Chapter 1 & 2 assignments Assignment Example | Topics and Well Written Essays - 750 words

Chapter 1 & 2 assignments - Assignment Example However, instead of viewing project management as either successful or unsuccessful, stakeholders in the decision-making process should come to the appreciation of the fact that regardless of how successful the firm or company in question might be, there is always the potential for improving processes and effecting necessary changes on project management. Essentially, a hybrid organization is one that mixes different elements. Not surprisingly, within the hybrid model, elements of project driven and non-project driven are duly manifest. For instance, an IT firm that might exhibit a hybrid organizational approach could necessarily exhibit project driven metrics with respect to issues pertaining to development of new software etc. However, by means of comparison and contrast, other aspects of management could easily be considered as non-project driven. Likewise, non project driven management is an approach by which ultimate culpability for decision making, or results, is sometimes ambiguous. Moreover, in a non project driven system, it is unlikely that any necessarily high level of emphasis would be placed on the need for project management whatsoever. In seeking to answer why there are still cost overruns with respect to the industries of aerospace and defense, even though they had been exhibiting effective levels of project management for decades now, it is necessary to understand the nature of these industries and seek to place the blame for cost overruns where it truly belongs. Although it is doubtless the case that there are certain examples by which poor project management has effected a large cost overrun, the reason for why these cost overruns are oftentimes exhibited is contingent upon changes to technology. Within the aerospace and defense sectors, even a minute changes in technology can render prior research and development as effectively useless. As such, the need to change course and adapt to