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Management: Questions and Response, Essay Example

Pages: 1

Words: 325

Essay

What happens if your senior management and project sponsors are directing you the Project Manager and your project team to manage projects that you clearly know are not worth the financial, technological, competitive advantage with your competitors?

First to note is the need to create a study that would prove the assumption on the real worth of the project and its future effect on the organization. The senior management as well as the project sponsors should know why the project is not feasible enough to pursue and that it would not give any specific developmental benefit for the organization. Considerably, the report should be able to point out both the advantages and the disadvantages of the project hence supporting the fact that every angle of the situation is balanced out and given attention to.

Statistical data about the forecast on the relative outcome of the project should also be provided. This will give the senior management a distinct visualization on whether or not the project would actually give better gains for the organization and the project sponsors an understanding whether or not the project is worth their investment and the risk that they are going to take. Projection of the future market and how the organization would fare in the instance that the project is accomplished should also be given attention to. Such establishment of information would provide a good and determinable reason for the management and the sponsors to know of the position as to why the project is in need of being rejected or adjusted If still possible to meet with the needs and requirements needed for the organization to thrive and develop further.

Through this approach, both the sponsors and the managers would understand that their values and that of the values of the organization are clearly being given attention to and are given high concern. The data presented to them would help them decide whether or not to pursue the project at hand.

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