Reflection paper Assignment Example | Topics and Well Written Essays - 500 words

Reflection paper - Assignment Example ment concepts beforehand, the scope of the project, as well as the effective planning strategies that his or her team may implement in order to achieve a project success. In any attempt of managing a certain project, specifically in one organization, it is expected that it has always been associated with various risks in the process. Hence, the project manager together with his or her employees should anticipate these risks in advance, and the possible problems that they may encounter in doing the project. With all these in mind, they can have all the chances of finding ways and solutions in preventing them to happen. (McNamara, 2011) Aside from the above given areas, the other aspect that mostly needed is the budget allocation, the financial resources is very essential to be ready by the time that the project starts, for many expenditures may occur as it progresses. Another thing is the time frame that is set for the project; regular monitoring of all activities that pertain to the project must be done; the project must be all set, and ready for delivery to the client’s satisfaction. In view thereof, a project is most likely has a successful outcome, if all the concepts of project management leadership are appropriately applied by a project manager together with his team members. (Symond, 2011) AlexisW (2011) has written in his article that many successful managers has been experiencing success in the respective industries, obviously because they strictly follow the theories and concepts that they learned in the business management course; at the same time, they have put all of them into practice in their own field. No mater what kind of project a project manager is working on, still, he or she needs to apply the three basic concepts in project management. Following important procedures, as well as setting a life cycle on the project, so as applying project management program are essential concepts for achieving remarkable project success. First in