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Project Management Essay Sample

Running Head: PROJECT MANAGEMENT 2

PROJECT MANAGEMENT 2

Project Management

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Project Management

Project management is the planning and organizing of an organization’s resources to move a certain task, duty, or event towards completion. It can involve a project that is one time or an ongoing activity, and the resources that are managed include finances, intellectual property, personnel, and technology. Project management is often related to construction and engineering fields and, more recently, information technology and healthcare, which usually have a complex set of components that need to be completed and assembled in a set fashion to create a functioning. Project management is vital since it ensures that there is a proper plan for executing strategic objectives. The project management purpose is to predict or foresee as many problems and dangers as possible and organize, control, and plan activities to complete as successfully as possible despite all the risks. The recent project that I have worked on is developing a surgery program in Mayo Clinic that will exactly meet the need of the doctors.

Also see: Strategic Management Analysis

Mayo Clinic is a nonprofit healthcare facility, and it has campuses in Minnesota, Arizona, Rochester, Florida, Jacksonville, Scottsdale, and phoenix. This hospital employs sixty-three thousand people, including more than four thousand five hundred physicians and scientists and fifty-eight thousand four hundred allied healthcare and administrative as of 2018. This hospital has been named as the best hospital again in the United States. Mayo clinic focuses on caring for patients with complex and serious illnesses; it operates in five states and cares for more than one million individuals a year, for all fifty states and nearly one forty nations. It is often acknowledged among the very best in the country in the following specialties; heart surgery. Cancer. Endocrinology, and diabetes.

Mayo clinic hospital was founded in 1889 on September 30 in Rochester (Mayoclinic, 2012). It had its origin in the 1880s when Charles Mayo and William joined the general practice of their father in Rochester. The Mayo brothers, who are known as Dr. Charlie and Br. Will wanted to become a specialist in surgery. Mayo Clinic is funded by research findings from the foundations of government, benefactor gifts, and industry groups. The services offered by Mayo clinic are prenatal education, community educational outreach programs, cancer prevention, and healthy brain aging. Its mission is to inspire hope and contribute to health and well-being by providing the best care to each patient via integrated clinical education, practice, and research.

Mayo Clinic has grown to become a global destination for healing and hope since it was founded as a single physician medical practice. Its staff of more than seventy thousand offer compassionate, expert care to more than 1.2 million individuals from every state each year. Mayo clinic offers many minority wellness and health programs, including programs on healthy brain aging, community-engaged research, cancer prevention, community outreach, etc. It also sponsors programs to encourage diversity. Any patient can request an appointment at this hospital, and in most cases, a physician’s referral is not required when one calls or submits an online appointment request; the staff will advise if a referral is needed.

I used the Work Breakdown structure because it will define and organize my work, and it is simple to understand and develop.

ActivityEstimateT0TmTp
surgery research database5457
survey doctors2123
research current hospital system4246
select software solution2123
request quotes from consultant2123
select program1112
implement solution6469
detailed specs from users2123
code software4248
beta test software1112
launch software solution1112
install on doctor machine1112
train doctor and data technician5359
final phase wraps up1113
document software1112
input from the IT department2123
research needs1112
define ongoing support1112
Time estimate42284271

I arrived at this time estimates by the group the team members of the project in three groups. One group estimated the optimistic time, the other pessimistic time, and the last group estimated the most likely time.

SLACK TIME

Total slack = latest finish- earliest finish

TaskEarliest startLatest startSlack
A000
B561
C660
D660
E550
F770
G770
H770
I550
J11121
K11110
L11110
M11110
N11110
O11110
P550
Q660
R660

The ramification of slack time in a project and critical path is that if one activity is delayed by one day, the finish time of the project will delay by one day

COSTS

ActivityDurationpredecessorbudgetedpercent completeActual costOver/under

budget

A52000991500-500
B2A40009650001000
C4B1000841500500
D2B20007830001000
E2C, D3000873500500
F1E500755000
G6E500545000
H2E100062500-500
I4F, G, H7000266500-500
J1I50041000-500
K1I3000030000
L1I2500025000
M5I4000040000
N1I450004000-500
O1I8000080000
P2J, K, L, M, N, O150001000-500
Q1P1000010000
R1P50005000
46500475000

The reason for how I derived these costs is by the nature of an activity. Suppose the activity is expensive and takes much time; that is how I derived these costs. And also, from the material bought, suppliers.

ActivitypredecessorDurationCrash timeNormal costAdditional cost to crash
CB431000250

By crashing this activity, I saved one day, but the activity’s cost increased by 250.

The ramifications of crashing activity C is that it will increase the cost of the project, and it also affects team performance.

Conclusion

Managing a project is not an easy task, and one should be careful. One should consider the big picture and set achievable and realistic budgets, goals, and timelines (Alvarenga J. C. 2018). When one is not careful, the project can quickly get off track before it even starts. It is important to use a work breakdown structure and other structures while planning a project because it organizes and defines the required work. It also facilitates the quick development of a schedule by effort allocation estimates to certain sections of the work breakdown structure. For a project to be successful, one should develop a work breakdown structure.

References

Alvarenga, J. C., Branco, R. R., do Valle, A. B., Soares, P., Alberto, C., & da Silveira e Silva, W. (2018). A  revaluation of the criticality of the project manager to the project’s successBusiness Management Dynamics, 8(2), 1-18.

Hernández-Bastida, A., & Fernández-Sánchez, M. P. (2019). How adding new information modifies the estimation of the mean and the variance in PERT: a maximum entropy distribution approachAnnals of Operations Research, 274(1/2), 291–308. https://doi.org/10.1007/s10479-018-2857-4  Calp, M., & Akcayol, M. (2019). Optimization of project scheduling activities in dynamic CPM and PERT networks using genetic algorithmsJournal of Natural and Applied Sciences. 22(2), 615-627.

Mayoclinic. (, 2012). Mayo Clinic – Mayo Clinic. https://www.mayoclinic.org/documents/mc2045-pdf/doc-20078949

Project Management Discussion

Last Updated on December 27, 2020

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