Question 1: Identify any three of the greatest achievements accomplished by mankind in the last five decades and review these accomplishments in terms of the definition of a project. What does your review suggest about the importance of project management?
Question 2: Explain key differences between IT projects and projects in other domains.
Question 3: What is the significance of the "Triple Constraint" in project management, and how does it influence project planning and execution?
Question 4: Go to "seek.com.au" and select any two job advertisements for IT Project Manager positions and analyse what the industry is looking for from the Project Manager role.
1. Your work will be assessed on the following criteria:
The accuracy of the answer (40%)
The consistency in the answer (30%)
The level of the communication (30%)
2. This assessment is worth 3% of your overall subject mark.
3. Your answers to all four questions combined should be between 500 and 600 words.
4. Do not copy and paste from the internet or use AI tools for this activity.
5. You must complete this activity during the class timings and submit on the Turnitin link provided on the moodle.
6. Marks will be deducted for late submission.
1. Identify any three of the greatest achievements accomplished by mankind in the last five decades and review these accomplishments in terms of the definition of a project. What does your review suggest about project management?
Considering mankind's revolution and technological advancements, the prime three achievements can be considered the Moon landing, the Development of the Internet and the Human genome project.
Considering the definition of a project, the aspects of stated projects require all the components of a project management system, such as time, planning, manufacturing, data collection, analysis, risk management and financial investment (Nicholas & Steyn, 2020). Therefore, these aspects can be considered as the greatest achievement of big projects that serve the entire world population and help to develop their livelihood. Thus, positive outcomes of the stated projects can also be seen in terms of geological results, automation of livelihood procedures and exploration of modern treatment proceedings diagnosed critical genetic diseases, respectively.
Based on the discussion, project management is based on planning, execution and outcomes with proper project goals that shape the project development process and associated factors such as project stakeholders, interest holders and others.
IT projects and other project domains for MBA Assignment Expert are differentiated in various perspectives, depicting a precise recognition of different projects. For example, IT projects are more oriented to the information analysis and development of different software associated with internet services (Braver et al. 2021). At the same time, other project domains can be aligned with service offerings, manufacturing and construction projects that include greater visual components.
Considering the risk management procedures, IT projects are more vulnerable to cyber security threats, such as information breaches, networking glitches and others (Stirling et al. 2020). Other project domains reflect key risks related to reduced project stakeholder engagement, worker safety, financial distortion and more.
Along with this difference, another segment is rapid change, which is more generous in IT projects in terms of bandwidth differentiation, software operations, automated services and more. Meanwhile, other project domains follow more traditional pathways to achieve the expected project outcomes, reflecting a slow process of change.
The theory of triple constraints signifies three stages in terms of time, scope and budget that shape the project's progress in every aspect. Considering this fact, the three components have been integrated with the project development procedures where time is associated with the implication planning, strategic management and execution (Stanitsas, Kirytopoulos & Leopoulos, 2021). Time also reflects the online website reflects two advertisements for the duration of a planned project or ongoing project that presents a clear deadline and time frame that induce the project proceedings.
Figure 1: Triple constraint theory of project management
Source: (LaPrad, 2024)
On the other hand, the concept of scope is associated with the potential outcomes of a project (LaPrad, 2024). For example, the Human Genome Project has various scopes in terms of the discovery of different genetic combinations that can be used to treat critical illnesses such as Cancer, HIV and others. Therefore, project scopes reflect the essentials and dimensions of project aspects to achieve higher success.
Cost is the prime driver of project factors in terms of planning execution, data collection, hurting and others that shape the successful implication of project management.
The online website seek.com has reflected two advertisements for project manager roles in Ignite pvt ltd and Insignia financial as a programme and project management manager and cyber security project manager respectively. Considering this fact, the expected job roles can be assumed easily from the advertisements and their associated skills.
Link: https://www.seek.com.au/Project-managers-in-IT-industry-jobs
The industry is looking for skilled IT experts to tackle cyber security development for Insignia Financial which will help the company to perform more efficiently in the IT industry in terms of serving customers and greater reliability of developed networks. On the other hand, Ignite is more oriented to software development for clients that require a talented and skilled manager to review the ongoing projects. Here, the roles of the managers are crucial in terms of knowledge, technological expertise and man-management qualities to meet deadlines.
Braver, T. S., Kizhner, A., Tang, R., Freund, M. C., & Etzel, J. A. (2021). The dual mechanisms of cognitive control project. Journal of Cognitive Neuroscience, 33(9), 1990-2015. DOI: https://doi.org/10.1162%2Fjocn_a_01768
LaPrad, L. (2024) (05 June 2024). The triple constraints of Project Management: Teamgantt, RSS. https://www.teamgantt.com/blog/triple-constraint-project-management
Nicholas, J. M., & Steyn, H. (2020). Project management for engineering, business and technology. Routledge.
Stanitsas, M., Kirytopoulos, K., & Leopoulos, V. (2021). Integrating sustainability indicators into project management: The case of construction industry. Journal of Cleaner Production, 279, 123774. DOI: https://doi.org/10.1016/j.jclepro.2020.123774
Stirling, J., Sanga, V. L., Nyakyi, P. T., Mwakajinga, G. A., Collins, J. T., Bumke, K., ... & Bowman, R. (2020, October). The OpenFlexure Project. The technical challenges of Co-Developing a microscope in the UK and Tanzania. In 2020 IEEE Global Humanitarian Technology Conference (GHTC) (pp. 1-4). IEEE. DOI: https://doi.org/10.1109/GHTC46280.2020.9342860
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