving their organizational and functional structure. We understand the importance of the project management structure. There are three types of project management structures: Functional Organizational Structure Project-based Organizational Structure Matrix Organizational Structure On unique situations, the normal functional hierarchies are used. For creating an effective project management system we should balance the requirements of the projects with the requirements of the parent organization. The matrix structure is formed because of the need of the parent organization to share their employees and important personnel for different other operations and projects. The matrix structure is a hybrid approach that can combine both the project team and the functional team so that they can combine both their elements and can obtain advantages from both the teams. The project manager says that the company should use the matrix structure for implementing the current projects. Organizational culture is the general expectation and belief that is existing among the employees. The culture involves the customs, behavioral norms and shared values for getting along within the company. Daan Masan, the project manager of our project was aware of the culture of the company. As, violating the important customs and norms followed by the company and its employees would jeopardize the organizational culture of the company. The collaboration between the organizational culture and the project management is very difficult for any company. In many companies, the organizational culture generally focuses on implementing newer projects frequently. CERA Logistics is one such organization that is constantly focusing on newer technologies. The current organizational culture of the company encourages effective project management. The SMART solutions provide end-to-end solutions. The solution is a standardized, configurable and consistent method. It delivers value very efficiently. It is excellent in providing efficient project management of global supply chains for both production of goods and spare parts. This new solution would provide a saving of 5-15% per year for our company. The SMART solutions have set of processes that, are proven and well established. The SMART End to End is used, for managing the global outbound and inbound flow of the materials across various different locations all around the world. It will also significantly improve the efficiency of the supply chains. The EVP of the supply chain solutions department of the company says that the company is looking forward to the launch of this new team and introducing the SMART solution for their customers. The focus of the solution team is on complete integration of the supply chains that can produce maximum flexibility and cost efficiency. The company has established the high quality of engineering and expertise in design. This in return provides excellent foundation for implementing the Supply chains. The execution of services at the start and the end gives the company and their customer great advantage over the others in the market. The SMART solutions are, designed to address the complexities in the supply chain. It provides the solution to manage the inventory supply, global sourcing strategies and demand. CEVAs well-integrated network will provide the foundation for the solution, and exploiting their existing Control Tower networks in important strategic locations all over the world. The project manager also had done the closure procedure properly. After the implementation of the projects assigned by our company the project manager took responsible for performing various important task such as handing over the all the deliverables to the customers, providing the stakeholders the information about the project and releasing the additional staffs and equipments that were required for completion of the project. The project management strategies will help me to take a structured approach to solving problems in life. Project Management concepts can be, applied to almost all aspects of life. The project management techniques have provided considerable help in my personal life also. For conclusion, it can be, said that the company have a perfect plan in place to launch a new organization for managing their global supply chain management. The company has a very proper functional and cultural organization in place. Hence, the project management team would not face much difficulty in the current project and in their future projects. However, the new project manager would need to follow the norms and regulations of the company. The project manager would also need to get accustomed to the functional organization of the company. This in return would produce efficient results for the company. References Larson, E.W. and Gray, C.F., 2011. Project management: The managerial process.