Project Management: Initiation Document and Work Breakdown Structure
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Added on  2023/01/13
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This case study discusses the project initiation document and work breakdown structure in project management. It covers the importance of project initiation document, including necessary requirements, and the division of tasks through a work breakdown structure. The study also highlights the budget breakdown and stakeholder analysis.
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Contents INTRODUCTION...........................................................................................................................3 MAIN BODY..................................................................................................................................3 CONCLUSION................................................................................................................................6 REFERENCES................................................................................................................................7 2
INTRODUCTION Project management is based on the practice of initiating, controlling, planning, executing and closing the work of team. In order to achieve the significant goals and objectives. it helps to meet the specific success criteria within specific time intervals. It is mainly covered the time quality, budget, scope and time. It is becoming challenge to optimizes the necessary input where it will generate the accurate output. The report will discuss about the project initiation document for including all necessary requirement in project execution. Furthermore, it will discuss about the work break down structure to divide the task by multiple stakeholders within organization. MAIN BODY Project Initiation document It is based on the documentation plan that will consist the summary of project and identify what are different resources, risk within project (Cakmakci,2019). Title of ProjectTomanagethefacilitiesandservicesfororganizing Olympics event in Manchester. Estimated budget (from brief)For completingtheproject,itshouldbe estimatedthe overall price of event organizing that will take£20k. In the project, it mainly includes resources, equipment cost, location and so on. Start date12-2-2020 Finish date12-5-2020 Project SponsorThe project Sponsored by the higher education institution (HEI) games. Project ManagerSenior management at QAHE Main objectivesThe primary objective of project is to improve the better facilities and services. Inordertoincreasethepopularityinglobal 3
marketplace. Overall suggested approachIt can be defined the proper milestone which provide a brief idea about overall project completion. This type of mile stone will help for identifying initial level to final level. In order to achieve the specific goals and objectives. RiskIn the project, there are different type of risk identified such as financial risk, communication risk, management risk and operational risk. ResourcesThe project is included the essential resources such as manpower, capital resources, software and hardware. Stakeholder Analysis It is a method of determining those people before the project begin such as grouping them. As per participation. Groups of people influence to show interest in the current project. In order to involves within communication for one participant to another. Name of stakeholderInterested in project Project managerIt always intertest in the project for organizing event in other countries for planning and identifying essential resources in event management. CustomerCustomers are shown their interest towards the project where they are checking the availability while attend events. GovernmentGovernment support to give funding so as it become easierforarrangingthebetterservicesinproper manner. EmployeeEveryemployeeisparticipatingintheproject managementwhilemanagerhasbeendividedthe responsibilitiesofeachmembersaspertheir performance. The director of institution that will provide guidance for 4
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Directors implementingstrategieswhichhelpforsuccessfully organized effectively and efficiently. Leaders In the project, leaders are encouraging the other team members to manage and control the overall project in step by step manner. SponsorThey are interested within project so that it provides finding on the fulfill all type of essential requirement in the project. Table:2 Budget break down It will breakdown the overall budget into smaller units. In order to summaries the expected income as well as expenditure of project (Hirman, Benesova and Tupa, 2019). In this way, it can easily estimate the price or cost in project completion. ItemsCosts in ($) Internet cost$2000 Research cost$1000 Software cost$1500 Lab our cost$2500 Electricity cost$3000 Total$10000 Table :1 The budget break-down will help for organiser to control and manage overall project activities. In order to achieve the goals and objectives. 5
Work break down structure It is based on the deliverable oriented hierarchical decomposition of project that can be executed the task by project team (Kerzner, 2019). It must accomplish the project objectives and also create required an appropriate deliverable. Figure1Work break down structure CONCLUSION From above discussion, it has summarised about the project management, which help for maintaining and controlling entire activities of project in proper manner. The report is also covered the time quality, budget, scope and time.In this report, it can be discussed about the projectinitiationdocumentforincludingallnecessaryrequirementinprojectexecution. Furthermore, it also divided different task in the form of work-break down structure where multiple stakeholders within organization. 6
REFERENCES Book and Journals Cakmakci,M.,2019.InteractioninProjectManagementApproachWithinIndustry4.0. InAdvances in Manufacturing II(pp. 176-189). Springer, Cham. Hirman, M., Benesova, A. and Tupa, J., 2019. Project Management during the Industry 4.0 Implementation with Risk Factor Analysis.Procedia Manufacturing. 38. pp.1181-1188. Kerzner, H., 2019.Using the project management maturity model: strategic planning for project management. John Wiley & Sons. 7