Complex Project Management for Challenges - myassignmenthelp.com

Question: Discuss about theComplex Project Management for Values and the Challenges. Answer: Controlling Chaos: The value and the challenges of applying complexity theory to project management In a complex project, it is impossible to predict the outcomes of the system. The success of the project is not evaluated from one perspective at one time. Therefore, a forewarning system is developed to alert the key stakeholders about the facts into the project. The system identifies the three levels of project outcomes and assesses over differentiate the time frames. Evaluation of the ongoing success and failure of the project during the project lifecycle is done by the forewarning system. Evaluation of success criteria of the project is taken into consideration on perspectives of the stakeholders groups (Cooke-Davies 2011). The stakeholders propose assessment of the success factors of the project and level of complexity is critical to determine the outcome. The success factors predict the outputs like performance, cost, time and quality. The stakeholders should link success and failure factors by collecting of project data. They measure the dimensions of project complexity and measure the project that lead to performance indicators. In this way feedback is implemented into the project and portfolio environment. In order to determine the outcomes of the project, the data are collected on performance against both schedule as well as cost at current milestone (Cicmil et al. 2017). The stakeholder groups also collect data on change orders so that proper change management plan is to be done. During the project lifecycle, the project managers evaluation of stakeholder approval is compared with the evaluation of project success as well as failure factors which lead to performance indicators. References Cicmil, S., Cooke-Davies, T., Crawford, L. and Richardson, K., 2017, April. Exploring the complexity of projects: Implications of complexity theory for project management practice. Project Management Institute. Cooke-Davies, T., 2011, August. Aspects of complexity: Managing projects in a complex world. Project Management Institute.