Project Management Essay Example | Topics and Well Written Essays - 2500 words - 10

Project Management - Essay Example oppages in delivery of passable resources to set up project requirements; budgetary and workers transforms; and, imperfect research or knowledge of the project manager. These risks guide quickly to holdup in release dates and financial plan overages that be able to harshly weaken assurance in the development and in the project manager (Martin et al, 2004). There are lots of risk those are attached to the project development and cause a serious problem for the better management and administration of the project. These risks are also the main cause for the breakdown of the most of the projects. From project management viewpoints, project managers have to find out the most recent insights, methods, and developments in project management field. This will provide him a better understanding regarding the efficient project management and solutions for emerging risks (Johnson et al, 2005). Good qualities of project risk judgment. If a project manager is able to distinguish the key stakeholders and make sure that they evidently recognize the project scope and main objects of the project (Anderson). Project management basically comprises the phases that independently add to the achievement of a task. These stages are independent but mutually related. Here in the first stage we conduct a detailed analysis the problem situation and device an appropriate solution for that stage. Then we plan for the achievement of our goals. This plan includes the cost and human resource allocation for the project management. Here we also carry out a risk measurement study to find out the potential risks in the project. The quality assurance stage is aimed to assure the quality of the project and determine if the expected results have been achieved. The final stage of the project management involves the analysis of the results accessed for the project implementation to declare the project success or failure (Monk and Wagner). This project is about the implementation of the wireless sensor