Project Management and Innovation Strategies

The assignment provided is a detailed report on project management and innovation strategies. It includes a project plan with data collection, customer feedback, and risk management techniques. The report also discusses work breakdown structures, Gantt charts, network planning, and effective communication skills. Additionally, it highlights the importance of regular meetings to create innovation and improve project loops. The document provides references to various books and journals related to project management and innovation strategies.

EMERGING
TECHNOLOGIES AND
INNOVATIONS

Table of Contents
INTRODUCTION...........................................................................................................................1
PROJECT PROPOSAL AND PLAN .............................................................................................1
WORK BREAKDOWN STRUCTURE..........................................................................................1
GANTT CHART.............................................................................................................................2
Project management plan on implementing advance technologies........................................4
PROJECT BLOG ON IT.................................................................................................................5
WEEKLY PROGRESS REPORT...................................................................................................6
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................9

INTRODUCTION
A detailed description of the activities in series which are aimed to solve a certain
problem is project proposal (Savage, J., 2016). A written document sent to a particular client in
order to obtain a specific job. Any proposal which has some details to do or achieve something is
plan. A key project deliverable that helps to organise the team work into manageable sections is
work breakdown. A chart of horizontal lines that are shown to complete the production in certain
period for a certain amount of work in the planned days is Gantt chart.
PROJECT PROPOSAL AND PLAN
In the first step it is identified that what the actual problem is and the rough vision is
prepared to solve the problem faced in IT Projects management plan. Logical framework is made
to understand the structure of the ideas proposed for the project for systematic working. In
second step to manage IT Projects plan it is necessary to find the sources of fund for the project
plan. The third step is to build IT projects proposal by the team leaders which will be advisable
to assign the lead role to one specific person. The proposal should be effectively communicated
for regulation and better results (McLeod, H., 2016). The fourth step taken is to discuss and
develop the proposal plan for small team in IT projects. The outsiders such as stakeholders or the
other specialists helps to find the loop poles in the plan for the improvement.
WORK BREAKDOWN STRUCTURE
Work breakdown is structure used to manage IT projects into smaller components for
better understanding of the project plan. This structure helps to manage the team work by proper
knowledge about the topic. The elements of work breakdown structure are products, data,
services or any combination of these. This also provides the necessary framework for detailed
cost estimating and controlling the schedule's development (Haberl & et.al., 2016). The
breakdown structure also helps in planning of natural development of IT projects. The structure
permits in summing of subordinates cost of task, materials, etc. into their IT projects. The
development of work breakdown structure occurs at the start of any project and involves the
working details of project and the task planning. It helps in assigning the responsibilities to the
worker to work more effectively on IT projects. Construction of the work breakdown structure
should have done with help of expertise of the subject.
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GANTT CHART
Gantt chart is the type of bar chart that is used to schedule IT projects. This also known
as project management chart for any project. This chart helps to know the finish and the start
date of any project. It also helps to know the present status of the project in the company. It is
most popular and useful chart which shows the daily or weekly activities of IT project on the
time bases (Azhar & et.al., 2017). The list of activities are kept on the left of the chart along with
suitable time frame. All activities are represented by bar, the position and the length of the bar
shows star date of IT projects and also denotes the duration of end date of the activities. These
charts are majorly used for the tracking projects scheduling. In these chart some additional
information about the task or the projects can be edited. These charts are prepared in Excel on
daily bases.
Task Mode Task Name Duration Start Finish Predecessors
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Illustration 1: Work breakdown structure of IT
Source: (Kukhnavets, 2016)

1 Defining project plan 5 days Wed 8/30/17 Tue 9/5/17
2 Background and rationale
plan 3 days Wed 9/6/17 Fri 9/8/17 1
3 Literature review 6 days Mon 9/11/17 Mon 9/18/17 1,2
4 Finalised objectives 2 days Tue 9/19/17 Wed 9/20/17 2,3
5 Develop resources 4 days Thu 9/21/17 Tue 9/26/17 3,4
6 Gather data 5 days Thu 9/21/17 Wed 9/27/17 4
7 Examination of data 6 days Thu 9/28/17 Thu 10/5/17 5,6
8 Findings 1 day Fri 10/6/17 Fri 10/6/17 6,7
9 Recommendation 5 days Mon 10/9/17 Fri 10/13/17 7,8
10 Final implementation 2 days Mon 10/9/17 Tue 10/10/17 8
Illustration 2: Gantt chart
Illustration 3: Network planning
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Project management plan on implementing advance technologies.
Step : 1 discussion and explanation of the project plan and it components to the
stakeholders : project planning is a set of living documents that can be expected to change as per
the project.
Step : 2 Roles and responsibilities of an individual : many people are involved in project
planning. Project sponsors, project manager, project team, end users, stakeholders, etc should be
present in the planning to give some new and innovative ideas in developing of IT projects.
Step : 3 Meeting : Roles and responsibilities of the each worker in the project should be
clear. Difficulties in the project understanding or vision of project not clear to the employees
should be discussed (Soltanizadeh & et.al., 2016).
Step : 4 Need of planning : Project objective should set in the starting of planning. The
benefits for completing the project in time should be explained properly to the employees.
Step : 5 Scope of planning : There is a need to develop a scope statement, they need to be
developed into a work break down structure. The lower level is called work package and can be
numbered to correspond in the activities.
Step : 6 Schedule and cost of plan : Estimation of cost of resources, using the hourly rate
and the estimation of complete task after identifying activities needed to be produced.
Step : 7 Setting deadlines to complete project : All these management plans includes
review and approval process for modifying the plans. New request in change scope, schedule,
budget in modifying the project is needed to improve.
Step : 8 Staffing plans : The plan chart in which time periods such as months, quarter,
year in that resources will come to leave the project (Das & et.al., 2017). This is similar to other
project charts such as Gantt chart, but does not show finishing and starting the dates of the task.
It only shows the time period and resources utilised in the project.
Step : 9 Ensuring the quality of risk involved in project : It helps to estimate the quality
of project. The emphasis on project quality is done to avoid the rejections and errors in the
project. The quality of the project decides responsibilities to be performed by the worker in the
task. It also helps to reduce the risk of the project.
Step : 10 Effective communication : This is the most important aspect of project planning
because effective communication helps to understand the plan easily which helps to finish it on
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time. Effective communication helps to know which report is needed by whom and when. It also
helps to know where the information of the project will be stored.
PROJECT BLOG ON IT
Project management tips : In this type of blog there are different range of project
management topic has been framed at one time. Such blogs cover the trending market at a certain
time. Interesting questions are asked about the project to work on it.
Project lab : the project lab is the best place to visit when someone wants to get the
information about the project management related to studies. A study is done to reduce or to
meet the challenges to manage the project.
Guide to manage the project : The collection of articles or the data to manage the project
should be proper. The hub of resources is created to learn about the project and its management
while teaching others.
Work zone : This is al about showing us the easy way to manage the project. They cater
for all sorts of companies and industries related to IT sector. If the industry is unique it needs to
set tips and tools to manage the projects.
A website to be made to update the customers : The project management tutorials are
given to understand and make new projects for IT sector. The tutorials are given to watch the
quick information on how the day to day performance of the tasks are going.
Basics for project management :It helps to manage the project in time. IT also helps to
get easy access to the information collected.
Better projects : The project management helps to make good projects. Better project
helps to manage effective strategies to be in the market for longer time.
WEEKLY PROGRESS REPORT
NAME :
PROJECT TITLE : Emerging Technologies And Innovations
WEEK NO. : DATE :
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PLANNING : Planning to introduce new and innovative technologies according to the
trend and requirements of the market.
 Meeting with the stakeholders.
 Setting the prioritise to achieve goals.
 Creating Project schedule's
 Identification of issues and management of risk.
 Presentation of the project plan to the stakeholders.
MILESTONE : PLANNED : ACTUAL : COMMENT :
 Data
 Customer
Feedback
 Tactics To
Manage
Projects
 Risk
Management
 Development
And
Innovation
According To
Demand.
Collection Of Actual
Data And Information.
Customer
Requirements.
Activities.
Fake Information.
Negative Customer
Feedback.
ISSUES : Cost
Schedule
Legal
Political
DESCRIPTION : DATE : ACTION/ RESULTS : FINISHED (Y/N) :
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CONCLUSION
From the above report it is concluded that, the stakeholders are not only the major people
in project management. The major elements are data, product, etc. the Gantt chart, work
breakdown structure, and project proposal plan is discussed in the case. The project management
importance, role responsibilities of project manager, project team, project sponsor, etc are been
explained. The scope and development of IT project are discussed and explained. The cost
reduction and schedule for managing of projects are described in the report. The risk
management and staff planning with effective communication skills are discussed. The network
and the Gantt chart presentation is explained above. The regular meeting of the employees
should be kept to create innovation and improve the loop poles of IT projects.
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REFERENCES
Books and Journals
Savage, J., 2016. Route through project plan no resume.
McLeod, H., 2016. Hospice New Zealand Data Project Plan.
Haberl & et.al., 2016. Quality Assurance Project Plan for Computation of Creditable Statewide
Emissions Reductions.
Azhar & et.al., 2017, April. The fundamental business strategy for state owned mobile provider
company enter the regional market community. In Information Management (ICIM), 2017 3rd
International Conference on (pp. 16-20). IEEE.
Das & et.al., 2017. Corporate Sustainability as a Business Strategy in SMEs-A Literature Review
in the Emerging Market Context.
Soltanizadeh & et.al., 2016. Business strategy, enterprise risk management and organizational
performance. Management Research Review. 39(9).pp.1016-1033.
Online
Kukhnavets, P., 2016. Work breakdown structure. [Online] Available through:
<https://blog.ganttpro.com/en/how-to-create-a-work-breakdown-structure-wbs-with-project-
planning-templates/>. [Accessed on 30th August 2017].
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