Project management models to create IT company in the field of Data Science

2021 ◽  
pp. 86-94
Author(s):  
Alexander Timinsky ◽  
Anna Kolomiiets ◽  
Olga Mezentseva
Keyword(s):  
Project Management ◽  
Data Science ◽  
Swot Analysis ◽  
Content Management ◽  
Scientific Basis ◽  
Development Project ◽  
Value Management ◽  
Management Tools ◽  
Literary Sources ◽  
Management Project

The basis for the emergence of projects to create IT companies in the field of Data Science is considered. The relevance of such projects is substantiated. The feasibility of their study using models and methods of project management is proven. Literary sources in three directions are analyzed. Such areas include classical project management, flexible approaches to project management, value-oriented management. Insufficient research of the described subject is proved. Groups of models and methods are described that describe the relevant areas of project management knowledge that will be necessary and minimally sufficient to develop the scientific basis of the IT company creation project in the field of Data Science. Namely: project team management, project value management, project concept development, project content management, project communications management, flexible project management tools. In the analysis of each area, the relevant models and methods are highlighted. Their applicability to the researched project is analyzed. A model for selecting a set of models and methods within the identified key knowledge areas for the research project in the form of a convolution of criteria is proposed. SWOT-analysis of the proposed approach was performed. The strengths, weaknesses, opportunities and threats associated with the proposed approach are highlighted. Conclusions to the study are formulated. Prospects for further research in the chosen direction are outlined.

Cost Optimization of the Medical Tourism Market Research Project in Poland and Turkey

2021 ◽  
Vol 12 (2) ◽  
pp. 552
Author(s):  
Mariusz CHMIELEWSKI ◽  
Sylwia KUCZAMER-KŁOPOTOWSKA ◽  
Monika BOGUSZEWICZ-KREFT ◽  
Ali AYCI
Keyword(s):  
Project Management ◽  
Research And Development ◽  
Medical Tourism ◽  
Cost Optimization ◽  
Development Project ◽  
Management Tool ◽  
Research Project ◽  
Management Tools ◽  
Basic Parameters ◽  
The Cost

Research and development projects constitute a specific group of activities carried out in the course of scientific research. The purpose of this article was the analysis of the planned research and development project related to the research on medical services market in Poland and Turkey in the aspect of cost optimization. The analyzed project was designed to examine consumer behavior in the market of a new and growing tourism sector, i.e. medical tourism. Medical tourism is currently defined as the traveling of people to a foreign country in order to undergo planned treatment there, caused by financial or qualitative reasons or due to the unavailability of services in the country of residence. The aim of the planned research project was to compare the behavior of two different groups of stakeholders on two different markets - Polish and Turkish. Efficient implementation of a research project requires precise planning of all activities that should be conducted. The performed analysis showed that regardless of the location of the planned project, its schedule consists of similar components, but the time and costs associated with the project will be different and will largely depend on the location of the research. In the article, in order to optimize the basic parameters of a research project carried out in various destinations, a traditional project management tool, i.e. the Gantt chart, was used, and complemented with the cost gradient concept. The use of both those tools made it possible to identify activities, the change of which has the greatest impact on the cost and time optimization of the project in Poland and Turkey. The analysis of the research project carried out in various destinations showed that, regardless of the location of the research project, shortening its time is associated with a similar increase in the cost of the project, despite the fact that it concerns different activities in both analyzed cases. As a rule, the implementation of a project, including a research project, should be preceded by planning, which enables its subsequent optimization using traditional project management tools.

scholarly journals The Application and Challenges of Earned Value Management (EVM) As Cost Monitoring Tool in the Construction Industry

2018 ◽  
Vol 7 (3.36) ◽  
pp. 96
Author(s):  
Noorhidayah Sunarti ◽  
Zetty Pakir Mastan ◽  
Lum Seon Cin
Keyword(s):  
Project Management ◽  
Construction Industry ◽  
Time Management ◽  
Construction Projects ◽  
Value Management ◽  
Monitoring Tool ◽  
Earned Value ◽  
Management Tools ◽  
Earned Value Management ◽  
Implementation Level

Earned Value Management (EVM) is one of the fundamental approaches acting as a comprehensive project management and controlling technique for tracking the costs and examining project expenditures relative to the physical progress of work. Majority of the previous literature reviews and findings indicates the positive contributions of EVM in monitoring the project time-cost performance progressively and forecasting its future trends. However, EVM was not widely used as practically, the traditional cost and schedule monitoring tool is still very common in the construction industry. Thus, this research was conducted using quantitative method to the identified quantity surveying, project management and construction firms in Klang Valley area to achieve the objectives of; (1) to identify the implementation level of EVM in construction projects, (2) to recognize the EVM contribution as cost monitoring tool compared to the other mehods, and (3) to ascertain the challenges in using EVM. Based on the result, majority has reaffirmed that EVM is positively contribute to project cost monitoring and provide an overall effective cost management tools in their projects. Despite the major challenges identified in using EVM are due to the lack of EVM knowledge, expertise and experience by the user in the industry, the results also indicating that more construction players have come to realize that integration of cost and time management in EVM is beneficial to the construction industry.  

Integration of Facility Management and Project Management as an Effective Management Tool for Development Projects

2014 ◽  
Vol 501-504 ◽  
pp. 2676-2681 ◽  
Author(s):  
František Kuda ◽  
Eva Berankova
Keyword(s):  
Project Management ◽  
Construction Project ◽  
Development Project ◽  
Facility Management ◽  
Management Tool ◽  
Effective Management ◽  
Efficient Design ◽  
Management Tools ◽  
Investment Plan ◽  
Insight Into

This paper focuses on the possibility of linking Project Management and Facility Management that would result in an operationally efficient design of a development project. Project management tools are used during a construction project when an investment plan is implemented from the idea all the way until it is put into operation. Adding facility management to a construction project leads to a new insight into the project development which works with suggestions of the future operator of the facility from the very first considerations of the investment. The paper aims to highlight the benefits that a project would gain by integrating there two management areas.

Project Expectation Management – A Quality Approach to Customer Satisfaction

2016 ◽  
Vol 5 (1) ◽  
Author(s):  
Karuna Devi Mishra ◽  
Dr. Sudarsanam
Keyword(s):  
Project Management ◽  
Customer Satisfaction ◽  
Project Managers ◽  
Market Place ◽  
Dynamic Approach ◽  
Project Environment ◽  
Project Governance ◽  
Expectation Management ◽  
Management Project ◽  
Quality Approach

This paper investigates the current challenges faced by the project managers in creating realistic expectations of customers in dynamic changing project environment which are created by rapid introduction of new unknowns, as they progress. One might say they are more akin to packing boxes of frogs without a cover, setting each thing right before a new challenge is faced. The difficulties posed by these projects are identified and the literature is reviewed for suitable approaches. Why do projects fail and what more is critical to the success of project? All projects are conceived with a vision to satisfy certain needs of the business. Hence, the beneficiary of these needs become key stakeholder. Appropriate participation of this key stakeholder in steering the project ensures the success of the project. Also businesses are impacted by competition and changing market place resulting in skewed expectation management. Managing expectations enhances the success of the project immensely. Now, goal of the project plays a pivotal role and hence respecting it, is an important task, in project management. Project governance is an important aspect which needs to change according to the requirements and requires a dynamic approach rather than a ‘rule book approach’.

scholarly journals The Role of Donor Agencies in Promoting Standardized Project Management in the Spanish Development Non-Government Organizations

2021 ◽  
Vol 13 (3) ◽  
pp. 1490
Author(s):  
Agustín Moya-Colorado ◽  
Nina León-Bolaños ◽  
José L. Yagüe-Blanco
Keyword(s):  
Project Management ◽  
International Development ◽  
Management Practice ◽  
Development Cooperation ◽  
Management Tools ◽  
Governmental Organization ◽  
Governmental Organizations ◽  
Non Governmental Organizations ◽  
Funding Mechanisms ◽  
Donor Agencies

Project management is an autonomous discipline that is applied to a huge diversity of activity sectors and that has evolved enormously over the last decades. International Development Cooperation has incorporated some of this discipline’s tools into its professional practice, but many gaps remain. This article analyzes donor agencies’ project management approaches in their funding mechanisms for projects implemented by non-governmental organizations. As case study, we look at the Spanish decentralized donor agencies (Spanish autonomous communities). The analysis uses the PM2 project management methodology of the European Commission, as comparison framework, to assess and systematize the documentation, requirements, and project management tools that non-governmental organizations need to use and fulfill as a condition to access these donors’ project funding mechanisms. The analysis shows coincidence across donors in the priority given to project management areas linked to the iron triangle (scope, cost, and time) while other areas are mainly left unattended. The analysis also identifies industry-specific elements of interest (such as the UN Sustainable Development Goals) that need to be incorporated into project management practice in this field. The use of PM2 as benchmark provides a clear vision of the project management areas that donors could address to better support their non-governmental organization-implemented projects.

Design and Realization of Defense Equipment Scientific Research Project Management System Based on Earned Value Management

2014 ◽  
Vol 971-973 ◽  
pp. 2317-2320
Author(s):  
Xiang Jun Yu ◽  
Chao Xie ◽  
Tian Ming Huang
Keyword(s):  
Project Management ◽  
Management System ◽  
Scientific Research ◽  
Design System ◽  
Value Management ◽  
Earned Value ◽  
Research Project ◽  
Earned Value Management ◽  
Project Management System ◽  
Scientific Research Project

This paper briefly introduces the basic connotation of earned value management, determine, from the target variable management process design, system function design and system implementation four aspects that the management of defense scientific research project management system design and implementation process based on the earned value, and some reasonable countermeasures to promote the use of the system.

Copac developments and the Copac Collection Management service

2016 ◽  
Vol 44 (1) ◽  
pp. 17-19
Author(s):  
Shirley Cousins ◽  
Diana Massam
Keyword(s):  
Design Methodology ◽  
Collection Management ◽  
Management Service ◽  
Collections Management ◽  
Interlibrary Loan ◽  
Management Tools ◽  
Content Type ◽  
Future Developments ◽  
Descriptive Account ◽  
Management Project

Purpose – This paper aims to describe major developments at Copac, including changes that facilitate use for interlibrary loan activity, introduce the Copac Collections Management project and look toward future developments in the context of the UK’s National Monograph Strategy. The Copac service gives access to the merged catalogues of 95 UK and Irish national, academic and specialist libraries, and is still growing. Design/methodology/approach – This paper is a descriptive account. Findings – This paper identifies and describes some of the implications of the reengineering of Copac; addresses the role and benefits of the Copac Collections Management project; and looks ahead to forthcoming development areas. Originality/value – This paper is a valuable update on the service provided by Copac, as well an overview of the forthcoming Copac Collections Management tools service, and an introduction to future developments within the National Monograph Strategy context.

scholarly journals Identifying Project Corporate Behavioral Risks to Support Long-Term Sustainable Cooperative Partnerships

2021 ◽  
Vol 13 (11) ◽  
pp. 6347
Author(s):  
Marco Nunes ◽  
António Abreu ◽  
Célia Saraiva
Keyword(s):  
Social Network ◽  
Project Management ◽  
Social Network Analysis ◽  
Network Analysis ◽  
Building Blocks ◽  
Research Literature ◽  
Management Tools ◽  
Dynamic Interactions ◽  
Major Factors

Projects are considered crucial building blocks whereby organizations execute and implement their short-, mid-, and long-term strategic visions. Projects are thought, developed, and implemented to solve problems, drive change, satisfy unique needs, add value, and exploit opportunities, just to name a few objectives. Although existing project management tools and techniques aim to deliver projects with success, according to the latest reviewed literature, projects still keep failing at an impressive pace. Among the extensive list of factors that may threaten project success, several articles from the research literature place particular importance on a still underexplored factor that may strongly lead to unsuccessful project delivery. This factor—usually known as corporate behavioral risks—usually emerges and evolves as organizations work together to deliver projects across a bounded period of time, and is characterized by the mix of formal and informal dynamic interactions between the different stakeholders that constitute the different organizations. Furthermore, several articles from the research literature also point out the lack of proper models to efficiently manage corporate behavioral risks as one of the major factors that may lead to projects failing. To efficiently identify and measure how such corporate behaviors may contribute to a project’s outcomes (success or failure), a heuristic model is proposed in this work, developed based on four fundamental fields ((1) project management, (2) risk management, (3) corporate behavior, and (4) social network analysis), to quantitatively analyze four critical project social networks ((1) communication, (2) problem-solving, (3) advice, and (4) trust), by applying the theory of social network analysis (SNA). The proposed model in this work is supported with a case study to illustrate its implementation and application across a project lifecycle, and how organizations can benefit from its application.

USING PROJECT MANAGEMENT TOOLS TO IMPROVE THE EFFICIENCY OF INVESTMENT PROJECTS IN CONSTRUCTION

2021 ◽  
Vol 14 (1) ◽  
pp. 83-88
Author(s):  
Svetlana Mikhailovna SYCHEVA ◽  
◽  
Elena Yury’evna KUZMINA ◽  
Keyword(s):  
Project Management ◽  
Construction Industry ◽  
Integrated Approach ◽  
Construction Sector ◽  
Management Tools ◽  
Investment Projects ◽  
Key Characteristics ◽  
Project Costs ◽  
Team Project ◽  
Key Indicators

The article discusses the features of the implementation of investment projects in the construction industry, the main trends in project management in this area. The importance of the construction industry for the country’s economy is substantiated, the key indicators of the construction sector and its contribution to GDP are highlighted. The analysis of the development of the construction industry for the period from 2009 to 2020 is carried out. The reasons for the decrease in investment in construction are identified, among them the most important ones are highlighted. In the article discusses the key characteristics of the construction industry in our country. The conclusion is made about the need for a systematic and integrated approach to the management of investment projects. The authors propose to use the tools of project management to improve the efficiency of the implementation of investment projects. The main tools of project management (tools for defragmentation of work, tools for managing the time in the project, tools for managing resources for project implementation, tools for managing project costs) are named and examples of their use are given. The concepts of «team», «project management team», «matrix of responsibility» are considered.

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