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Introduction
The Project Schedule and Budget lets us know what tasks are happening in what order
and how much it costs. Project leaders must schedule effectively. Project leaders must interpret
that schedule to predict shortfalls. Project Leadership must command efficiency. Project
Leadership must perceive losses and inefficiency of process and take up slack wherever it is can.
Project leaders must meet the project scope and budget or the company will suffer in profit
losses. These are veritable certainties. The article written by Stephen Swartz entitled, Managerial
Perceptions of Project Stability, gives us a clear outline for reasoning a projects timeline and
resources. This journal article shows us that management of schedule, scope and budget, are the
Summary of article
scope and budget when providing oversight to a project. This author shows us for conducting a
project. One interest is planning. “On a basic level, performance to the schedule is important in
order to ensure that the higher-level objectives of cost, schedule and performance are met and
constraints are satisfied.” (Swartz, 2008) Project leadership has the responsibility to ensure that
all stakeholders understand the scope of the project and predictions made as to what if this
happens. Most of the time spending a little bit more money so that something may get done
faster is better than saving time and money, not allowing deviations from the time budget.
“These deviations, in turn, may cause other deviations to future scheduled events. As the
deviations spread throughout the project network, a loss of the synchronization of the activities
and resources in the project begins to occur. This loss of synchronization in the project may
PROJECT LEADERSHIP RESPONSIBILITIES 3
result in a degradation of project performance.” (Swartz, 2008) You must be able to perceive
When managing projects, certain deviations, which will slow the project and drive
to perceive them. The best way to avoid them is to interpret the scope, budget and performance
“This research investigated the importance of stability (ability of schedules to absorb disruption)
to project outcomes.” (Swartz, 2008) Which is verisimilitude to the statements made in chapter
organization or a project is influenced largely by how well its resources are organized?”
(Marchewka, 2006)
“According to the Project Management Body of Knowledge, the area of project human
resource management entails: (1) organizational planning, (2) staff acquisition, and (3) team
development.” (Marchewka, 2006) The concept described in the article as ‘Traditional measures
of cost, schedule, performance, and earned value…” (Swartz, 2008) The article discusses how
perceptions of project managers can affect project performance, discussed in chapter seven,
PowerPoint Presentation: The Project “Schedule and Budget.” Resource planning: determining
Conclusion
Project leaders have to understand, what is going on, to be able to manage the tasks
effectively to keep the project on track with scope and budget. How are our human resources
interacting with our financial resources? When will the part get there so that the engineer can
look at it and labor can assemble it? These are things Project leaders must look at and try to get it
done in the most efficient way possible. Managerial Perceptions of Project Stability show us how
to perceive the small problems involved will a large project. This is not to be confused with
micromanagement. Understanding that it may take some, time for the engineer to look at the part
before he gives it to assembly to make sure it fits is perceptual. The project leaders have to
determine out how long is long enough. What happens when the delivery is late or brings the
wrong part, or there is a machinist mistake? Is there a need to order several of the same part so
that there are no technical mistakes, is there a need to have resin samples, or are we sure that it
will be the product that we need coming in at just the right time. Remember, if it can go wrong it
probably will and even if it does not, project leadership should be aware of the risks on the whole
project and have a contingency plan, just in case. Thinking it through is only logical.
PROJECT LEADERSHIP RESPONSIBILITIES 5
REFERENCE
Gray, Clifford F., & Larson, Erik W. (2003). Project Management: The Managerial Process.
http://www.allbusiness.com/trends-events/investigations/11813712-1.html
Drummond, E. (2008, March) Chapter 7, PowerPoint Presentation: The Project Schedule and