Application Of Project Management Tools Research Articles

Directions of application of project management tools for the effective functioning of enterprises of the rocket and space industry

Directions of application of project management tools for the effective functioning of enterprises of the rocket and space industry

Application of project management tools in construction phases to optimize the impact on quality, cost, and time: A case study

This work deals with the disturbed construction process, evaluated using the parameters cost, time, and quality. The aim is to transfer the actual situation of the disturbed construction process into a structured construction process. In this context, the possibility of data analysis and the associated creation of a resilient initial situation is demonstrated. One factor, time, is classified into a measurability with the possibilities of Gantt and Lean Construction Management. A representation of the monetary situation is the determination of additional costs. Here, the best case and worst case are presented and evaluated. The execution of the quality requires the comparison with the fictitious, planning quality defaults at project initiation and the now under consideration of the default costs and dates possible degree of fulfilment. The realization at the considered object has the following initial situation. Construction delay approx. 1 year, delta costs approx. 250 million euros, quality approaches were revised and partly reduced. This was the base for the creation of a schedule. The milestones from the Gantt schedule were incorporated into the system for the Lean Construction system. The monitoring between the milestones or intermediate goals was measured in the target-actual comparison.

Формування високопродуктивних проєктних команд

The aim of the article is to develop recommendations for the formation and development of highly productive project teams through the implementation of an effective motivational influence on their participants and the creation of a favorable project environment. In spite of difficult living conditions, Ukrainian entrepreneurs can ensure an effective operation of a company through the implementation of projects that allow to proactively influence the needs of society and ensure rapid adaptation to changes in the environment. The successful implementation of one’s own ideas through the implementation of projects significantly depends on the professional application of project management tools and on the effective work of the project team. The article examines the importance of transforming a group of people involved in the implementation of a project into a highly productive team. It is noted that one of the key points in the formation and management of high-performance project teams is the motivation of team members, since the success of the entire project will significantly depend on the level of interest of the participants in the implementation of the tasks. The interpretation of the concept of «motivation» is considered and the definition of motivation in the management of project teams is proposed. It is proved that in order to form a high-performing team, it is important to establish effective relationships between the project manager and all members, as well as to build an open communication environment within the team. It is important for a project manager to find individual motivation factors for each team member, to understand their needs and values in order to develop an effective motivation system. Factors that can be valuable for team members are highlighted. The article also proposes methods of motivation of team members, which a project manager, taking into account an individual approach, can use in order to form and develop high-performance teams. The factors that will contribute to the creation of a favorable environment that will allow teams to maximize the potential of each member are allocated. Active communication with each team member, effective motivational influence in accordance with the motivation factors of each participant and the creation of a favorable project environment will allow the project manager to form a high-performance team that will ensure the successful implementation of the particular project.

Implementation of the program and target method for managing the State financial resources in the Russian Federation

Subject. The article considers processes of introducing the program-target method of managing the federal budget funds in the Russian Federation. Objectives. The aim is to justify the need for a wider application of project management tools, and, therefore, the need to change the structure of budget management of the budget system. Methods. The study employs universal methods of scientific knowledge, like analysis, synthesis, generalization, abstraction, and methods of induction and modeling. Results. I offer a variant of adapting such a project management tool as a matrix, for dividing administrative management tasks for the public financial management sector. The paper substantiates that in the conditions of the current structure of the State financial management in the Russian Federation, the effective operation of the program-target method of financial management is significantly complicated. I developed an option of temporary adaptive structure of public financial management for the period of implementation of priority national projects until the end of the current stage of budget reform. Conclusions. Approaches to the adaptation of project management tools to their use in the public administration sector, proposed in the article, on the one hand, will enable practitioners to improve the efficiency of planning and using the public financial resources, and, on the other hand, to open new areas of research to improve the public financial and budgetary management.

Application of project management tools and techniques to support nursing intervention research

Nursing research involves much planning and attention to details, yet novice and seasoned nurse researchers often overlook the day-to-day operations required to conduct research studies. Project management is a set of iterative steps that can facilitate the process of conducting nursing research. In this paper we aim to provide an overview of project management and identify ways in which its specific principles and strategies may be applied to facilitate nursing research. Here we give an overview of our current longitudinal study using a Solomon four-group design and illustrate how we applied strategies and tools from the project management literature. In addition, we offer descriptions and illustrations of several other project management tools that could have been used in specific phases of this research project. We encourage nurse educators and researchers to familiarize themselves with the principles of project management and consider using them in future studies.

Procedure structuring for programming aircraft maintenance activities

Purpose This paper aims to exemplify the use of project management tools in the scheduling of aircraft maintenance activities. This process is known as maintenance, repair and overhaul and it has gained importance within the aeronautical sector due to its expected growth in the coming years; however, it also faces increasing competitiveness in its market. This fact gives rise to the need of acting in maintenance management and seeking lower costs while maintaining the quality of the service provided. The purpose of this paper is to propose the structuring of a procedure that aims to reduce the total maintenance time (downtime) and guarantee the delivery of the aircraft on time. Design/methodology/approach The paper, through a case study at a Brazilian aircraft maintenance center, used critical path method and critical chain project management, the latter being derived from the theory of constraints, with the purpose of analyzing resources systematically and synchronizing the activities in the precedence network. Findings As a result, it is shown that downtime can be reduced from 11 to 5 days and improvements are proposed to achieve greater market competitiveness. Originality/value This paper demonstrates the competitive advantage that resulted from the application of project management tools in the aircraft maintenance planning and execution.

Application of project management tools in engineering services companies: Four case studies

A methodological proposal is designed for the planning of the scope, time and cost that strengthens the management of the projects developed by the services companies of Cúcuta and its metropolitan area. In the first phase, a descriptive study was carried out based on a maturity diagnosis which included the relevant tools to measure the culture in the planning of the scope, time and cost of the projects, which was validated by experts in PMI and applied in thirty companies to the officers who are in charge of the management of the projects. The second stage consisted in the selection of fifteen tools and techniques of the scope, time and cost management of the PMBOK Guide applicable in the methodological proposal according to the diagnosis. Finally, methodological guidelines for project management were designed in four social services companies, technology and computer science and civil constructions in which the tools defined in the proposal were incorporated, which will become guidelines for the execution of the projects guaranteeing the fulfilling of the deliverables, in the estimated time and with the assigned budget.

DEVELOPMENT OF METHODOLOGY FOR THE CALCULATION OF THE PROJECT INNOVATION INDICATOR AND ITS CRITERIA COMPONENTS

Two main components of the problem studied in the article are revealed. At the practical level, the provision of the convenient tools allowing a comprehensive evaluation the proposed innovative project in terms of its possibilities for inclusion in the portfolio or development program, and on the level of science – the need for improvement and complementing the existing methodology of assessment of innovative projects attractiveness in the context of their properties and a specific set of components. The research is scientifically applied since the problem solution involves the science-based development of a set of techniques, allowing the practical use of knowledge gained from large information arrays at the initialization stage. The purpose of the study is the formation of an integrated indicator of the project innovation, with a substantive justification of the calculation method, as a tool for the evaluation and selection of projects to be included in the portfolio of projects and programs. The theoretical and methodological basis of the research is the conceptual provisions and scientific developments of experts on project management issues, published in monographs, periodicals, materials of scientific and practical conferences on the topic of research. The tasks were solved using the general scientific and special methods, mathematical modelling methods based on the system approach. Results. A balanced system of parametric single indicators of innovation is presented – the risks, personnel, quality, innovation, resources, and performers, which allows getting a comprehensive idea of any project already in the initial stages. The choice of a risk tolerance as a key criterion of the “risks” element and the reference characteristics is substantiated, in relation to which it can be argued that the potential project holds promise. A tool for calculating the risk tolerance based on the use of matrices and vector analysis is proposed. Based on the fuzzy sets theory, a calculation of the “personnel” component is suggested on the basis of the analysis of the conformity factor of execution of potential project operations to the required competencies of the project manager. The suggested technology assessment as a part of a comprehensive indicator of the project innovation, unlike other technologies, considers the compliance of the project product characteristics with the consumers’ requirements and the options of a specific project. On the basis of ideal and matrix modelling, a mathematical model is obtained for determining the prospects of realizing consumer’s expectations regarding the project product. Practical implications. As a result of applying the suggested indicator of innovation, it is possible to obtain the information on the degree of the project innovativeness and risk tolerance, if the available resources are sufficient, whether the set of competencies of a project manager is in compliance with the project works, and whether the project product meets the requirements of the consumers. It is found that the innovation of projects can be considered as necessary and sufficient information for making optimal decisions. Simplicity, ease of use, efficiency, measurability, adaptability of innovation indicator extend its effectiveness in the field of the project management and provide the organization with a new tool for making appropriate management decisions. Application of the integrated project innovation indicator complements the classical methods of analysis of options, increases the effectiveness of the application of project management tools, especially at the stage of project selection to portfolio or program. The results of the research can be used for further development of scientific and methodological foundations to form a balanced system of indicators of innovative projects. The results implementation is a methodological and organizational basis for creating effective systems and technologies for managing the project programs and portfolios.

Project management supports the change process

Project management supports the change process

Применение проектного подхода к реализации стратегии устойчивого развития компании

The article is devoted to management of corporate sustainability program with project management tools. Corporate sustainability describes business strategy and ongoing activity built around social and environmental considerations. Though corporate sustainability programs are implemented through projects, there is little research on application of project management tools to realization of such programs. The present study has gone some way towards enhancing our understanding of interrelation between implementation of corporate sustainability strategy and project management tools used in an organization.

PROJECT MANAGEMENT PRACTICE IN NIGERIAN PUBLIC SECTOR – AN EMPIRICAL STUDY

The application of Project Management (PM) tools and techniques in public sector is gradually becoming an important issue in developing economies, especially in a country like Nigeria where projects of different size and structures are undertaken. The paper examined the application of the project management practice in public sector in Nigeria. The PM Lifecycles, tools and techniques were presented. The study was carried out in Lagos because of its metropolitan nature and rapidly growing economy. Twenty three copies of questionnaire were administered to 23 public institutions in Lagos to generate primary data. The descriptive analysis techniques using percentages and table presentations coupled with coefficient of correlation were used for data analysis. The study revealed that application of PM tools and techniques is an essential management approach that tends to achieve specified objectives within specific time and budget limits through optimum use of resources. Furthermore the study noted that there is lack of in-depth knowledge of PM tools and techniques in public sector institutions sampled, also high cost of application was also observed by the respondents. The study recommended among others that PM tools and techniques should be applied gradually especially in old government institutions where resistance to change is perceived to be high.