Saturday, October 19, 2019

Project management Assignment Example | Topics and Well Written Essays - 750 words

Project management - Assignment Example Project Management Office (PMO) A Project Management Office (PMO) can be termed as a centralised organisational unit or body which is likely involve in different phases of a project. The body is the core entity that ensures to provide basic administrative along with advisory and consulting support to the overall operations of the project. Moreover, a PMO also involves in strategic and grievance services that are required to successfully achieve the desired goals and objectives of the project (Canfield University, 2004). With regard to the case scenario, Volkswagen (VW) Mexico had founded an effective PMO which was principally established in order to monitor and control operations performed in the Jetta component assembly line. The PMO of the company played a major role for the project in terms of coordinating an effective financial plan along with appropriate schedule for each project function. Moreover, the unit also contributed by playing a crucial role in terms of procuring and ma naging adequate resources to ensure effective performance within the Mexico project assembly line (Project Management Institute, 2012). Project Control System Project control system generally incorporates various steps performed by different operational and management groups which facilitate to successfully accomplish the ultimate objectives of a project (Public procurement Guide, 2008). With regard to the project control system of Jetta assembly line, VW Mexico had highly focused on six major steps including programming or estimation, identification, budgeting, cost control, scheduling of project activities and performance measurement. In relation to scheduling of project activities, VW Mexico component’s design strategy for installing Jetta assembly line would be completed within 21 months in a budget of around USD3.3 million. The work breakdown structure of the project is segregated into separate elements such as defining project which entails stage gate review and stakeho lder development. Subsequently, the planning stage would entail design and new suppliers along with preparing the blueprint of the entire work activities. In addition, the phase of training, implementation and risk assessment would be comprehensively followed to ensure complete success of the project. Moreover, risk assessment phase would facilitate to ensure optimisation of the undertaken project along with ascertaining proper commencement of the production of Axel, Motor and Corner module (Project Management Institute, 2012). In this regard, it can be said that one of the critical components of project control system is to mitigate situations when delay occurs in the project schedule. In relation to Jetta assembly line project as well, the project manager needs to remain cautious to avoid any kind of delays. The project manager in such scenarios can take control by preparing a work breakdown structure for each and every activity of the project. Moreover, the project manager needs to carefully and continuously monitor any delay creating activity and if by

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