Project Objectives •The objectives of the CMP project are indicated as follows- To implement a web system that will be capable of performing the essential functions which include student administration and course management To complete the project within 17 September 2020 To secure funding of the project from Enterprise Singapore
Project Priorities •The priority of the undertaken CMP project is indicated in the project priority matrix below- TimeScopeCost Constrai nt X Enhanc e X AcceptX
Project Priorities (cont..) •The priority Matrix indicate that the time allocated for the project is the major constraint •The scope of the project can be enhanced by effective project planning •Any changes in the cost of project is needed to be accepted since the time allocated for the project cannot be compromised.
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Changes in Schedule •Changes in the project schedule is observed in CMP project. •If the project is scheduled without considering the issue of resource over- allocation, it was possible to complete the project within 16 September •However, while solving the problem of resource allocation the end date of the project changed to 29 September.
Changes in Schedule (Cont..) •However, the project could not be delayed that further and hence project was accelerated •To accelerate the project, certain changes in the resources are made. •As a result the end date of the project is accelerated to 18 September 2020
Contributing Events •The main contributing event to the schedule changes that are observed in the CMP project is the problem of resource over-allocation . •The changes in the schedule is observed while trying to level the resource. •The need of accelerating the project further contributed to changes in schedule
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Cost Overrun •Cost overrun in a project can occur due to unexpected incurred cost •There were certain cost overrun in the project •The cost overrun was associated with increase in the duration of the activity of Software Development •Also, there was an unexpected increase in the network cable cost and cost of computer system
Contributor of Cost Overrun •The main contributor of cost overrun was increase in the duration of a particular activity •The increase in the material cost further added to the problem of cost overrun •Incorporation of ad hoc admin and temp engineer for substituting PM and Siti further resulted in a marginal cost overrun in the project
Lesson Learnt •The successful execution of any project is subjected to development of an effective and feasible project plan. •It is quite integral to correctly set the project priorities to develop a realistic project plan •Resource over allocation problem in a project are needed to be solved to ensure successful project execution
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Suggestion •On basis of the ECA report developed, the following suggestions can be made for future projects- It is necessary to keep a contingency plan for managing the resource risks in a project Project crashing process can be implemented to accelerate similar projects in future