Reflection and discussion

Week 10 - Reflection and Discussion

Michael Kirk

University of the Cumberlands

BADM-633-M40: Planning the Project

Professor Reginald Hicks

July 5, 2021

Chapter 11 explains how resource planning is implemented in organizations and projects. The efficient and successful deployment of an organization's resources when they are needed is known as resource management. Financial resources, inventories, human skills, production resources, and information technology are examples of such resources. Activity resource estimation and project human resource management both need resource management.

Depending on the milestones being delivered or the project phase, projects require specialized skills at certain points in the schedule. Over the course of a budget year, an organization might host many strategic initiatives at the same time, which implies that its personnel can be working on multiple projects at the same time. Projects frequently necessitate the acquisition of expertise and resources that can only be obtained through contract labor and third-party contractors. Obtaining and directing these human resources, as well as controlling the project's timeline, is crucial to its ultimate success.

Working with others entails interacting with them intellectually as well as emotionally. Understanding the importance of emotions and how they relate to personality types, leadership styles, negotiations, and goal-setting is the foundation of a successful working relationship between persons.

Because of the high level of stress, lack of knowledge during the early stages of the project, personal differences, role conflicts, and limited resources, conflict on a project is to be expected. Despite the fact that excellent planning, communication, and team development can decrease conflict, it will nonetheless occur. Depending on how the project manager handles the dispute, it can be harmful or a chance to boost energy, creativity, and innovation. The efficacy of a dispute resolution strategy will be determined by the circumstances. In situations where a rapid resolution is required and the parties' stake in the choice is modest, the forcing technique typically succeeds.

Human Resource Management Planning

Human resource planning is a systematic and strategic method for assessing an organization's existing human resource situation and forecasting future labor requirements. It aids businesses in attracting, retaining, and optimizing the deployment of people needed to achieve strategic business goals and adapt to market and general environment changes.

Projecting future labor requirements and devising methods for deploying this talent to minimize skills shortages or surpluses is an important element of human resource planning. The goal is to establish a skill balance that is based on the company's demands and goals. As a result, HR planning must be a continuous process with a framework and monitoring system that allows the business to offer enough lead time for personnel recruitment and training to meet future expectations.

In terms of execution, the most successful businesses employ proactive human resource plans that anticipate company needs and establish methods to meet short- and long-term goals. Progressive techniques will be used in such plans, such as dedicating a percentage of the personnel budget and resources to recruiting and hiring of essential people for future projects.

(Goddard, 2020)

Works Cited Goddard, W. (2020). Why Is Human Resource Planning Important? . IT Chronicles. Watt, A. (2014). Project Management (2nd Edition ed.). BCampus.