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HANDLING COMPLICATION IN THE ACTUAL PMI STANDARD

Category: Business & Management Paper Type: Report Writing Reference: N/A Words: 700

        According to the research findings, majority of research participants including more than 60 percent participants of interview supported the actual PMI standard sufficient for handling complication and almost 50 percent supported the idea to present a separate chapter in PMI for complication handling. This must be reflected. Participants who supported the idea that PMI standards are sufficient, they also appreciate more advice related to the safety in complicated situations of maneuver projects. Structured chapter indications can be inferred from the interviews.

        Considering the above-mentioned answers of participants, it is clear that complication can be handled satisfactorily while on the other hand, they also require sperate chapters in PMI standards. Considering complication as a trending state of affair, we can handle it with PMI. Somehow, general standards should not be generated to overcome complications. According to the readers' attention on complication, notes should be integrated into standards. The multitude of factors have been inherent in complication and could be addressed by a separate book. Somehow, complication cannot be recommended to standardize in project management.

        The traditional standards of PM, in studies, are considered effective and valid. As Hass (2009) explains Gary Gingrich reinforces it as, “… the study of complication but doesn’t yield many answers, at least not how we have tried to describe the globe and forecast its events ever since the start of Scientific Revolution. How it yields is a new manner of thinking and contemplating the globe...” In addition, their new release, “Navigating Complication” was not integrated by PMI into the standard that is recognized worldwide. It was worth generating another book about complication management to them (Project Management Institute, 2014).

        Overall, literature and interviews indicated that present standards for the management of projects are considered authentic. The PMBoK V5 as a PMI standard and PMBoK V4 handle complication in a satisfactory manner. As required in the interview, an introduction of a separate and new chapter for complication was indicated. It mustn't be incorporated into standard since it is not possible to standardize complication management (Hass, 2009). Inside the standards of PM, additional advisories could be the cause of confusion. The mutual necessity regarding an individual guide to handle different complications was evident and this is also suggested as an important finding for the E field of research.

        When the guide is separate, the common desire is to manage the projects, which are very complicated, it is obvious, and the analysis of the stakeholder must be integrated to obtain the results of the complications. In the standard of the PMI, different tools along with the methods were stated. For handling the complication, the additional tools that are mentioned in the interview must be scrutinized critically.

        Whereas EAM stands for “Enterprise architecture model” and it is the specific model to demonstrate the relationships with information technology along with the activities of the business in a company. The analysis of the Monte Carlo is also called the Scenario analysis, and it is addressed for an interview. To handle the complication, the rank of participants is in the first positions. By the fishbone diagram, the influence diagram is also interpreted, which could be the method of the complication together with the similar arrow diagram. An influence diagram is a typical diagram which presents complications reasons and not the methods for handling. The Agile management is concerned with methods which are used, for the control of the complications by the situational approach.

            BSC stands for the balanced scorecard, in the literature review, which is mentioned in the handling of the complication. Thus this method is not supported in the interview. The BSC is used for the KPI tracking, and this method is very useable for the program of the portfolio management along with it is partially suitable for the project management.

            The research field D, in these new methods, is used which is the rarely proposed method for handling of the complication. It is an unusual method for research in the literature of complication that is not familiar with the project managers

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