To conduct a proper project management case study, you must first know what you are looking for and where it could be located at. The factors of each previous project need to be carefully analyzed so they are know. This will allow for the data on each project to be able to bring relevance to the modern development of your project.
In the project management case study, one of the leading factors that need to be noted is the economic conditions that existed in the market place at the time of the project execution phase of its project life cycle. This is an important variable that has to be understood. What was acceptable before the current financial meltdown of the world’s economy is no longer valid in many instances. Just because it worked in the past does not mean it will at the present time. Knowing this can help the project manager in avoiding a costly mistake.
Another of the important factors that needs to be investigated and understood in any project management case study is the manpower situation. Before the current crisis, the price and availability of labor was vastly different than it is today. Knowing that with high unemployment will lead to a lower cost for manpower is a way to save on the project budget.
Once all the data is found in your project management case study, it will then need to be assembled in an orderly fashioned so the data and be accurately analyzed and compared to what is applicable today. The weighing of the data and its importance is also a critical step that has to be completed by an experienced staff member so it accuracy on how to use it properly can be achieved.
The current undertaking of a project management case study is an important step to acquiring the necessary data so not only are past mistakes avoided, but to help solve current problems a project manager might face. This is no simple undertaking, but must be completed correctly so the greatest amount of usable information can be attained.