Think about how this challenge (Resource Conflicts and Multitasking) may have affected you while serving as a project member or part of a team. Define the concept you selected in your own wordsDescribe your experience as it relates to the concept.Share what you learned from this comparison of your experience as it relates to project management. ✓Problem 3: Resource Conflicts and MultitaskingMost projects operate in a multiproject environment. This environment creates the problems of project interdependency and the need toshare resources. For example, what would be the impact on the labor resource pool of a construction company if it should win a contractit would like to bid on? Will existing labor be adequate to deal with the new project-given the completion date? Will current projects bedelayed? Will subcontracting help? Which projects will have priority? Competition among project managers can be contentious. Allproject managers seek to have the best people for their projects. The problems of sharing resources and scheduling resources acrossprojects grow exponentially as the number of projects rises. In multiproject environments the stakes are higher and the benefits orpenalties for good or bad resource scheduling become even more significant than in most single projects (Mortensen & Gardner, 2017).Resource sharing also leads to multitasking. Multitasking involves starting and stopping work on one task to go and work on anotherproject, then returning to the work on the original task. People working on several tasks concurrently are far less efficient, especially whereconceptual or physical shutdown and start-up are significant. Multitasking adds to delays and costs. Changing priorities exacerbate themultitasking problems even more. Likewise, multitasking is more evident in organizations that have too many projects for the resourcesthey command.The number of small and large projects in a portfolio almost always exceeds the available resources. This capacity overload inevitably leadsto confusion and inefficient use of scarce organizational resources. The presence of an implementation gap, of power politics, and ofmultitasking adds the problem of which projects are allocated resources first. Employee morale and confidence suffer because it isdifficult to make sense of an ambiguous system. A multiproject organizational environment faces major problems without a priority systemthat is clearly linked to the strategic plan. See Exhibit 2.2, which lists a few key benefits of Project Portfolio Management: the list couldAa

Note: The answer has been provided in a generalized manner.In the unique scene of undertaking the…

Think about how this challenge (Resource Conflicts and Multitasking) may have affected you while serving as a project member or part of a team. Define the concept you selected in your own words Describe your experience as it relates to the concept. Share what you learned from this comparison of your experience as it relates to project management.

Think about how this challenge (Resource Conflicts and Multitasking) may have affected you while serving as a project member or part of a team. Define the concept you selected in your own words Describe your experience as it relates to the concept. Share what you learned from this comparison of your experience as it relates to project management.

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 21P

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