Performance Measurement for Project Management Every Enterprise Essay

Total Length: 889 words ( 3 double-spaced pages)

Total Sources: 3

Page 1 of 3

Performance Measurement for Project Management

Every enterprise which employs a diverse and multifaceted workforce to facilitate organization, production, and service, from major international corporations to local community churches, utilizes a concept known as performance management to maximize their efficiency and effectiveness. The field of performance management has been defined by managerial researchers as a "strategic and integrated approach to increasing the effectiveness of companies by improving the performance of the people who work in them and by developing the capabilities of teams and individual contributors" (Armstrong and Baron, 1998), and the technique has been used since the 1970's by businesses seeking to improve their organizational results. For the sake of the MGM Grand Hotel and Casino's proposed luxury tour bus renovation project, it is essential to examine the complex issue of performance management from the varying perspectives of the different stakeholders involved, including the project's sponsors (MGM Grand Hotel and Casino), the project manager's tasked with ensuring successful completion, and the various team members, suppliers, and consumers who contribute input to the implementation process. The following performance measures have been identified as critical to the eventual success of the luxury tour bus renovation project, as substandard levels of performance in any of these capacities could result in systemic failures throughout the entirety of the project life.

Performance Measure # 1: Functionality

Within all sectors of private industry, from product manufacturing to food service, the human element creates a natural level of error, and thus the need to prevent incorrect operation of an interactive system has become paramount for every large company or corporation.

Stuck Writing Your "Performance Measurement for Project Management Every Enterprise" Essay?

Every operational process engaged in by a person, whether a worker or a customer, presents an array of opportunities for that person to commit avoidable mistakes which nullify the operation's beneficial potential. By designing a product or mass production system in such a way that these mistakes cannot be made, or essentially "fool-proofing" something so that it can only be used correctly, it is possible to reduce or eliminate entirely the type of errors which can cumulatively cost companies millions of dollars per year. The Japanese have perfected this concept of specifically engineered fail-safes through the widespread use of Poka-Yoke, a term which is "translated as 'resistance to errors' by avoiding (yoker) errors resulting from inattention (poka)" (Dudek-Burlikowska & Szewieczek, 2009). By recognizing the potential for defects in the performance of any process, and consciously redesigning that process in such a way as to remove the chance of that error occurring, it is possible to create systems that can only be operated in the intended fashion. The underlying philosophy and methodology of Poka-Yoke "was introduced by Dr. Shigeo Shingo in 1961….....

Show More ⇣


     Open the full completed essay and source list


OR

     Order a one-of-a-kind custom essay on this topic


sample essay writing service

Cite This Resource:

Latest APA Format (6th edition)

Copy Reference
"Performance Measurement For Project Management Every Enterprise" (2013, April 17) Retrieved May 20, 2024, from
https://www.aceyourpaper.com/essays/performance-measurement-project-management-101162

Latest MLA Format (8th edition)

Copy Reference
"Performance Measurement For Project Management Every Enterprise" 17 April 2013. Web.20 May. 2024. <
https://www.aceyourpaper.com/essays/performance-measurement-project-management-101162>

Latest Chicago Format (16th edition)

Copy Reference
"Performance Measurement For Project Management Every Enterprise", 17 April 2013, Accessed.20 May. 2024,
https://www.aceyourpaper.com/essays/performance-measurement-project-management-101162