“Australian storage facility” for the successful implementation should take into consideration the following aspects, which are stated below:
The personal skills, which are related to the members of the team, can be considered as a factor, which would be driving the project to success. The aspect of proper communication, leadership role, management of the factors of risk and difficult time handling can be considered few of the sectors, which need proper focus. The project manager have the overall control, which is over the project member initiated to seeing the proper working of the team, and helping them excel in different functionality related to the project. If the role, which is played by the project manager, is done properly then a project can easily lead its way towards the success. A project success can be defined by mainly two factor, one being that the project is delivered in time with taking into consideration all the aspects of the project and the project is within the budget during the delivery of the project. It can be stated here that another sector, which the project manager has to take control, is the elimination of the factors of the risk, which is associated with the normal working of the project. It can be stated that the risk factors should be eliminated at a proper time so that the issues do not affect the project’s overall working. In order to reach to the factor of success the project manager and the team which is working under him should have the appropriate understanding of the project management processes.
In order to make a project successful the requirement gathering of the project can be considered a factor, which if not taken into consideration properly can lead to failure of the project. The scope of the project should be well defined so that the members or the workers who are working into the project do not have any problem in understanding of the project. The scope of the project mainly states that how the project should be executed and what is the main goal of the project. The definition of the resources of the project should be done properly so that the utilization of the resources are done according to the requirement of the project and within the budget, which is always predefined. In recent times, technology is playing a vital role in order to reduce the human labor; the team members should achieve appropriate training in this context so that they can take advantage of the technological aspects.
The management style of the project can be considered as one of the most important factors, which can directly lead a project to success. It should be always seen that the communication between the different levels of the workers should be appropriate so that the project does not face any internal issue. It should be always taken into consideration that the lower level workers can take advice from higher authority in any situation of problem so that the problem can be eliminated. All the members of the project directly report to the project manager and the project manager has the overall control of all the sectors, which are related to the proper working of the project.
There are certain types of rule, which are applied in the concept of the project management. The project manager and the team has to abide by the rules and work accordingly (Eskerod, Huemann & Savage, 2015). Depending upon the size of the project the project can be divided into divisions. This division is done so that the each of the divisions can concentrate on a specific area of working. In most of the cases, it is seen that putting concentration in more than one area can affect the outcome of the project, for this purpose specific team are allocated for specific types of job. In order to execute proper functionality each of team work independently to reach to the level of success for the particular goals.
In order to make the successful implementation of the “Australian Storage facility” successful there are few attributes which play an important role. Some of the attributes in this sector may include the definition of the different plans, which are related to the project. The planning of the project can be considered very much important due to the factor that if planning is not made appropriately it can directly lead to failure of the project. It can be stated that according to the planning the overall working of the project is done. The main goal of the planning is to deliver all the aspects of the project within the constraint of the time and budget.
The “Australian Storage Facility” can be managed properly if the following areas are taken into consideration properly, the areas are stated below:
Cost: The factor of cost can be considered as one of the most important factors, which are related to the planning as controlling the project which is related to the “Australian Storage facility” with the budget (Chih & Zwikael, 2015). The activities, which can be included into the aspect, are the budgeting, planning, financing, budgeting and managing so that the overall project can be completed within the proposed budget. The concept of cost management can be playing a role from the start of the project to the actual end of the project. The main control measure, which can be stated according to the elimination of the problem related to it, are achieving baseline budget, proper estimation of the cost as well as establishing proper control measures into it. The actual cost, which is related to the project, should always be recoded and calculated at the end of each reporting to get a clear idea of the overall budgeting of the project (Joslin & Müller, 2015).
Time: the factor of time can be considered as a factor which indicates the overall time which would be spend in the actual implementation of the project. The proper execution of the process, which is related to the time management, can help to increase the effectiveness of the project (Eskerod, Huemann & Savage, 2015). In most of the cases projects fail to the failure in the time constraint. Taking into consideration the “Australian tank facility”, it can be stated that it is very much important to take into control the aspect of time and make use of the technique and the tools. The sequencing of the activity, which are related to the project, can be very much beneficial for the project to directly implement the things which are needed into the working of the project. In this context it can be stated that a weekly review of the process can be very much beneficial to look into the overall working of the project. The time management concept can also be very much beneficial for the team members so that they could have an idea on the time they have in hand and the job they have to perform in that period (Chih & Zwikael, 2015).
Quality: the factor of quality can be considered as aspects, which takes into control in the judgment of the project whether it is success, or not. The concept of quality management mainly describes the different policies, creating quality planning and implementing as well as taking control of the quality of the project. There are number of techniques and tools which can be used for the concept of managing the quality of the project (Fernandes, Ward & Araújo, 2015). Histogram are the type of bars charts that generally used for the depicting of the distribution of the various variables over the period of time. On the other hand, it can be stated that the Pareto can also be used for the concept of managing the quality of the project. The concept of the Pareto chart is used for the concept of reflecting the probability of the density as well as the function of the distribution (Eskerod, Huemann & Savage, 2015).
The other steps which can be taken into consideration which helps in the aspect of managing the Australian Storage facility are.
Arranging meeting: The project can be well managed by meeting arrangement on regular basis (Joslin & Müller, 2015). If any sort of challenge or issue are faced within the project then the issue factor can be mitigated by means of discussing proper steps for the concept of mitigation of those challenges.
Monitoring progress: The aspect of the monitoring of the progress can be one of the most significant steps, which helps in the concept of managing of the project. It is very much important to invest time on the aspect of monitoring of the project for making sure that the project is on track and is being executed in a proper manner (Chih & Zwikael, 2015).
Tracking project: The tracking of the project can be considered very much important to take into consideration whether the project is working according to the norms and conditions. The concept is very much effective in the aspect of helping the project to reach to the desired goal. Project tracking also helps in reflecting of the challenges, which are associated with the project so that the risk factors are mitigated properly (Calvo-Mora et al., 2015)
It can be stated that to directly determine the success of “Australian Storage Facility” and the reach of the objectives, the performance indicators play a very vital role. The key indicators can be considered as a model of the quantifiable measures, which help the process of the evaluation of the project. It can be stated that is a type of performance measure, which help in the identification of how the Australian Storage facility is performing. It can directly stated whether the project objectives are reached or not. The factors, which can be included into the concept of the performance indicators, are stated below:
Quality metrics: to make the project, which is related to the Australian storage tank the project manager, should take into consideration the aspect of quality of the project and completion of the project within time and budget. If the factors of time, quality and budget is maintained within the project then the project can be termed as a successful project. Proper project management can be considered as one of the most important sectors and concern area for the project manager (Badewi, 2016).
Schedule metrics: At the start of any project, an estimation of time is taken according to which the overall working of the project is taken into consideration. If the project completes within the time the project can be considered as a success and if the project overrun then it can be considered as a failure. Schedule variance concept can be applied to the project in order to check whether the project is completed on time or not. Another advantage, which can be achieved from the concept of the schedule variance, is the factor of depicting whether the project is running on time or not.
Financial metrics: The financial metrics mainly states whether the project is completed within the budget, which is predefined at the start of the project. The factor of budget and schedule variance are calculated periodically to check whether the project is running in time or not. The project has accomplished all the goals can be stated by the aspect of getting the overall budgeting scenario (Eskerod, Huemann & Savage, 2015).
Challenges resolving: If the project, which is taken into consideration in the report, can mitigate the various risk, which are associated with the project then the project can be considered as a successful project. This is due to the factor that the risk factors can be affect the overall working of the project and it can also lead to project to direct failure. The failure if not allowed to be included into the project and a proper planning is initiated into the project it can directly help the organization to make profit in more than one sector which can involve the cost of the labor and the different other cost which can be related to the project.
There are different factors, which can be taken into consideration when the aspect of the project closure is taken into consideration. Few of the factors in this context are stated below:
References
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Calvo-Mora, A., Navarro-García, A., & Periañez-Cristobal, R. (2015). Project to improve knowledge management and key business results through the EFQM excellence model. International Journal of Project Management, 33(8), 1638-1651.
Chih, Y. Y., & Zwikael, O. (2015). Project benefit management: A conceptual framework of target benefit formulation. International Journal of Project Management, 33(2), 352-362.
Conforto, E. C., Salum, F., Amaral, D. C., da Silva, S. L., & de Almeida, L. F. M. (2014). Can agile project management be adopted by industries other than software development?. Project Management Journal, 45(3), 21-34.
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