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MB0049 Project Management Sem 2 Fall 2011 Assignment

MB0049 Project Management Sem 2 Fall 2011 Assignment

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Fall 2011
Name :Vineet GarewalRegistration Number : 521143741Learning Centre Code : 02014Course :Master of Business Administration-MBASemester : SEMESTER IIModule No. :MBA0049Subject : Project ManagementAssignment Set- 1
Vineet GarewalSEM II Roll Number: 521143741
 
Fall 2011
Q.1List and explain the traits if a professional manager.Ans :
 
The project manager is an important team member who often makes the differencebetween project success and failure. A project manager should have the skills to unitediverse individuals and have them function as one cohesive team. There are certain traitsthat enable a manager to be effective in his functioning. The top management will look for these in a person who they want to employ for project management. Let us discuss some of these traits in detail.a)
Leadership:
These managers lead by exhibiting the characteristics of leadership. Theyknow what they should do, know why they are doing it, how to do it and have the courageand vision to execute it. They have the power of taking along others with them. They lead bymaking themselves as an example for the entire team. He is about to trust his teammembers and assign the right job to the right person.b)
People Relationships:
Any leader without followers cannot be successful. They need tohave excellent human relationship skills. The manager should:
build up his team based on the core values of sincerity, objectivity, dedication andethics
ensure that his subordinates get opportunities for growth based on performance
make his subordinates a part of the decision making process, thus ensuringcooperation and commitment during implementation
delegate freely and support them and give enough room for expression of thoughtsand also make things challenging for team members
keep aspirations of the team members into considerationsc)
Integrity:
Highest levels of trust, fairness and honesty are expected while dealing withpeople both within and outside the organization. This includes the customers, shareholders,dealers, employees, the government and society at large. They ensure that functioning isclean. Their transactions will be transparent. Ethics is something they practice diligently.d)
Quality:
The quality philosophy should not cover only the product quality, but everyprocess that has gone into making it. Economy of words when instructions are given,acknowledging compliance, arriving on time, remembering the promises and above all akeen eye for details and patience to make others know what they want are components of quality.e)
Customer Orientation:
It is now recognized that every organization has two sets of customers – internal customers and external customers. Internal customers are people inthe organization – employees, directors and team members. External customers are clientsand all members of society the company comes in contact in connection with the business.f)
Innovation and creativity:
Professional managers think beyond the obvious. They exhibita keenness to go behind a problem and attempt to find the root cause of the problem. Theywill draw from their experience from diverse fields, seek further information and consider allpossible alternatives and come out with some new and unique solution. This happens whenthey have open minds.g)
Performance Management:
The professional manager not only ensures that hisperformance is at peak all times, but motivates his entire team to perform the same. This
Vineet GarewalSEM II Roll Number: 521143741
 
Fall 2011
comes by appreciation and encouragement. In case of shortfalls, he arranges training for them so that their performance improves. Thus the team members know that they areexpected to perform, that they get help to do so and their effort is recognized and rewardedtoo. This is the simple path of performance management.Managers can follow a seven step performance management model.
Set Objectives/Performance Standards
Communicate these to the employees
Review/monitor 
Check actual performance Vs. Standards set
Identify gaps
Jointly decide on corrective action, if needed
Reset objectives for next periodh)
Identification with the organization:
A sense of pride and belonging goes with the“ownership” of the job, the project, team members and organization. This is brought about bythe culture and communication system in the organization. Information sharing brings in trustand promotes belongingness. The tendency seen is that most managers strongly identifywith their own departments, units or divisions and they lack a sense of organization.i)
Empowering employees:
The professional manager should possess the ability toempower his employees down the line. Empowerment is the process by which employeesare encouraged to take decisions pertaining to their area of work. This leads employeesdeveloping a sense of pride in their jobs. But managers often hesitate to empower their subordinates as they feel insecure and show a sense of uncertainty. The professionalmanager practices empowerment and encourages employees to grow and develop in their positions. j)
Coping with changes:
There is a saying – ‘The only constant in this world is change’. Aprofessional manager has the ability and capacity to cope with change. He accepts the factthat change is inevitable and is ready to implement change at the workplace.To implement change successfully, it is essential that employees are involved in theimplementation of change. Moreover, the positive and negative consequences of changeneed to be discussed and understood before implementation. Thus a professional manager has the attitude to accept change as a way of life and takes it in his stride.
Vineet GarewalSEM II Roll Number: 521143741

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