adoption of project management by the current company managers as one of the approaches that are relatively modern

adoption of project management by the current company managers as one of the approaches that are relatively modern

Due to the increase and high escalation aspects for raw materials and salaries, stakeholders pressure, high union demand and high, long-lasting inflation associated by lack of borrowing power and a mild recession with financial companies, the article explains why the firm’s executives are anticipated to have complex challenges the following decade. Even though these limitations have been there in the industry ever since, its influence and impacts have advanced over the decades, and it is on higher degrees today. Kerzner elaborates on how the managers in the past tried all means to reduce the effects of these environmental circumstances through implementing extensive cost-cutting programs. And some of the prevalent outcomes of these programs that the article highlights include layoffs, early retirement, and a significant drop in workforce via attrition. The article explains the adoption of project management by the current company managers as one of the approaches that are relatively modern and how it is a useful tool and system that helps organization managers to overcome environmental challenges. The articles conclude that project management is an effective method that provides the  executive with valuable ways of handling ecological problems that impact the success of a project

The article focuses on establishing the connection between project management performance and project success. It argues that despite the significant advancement that has been experienced in project management processes, systems, and tools, there has been no substantial improvement in project success. The paper outlines a research study that aims to define the link between project management performance and project success based on empirical information on project management experts working in the project-based firms in the United Arab Emirates. And to measure PM performance as well as project success, the article employs a multidimensional framework with the analysis of one hundred and fifty-four completed questionnaires. The report finds a positive relationship between PM performance and project success by using multiple regression and bivariate correlation tests. Moreover, the new variable connection between the personal variable of PM performance and project success has been highlighted in the article since it has not been explored.

The article project management: Achieving competitive advantage applies a modern, definite, and business-situated way of educating and teaching project management. The article takes a decisive approach by using contemporary case studies, hands-on practice, and research and blending current theory to provide exclusive perspectives of the project management process. The author outlines PM theory in the context of several reputable firms regardless if they are held publicly, private, or even nonprofit in order to promote a wide range and multi-industry comprehension of the project management process. The article’s comprehensive research acts as a tool for organization managers to assess real-time projects as well as equipping them with top-notch decision-making skills. Regarding the latest project management techniques, the study implies that project management is the correct feature of practical exercise, cutting-edge theory, and a balance of real-world instances.

The article written by Wang et al. (2011) is focused on mechanical enhancements, which may represent the advancement of the Management Support System that, in other words, has built up the Decision Support System. It states that problems and challenges in a business that is not the well structure can be restored with the aid of decision support systems even though the systems are tasked with the duty of handling predefined data, and an active decision support system offers answers to the complex and unconstructed problem set. The authors also elaborate on the decision support systems of workers turnover management of hazards that utilize human resource database and intelligence information distribution centers, to give answers for the request. The paper acknowledges some of the faults that might contribute to the high turnover rate of employees in a business, and it suggests that inadequate standardized tools and models, lack of practicality in transferring general processes as well as slow or no sharing of relevant information results to these situations .the article finds out that the management of employee turnover risk is managed significantly by business because of the decision support system.