final report

Project resourcing is essential, and in order to understand the dynamics under which it works, it is fundamental to consider other underlying drivers. Essentially these enhancements help to ensure that this part of the project is effective and yields the maximum results. It is therefore vital to consider the most effective behavioral skills. They include team-building, communication, problem-solving and decision-making skills (Marzagão & Carvalho, 2016). Team building skills play an essential role in ensuring that a team becomes effective and productive throughout the execution of tasks in project. When team members exhibit proficient skills in team building, they are able to work collaboratively which then yields better results and pushes the project scope closer to completion. In connection to that, every team member embraces shared responsibilities and contributes maximumly to ensure that the set objective is met.

Communication skills sometimes appear to be the most vital when it comes to project resourcing and assigning of responsibilities. Communication enhances the relaying of information among the team members. As a project manager, it is vital to ensure that both the stakeholders and the team members are aware of what is expected from them including their responsibilities and roles. All these are possible through efficient communication. Receiving information is also enabled by the use of excellent communication skills. For example, obtaining information from regarding customer needs, risks, plans, and the objectives will require excellent communication (Marzagão & Carvalho, 2016). Effective communication skills are also relevant in ensuring that change in a specific situation is executed. In essence, project planning requires a good flow of communication from the beginning to the end. However, some challenges may arise in the midst of specific operations and in order to execute change, communication skills are highly needed.

In addition, having the ability to analyze and solve challenges is key to successful project completion. This idea helps to explain why problem-solving skills are essential. During the various processes of a project, problems may arise in one way or another. Encountering such does not mean that the project has to stop or the operations regarding it halted. It is therefore crucial for a project manager and the team members to possess the appropriate problem-solving skills to serve the same purpose as the need arises (Marzagão & Carvalho, 2016). It is good to understand that problem-solving skills are essential in boosting the confidence of team members. The ability to solve problems reversely depends on the level of confidence since a person will focus more on finding solutions more than worrying about the challenges. In connection to that, using a systematic approach goes a long way in determining how a problem will be solved. It is, therefore, crucial to deviate ways of amicably solving problems that may arise during the process of working on the project. Decision-making is yet another facet that is essential in a project especially from the initial stages to the end. Making the right decisions goes a long way in deducing the results to be expected in a project (Marzagão & Carvalho, 2016). A project manager ought to be equipped with the most resourceful skills in decision making bearing in mind that he is the overall team leader. The decisions implemented in the initial stages will determine how the minor tasks will be carried out. In connection to that decision-making skills help to articulate the performance of a team carrying out a specific project. If the skills are able to formulate workable ways of executing the project are efficient, then it is possible to complete a project and achieve the desired results.

Determining the budget associated with project costs is a fundamental concept in a project. In essence, the costs to be applicable to the project. Therefore, all project costs require to be detailed gathering up cost estimates that will fit in the budget. The first thing to do in creating a budget is to come up with a rough estimate that will help to assess the expected budget in the project. After that, it is vital to consider the resource cost rates. In this bracket, a project manager works to identify the cost of the materials that will be used in the project. In connection to that, the resource costs go in line to determine the rate for labor (Goh, 2005). Secondly, the vendor bid evaluation helps to identify the costs to be incurred in case an external contractor is hired for the project. Sometimes, additional contractors may be required in case others fail to work on their initially defined work. Reverse costs are setting aside funds for any overruns to be used in case anything comes up. An additional cost goes to cater for activities that work to improve the quality of everything within the parameters of the project. All these costs combined help to assess a definite budget.

Various ways can be used by the project manager to identify possible risks in a project. One of them is conducting a root analysis. Using this method, one is able to find out what actually caused the problem in the quest of ensuring that the same is avoided. Project managers can also use a work breakdown structure which is an effective way of viewing the risk pop-ups. In essence, this way can be utilized the possibility of incurring losses in case the risks end up being enormous. This strategy works best especially where numerous huge tasks are to be executed (Anca, Cezar & Adrian, 2015). Pre-Mortem is a tactic that is employed by project managers by anticipating for the unlikely but planning before facing the challenges that may be encounter in a project.

In a nutshell, the aspect of project planning goes in line with other underlying factors such as scope and scheduling, resourcing risk identification and resourcing. It is therefore essential as a project manager to understand the connection of these facets and their fundamentality in planning a project. In essence, an effective program comes to the completion of these concepts are clearly analyzed and documented and applied conveniently.

References

Al Wahshi, A. S., Omari, M., & Barrett, R. (2013). Human Resource Planning: Sector Specific Considerations.

Demilliere, A. S. (2014). The Role of Human Resources in Project Management. Romanian Distribution Committee Magazine, 5(1), 36-40.

Marzagão, D. S. L., & Carvalho, M. M. (2016). The influence of project leaders’ behavioral competencies on the performance of Six Sigma projects. Revista Brasileira de Gestão de Negócios, 18(62), 609-632.

Goh, E. (2005). A systematic approach to effective project cost management. Paper presented at PMI® Global Congress 2005—Asia Pacific, Singapore. Newtown Square, PA: Project Management Institute.

Anca, U., Cezar, B., & Adrian, U. (2015, November). Risk Identification in Project Management. In International Conference on Economic Sciences and Business Administration (Vol. 2, No. 1, pp. 259-266). Spiru Haret University.