Innovative Ideas of Project Management: Research on Innovative Ideas of Project Management
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This Books contains Innovative Ideas on Project Management. This book is unique in the sense it covers all the aspects of Project Management in one Article. I try to introduce some new ideas in Project Management which has never been discussed. I have stated various examples on PM which were based on my past experience while coordination and execution of several Mega Project in India and abroad. I had explain the ideas and hypothesis based on realistic observations. I try to explain the ideas and concept of both Management & Engineering in Generic way to attract the interest of the people to other field of Management and Engineering Which is the uniqueness of this Article. I had taken the references from my practical experience and also taken references & direction from renowned book writers of the World .. Hope this book will give new inspiration to Project management motivated by innovative ides Project Management is one of the complicated and challenging Job of the Business . Huge amount of money and resources are required for completion of the Project. Project may be define as temporary activity for a pre determined time and defined cost budget . As for other business activities it requires Strategic Planning, Budgeting, Communicating, Monitoring, Risk management etc . Project Management is not only a Microsoft Tools . It takes a leader to build a Team, create a positive environment for work, introduce the best practices and collaborative technology. A true leader is always find Opportunity from a deepest challenge. . Rather it is the farsightedness of the Leader which help him to grab the opportunity from the market Need less to say that the Vision, Self Confidence and experience of the Leader makes all the difference and it is the driving force of a Successful Project. What inspired me to take up the call of the research.What I had found in my past experience that huge amount of Money, Manpower & Resource are spoiled for improper Management Planning & inadequate Knowledge . Mismanagement may in the form of Planning, Mismanagement in the form of indecision, Mismanagement in the form of unprofessional approach, Mismanagement in the form of inadequate Technical Knowledge and Financial Instability Mismanagement in the form Monitoring & Control etc. A critical analysis shows that a Well-planned Well Managed Project can reduces 10-15 % cost reduction and reduces approximately 5-10 % of process time. So effort shall be made to reduce Cost & the process Downtime of the Project. Special Emphasis shall be given in Choosing the Location, Design Aspect, Facility Management, Operation Philosophy of Project . Heart line of the Project lies with the Pre Planning & monitoring of all the activities starting from Soil Testing, Designing, Detail Engineering, Procurement, Scheduling, Monitoring the Critical Activity, Project Execution Etc . Adopting the most sophisticated advanced Design Philosophy, Choosing of Appropriate material & Equipment, Selection of Vendor, Engaging of Qualified & Experienced Manpower are some of the Strategic decision that need to be Taken correctly for successful project. So a Cross functional Core Group with Versatile Experience & Proven Track record should monitor the Project. Sequence of Operation towards Execution of the Job shall be chosen carefully.All the information shared in this research work is of Academic interest. Our effort will be successful If anyone or any organization is benefited from this Research Work . Obviously we insist on Mind Set of the People to act in the change environment to accommodate a new concept and and develop a new functional aspect which is one of the essence and motivation for this research work .G. Bernard Shaw -"Progress is impossible without change, and those who cannot change their minds cannot change anything''
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