Discussion feedback(Project Management Assignment) Assignment

Discussion feedback(Project Management ) - Assignment Example You have also noted that you need to work on your self-assurance. It is very important that you work on this skill because in a project, all members draw their strength and inspiration from the team leader. You seem to have a lot of good characteristics but there is a need to work on them such that you become a great leader. Being decisive is very important because leadership has more to do with making decisions than anything else. If you are not decisive, it might be hard to lead a team through a crisis moment. Therefore, you need to work on this characteristic. A good analysis on why leadership and communication are very important for success of a project. Unfortunately, you seem to consider turnover of team members as not a very important setback. This might not be always the case. Consider a turnover of members in a highly technical project, any replacement of the old members may require substantial time for training and bringing them up to speed. Kindly note that having technical skills may not necessarily mean you can join any technical project in your field at any point and continue working without causing disruptions. Communication to you comes out as a very significant factor in ensuring that projects succeed. If there is good communication, everything is likely to roll out as planned. I like the manner in which you relate the housing bubble with learning lessons from the past. That is definitely one way in which business leaders can learn from the past. You are right that cost estimation is necessary in order to determine the viability of a project and thus decide whether to go on with it or not. You also correctly note that work breakdown structure is required to determine what it will take to complete the project and identify any challenges which may be encountered. That is a good analysis there. A good attempt at relating cost estimation with work breakdown structure and project planning schedule. You