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Project Initiation Documentation

   

Added on  2020-10-22

15 Pages4185 Words161 Views
Project Management

Table of ContentsINTRODUCTION2TASK 12Project initiation documentation......................................................................................................2Stakeholder analysis.........................................................................................................................3TASK 26Risk Register....................................................................................................................................6TASK 39Work Break Down Structure............................................................................................................9TASK 411Short Report...................................................................................................................................11CONCLUSION12REFERNCES13

INTRODUCTIONProject management is defined as the practice of initiating, planning, organising,executing, directing and controlling the work of the team so as to meet the specific goals andsuccess at specified time schedule. Overall primary challenge of project management is toaccomplish the goals of the project within a given constraints. This specific project is abased onan event which is being carried out by QA Higher Education for completed refurbishment andfor advertising about the university so as to attract large number of students and to makeuniversity more competitive (Conforto and et.al., 2016). This assignment focuses on projectinitiation document and about the analysis of stakeholders, risk register and about the work breakdown structure. Lastly,a short report is also being given in this file about the event to sponsorsfor invest in event.TASK 1Project initiation documentationProject initiation document is term to be one of the most important aspect of projectmanagement which forms the basis for the project of an organisation (Gauthier and Ika, 2012).It can also be said that it is term to be a referencing point during the entire project for the entireproject team and for the clients as well. So a project manager firstly a project initiation documentis being prepared for carrying out effective event and it mainly includes, budgetary information,objectives, key staff, stakeholders analysis, approach and about the time scale.Project initiation documentProject TitleLaunching eventEstimated budgetManaging director provided approximately£50,000 for launching an event that is to becarried out for publicising refurbishment ofteaching rooms and computing labs (Glukhov,Ilin and Levina, 2015).Brief break down about money will be spentVenue: £30,000Catering:£7,000Entertainment: £3,000Decoration and lightning: £4,000

Equipment purchase and for repair andmaintenance: £6,000Start date1st SeptemberEnding date8th SeptemberProject sponsorUniversity Managing DirectorProject managerABC..Objectives( It is term to be the short list of keybusiness reasons why the project is beingcarried out)To attract more studentsTo make university more competitiveTo publicise between all students likeBirmingham, Manchester and London.To ensure that every classrooms fit forteaching in 21st century along with therequired equipments (Greiman, 2013).Overall suggested approach(It all about howthe main objectives are to be achieved)PRINCE 2 approach is being used to achievethe targeted objectives.Risk involved in projectPerformance risk, Cost risk, Strategic risk,Schedule risk, Operational risk, technologicalrisk are associated with external hazards(Hällgren, 2012).Stakeholder analysisIt is an important analysis technique which is being applied for stakeholder identificationand for analysing their needs. It can also be aid that it is used to identify all the key stakeholderwho have rendered their interest in the issues with which the project is being concerned about.Therefore given below is the analysis of the stakeholder those who are involved in the launchingof event (Johansen, Eik-Andresen and Ekambaram, 2014).Stakeholder analysisStakeholdersReason behind their interest in thisproject.Things which are needed todone for looking out the keystakeholders.Internal and ExternalInternal stakeholders:It mainly includesProject manager must ensure

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