logo

Managing Projects Assignment (Doc)

   

Added on  2020-10-05

18 Pages4261 Words430 Views
MANAGING PROJECTS

Table of ContentsINTRODUCTION...........................................................................................................................3MAIN BODY...................................................................................................................................3TASK 1............................................................................................................................................3Characteristics of the Project.......................................................................................................3Stages in Project Management.....................................................................................................4Intention of Project Initiation Document (PID)...........................................................................5Importance of knowledge areas of Project Management.............................................................6Attributes or characteristics of Project Manager.........................................................................7Purpose of stakeholder analysis and its importance in Project Management..............................8Corresponding network diagram and critical path.......................................................................9TASK 2..........................................................................................................................................10Case Study & Application of Key stages in Project Life Cycle................................................10CONCLUSION..............................................................................................................................14

INTRODUCTIONThe project's success and failure is actually determined by the management of project.There are different guidelines and procedures for the various activities of the project. Theexamples of different projects can be development of new products and services, construction ofany facility or building, renovation of kitchen or house, designing of transportation vehicle,getting any new or modified or altered data system, organising the meetings or implementationof new or modified business process. The present assessment report explains about the key characteristics of project and its keystages. Knowledge areas of the project management and attributes or characteristics of theproject manager are also briefly explained. Purpose of stakeholder analysis and its importance inthe project management is explained in the report. Further the report explains in detail about thedevelopment of an Information System (IS) and application of key stages of the project life cycleis done. MAIN BODYTASK 1Characteristics of the ProjectProject can be defined as series of tasks or activities which have specified goals to beaccomplished within the specified time and also specified specification. The features of theproject can be explained as:Temporary: Any project has the finite beginning and ending dates. The start time ofproject is when projects are initiated and development of concepts is done. And when thegoals and objectives of projects are met, it is considered as the end of the project (Petriand et.al., 2018). Thus, any project is temporary in nature having start and end dates. Theprojects are also limited by the available resources.Unique Deliverable: The projects aim at producing some specific deliverables that caninclude product, services or any other result. The unique deliverables focuses onaddressing a problem and these deliverables are also need to be analysed before startingthe project (WHAT IS A PROJECT? – DEFINITION AND KEY CHARACTERISTICS,2019).Any project may also involve risk because of various elements of the risks.

Progressive Elaboration: Progress of any project includes constant inquiry and alsocontinuous improvement and this is considered as an important characteristics as thisallows development of more comprehensive and accurate plans. This characteristics ofproject ensures that there is successive iteration of planning procedure which bringseffective results for the development of accurate and effective solutions for the projectprogress and development. Stages in Project ManagementThe project management means that the practice of initiating, plans, executing, controland closure the work of group for achieving the particular targets and also achieving specifiedsuccess criteria at the particular time. The main and central challenge for any projectmanagement is for accomplishing all the goals of project management within the specifiedconstraints. Project Initiation: The objective of this stage is to briefly define the project at wide levelas this is the start of project. At this stage, value and feasibility of project is measured.The project manager uses different evaluation tools for deciding if to engage with theproject or not. The different evaluation tools can be: business case document andfeasibility study.Project Planning: This is needed for guiding and directing the project team and also tokeep team on budget and time track. The well-written and structured project plan isrequired for providing guidance regarding resource obtaining, acquiring, procuring andfinancing of the required materials. Overall the project planning stage provides directionIllustration 1: Project Management stages

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Managing Projects Assignment - Case Study
|11
|3842
|367

Managing Project: Characteristics, Stages, and Importance of Feasibility Study
|15
|3834
|85

Assignment on Project Management Sample
|21
|3186
|197

Managing Projects Assessment (EAS)
|12
|3815
|39

Business Management
|15
|4274
|29

Managing Projects: Key Characteristics, Scope Statement, Budgeting, Risk Minimization, Quality Methods, and Gantt Chart
|17
|3963
|58