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MegaTech, Inc. is designed to highlight some of the reasons why an organization that had operated in a relatively stable and predictable environment would seek to move to an emphasis on project-based work$3.39
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MegaTech, Inc. is designed to highlight some of the reasons why an organization that had operated in a relatively stable and predictable environment would seek to move to an emphasis on project-based work
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Activity 1 Case Study 1.1 MegaTech, Inc
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University
Activity 1 ( 500+ words)
Case Study 1.1 MegaTech, Inc.
MegaTech, Inc. is designed to highlight some of the reasons why an organization that had operated in a relatively stable and predictable environment would seek to move to an emphasis on project-based work. The trigger event, in this case ...
Behind these two words, “project management," stands a myriad of information that guides
anyone who uses the principle of success. Several aspects of project management, Megatech has
managed to stay on top of the game and compete with other companies (Pinto, 2019).
Projects are vital for many reasons. First, reduce the life cycle of products that are coming up
with new innovations quicker than the competitors. Secondly, increasing technical and complex
products; which implies that Megatech should begin planning for the following year’s models of
updates they are releasing this year (Pinto, 2019). If Megatech can be efficient in the reasons
stated above, something they are doing, they will become the leader in their industry without no
doubt.
In addition, project management serves the rationale of future senior executives and management
training. Projects are divided into two key areas: the technical side, which is methodical. They
focus on project selection, scheduling, planning, resource management, and budgeting. The other
key area is behavioral, which is the people's side. They focus on bringing people and employees
together to nature them into effective teams that will accomplish tasks at hand (Pinto, 2019).
By employing all that has been stated above, Megatech stays on top of its competitors in the
industry. In the case study, they started rough, but after transitioning and investing in project
management, they are progressing in a slow but sure way (Kerzner, 2018).
Marketplace elements Megatech operated on to believe in project management.
After looking Globalization, Megatech realized their company had inefficiencies. The needed to
straighten operations that were existing, look for new markets, take up new technologies, and
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