Question

identify wide range of governance issues surrounding project management andrecognize application of project management beyond traditional construction and product developments (in brief please)

Answer 1

1.Project Management Application

An approach of project management helps an organization to manage its risks and to avoid uncertainty through a certain extent with the application of its tools and techniques. A constructive project management allows companies to develop a set of activities and aligns it with the importance and in accordance with the urgency. The Work Breakdown Structure (WBS) is a tool of project management which breaks down the entire work in a set of tasks and sub-tasks to efficiently manage the project . It can also help in breaking down the activities in to smaller work units and tasks. This structure could be used in delegating tasks and responsibilities of employees.

The other attribute of the project management is Gantt chart which illustrates the project scheduling in the form of a graph. It also helps in deciphering the dependent of a particular activity on other activities and helps in allocating resources to each activity . The Gantt chart for Adventure Unlimited will help explain the time required to conduct the market study and in understanding the precedent activities involves in the project. Other methods are used when the projects are significantly bigger.

Critical path determines the amount of time which is needed for a project to complete. Ii is the longest sequence of activities which helps in breaking down the activities in a more appropriate manner. The major advantage for critical path is the identification of interrelation of different tasks. Therefore, by implementing these characteristics of the project management, the company would be able to achieve its goals.

2.Adventure Unlimited can improve on its operations by focusing on training of its staff members, cost management, managing risks, communicating well within the organization and with the customers, and maintain total quality management. Training of the staff members will allow to provide the service even better and will be trained in communicating with its customers. Training employees and staff members helps provide awareness about the importance of customers and managing problems in an international organization.