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Improvement Project of Science Construction CS

Abstract Science Construction’s business is in planning, developing and building road projects. The major of its clients are municipalities, city governments, and other public sector entities. While the bankruptcy rates for these clients is very low, when economic downturns happen, their ability to pay in a timely fashion also suffers. This leads to businesses such as Science Construction needing to take on additional debt and to find creative methods in order to stay afloat during times of recession. Methods such as selling accounts receivables at discounted rates and taking larger lines of credit through banks and other lending institutions are some of the ways organizations can remain viable when their cash inflows have turned into a trickle. Science Construction is asking the Turkish Courts to postpone their bankruptcy proceedings for a year while they attempt to restructure. Through this, suggestions such as forcing shareholders to pay their debt to the organization, gaining credi
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Can innovative people be also people that understand, apply and adhere to standards?

I do agree that following standards, taking all stakeholders in mind and having efficient communications with all parties involved in the mentioned issue would have avoided the catastrophe. Following standards is crucial for any project. The fact that the project manager didn’t follow the rules and didn’t get any permits for his work lead to the spillway compromising and the catastrophic after that. All of that could have been avoided if a certified project manager was taking the lead as he would have followed the rules, knew the nature of the project land and at the end avoided any harm for any of the stakeholders. Talking about the stakeholders, certified project managers takes into account all stakeholders of the project and tries to weigh all stakeholders impact of the projects. Finally, projects managers are good communicators by nature, they are used to communicate with each party and ask all the tough questions to make sure that the project is on the right track.
I do agree as well with the author’s endnote that we still need rules and people who understand them and the reasons behind them in order to have a safe environment for everyone. Innovative people follow the rules all the time but at the same time, they try to find new innovative ways to get things done. The borderline here is if the innovative solution is adhering to the rules and laws or is it breaking them, are there any stakeholders who will be affected by these new ways, what is the level of that effect and is there a way to decrease it or better to eliminate it. New ideas shouldn’t be implemented without answering these questions or a catastrophe like the one mentioned earlier will be in the making.
The PMBoK state ten knowledge areas and five project life cycle phases (PM PrepCast, 2017) and they are all important to any project. For the story mentioned in the article, the most crucial knowledge areas were the project risk management which is the calculation of all risks during the project life cycle determining how to handle them and reduce them, the second one is the project communications management which meant to take care of communications between all personnel in the project and make sure they are all aware of every aspect of their job in the project, and the third was project stakeholder management which identifies all the stakeholders that can affect or be affected by the project. These three knowledge areas would have helped the project manager to know the risks of the project and the stakeholders of the neighboring area that got flooded and the communication would have been better with authorities to know more about the area. As for the five project life cycle phases, the most crucial would have been the initiation phase. In this phase, the project outlines are put in place with the critical success factors, risks and full scope of the project. This would have required more information about the place of the project and would have saved the spillway from being compromised leading to the catastrophe

References:
PM PrepCast (2017). PMBOK® Guide 6th Edition Knowledge Areas for Project Management - Process Groups and Processes - The Complete Guide. Retrieved from: https://www.project-management-prepcast.com/pmbok-knowledge-areas-and-pmi-process-groups

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