Project management report for Zenith Company Inc Essay

Project management report for Zenith Company Inc - Essay ExampleAccording to the research findings it can therefore be verbalise that proper project management is important for any project to meet its objective and achieve success. Project management involves in-depth process of planning, execution or implementation, and monitor and evaluation at every phase of implementation. If it is not a perpetual project, a final stage of project closing is included. The management team at Zenith PM has decided to enhance the current business strategy by introducing a new approach on their core business model to reform business performance and success. This paper will attempt to provide advice to the management of Zenith PM on the current thinking on offsite manufacturing or modern methods of construction, the electric potential impact of change in direction from a change management perspective on Zenith PMs existing business strategy management on existing organizational and project process es, how a transition might be undertaken using a project management solution including an implementation strategy) and search all risk management issues that may be prevalent. The management team at Zenith PM has decided to have a new approach on their core business model. They have made the decision to incorporate offsite manufacturing with an aim to enter a new niche market (which could give them competitive advantage), perk up the workforce (to reduce turnover), and improve the financial position of the company (working capital requirements and improve order book). 2. Current thinking on Offsite Manufacturing 2.1 New development base on the business of Zenith PM, it is apparent that reliance on the traditional manufacturing methods will not put the firm in a competitive advantage peculiarly given that other firms in the market have embraced advanced technologies boosting their competition and production levels. The managements decision to adopt offsite manufacturing sounds l ong overdue but a good measure though challenging to grow firm size, motivate staff, increase production, improve quality, improve client satisfaction, and increase firm turnover. Offsite manufacturing leads to improved project delivery and positively influence the performance of the construction industry by reducing the projects duration by almost one-half and increased onsite productivity. Zenith PM should carry out an Analysis of internal and external market forces so that they can have a smooth way forward. Zenith PM can use the business analysis model of SWOT by Albert Humphrey to identify Zenith PMs strengths and weaknesses, which are internal factors as well as opportunities and threats, the external factors. The company