Assignment on Managing Projects
Added on 2021-02-20
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Managing Projects
INTRODUCTIONProject is defined as clear or concise tasks or activities which is performed for commonpurpose or to get solution of any critical issues or problems. Mainly, every project is based onkind of universal law which means it is temporary and based on deliverables (Smyth andVanclay, 2017). Moreover, project and its management is essential & critical tasks both to arriveat-least any of the defined results. To perform any project, its important to have correct idea,concept along with techniques to do so. This project will highlighting on ABC Ltd which is oneof the UK largest food or drink retail. They are acquiring DEF Ltd which is well-known for highstreet frozen food retailer. Further, project will try to cover discussion about elements of projectmanagement which is needed to carry out project in an defined manner or way. In this report,focus will be on making discussion about skills and competencies of a project manager, projectlife cycle along with processes of a project evaluation. TASK 11)a. Define the key characteristics of any projectProject is defined as a temporary endeavour undertaken to develop a unique product,service or accomplish any defined results or outcomes. Any project which is started with definedpurpose has capabilities to decides its direction or way to reach out at to the end point of project.Moreover, purpose of the project is to achieve solution to any specified issue or problem. Projectis universally applicable to any context or issues whether technical, legal or activities based rolesor regulation (Salah and Moselhi, 2016). Characteristics of a project such as temporary, uniquedeliverable along with the progressive elaboration helpful to determine its real value. Due toproject, an individual or group of people can apply their available resources to the project toreach at a common benefits. Hence, utilisation of the resources is another characteristics of anygiven projects or activities. b. What is the purpose of the Project Initiation Document (PID)PID is a set of documentation that is collected up creating a project rather than all kind ofan information into the system. The purpose of the project initiation document is to attain &record basic information which is needed to correctly to define or plan any project. PID is also
useful to represents the concise version of any start-ups documents. Majorly, project initiationdocument are used for two main purpose: based on the information of the PID and project whichgives it a clear & concise commitment (Sachdeva and et. al., 2016). PID is most important toartefacts in a project, because it is helpful for foundation of the project. Also, purpose of PID isto record legal preceding which gone to be happen in any project or work. Also, it will be madewith use of right ability or status along with role of ethical consideration. 2)a. What is the Scope Statement for a projectIn order to define scope for ant project, its three key components such as boundaries (anidentification what is included and what is not included in the project), deliverables (output thatproject is expected to gain or produce) as well as requirements (such as interest or requirement ofa project stakeholders) need to be ascertained. In concise way, scope statement is helpful todetails the project deliverables or describe major objectives. Such objectives is necessary toconsists of certain measurable to gather the success of the project. b. What role does the Work Breakdown Structure (WBS) have in such a statementWork breakdown structure (WBS) is one of the way to assign task, keep track of progressalong with ensuring completion of a project (Remington and Pollack, 2016). Project scope ishighly critical for project success and in response WBS is helpful to defines scope of yourproject by consideration of statement of the scope and subdividing the major project deliverablesinto smaller, deliverables and managing package of an activities. Also, role of WBS is to bringsawareness of project among team people and divides or delegated work among them.
3) Plot out a full project Gantt chart and identify the critical path
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