Reward Power Notes: Definitions & Explanations PDF | Download eBooks
Study Reward Power lecture notes PDF with project management definitions and explanation to study What is Reward Power?. Study reward power explanation with project management terms to review project management course for online MBA programs.
Reward Power Definition:
Reward power is defined as the ability to gain support because project personnel perceive the project manager as capable of directly or indirectly dispensing valued organizational rewards.
Project Management: A Systems Approach to Planning, Scheduling, and Controlling by Harold Kerzner?
Reward Power Notes:
Out of all the authorities granted to the project manager, the major one is to command the project team members during the project whenever needed. Usually project managers possess a great deal of authority but no power over his or her team. This results in the use of interpersonal influences by the project manager so that the project team members accept him and his decisions. One of the interpersonal influence is called reward power. Reward power refers to the ability of a project manager to influence the team members regarding issuing commands and orders as the team members considers him to be the one, who is responsible to reward them in any way. The rewards can be bonus, salary, appraisals etc. Due to the reward power, project manager can motivate the team members to perform well.
Keep Learning with Project Management Notes
What is Committed Cost?
In the process of cost control, a cost reporting period is determined. All the actual incurred costs within a cost ...
What is Cost Control?
Besides tracking the actual performance of the project based on completed work, the cost performance also needs to be tracked. ...
What is Issue Log?
Issues and problems during a project are inevitable. As different people work together, or different components of the project interact, ...
What is Assumption and Constraint Analysis?
When a project is planned, some assumptions are made. All the decisions regarding project are based on those assumptions. Assumptions ...
What is Fixed Price Contract?
There are many types of contracts that can be made between a customer and a contractor to carry out a ...
What is Problem Solving Approach?
It is not possible to encounter no issues and problems while carrying out a project. Minor and major, both types ...