Introduction
The implementations of organizational projects require careful attention to details. The key to a successful project implementation begins with the selection of the right players. In creating a project management team, careful attention must be made when selecting the Project Manager, the Project Leaders and certain strategic employees. Success depends on the caliber of the members of the team, the team’s ability to work together and to magnifying the talents of the team both individually and collectively, (Passage, 2006, p.44).
There are five phases of implementation:
Understand the business model
Identify, assess, prioritize, link and report risks
Determine the appropriate risk responses
Determine Capabilities to manage risk and implement risk responses
Implement risk monitoring and internal audits programs.
The three basic steps to select the best project management include: ensuring the basic project essentials are in place and mesh well with other projects and how the company executes the projects, examine, evaluate, and add appropriate advance project engineering and business related offerings, and interview those persons about to be hired, (Nita, 2007).
Risk assessment and management includes: planning how risk management will be dealt with, assigning a champion, maintaining a live project data base, and summarize the planned risks and mitigation techniques needed.
Project management is carefully planned and organized effort to accomplish a specific task. Project management includes developing a pr ...