Following blog article has been written of compiled notes of our international week’s lecture by professor Daniela Zirra and lecturer Mihai Dumitru.
Naturally a project has a definite start and end also it has definite amount of resources and time dedicated to it. If you are in a project you will be working with all kinds of people. There are four types of projects:
- manufacturing (vehicle)
- construction (building)
- management (software)
- research (RnD)
In project management there is five different groups which are initiating, planning, executing, monitoring, controlling and closing. There is also ten things to know when managing a project which are integration, cost, human resources, stakeholder management, scope, quality, communications, time, procurement and risk management. Organizations which communicate more perform better in projects. Project communication management consists of four things: communications planning, information distribution, performance reporting and administrative closure.
There is also 10 great project communication tools:
- stakeholder analysis,
- virtual meeting or presentation,
- skype,
- storage in cloud,
- social media,
- project hub,
- project schedule,
- survey
- online PM tools.
There is five ways to improve your communication: communication should be part of strategy, define the target, make it group effort, mix it up and get an outsider’s opinion. Project communication consists of active and passive methods which you should mix to complement.
Active: F2F, meeting, conference, webinar, telephone, stand up presentations in person.
Passive: Podcast, Web cast, E-mail, Blogs, website.
You can also use problem tree technique which helps you to analyse a situation, identify problems and argue problems through. Tree consists of problem which leads to causes and effects. The investment decision is the most loaded decisions of responsibility and risk. There is three things you need to know before investing which are the need, the opportunity and the efficiency. The need is told by sale price = cost price + added value, the efficiency is told by ROA or NPV.