GMS 450 Lecture Notes - Lecture 3: Project Manager, Cost Overrun, Videotelephony

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 450
• Professor: Mohammed Nikoofal

Document Summary

Selecting a project manager, describing his/her roles and responsibilities: discuss the necessary competencies to be an effective project manager, difference project organizations and fitting projects into the parent organization. Project manager is usually selected after project is selected. The pm is selected through interview between senior management and prospective pm: once selected, the pm and/or a senior manager calls a launch meeting of stakeholders, and the knowledgeable people to begin the project planning. Compare a project manager with a function manager (head of manufacturing or marketing divisions: managing well established unit vs. multidisciplinary environment. Must ensure that those working on the project have the appropriate knowledge, resources and time to accomplish their responsibilities. Being facilitator by resolving conflicts between members of project team, the team and senior manager and different function managers, etc: analytical approach (leading to local-optima) vs. systems approach (finding a global optima) Communicator: must communicate effectively with various stakeholders of the project.