The main topic which is discussed in the report is to take into consideration the payment disputes which occur in commercial projects in Australia. It can be stated here that the concept of project management can be considered as very much vital in this context due to the factor that most of the projects overall working depend on this factor. It is very much crucial to take into consideration the basics of project management so that the project reaches the desired level of success without any type of discrepancy involved into the working. Project management process can be hampered in a way if there are any sort of payment related disputes acting into the working of the project (Nicholas and Steyn 2017). One of the main factor which can be related in this context is the communication aspect between the owner and the contractors.
There has to be a proper aspect of communication which should be prevailing into the working of the project so that there are no other issues faced within the working of the project. In actual condition the role of the project manager is very much crucial in this context due to the factor that the initial planning and the documentation of the project is done from the end of the project manager. There are different conditions which are taken into consideration by the project manager so that the project does not face any type of abrupt conditions. As stated in this context by (Smith and Dodds 2017) the payment related aspect can directly lead to project to the factor of failure due to the alteration in the working of the project. Hence forth it can be stated that success factor of the project depends on the overall working of the project.
The report takes into consideration articles which are related to payment related aspect which are forced within the working of commercial project in Australia. One of the article in this context are critically discussed putting into focus the event which is taken place and why such type of problem are faced within the working of the project.
Articles
|
Keyword |
Project management process |
Project plan and execution |
Tools of project management |
Project retrieval process |
|
Citation |
Kerzner, H. and Kerzner, H.R., 2017. Project management: a systems approach to planning, scheduling, and controlling. John Wiley & Sons. |
Nicholas, J.M. and Steyn, H., 2017. Project management for engineering, business and technology. Routledge. |
Martinelli, R.J. and Milosevic, D.Z., 2016. Project management toolbox: tools and techniques for the practicing project manager. John Wiley & Sons. |
Larson, E.W., Gray, C.F., Danlin, U., Honig, B. and Bacarini, D., 2014. Project management: The managerial process (Vol. 6). Grandview Heights, OH: McGraw-Hill Education. |
|
Retrieved from |
CQU library |
CQU library |
CQU library |
CQU library |
Summary of the article (Most relevant)
Kerzner, H. and Kerzner, H.R., 2017. Project management: a systems approach to planning, scheduling, and controlling. John Wiley & Sons.
As stated by (Kerzner and Kerzner 2017) in the process of project management the aspect of scheduling, controlling and planning are very much vital. They hold the basics of working of the project and execution of the project. If these three factors are taken into consideration into the working of the project there would not be any type of problem in the working of the project. As stated in the article the planning phase can be considered to be directly linked with the budget of the project. On the other hand the budget of the project is linked with the payment aspect of the project. Scheduling aspect can also be linked with the payment aspect due to the factor that if there are problem in the scheduling it can hamper the payment of the contractor and the subcontractor. There should be a proper planning which should be incorporated within the working of the project due to the factor that the overall execution of the project would be dependent on the planning which is done in the initial phase of the project.
Critical appraisal of the topic
In majority of the cases it is seen that planning of the project is not done properly which directly impact the sector of execution of the project. In this regards it can be stated that the planning of the project is majorly done by the project manager who has the overall control of the project (Smith and Dodds 2017). As seen in the article there are different parameters within the working of the project which affect the payment of the sub-contractor and the contractors.
There should be a documentation of the payment related challenges details which are sometimes very much referred to as a legal document which the team and the owner should be referring and following. It forms a basic guideline which forms the execution of the project and the different payment details of the project (Bucero and Englund 2015). There are different project management scenario which can be included within the internal as well as external working of the project which can help the project to execute properly within and type of risk factor included into the working. The aim of the aspect is to deliver the project with the predefined framework of working.
Primary research questions
Question 1
What are the basic challenges which are faced related to payment in a project management process?
Question 2
What are the different roles which should be conducted by the owner in order to mitigate the problem which is related to payment related problem?
Question 3
Different constraints which should be taken into consideration so that project does face any problem related to payment?
Question 4
Who are directly responsible for payment related problem in a project?
Question 5
What are the process which should be followed so that there are no problem related to payment in a project?
Self-reflection
I have majorly come across different functionality which is related to the process of project management and how it directly helps in the proper orientation of a project. There are different types of risk factors which can be involved into the working of the project which can hamper the normal flow of the project and execution of the project. According to me the payment related aspect can be considered as one of the most crucial parts in the project which can directly decide the fate of the project. According to me there should be a proper documentation of the process of execution of payment so that there no issue challenges faced in the sector of payment within the working of the project.
The mitigation aspect which is related to the payment can be considered as crucial so that there are no problem in the sector of the execution of the project. Sometimes it can be stated that risk factors are inevitable within the working of a project but the main factor which should be taken into consideration should be to mitigate the problem. For proper execution of a project there should not be any type of problem related to payment due to the factor that it can directly hamper the success factor of the project. According to me there can be few process which can be implemented in the working which can directly reduce the risk factor within the appropriate functionality of the project.
References
Aarseth, W., Ahola, T., Aaltonen, K., Økland, A. and Andersen, B., 2017. Project sustainability strategies: A systematic literature review. International Journal of Project Management, 35(6), pp.1071-1083.
Bucero, A. and Englund, R.L., 2015, October. Project sponsorship: Achieving management commitment for project success. Project Management Institute.
Feather, J., 2017. Disaster management for libraries and archives. Routledge.
Jacobsson, M. and Hällgren, M., 2016. Impromptu teams in a temporary organization: On their nature and role. International Journal of Project Management, 34(4), pp.584-596.
Kaiser, M.G., El Arbi, F. and Ahlemann, F., 2015. Successful project portfolio management beyond project selection techniques: Understanding the role of structural alignment. International Journal of Project Management, 33(1), pp.126-139.
Kerzner, H. and Kerzner, H.R., 2017. Project management: a systems approach to planning, scheduling, and controlling. John Wiley & Sons.
Larson, E.W., Gray, C.F., Danlin, U., Honig, B. and Bacarini, D., 2014. Project management: The managerial process (Vol. 6). Grandview Heights, OH: McGraw-Hill Education.
Nelson, R. and Staggers, N., 2016. Health Informatics-E-Book: An Interprofessional Approach. Elsevier Health Sciences.
Nicholas, J.M. and Steyn, H., 2017. Project management for engineering, business and technology. Routledge.
Smith, B. and Dodds, B., 2017. Developing managers through project-based learning. Routledge.
Tomczyk, C.A., 2015. Project manager’s spotlight on planning. John Wiley & Sons.
Essay Writing Service Features
Our Experience
No matter how complex your assignment is, we can find the right professional for your specific task. Contact Essay is an essay writing company that hires only the smartest minds to help you with your projects. Our expertise allows us to provide students with high-quality academic writing, editing & proofreading services.
Free Features
Free revision policy
$10Free bibliography & reference
$8Free title page
$8Free formatting
$8How Our Essay Writing Service Works
First, you will need to complete an order form. It's not difficult but, in case there is anything you find not to be clear, you may always call us so that we can guide you through it. On the order form, you will need to include some basic information concerning your order: subject, topic, number of pages, etc. We also encourage our clients to upload any relevant information or sources that will help.
Complete the order form
Once we have all the information and instructions that we need, we select the most suitable writer for your assignment. While everything seems to be clear, the writer, who has complete knowledge of the subject, may need clarification from you. It is at that point that you would receive a call or email from us.
Writer’s assignment
As soon as the writer has finished, it will be delivered both to the website and to your email address so that you will not miss it. If your deadline is close at hand, we will place a call to you to make sure that you receive the paper on time.
Completing the order and download