A list of three concepts, techniques, and tools you found the most helpful durin

Question

A list of three concepts, techniques, and tools you found the most helpful during each week of your project management assignment. A description of how each concept, technique, and or two can help you in your current career or future career in human resource management/business/marketing field. A list of three concepts, techniques, and tools you found the most helpful during each week of your project management assignment. A description of how each concept, technique, and or two can help you in your current career or future career in human resource management/business/marketing field. A description of how each concept, technique, and or two can help you in your current career or future career in human resource management/business/marketing field.

Explanation / Answer

The three concepts and techniques of Project Management are:

CONCEPTS

This concept of performance and control is very essential for human resource management. The training provided needs to be assessed to ensure its effectiveness. Hence, performance assessment is made to find the variability between the actual performance and the expected performance of the employees. As a Team Lead, this would be greatly beneficial for my team’s performance.

Cost management is essential in both project management and personal life. In my role as a Team Lead of Rewards & Recognition committee, cost management is essential to ensure that the rewards ceremony is within the department’s budget.

In my current role as a Journal Manager, time management is essential to publish the journals on time or as previously scheduled by the society and the publisher.

TOOLS

Personally speaking, this tool is very effective in a business environment. The problems can be identified and the causes leading to the problem are analyzed. This tool helps in solving complex and critical business problems. Since project management is part of my portfolio as a Journal Manager, the cause and effect diagram would be most appropriate to find out the causes of problems in executing the project.

Decision tree is highly pertinent in business organizations including HRM and marketing fields. Each task requires specific decision making and decision tree helps a manager to take the correct choice so that it leads to success of the business. Decision Tree is very useful for both professional and personal life thus enabling me to move forward successfully in my career.

Since I aspire to be a Project Manager in my present workplace which is a publishing company, this tool is very effective in implementing the project successfully in the department.

TECHNIQUES

This is a highly essential technique which I would use in my future role as a Project Manager to assess the time and budget to complete the different activities.

This chart is very useful in business environment so as to control the resources that might exploit the profits if left unattended.

This breakdown is very useful for my role as a Team Lead as the entire publication of the team can be easily monitored with the help of this technique.

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