Week 5 - Project Oversight

Week 5

–

Project Oversight

Write

a 700

-

to 1,050

-

word executive summary to your

organization's leadership team answering the following:

·

Introducti

on

·

W

hat is

project oversight

?

o

The purpose of

project oversight

is to ensure the

project

is proceeding on time and

on

budget

–

and of more

importance

, that problems are identified early so that

corrective action may be taken while the cost to correct the issues are manageable.

·

H

ow will project oversight impact the organization?

How will it impact the project manager?

o

Project oversight impacts

an organization

bec

ause

after the pro

ject is completed then

th

e project team can review and assess any issues that may have

arisen

during the

execution of

the project

.

Then

the project manager

is aware of the issues and then

make changes accordingly

. This wil

l hopefully not

affect

th

e project budget.

o

Oversight methods implemented toward the project manager centralize

responsibility

and

accountability

,

thus impacting performance and control of the projects.

·

Wha

t is the importance of project oversight to the

future of project management?

o

B

y keeping detailed records of projects this will help with future projects of the same

kind. Also,

you

can

account for

risks

seen and

unforeseen

because

there is a reference

point.

·

Conc

lusion

F

ormat

your paper consistent with APA guidelines.

Week 5 – Project Oversight

Write a 700- to 1,050-word executive summary to your

organization's leadership team answering the following:

 Introduction

 What is project oversight?

o The purpose of project oversight is to ensure the project is proceeding on time and

on budget – and of more importance, that problems are identified early so that

corrective action may be taken while the cost to correct the issues are manageable.

 How will project oversight impact the organization?

How will it impact the project manager?

o Project oversight impacts an organization because after the project is completed then

the project team can review and assess any issues that may have arisen during the

execution of the project. Then the project manager is aware of the issues and then

make changes accordingly. This will hopefully not affect the project budget.

o Oversight methods implemented toward the project manager centralize responsibility

and accountability, thus impacting performance and control of the projects.

 What is the importance of project oversight to the

future of project management?

o By keeping detailed records of projects this will help with future projects of the same

kind. Also, you can account for risks seen and unforeseen because there is a reference

point.

 Conclusion

Format your paper consistent with APA guidelines.