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  Write a 700- to 1,050-word executive summary to your organization’s leadership team answering the following:

· Introduction 

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· What is project oversight?

o The purpose of project oversight is to ensure the project is proceeding on time and on budget – and of more importance, that problem is identified early so that corrective action may be taken while the cost to correct the issues are manageable.

· How will project oversight impact the organization? How will it impact the project manager?

o Project oversight impacts an organization because after the project is completed then the project team can review and assess any issues that may have arisen during the execution of the project. Then the project manager is aware of the issues and then makes changes accordingly. This will hopefully not affect the project budget. 

o Oversight methods implemented toward the project manager centralize responsibility and accountability, thus impacting performance and control of the projects.

· What is the importance of project oversight to the future of project management?

o By keeping detailed records of projects will help with future projects of the same kind. Also, you can account for risks seen and unforeseen because there is a reference point. 

· Conclusion

Format your paper consistent with APA guidelines.

Week 5 – Project Oversight

Write a 700- to 1,050-word executive summary to your organization’s leadership team answering the following:

· Introduction

· What is  project oversight ?

· The purpose of project oversight is to ensure the project is proceeding on time and on budget – and of more importance, that problems are identified early so that corrective action may be taken while the cost to correct the issues are manageable.

· How will project oversight impact the organization? How will it impact the project manager?

· Project oversight impacts an organization because after the project is completed then the project team can review and assess any issues that may have arisen during the execution of the project. Then the project manager is aware of the issues and then make changes accordingly. This will hopefully not affect the project budget.

· Oversight methods implemented toward the project manager centralize responsibility and accountability, thus impacting performance and control of the projects.

· What is the importance of project oversight to the future of project management?

· By keeping detailed records of projects this will help with future projects of the same kind. Also, you can account for risks seen and unforeseen because there is a reference point.

· Conclusion

Format your paper consistent with APA guidelines.

Week 5

Project Oversight

Write

a 700

to 1,050

word executive summary to your

organization’s leadership team answering the following:

·

Introducti

on

·

W

hat is

project oversight

?

o

The purpose of

project oversight

is to ensure the

project

is proceeding on time and

on

budget

and of more

importance

, that problems are identified early so that

corrective action may be taken while the cost to correct the issues are manageable.

·

H

ow will project oversight impact the organization?

How will it impact the project manager?

o

Project oversight impacts

an organization

bec

ause

after the pro

ject is completed then

th

e project team can review and assess any issues that may have

arisen

during the

execution of

the project

.

Then

the project manager

is aware of the issues and then

make changes accordingly

. This wil

l hopefully not

affect

th

e project budget.

o

Oversight methods implemented toward the project manager centralize

responsibility

and

accountability

,

thus impacting performance and control of the projects.

·

Wha

t is the importance of project oversight to the

future of project management?

o

B

y keeping detailed records of projects this will help with future projects of the same

kind. Also,

you

can

account for

risks

seen and

unforeseen

because

there is a reference

point.

·

Conc

lusion

F

ormat

your paper consistent with APA guidelines.

Week 5 – Project Oversight

Write a 700- to 1,050-word executive summary to your

organization’s leadership team answering the following:

 Introduction

 What is project oversight?

o The purpose of project oversight is to ensure the project is proceeding on time and

on budget – and of more importance, that problems are identified early so that

corrective action may be taken while the cost to correct the issues are manageable.

 How will project oversight impact the organization?

How will it impact the project manager?

o Project oversight impacts an organization because after the project is completed then

the project team can review and assess any issues that may have arisen during the

execution of the project. Then the project manager is aware of the issues and then

make changes accordingly. This will hopefully not affect the project budget.

o Oversight methods implemented toward the project manager centralize responsibility

and accountability, thus impacting performance and control of the projects.

 What is the importance of project oversight to the

future of project management?

o By keeping detailed records of projects this will help with future projects of the same

kind. Also, you can account for risks seen and unforeseen because there is a reference

point.

 Conclusion

Format your paper consistent with APA guidelines.

Oversight

Project Oversight Bryan Gibson

CPMGT 303

May 2, 2016

David Rall

https://www.coursehero.com/file/14946335/Project-Oversight/

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Oversight

Project Oversight

When it comes to the end of a project and the project management team

evaluates the project the team must look at all the factors that impacted the project

positive and negatively. During the project there needs to be an oversight committee

that monitors the issues that can negatively affect the project. This committee will

monitor the risks, negative issues, budget problems and decisions. When the oversight

committee finds one of these issues it can and will impact the organization and the

project manager.

After the project is completed the oversight committee can review the issues and

record how they effected the project so that the next project plan can incorporate these

issues so the new projects will not be impacted by the same types of issues. The

project oversight helps develop a plan for the execution of a project. If the oversight is

not done efficiently then the project can be put under greater risk.

Then the responsibility of a project is assigned to the manager of the project.

Goodpasture, J (2014) says, Successful projects are relatively easy to identify; we

usually know them when we see them. The oversight that has to be done gives the

planners the issues that they may not see before they start the project and identify the

issues that can affect the budget.

The last area that oversight of a project will do is maintain the records of the

particulars of the project. Maylor, Turner, Murray and Webster (2013) says, it records all

the problem, risks that were faced during the project. These records can help with all

future projects whether the projects are similar in the types of work that is being done or

not. The major area that makes project oversight so crucial is that it makes the planning

https://www.coursehero.com/file/14946335/Project-Oversight/

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Oversight

teams keep in mind not only the known risks but the unknown or unseen factors that

may have come up with the plan.

In conclusion the project oversight of current projects are just as important for the

current projects as well as the future projects. If the project is not monitored from the

start to the end issues may not be identified soon enough so the budget will not be

impacted as much.

https://www.coursehero.com/file/14946335/Project-Oversight/

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Oversight

References

Goodpasture, John C.. Quantitative Methods in Project Management. Boca Raton, US: J. Ross

Publishing, Incorporated, 2014. ProQuest ebrary. Web. 2 May 2016.

Maylor, H. R., Turner, N. W., & Murray-Webster, R. (2013). How hard can it be? Actively managing

complexity in technology projects. Research-Technology Management 56(4), 45–51.

https://www.coursehero.com/file/14946335/Project-Oversight/

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