The Future of Project Management

2014 ◽  
pp. 465-472
2019 ◽  
Vol 6 (2) ◽  
pp. 33-55
Author(s):  
Brian J. Galli

As of now, the best means to plan for the future is project management because it has been proven effective in problem-solving and generating solutions. Few projects entail economic decision-making because of the cost factor, but the wrong decisions can be made because of the complications that come with making economic decisions. However, financial decision-making does not only entail gathering information and making decisions accordingly. The economy must be analyzed and the future economy must be estimated for any economic decisions to be viable. This study highlights the future trend, as well as the significance of economic decision-making within project management. Furthermore, it tests several factors: economic decision-making influence, creativity, risk profile, and the management team size for a successful project. Primarily, this study will assess how significant economic decision-making is in project management.


Author(s):  
Riaz Ahmed ◽  
Noor Azmi bin Mohamad

Literature reveals a number of confusions within the area of project management regarding the use of terminology and differing interpretations, concerning leadership competencies and leadership styles. In project management literature, many empirical studies have examined the influence of leadership competencies or styles, but yet any substantial review study has rarely been conducted to differentiate between leadership competencies and styles. This study aims to differentiate between leadership competencies and leadership styles in project management literature. This study found that the project manager's leadership terms including competence, competency, competencies, and styles have frequently been used in project management literature. Furthermore, literature has been synthesized to provide more familiarity and understanding on leadership competencies and styles. Findings indicate that leadership competencies and styles are two different things but a few characteristics are common between both the terms. Furthermore, leadership competencies are more suitable for task-oriented activities and leadership styles are more appropriate for relationship-oriented factors. This study has implications for the future directions to identify differences between project manger's average and superior performance through comparison of leadership competencies and styles.


2018 ◽  
Vol 248 ◽  
pp. 03012 ◽  
Author(s):  
Arin Wulandari ◽  
M. Dachyar ◽  
Farizal

Production of the aircraft becomes very important to facilitate many passengers of aircraft in Indonesia in the future. The design of a very complex aircraft requires proper project management. This study aims to perform the best scheduling project of empennage structure design of Indonesia’s aircraft with limited resources. Critical Path Method (CPM) is used to schedule the project based on activity and resource. CPM scheduling results in completion time for activity data for 400 working days. CPM scheduling after assigning human resources results in a longer completion time for 1023.47 working days. CPM scheduling is carried out by reallocating of human resources to produce a shorter completion time, and it results in completion time for 955 working days.


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