Best Practice Companies Best Practice Companies in Project Managementin Project Management

Craig W. Roggow

Multimedia FormatsMultimedia Formats1.1. To review the website publishing of this To review the website publishing of this

case study research project in various case study research project in various presentation formats, please visit: presentation formats, please visit: http://http://mergerandacquisitionstrategies.org/best-practicmergerandacquisitionstrategies.org/best-practice-companies-in-project-management/e-companies-in-project-management/

2.2. To obtain this PowerPoint summary To obtain this PowerPoint summary training file presentation separately, training file presentation separately, download from here: download from here: http://http://mergerandacquisitionstrategies.org/wp-content/mergerandacquisitionstrategies.org/wp-content/uploads/2013/06/best-practice-companies-in-projuploads/2013/06/best-practice-companies-in-project-management-presentation_roggow.pptect-management-presentation_roggow.ppt

3.3. To view this video training of this To view this video training of this presentation separately at YouTube: presentation separately at YouTube: http://youtu.be/_yLlHWDtY10

IntroductionIntroduction

Project management is a pertinent aspect in global business.

Most firms have independent departments for project management.

Wal-Mart and Dell are notable entities in project management.

Both Dell and Wal-Mart are model companies with regard to project management.

Objects of this Objects of this ProjectProject

Analyze what these best practice companies do within project management.

Define the similarities between Dell & Wal-Mart.

Describe major differences between Dell & Wal-Mart.

Critique Dell & Wal-Mart best practices. Implementing best practices.

Best Practice Company: Best Practice Company: Dell Inc.Dell Inc.

Dell is an outstanding firm in the computer technology sector.

The firm’s main specialty is the manufacture of hardware components for computers.

Dell uses the agile PMLC model in the management of projects with high levels of uncertainties.

Best Practice Company: Best Practice Company: Wal-MartWal-Mart

Wal-Mart also has an exceptional framework for project management.

The company specializes in retail services across numerous jurisdictions.

Wal-Mart’s mechanisms for inventory management are exquisite.

Similarities between Similarities between Dell & Wal-MartDell & Wal-Mart

Combination of different models for Combination of different models for project management.project management.

Integration of technology into the project Integration of technology into the project management systems.management systems.

The use of agile PMLC model.The use of agile PMLC model. Project managers are prominently used Project managers are prominently used

in the actualization of projects.in the actualization of projects.

Differences between Differences between Dell & Wal-MartDell & Wal-Mart

The project management mechanisms at The project management mechanisms at Wal-Mart are subdivided into distinct units.Wal-Mart are subdivided into distinct units.

Dell, Inc. employs a holistic approach to Dell, Inc. employs a holistic approach to project management.project management.

Implementation initiatives for Wal-Mart are Implementation initiatives for Wal-Mart are mainly associated with elaborate planning.mainly associated with elaborate planning.

An ad-hoc approach is used by Dell.An ad-hoc approach is used by Dell.

Critique of Best Critique of Best Practices:Practices:

Dell & Wal-MartDell & Wal-Mart Risk analysis is a prominent component Risk analysis is a prominent component

of project management for both Wal-Mart of project management for both Wal-Mart and Dell. and Dell.

The companies have exceptional The companies have exceptional mechanisms for the mitigation of risks.mechanisms for the mitigation of risks.

Communication is massively influential Communication is massively influential especially in terms of transition of especially in terms of transition of different phases.different phases.

Quality metrics have not been integrated Quality metrics have not been integrated adequately by Wal-Mart.adequately by Wal-Mart.

Implementing Best Implementing Best PracticesPractices

Scope management is an essential aspect in the implementation phase.

The combination of different models of project management is also immensely beneficial.

Stakeholder management is crucial in the identification of potential pitfalls.

ConclusionConclusion

Both Dell and Wal-Mart are model companies with regard to project management.

The success of both firms is founded on excellent blueprints for project management.

In view of such uncertainties, Dell uses the agile PMLC model to streamline projects involving the introduction of new products.

Blog PostBlog Post

For a full report on this case study For a full report on this case study research project, please visit my blog post research project, please visit my blog post publishing: publishing: http://http://mergerandacquisitionstrategies.org/best-mergerandacquisitionstrategies.org/best-practice-companies-in-projectpractice-companies-in-project--management/management/

ReferencesReferences Baker, D. A. (2010). Baker, D. A. (2010). Multi company project management: Multi company project management:

Maximizing business resultsMaximizing business results, J. Ross Publishing: , J. Ross Publishing: Lauderdale, FL.Lauderdale, FL.

Clemens, J. P. (2009). Clemens, J. P. (2009). Successful project managementSuccessful project management, , Cengage Cengage Learning: Mason, OH.Learning: Mason, OH.

Kerzner, H. R. (2010). Kerzner, H. R. (2010). Project management: Best practices, Project management: Best practices, achieving global excellence, achieving global excellence, John Wiley & Sons: John Wiley & Sons: Hoboken, NJ. Hoboken, NJ.

Lock, D. (2007). Lock, D. (2007). The essentials of project management,The essentials of project management, Gower Publishing Limited: Hampshire. Gower Publishing Limited: Hampshire.

Nicholas, J. M. (2008). Nicholas, J. M. (2008). Project management for business, Project management for business, Butterworth-Heinemann: Burlington, MA.Butterworth-Heinemann: Burlington, MA.

Roggow, C. (2013). Best Practice Companies in Logistics. Roggow, C. (2013). Best Practice Companies in Logistics. Retrieved from Retrieved from

http://mergerandacquisitionstrategies.org/best-practice-http://mergerandacquisitionstrategies.org/best-practice-companies-in-logistics/companies-in-logistics/

Wysocki, R. K. (2012). Wysocki, R. K. (2012). Effective project management: Effective project management: Traditional, agile, extreme managing complexity in the face Traditional, agile, extreme managing complexity in the face

of uncertainty,of uncertainty, John Wiley & Sons: Indianapolis, IN. John Wiley & Sons: Indianapolis, IN.

Created By Created By

Craig W. RoggowCraig W. Roggow________________________

Copyrights ©2013 Craig W. Roggow. All Rights

Reserved.