Compose a 1500 words assignment on describe the strengths and limitations of project management compared with operations. Needs to be plagiarism free!

Compose a 1500 words assignment on describe the strengths and limitations of project management compared with operations. Needs to be plagiarism free! Only 9% of software projects for large companies were delivered on time and within budget. For medium-sized and small companies the numbers improved to 16% and 28% respectively. (Standish Group, 1995)

The success rate for software projects is very low. Although there are a great many reasons of project failure, the analysts mark out main three messages:

1. Software development is still highly unpredictable. Only about 10% of software projects are delivered successfully within initial budget and schedule estimates.

2. Management discipline is more of a discriminator in success or failure than are technology advances.

3. The level of software scrap and reword is indicative of an immature process. (Royce, 1998)

According to Royce, the main reasons why software project got into trouble are:

Poor requirements definition

Inadequate software project management

Lack of integrated product teams

Ineffective subcontractor management

Lack of consistent attention to process

Too little attention to software architecture

Poorly defined, inadequately controlled interfaces

Software upgrades to fix hardware deficiencies

Focus on innovation rather than cost and risk

Limited or no tailoring of standards

So for many projects it's normally never to be finished. But I think that it is possible to accomplish successfully any project, if some necessary efforts are undertaken. Only highly qualified specialist in project management should decide what kind of efforts must be undertaken.

(3) Can a measure be reliable, yet invalid Give three examples and explain.

A data source is said to be reliable if repetitions of a measurement procedures results that vary from another by less then a pre-specified amount.