Strategies For Business And Management Success

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Strategies for Business and Management Success

Introduction

In this essay you will be talking about the factors that are critical for success, since this is of great importance so that we can understand and we can know how to analyze that all success of a company requires strong transcendence as clarifications. These factors that are for a triumph are the element of the purposes that are precise to be able to be placed in its area so that it can ensure that the purpose of the project is made. We are also going to observe that what we want to do or the goal in which we want. As will also explain in detail any component such as the elements that are decisive for the success of the management of all risk and also the different factors of the triumphs that are associated with all elements that are acquired from the investigating appointments.

Developing

The strategies are part of the projects in order to moderate those new market trends. Now, a project is an organization, which symbolizes changes and also competitiveness. That competition that arises at a great worldwide with globalization and new technologies that have emerged in recent times that have made companies want to stay today. In order for these to be able to stay in the markets that are competitive, these companies or organizations go to people who are experts for them can be responsible for directing those changes they want to make through every project.

These projects have a series of processes that have to be carried out during a life cycle so that they can make the goal they want. These processes are done in a process, but it is extremely important for every administrator to do them in a way which has to be adequate. In the literature read it can be seen that there are certain patterns that are common in which those who are experts are the ones who determine those who are those factors that are critical in the life of the projects. Pinto (1988), this established that as one of the critical factors in the project mission. These people who manage the projects and customers have a great mission in general regarding the result to be established, the plans and routes that are followed to achieve the objective. Heldeman (2011), says that in the same way, the mission as the reason for being of the project is actually a step to an initiation process within. Whereby if you do not have a mission or an established goal, then you can start doing the project.

Another critical factor that can be mentioned and that is essential that is given during the life cycle of this project is the one that is provided by the schedule and plans of the projects. Pinto (1988), says that having any specification and any action plan in details are required so that a project can be raised. Heldman (2011), this tells us that one of the aspects in order to determine if it is really a project or a work task is that these projects have an end an end. When this has a living time they have an important weight that these project components are very clear what their role is, so that the desired goal can be accelerated and achieved. Heldman (2011) This mention that for a schedule to be scheduled for the project it is essential to design a plan for this project.

Because with this it is very helpful to know what stages the project is being found and thus know if these plans are being carried out and achieved by then to make a change in the action plans.

Heldman (2011), I mention that one of the critical factors is that the project administrator is working hand in hand and that this has all the necessary support of the client or the one that is sponsoring the project. This sponsor of this project is really the person who has the authority and control to make any decision within the company or organization that he wants to do in him projected. (Heldman, 2011). Pinto (1988) also established that the support of those great executives must be available because this is positive for the project administrator to see with what he can count on the resources that are essential to be able to make a project successful.

The project is an investment for companies that want or want to achieve it. Within a project, resources can be in regard, in the economic aspect, human capital and in time. When you get the support of the great management and you can also achieve identification with the mission that the project has, it can become easier for that person who is obviously in charge of the project, to be able to achieve all resources that are needed tothat the project gets the desired success.

You must have the people who are really suitable for collaborators to be within the said project, which is a critical factor in the project life cycle. Pinto (1988), says that the recruitment in important, selection and training of human capital of projects. It is important that the project manager has a work team, have some experience in the project he wants to make. As the human components are trained within the major project, it will make the success it will have and will also be able to achieve the schedule that is established in the processes that initiate the project. Heldman (20110, he says participants who are within the project must have knowledge and clearly understand their role in the project. When you have a good process in the selection and training of the person in the work team, it can be underestimated or minimized the errors that may appear when the project is being carried out.

Heldaman (2011), in one of the factors highlights in financing, costs and benefits that projects have. It should be noted that throughout a project a monitoring will be constantly being carried out, which is vital for costs so that it can be seen and know if the project will truly have a future and if it will grow from its investment for thecompany. For a company, success as the failure of a project is always going to be an impact for companies. Pinto (1988), tells us that the information obtained from the monitoring and those achievements of the processes that the project is carrying is important to have a certain effectiveness of the project.

conclusion

Finally, these critical factors that are within the project life cycle are important and necessary so that the goals and the result that the company wants to reach can be achieved. In reading, I could see that there is not much difference in experts that are decisive for the factors that have to carry in the project of a project. Analyzing I could see and understand the great similarity between the approaches of each of the experts. Which is equal to the processes that are being carried out during a project and that there is minimal variability in critical factors. Therefore, the project administrator uses the way to put into practice each of the factors within the difference in the project processes, because this determines how much success the project will have.

References

  • Heldman, k. (2011). PROJECT MANAGEMENT JUMPTART (3.ª ed.). Hoboken, NJ: Wiley.
  • Pinto, j. K. & Slevin, D. P. (1988). Critical Success Factors Across The Project Life Cycle. 

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