Preview

Project Management Simulation Reflection

Good Essays
Open Document
Open Document
1509 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Project Management Simulation Reflection
Introduction
This paper will walk through the simulation project experience, discuss lessons learned and key take ways from the project. The project simulation was designed to challenge project managers in a life like simulation of project management. It challenges a Project Manager to take over and manage an existing project within a global company.
The simulation ran the project manager through the full life cycle of a project. It began with identifying all project stakeholders and project requirements in which the project manager must base decisions on. The project manager was given thought-provoking scenarios of project planning, budget, schedule, risk, quality, resource allocation and scope. It was left to the project manager to
…show more content…
Overall decision making and schedule completion were the successes of this project. Decision making based on project management development, resource allocation, communication styles and team dynamics were highlights of the ultimate scores. The project was completed after the optimum deadline, although not totally out of the window of opportunity.
Areas for Improvement
My simulation scores show the area of most need for improvement in the areas of cost projecting and financial decision making. While working on the project in the beginning. I do not believe that I spent enough time with the work breakdown schedule and the project charter, as the project was behind schedule for the full duration of the project life cycle requiring multiple revisits to request further funds to cover project costs. It will be in my best interest in future projects to familiarize myself fully before determining financial
…show more content…
Even with the best project planning, scheduling and budgeting, without superior communication a project can fail. The simulation also brought to light the need for extraordinary communication skills. The project simulation laid out some important issues around team dynamics and communication. It made it even more important as this project was also across many different cultural teams. Handling conflict in project management is an area that not only takes effort but experience. I will need to focus on these concepts to help develop a more professionally mature approach to dealing with conflicts within project

You May Also Find These Documents Helpful

  • Powerful Essays

    ITMG624

    • 4112 Words
    • 21 Pages

    This course provides students with the foundations for effective project management in modern organizations. The course begins with a comprehensive introduction to the main components of the project management discipline. Specifically, a comprehensive and thorough examination…

    • 4112 Words
    • 21 Pages
    Powerful Essays
  • Powerful Essays

    ‘Project management is the application of knowledge, skills, tools and techniques to project activities to meet the project requirements’ (Project Management Institute, 2009, p12). Once a project has been approved a project manager is assigned to the project, and ‘is expected to integrate all aspects of the project, ensure that the proper knowledge and resources are available when they are needed, and ensure that the results are produced in a timely, cost-effective manner’ (Meredith and Mantel, 2010, p5). In order to allow this to happen there are several key aspects of a project which need to be carefully thought out and controlled.…

    • 1355 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    This analysis helped me to understand how important quality is. By doing the simulation I can recommend that looking into the quality and the looking into the life cycle of the project will help to determine any problems that the project may be having. Looking at every aspect of the project life cycle can help you better that project and determine what can be done to get the results that you want out of that…

    • 339 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Coastline Systems Consulting

    • 13250 Words
    • 53 Pages

    Project Report Contents & Format (in this order) Letter of transmittal Title page Executive Summary (Follow references on business communications.) Table of contents List of figures, illustrations, and tables Introduction Body – with the Project Management process groups: One page discussion of Initiation process plus process deliverables / outputs One-­‐two pages discussion of Planning process plus process deliverables / outputs One-­‐two paragraphs…

    • 13250 Words
    • 53 Pages
    Good Essays
  • Powerful Essays

    Exam 3 Study Guide

    • 2230 Words
    • 9 Pages

    Project life Cycle: The way the project was planned, designed and implemented helped with the success of the…

    • 2230 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Completing the “Achieving Project Goals Simulation” changed my perception as well as helped me understand exactly what project management and how important it is to execute all the areas of project management effectively. By reviewing this simulation one can realize how project management is very helpful in everyday life and can also change one’s point of view on project management. There are three crucial elements to follow in project management, these are time, scope and cost and are known as the “Triple Constraint” or “Triple Constraint triangle (Kerzner, 2006).…

    • 873 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Pmp Study Guide

    • 5693 Words
    • 23 Pages

    ** PMP – Project Management Professional Exam STUDY GUIDE – Fifth Edition, Kim Heldman, 2009, ISBN: 978-0470-45558-6…

    • 5693 Words
    • 23 Pages
    Satisfactory Essays
  • Best Essays

    The essay discusses basic prices of project management. The first part tackles the initial technical aspect of project planning where scheduling is done to determined logical flow of activities. At this stage, a critical path is determined and project is visualised using Gantt chart and network diagram. Importance of network diagrams is also discussed. The second case discusses general skills and competencies that are needed to successful project management. A range of skills are classified by various authors. In this article, skills that are discussed include technical, communication, people management, and leadership and motivation skills.…

    • 3148 Words
    • 13 Pages
    Best Essays
  • Satisfactory Essays

    This project management simulation is more about R&D, since there are 1000 points in total, before I have started the simulation, my plan was to gain at least the basic 800 points and then find some ways to get the extra 200 points. After I have gone through the simulation, I find that it is too hard to get even the basic 800 points since there are full of trade-off among target scope, schedule, cost and morale.…

    • 461 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    The simulation requires that the project manager successful and effectively manage the Project Integra that will influence the integration between American Bank of Indiana (ABI) and First American Financial Service Group (FAFS). A successful Project Manager must simultaneously manage the four basic elements of a project: resources, time, money, and most important, scope. To excel at this position an individual must have communication and interpersonal skills, attention to detail, and strong analytical skills. The Project Manager must motivate the project team to adopt the goal and methods to achieve them by evaluation through performance. The Project Manager must break the project into many steps and perform them in logical order.…

    • 2754 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    1 Balance competing project stakeholder requirements for quality, scope, time, cost, and personnel issues. 1 Plan scope, and implement a functional class project. 1 Examine the PMI professional certifications. 1 Utilize business cases for analyzing project management issues.…

    • 492 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Chunnel Project

    • 9442 Words
    • 38 Pages

    This case study was originally prepared as part of Project Management Applications, the capstone course of the Master of Science in Project Management in the Department of Management Science at The George Washington University, by the graduating students listed above with the supervision of Professor Anbari.…

    • 9442 Words
    • 38 Pages
    Powerful Essays
  • Better Essays

    Team Conflict Resolution

    • 965 Words
    • 4 Pages

    On the other hand, if conflict is not managed correctly, and the project manager suppresses or suffocates conflict it can lead to project delays, a decline in employee moral and team energy, not to mention the restriction of the flow of ideas. The key to managing conflict is for a team to mediate those conflicts internally. One of the main contributors to conflict in a diverse environment is communication. All team members need to understand the group's communication process, and the team's mediation process. If one or two of the team members do not understand the process or just choose not to follow the defined processes, the benefits of conflict breakdown. A second potential area of conflict occurs when boundaries or lines are crossed. The Project Manager must monitor and enforce these personal boundaries, and each team member must understand and support these…

    • 965 Words
    • 4 Pages
    Better Essays
  • Good Essays

    To run the project successfully would require a full guidance and support from the board of directors and the project manager. Furthermore, our group project taught us that there are necessary steps to be followed in order to complete a project successfully in a given time and on budget: (i) a project must be delivered in time with an innovative solution in order to satisfy stakeholders; (ii) project has delivered in time with high reliability; (iii) because of utilizing the advanced electronic health information system, daily physical check-ups has been reduced; (iv) there must be a continuous monitoring of the risks in the project for it to develop successfully; and (v) the project must be good and user…

    • 807 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Monte Carlo

    • 5637 Words
    • 23 Pages

    advancements in computing technology combined with Monte Carlo simulation software allow project managers to implement the method easily. In the field of project…

    • 5637 Words
    • 23 Pages
    Powerful Essays

Related Topics