Project Management in Healthcare Essay Example | Topics and Well Written Essays - 750 words

Project Management in Healthcare - Essay Example How can you use Microsoft Excel to assist in project risk management? What other software can help project teams make better risk management decisions?   Microsoft Excel is the perfect software solution for analyzing project risks and financial threats. It offers manifold functionalities to businesses and organizations to devise real-time risk management decisions. It objectively and mathematically computes all financial data and statistics for future analysis. Moreover reliable and detailed matrices, plans and models can be chalked out for sharing and observation. With Microsoft Excel future cash flows can be obtained in present and projected figures can be calculated. Other tools like Aon’s eSolutions can be used to manage project risk management.  Summarize different tools and techniques project managers can use to help them manage project teams. What can they do to manage virtual teams?   Following techniques can be utilized by project managers for managing project t eams.Observation and conversation: Observation and conversation are the best tools to maintain work related relationship and gauge the behavior of project team members. It helps to expedite the progress towards fulfilling team objectives and also resolve interpersonal issues.  Project Performance Appraisals: The critical nature of the project, quality of performance and organizational policy define the level of project performance appraisals. Project team members are continuously managed, evaluated and supervised by their team leads.