Project Management Report for ABC PLC's Acquisition of DEF Ltd.

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RUNNING HEAD: PROJECT MANAGEMENT
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2019
ABC PLC
System04115

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Project Report
Table of Contents
Task 1.........................................................................................................................................3
Q1...........................................................................................................................................3
Q2...........................................................................................................................................3
Q3...........................................................................................................................................4
Q4...........................................................................................................................................4
Q5...........................................................................................................................................5
Q6...........................................................................................................................................5
Task 2.........................................................................................................................................7
Introduction............................................................................................................................7
Purpose of Acquisition.......................................................................................................7
Skills...................................................................................................................................7
Background and Objectives...................................................................................................8
Scope..................................................................................................................................8
Applicable Conditions........................................................................................................8
Cost....................................................................................................................................8
Performance.......................................................................................................................8
Performance period Requirements.....................................................................................9
Risk....................................................................................................................................9
Acquisition Streamlining...................................................................................................9
Plan of Action......................................................................................................................10
Competition......................................................................................................................10
Source Selection Procedures............................................................................................10
Acquisition Considerations..............................................................................................10
Budget and Funding.........................................................................................................10
Corporate Governance.....................................................................................................11

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Project Report
Government Finished Information...................................................................................11
Security Considerations...................................................................................................11
Acquisition Cycle Milestones..............................................................................................11
Control Measures.............................................................................................................13
References............................................................................................................................14

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Project Report
Task 1
Q1
A project must have the following characteristics in order to be effective.
Specific: For a project to be effective it should be appropriately planned by the internal team
members as well as the external sourced such as consultants. A proper analysis should be
made to evaluate various details such as structure, cost, goal and shortcomings of the project.
Measurable: The projected should evaluate both monetary and non-monetary terms of a
project. If a project is properly measured, it enables the team members of the project in
overcoming the shortcoming of the project.
Achievable: A project should be designed with a realistic approach. If it is too ambitious, it
can inflate the cost of the project and can even affect the morale of the team members.
Relevant: A project should carry a certain benefit to the concerned company. It can either
help the entity in minimising the cost of the project or improve the efficiency it.
Time: Certain time bound should be planned for the completion or execution of the project.
Q2
The scope statement of a project describes various aspects of the project such as deliverables
and boundaries of the project. An effective scope statement must define the following scope
of a project:
Justification: It contains the need or the purpose of the project.
Product Scope description: It layout the essential that are required to be carried before the
initiation of the project.
Acceptance: These includes the project conditions that are to be fulfilled before any
deliverables
Deliverables: They are the objective or the purpose for which the project was designed.
Exclusions: It defines the dos and don’ts of the project.