Critical Thinking, Analysis, implication and Technique Answers
Critical thinking, implication and Techniques
A statement of work is formal document that defines and captures the work, timeline and the deliverables a contractor or vender must execute all the performance of certain tasks for customers of clients. The statement of work abbreviated as SOW usually includes all the detailed requirements, standards, governance terms, and pricing conditions of a project. The Statement of work overlaps the concepts of contract and indeed the SOW are similar to contracts. One of the main sections of the SOW is the scope of work; this part of the SOW is a brief statement that indicates the results of project expected. While the deliverables are indicated in the work requirement section of the SOW, this one displays what the projects entails in broader terms (Blomquist, Hällgren, Nilsson & Söderholm, 2010). The main purpose of a statement of work is to elaborate more on the responsibility, work agreements and responsibility between the service providers and clients. A well-defined SOW will be able to define the scope of the engagement as well as the key performance indicators (KPIs). The format of a statement of work includes the scope of the project, the location of the project, the timeline, the delivery schedule, the standard, the acceptance, and mode of payments and contracts.
Benefit of Monitoring to Managers
The most significant benefit of monitoring of a project to the manager is that the manager is able to get all the information needed to undertake the project. For example, a well-defined monitoring report is worth identifying the problems or challenges of a project thus, this information will be helpful to a project manager in that it will inform him/her of the changes that the project should be exposed (Kerzner, 2013). Secondly, project monitoring helps project managers to determine the nature or risks to the project. The last, benefit is that monitoring reports helps managers have reference to future projects. In addition, monitoring is also important as it ensures the audit report are undertaken in the best way possible hence it reduces the risk of insufficient audit report.
Benefits of Controlling to project managers
Controlling of projects offers a basis of learning and questioning of the project. For example, a project manager is able to understand more about the projects progress when he/she takes full control of the projects (Kerzner, 2013). The other benefit of controlling is that it adds development and retention of institution structure and memory. Project controlling is also one of the steps towards avoiding unnecessary costs. The advantage.
One of the steps that a project manager can use to ensure that the project teams meets compliance levels is by ensuring that the organization and the team of experts have job satisfaction (Meredith & Mantel Jr, 2011). It has been researched that employee with outstanding job satisfaction rates are always compliant with organization or project vision and mission. The other way that the organization via the assistance of the project manager can ensure that the team of experts work in line with the vision and mission as well as comply with the goals of the organization is by ensuring that all the employee working as team are included in decision making. The other way that a manager can ensure that compliance is met is by first ensuring that the workers working in such projects are also competent enough to undertake their functions.
A project manager is mandated with the work of evaluating the performance of team members so that he/she could be able to note the best teams to complete the project as well as future projects of such nature or magnitude. Since each team is allocated different tasks, the project manager with the assistance of the quality assurance experts will evaluate the success of the task and after the project is considered a success marks will be awarded to the level of success. The evaluation will be based on the timeframe used to compete the project, the cost and the quality of the project based on the customers’ expectations. There are so many other ways, but the above is the best way to evaluate both simple and complex projects.
The problem area of a project is an area that the project experts consider crucial and indicates serious problems towards the success of the project. Therefore, it is the obligation of the project manager to ensure noting such area on regular basis. The essence of this is to ensure that the project does not continue yet there is a problem somewhere. According to project, experts small problems cost the entire project hence good if such problems are managed as there are identified (Meredith & Mantel Jr, 2011). This are points that call for close monitoring and evaluation so that all can go well with the project. For example, cost is one of the problem areas of a project, therefore, for a project to meet its goals then it has to ensure that all the costs are under the project specifications. In addition, safety of the project is also a critical point that manager ought to not to ensure that workers are safe from injuries in the workplace.
Projects owned are considered as projects with 100 percent success rates. Owning a project makes the project tangible to all the stakeholders. There are various factors such as decision making, project evaluation project controlling among other factors. With all the factors on board, ownership model of project management is the best model that project managers ought to employ since it encourages project harmony and communication while undertaking the project. This is ideal as its supports the ownership-model. Adherence to the model is a key step towards the success of the project. Thus, it is advisable that project managers adopt this model for proper adherence to their projects.
Blomquist, T., Hällgren, M., Nilsson, A., & Söderholm, A. (2010). Project‐as‐practice: In search of project management research that matters. Project Management Journal, 41(1), 5-16.
Kerzner, H. R. (2013). Project management: a systems approach to planning, scheduling, and controlling. John Wiley & Sons.
Meredith, J. R., & Mantel Jr, S. J. (2011). Project management: a managerial approach. John Wiley & Sons.