Undertake Project Work: Max Lionel Reality and its new implementation programs
Verified
Added on 2023/01/13
|26
|3775
|40
AI Summary
This project aims to build customer goodwill and satisfy legal and ethical obligations for Max Lionel Reality. It includes project brief, scope document, stakeholder analysis, communication plan, and project snapshot.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
BSBPMG522 Undertake project work
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Table of Contents INTRODUCTION...........................................................................................................................1 1.1 Initiation and Scope...................................................................................................................1 Project Brief................................................................................................................................1 Project Scope Document.............................................................................................................2 Stakeholder analysis....................................................................................................................3 Communication plan...................................................................................................................4 Roles and Responsibilities..........................................................................................................5 Project Snapshot..........................................................................................................................7 1.2 Planning.....................................................................................................................................8 Work breakdown Structure.........................................................................................................8 Project Plan.................................................................................................................................9 Key Stakeholder........................................................................................................................10 Schedule....................................................................................................................................10 Resource and cost plan..............................................................................................................11 Project risk................................................................................................................................12 Quality management plan.........................................................................................................12 Communication and reporting...................................................................................................13 Controls.....................................................................................................................................14 Gantt chart.................................................................................................................................14 Activity schedule.......................................................................................................................18 Budget.......................................................................................................................................19 Risk Register.............................................................................................................................19 Project details............................................................................................................................21 CONCLUSION..............................................................................................................................21 REFERENCES..............................................................................................................................23
INTRODUCTION Project management is the practice of initiating, planning, implementing and controlling of the entire work. Therefore, it assist work team in order to meet the defined aim and objectives at specified time. Further, the current study is based upon the case study of Max Lionel reality who wants to build the customer goodwill and for that it have to satisfy the legal and ethical obligation. Thus, the project assist to inform the agents of legal and ethical obligation and different standard or codes which must be followed by company. For that, report will describe the initiation phase which contain project brief, scope document, stakeholder analysis, roles and responsibilities of each stakeholder, communication plan and project snapshot. Further, under planning phase, it describe WBS, project plan, gantt chart, activity schedule and risk register. 1.1 Initiation and Scope Project Brief Purpose and rationale The rationale of this project is to build customer goodwill and also satisfy the legal and ethical obligation by Max Lionel Reality (MLR). For that company inform agents of local and ethical obligation and different standard or codes which must be followed bu an organization. Through this project management, company also inform clients, tenants and potential tenant about the commitments. Project title Max Lionel Reality and its new implementation programs Background and strategic context The project manager assist company to develop the best strategy in order to meet the defined goals and satisfy the needs of customers as well. Further, by using all the key stages of project management, project manager complete the project with specific deadlines as well. Related project Tesco is planning to implemented the same project which assist to meet the demand of customers. Project client Owner of Max Lionel Reality is the owner. Project Sponsor 1
Max Lionel reality Project Manager He is the person who is responsible to manage the project at daily basis Project status The current status of project is about to start and project manager only hire team with high skill that assist to meet the defined aim of the project. Special Provision Data Protection Act of Australia and all the ethical codes which a company should comply. Project Approval Signature is required to proceed for further phase Project Manager: ----------------- Project Sponsor: ------------------ Project Client: -------------------- Others: --------------------------- Project Scope Document In ScopeOut of ScopeAssumptionsConstraints Topromotehigh standardin professionalconduct andalsoinformthe clientaswellas tenantsofMLR's Commitmentswhich in turn assist to build thebrandimageof companyandalso satisfythelegaland It is not easy to contact eachandevery member of company. It is assumed that by informingeachand every task to the team members,theproject managermayeasily attainthedefined goals in better manner. Further,itisalso assumedthatby developingKPIwill also assist to analyze Duringthisstage, projectmanagermay face issue with regards tolimitationoftime and not having enough financial resource. 2
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
ethicalobligationas well.Alsoassist complywithanti- discriminationlawas well. the progress of every task Stakeholder analysis Project stakeholder are individual who are interested in specific project and who will be affected by it at any point along the way, their input directly impact on results. Project leader, consumers, testers, user team, managers and team members are the examples of project stakeholders (Heagney, 2016). The project stakeholders are very important as they provide constraints and requirements based on information from its sector that will be essential to have when comprehension project risks and constraints. The more manager include and engage project stakeholder, the more they will uncover and reduced risk on work which is quite beneficial. NameWork areaStakeholder TypeImpact on/ by project requirement,success criteria Project sponsorProject Sponsor is the personwhoactually provides resources and support for the project inordertoreachat further level of success ExecutiveCreatesdirectimpact upon the project and if they did not take care of project, then it will leadstodelaythe overall project Project ClientProjectclientisthe initiatorwhomake decisionandalso providingthe necessary resources as well. ClientCreatesmedium impactuponthe project because project managergenerally consultwithother stakeholder as well in 3
ordertomanagethe work Project managerHe is professional in thisfieldandis responsiblefor planning, procurement as well as execution of the entire project. Also makesurethatthey control the risk as well asminimizethe uncertainty too. Internal stakeholderCreateshugeand direct impact upon the project because project manager is responsible forplanningand managing the work Project teamThey are the key part of project because they assisttheprojectfor itscompletion. Perform the role which is delegate by project manager. Internal stakeholderCreatesdirectimpact upon theprojectand throughregular meeting, they come to knowaboutthe success of project Steering committeeDecides the priority of eachtaskandalso support team members fortakingbetter decision Internal stakeholderCreateslowimpact upon the project. Communication plan WhatWhoPurposeWhen/ frequency Type/ Method Meeting InitiationAllthe stakeholderare Aim is to collect informationso BeforeprojectThrough meeting 4
involvethatdecisionare further taken start Distribute project initiation plan Entire teamIn order to let all thestakeholder knowabout purposeof developingthis project Beforekick-off meeting Throughhard copy or mail, post onproject website Project Kick-offAll stakeholderDelegateroles and responsibilities(B utt,Naaranoja andSavolainen, 2016) At starting dateThrough Meeting Status reportInprojectoffice allstakeholder are involved Updateeach member about the progressof project Can be at weekly basis or whenever required Distributereport in meeting or post in website Team meetingsWholeteam members Toscheduleany taskandcheck the progress Regularlyor weeklyasper requirement Meeting Sponsors' meeting Onlyproject managerand sponsor Update the status ofprojectand takingapproval for any changes Regularlyor weeklyas required Meetings Roles and Responsibilities RoleNameResponsibilitiesSignature Project ClientMr. Jones SmithProjectclientis 5
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
responsiblefor articulating the details of entire project i.e. goals, objectives,specification andoutcomes.Another roleistoapprovethe projectplan,requestor anychanges,releasing paymentsandaccepting the final deliverable. Project sponsorMr. Roshy ClainProjectsponsormake sure that all the resources are in place and they also holdoverall responsibility of project's success.Heisalso responsible for direction andguidanceforthe projectempowerment andalsoevaluatethe project'ssuccesson completion(Hopkinson, 2017). Project ManagerMr. Kelvin ClubImportantpartofthe project who organize and motivatetheproject team.Healsodelegate therolesand responsibilitiestotheir project team. 6
Manager of the project Manager Mr. Robert EistenManagerofproject manager report to project manageraboutprogress of work and and analyze aswellasmanaging project risk too. They are alsoresponsiblefor makinganychange duringanystageof project management. Project team membersCoreteamof5 member Projectteammembers contribute to all project objectives and work with usersinorderto determinethebusiness needs as well. Steering committee6 personTheyprovideadvice about the changes to the project and also support, guidance and supervision ofprogress.Moreover, theyalsoprovide strategic direction to the team in order to proceed for right direction. Project Snapshot It summarized the main purpose of the project, its deliverable, stakeholder and resources, risk as well as success criteria. Thus, for the current project, it is as mention below: Project Snapshot 7
Name of project:Max Lionel Reality and its new implementation programs Project Purpose: The main goal of the project is to build the customer goodwill and also satisfy the legal and its ethical obligation which in turn assist to raise the brand image of the company with global presence. Working on this, will also provide an opportunity for Max Lionel Reality to enhance the overall brand image and also attract new customers as well. Deliverable with time frames Inordertoattaintheprojectaim,project managershouldstarttheprojectfrom25th February onward by allocating each task with its deadline. Stakeholder For this project, Project sponsor, project client, project manager and project team members are involves who create direct impact upon the project. Resources Cash-flows Human Resource Equipment Software Risks For this project, project manager may faces different risk such that resource limitation, not meet with deadlines, financial risk, technology issue and complying with legal laws Inter-dependencies There is no dependability of the project with any other project Success Criteria By using Benchmarking, project manager may easily analyze whether the criteria are met or not. 1.2 Planning Work breakdown Structure Level 1Level 2Level 3 Initiation Hire team Assignrolesand 8
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
responsibilities Project Schedule Basic requirement Stakeholder identification Determineroleand responsibilities Regular meeting Make changes a per required Planning Budget Develop timeline Select material and resources Budget allocation Risk identification Different types of risk Alternativemanagement strategy Determinetheperson responsible 9
Project Plan Assumptions It is assumed for this project, that it will help to attract large audience and also raise the brand image of the company. Moreover, new codes of ethics and legislation are also implemented which assist to smooth functioning of a business. Constraints The main limitation of the project is time constraint because it will leads to delay the project. Further, compliance with legal term is also consider another issue for the project and it affect in negative manner. Deliverable The main outcome of the project is such that Max Lionel Reality may meet the demand of 10
customers and also raise the brand image of the firm as well. Key stakeholder Project client/owner Project sponsor Project Manager Manager of the project manager Project team members Key Stakeholder The key stakeholder are same as mention in project proposal. Schedule ItemMilestoneResponsibilities Hire team3/30/20Projectisresponsiblefor hiringateambecauseitis necessarytoselectthebest team who posses strong skill. Stakeholder identification4/20/2020To identify the key stakeholder fortheprojectisquite necessaryfortheproject manager because it will assist tomanagetheworkand providesupportforthe betterment of work. Budget5/10/20To determine the exact budget to complete the project is also necessary. That is why, project managerneedstoselectthe approxamountinorderto meetthedefineaimand 11
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
objectives. Risk Identification5/28/20Project manager and manager ofprojectmanageris responsibleforidentifythe risk and after analyzing risk, proper management strategies should be implemented. Resource and cost plan DeliverableResourceCost Assisttomeettheaimand objectivesoftheproject. Humanresourceisthecore team of the project. Human resource$52 Itistheitemwhichare requiredbytheproject manager such that technology, software etc. Equipment$56 It is the raw material which are needed for the completion of project Material$40 Itistheamountorcapital whichrequiredtomake project successful Financial resource$360 Project risk RiskLevelManagement Strategy 12
Limitation of resourceHighProject manager make sure that it have substitute of each resource. For instance, there may be chances that any human resource may fall ill, at that time, project Manager should substitution. Not meet with deadlineHighIn order to cope up with this risk, project manager should use Key performance indicator in order to identify the success at regular basis Low Financial resourceMediumProject Manager should allocate the budget and then take where the money is invested.This regular activity leads to manage the issue. Technology constraintsLowSuddenerrorintheInternetandproject management system will lead to cause affect the entire project. That is why, project manager must have substitute of all software. Legal constraintsMediumMake a register in which all the necessary laws and legislationaremention.Thenprojectmanager shouldmakesurethattheycomplywithall necessary legal constraints Quality management plan Item from WBSAgree quality standardsRecovery procedure Hire teamMake sure that all the selected team members are skilled and easily understand the roles and responsibilities assigned by the project manager (Rees, Ashley and Cameron, 2019). Recruitment process should be enhanced Stakeholder identificationMustpossesastrong knowledge and they have good Through stakeholder mapping 13
vision in order to determine anyriskwhichmaycause delay the project BudgetEffectivebudgetshouldbe identifywhichassistto completetheproject.Also, makesurethatcontingency (+10%) is allowed. May use register and allocate budget for each resource Risk identificationAlltypeofriskshouldbe definedandproper managementplanningshould beimplementedinorderto minimizeriskwithinthe project (Uzulāns, 2016). Use risk register plan Communication and reporting StakeholderInformation requiredWhen requiredFormat Project SponsorProjectsponsor requiredfinancial foundationandother information related to it, that help to carry outwork,produce deliverableand achieve objectives. It required information beforestartingthe projectandconduct practices. Through paper Project ClientProjectclientswants overallproject description,itsidea and concept to identify thegoalsarematch Atthebeginningof project. Hard copy or through website 14
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
with their expectations ornot(Leidner, Nugent,T., Nourbakhsh and Shah, 2016). Project ManagerProject manager want to get the information about when all the task will be completed and how many people are workingonit.They wantinformation aboutscopeand success of work. All the timePost on website Project TeamProject team required knowledgeabout objective of work and itsaimtoperform accordingly. Before participating in project. Through notice or post on website Controls In order to track and monitor the entire project, project manager should make proper status report which analyze the current status of each task. On the other side, project manager also make exception report in which manager draw expected deadline through which specified task should be completed. In addition to this, issue or risk log is also generated which helps to examine the overall risk which may cause negative impact upon the project. Further, for controlling, project manager also make variance request through which he may easily determine the deviation which cause delay the project (Webb, 2017). Gantt chart Acti123456789101112131415 15
vity Set up proj ect goal s Iden tify the obje ctiv es Hire tea m Assi gn role s and resp onsi bilit y Iden tify the basi c 16
requ ire men t relat ed to law s Stak ehol der iden tific atio n Det erm ine the pro gres s Bud get allo cati ng Det erm 17
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
ine risk Con duct mee ting Dev elop strat egie sto man age risk Task ModeTask NameDurationStartFinishPredecessors 1Set up project goals7 daysMon 2/24/20Tue 3/3/20 2Identify the objectives7 daysWed 3/4/20Thu 3/12/201 3Hire team14 daysFri 3/13/20Wed 4/1/201,2 4Assignrolesand responsibility14 daysThu 4/2/20Tue 4/21/203 5 Identifythebasic requirementrelatedto laws 21 daysFri 3/13/20Fri 4/10/201,2 6Stakeholder identification14 daysThu 4/2/20Tue 4/21/201,2,3 7Determine the progress14 daysWed 4/22/20Mon 5/11/205,6 8Budget allocating14 daysWed 4/22/20Mon 5/11/206 9Determine risk14 daysTue 5/12/20Fri 5/29/206,7,8 10Conduct meeting14 daysMon 6/1/20Thu 6/18/209 11Developstrategiesto manage risk14 daysFri 6/19/20Wed 7/8/2010 18
Activity schedule Phases and Activity Responsib ilities ResourcesEffortsStartedDeadlinesActually completed Comment s Setup project goals Project manager -1682/24/203/1/20YesCompleted work Hire teamProject manager Material, equipment 1683/13/204/1/20YesCompleted work Basic requireme nt Project manager Human resource 3363/13/204/10/20YesPartially identified Stakehold er identificati on Project manager and sponsor -3364/2/204/21/20YesIdentified all stakeholde r 19
Progress analysis Project manager -5044/22/205/11/20NoDidnot regularly analyses the progress Determine risk Project manager Human resource 3365/12/205/29/20PartiallyMostof therisk are identified butsome are pending Budget Projectname:MaxLionelRealityanditsnew implementation programs IncomeInc. GST ($)Ex. GST ($) Sales281600253440 Total Income28160253440 ExpensesInc. GST ($)Ex. GST ($) Marketing27502500 Stationery462420 Hire project team28162560 Subtotal275772247960 Contingency (+10%)2757724796 Total303329299756 20
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Risk Register RiskLikelihoodImpactRisk ResponsesResponsible Limitationof resource MediumHighThere must be a substitutionof every resource so thatitwillnot take more time. ProjectManager andManagerof project manager Notmeetwith deadline HighHighDevelopKPIin orderto determineeach taskprogress status Project team and Project Manager LowFinancial resource MediumMediumMakesurethat thebudgetis properly distributeto othersandthey allusedit accordingly (O'Har,Senesi andMolenaar, 2017). ProjectSponsor andProject Manager Technology constraints LowLowProjectmanager musthavetwo technical engineer whomayeasily solve the issue of technology constraintsand helpsin Projectteam especially technical engineer 21
smoothingof project. Legal constraintsMediumMediumDevelopa registerwhich containalistof all necessary laws in order to make surethatproject managercomply withthedefine laws. ProjectManager and Project Client Project details Project Details Project name: Max Lionel Reality and its new implementation programs Project Manager: Mr. Kelvin Club Risk Details Risk ID: 2 Raised by : Manager of the Project Manager Description of Risk Lack of financial risk and not meet the specific deadline for the project which in turn affect the overall project in negative manner Likelihood of Risk:High Impact of Risk: High Risk Mitigation Preventative actions recommended: Proper allocation and also take action Contingency actions recommended: 22
Proper delegation of the budget which helps to determine exact financial resource which is required. Approval details Supporting documentation Signature Date CONCLUSION By summing up above, it has been concluded that through proper meeting and sending important information to the stakeholder, project manager may easily manage the work and complete the define aim and objectives in better manner. Further, report also concluded that through effective communication plan, project manager analyze the progress of work. Also, study concluded that by analyzing the risk and in order to manage the risk, project manager should use risk register that help to meet the define aim and objectives. 23
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
REFERENCES Books and Journals Butt,A.,Naaranoja,M.andSavolainen,J.,2016.Projectchangestakeholder communication.International Journal of Project Management.34(8). pp.1579-1595. Heagney, J., 2016.Fundamentals of project management. Amacom. Hopkinson,M.,2017.Theprojectriskmaturitymodel:Measuringandimprovingrisk management capability. Routledge. Leidner, J.L., Nugent, T., Nourbakhsh, A. and Shah, S., Thomson Reuters Global Resources ULC, 2016.Risk identification and risk register generation system and engine. U.S. Patent Application 15/181,194. O'Har, J. P., Senesi, C. W. and Molenaar, K. R., 2017. Development of a risk register spreadsheettoolforenterprise-andprogram-levelriskmanagement.Transportation research record.2604(1). pp.19-27. Rees, S., Ashley, M. and Cameron, A., 2019. North Devon Marine Pioneer 2: A Natural Capital Asset and Risk Register. Uhl, A. and Gollenia, L. A. eds., 2016.A handbook of business transformation management methodology. Routledge. Uzulāns, J., 2016. Project Risk Register Analysis Based on the Theoretical Analysis of Project Management Notion of Risk.Economics and Business.29(1). pp.43-48. Webb, A., 2017.The project manager's guide to handling risk. Routledge. 24