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Stages and Processes of Project Management: A Critical Review

   

Added on  2022-12-16

21 Pages3794 Words487 Views
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Examine in depth the stages and processes of
project management. -Critically review the
destination in context of the project. In order for
businesses
Stages and Processes of Project Management: A Critical Review_1

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................3
SECTION-1 : PROJECT SUMMARY............................................................................................3
SECTION-2 : PROJECT PLAN......................................................................................................4
Work-breakdown structure..........................................................................................................4
Project goals and work packages.................................................................................................5
2.2 Procurement of resources.......................................................................................................7
2.2.1 Roles and responsibilities need to be completed by each project member.........................7
Review of existing skills, knowledge as Project management and identification of gap with
regards to completion of project..................................................................................................7
2.2.2 Physical resources...............................................................................................................8
2.3 Project schedule and timeline....................................................................................................8
2.4 Key Stakeholders...................................................................................................................9
Power/Interest grid of stakeholders...........................................................................................11
Three significant stakeholder related to the project...................................................................12
2.5 Risk Management plan........................................................................................................12
2.6 Project communication............................................................................................................14
2.6.1............................................................................................................................................14
TASK 1- Three possible challenges faced by project manager while working with diverse
team and engaging stakeholders................................................................................................14
TASK 2- Two significant challenges and the way information will be communicated to them
....................................................................................................................................................16
2.6.2 Version control..................................................................................................................18
2.7 Project quality management and key performance indicators.................................................18
SECTION-3 INTERIM REPORTING FORM..............................................................................19
CONCLUSION..............................................................................................................................20
REFERENCES..............................................................................................................................21
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INTRODUCTION
Project management is process of managing the a project by effectively coordinating
diverse range of people to work in team for achievement of desired outcome. This report is
related to live project named as” Vintage Trains (VT) in Tyseley Birmingham, run express steam
trains on Britain Mainline railway offering fine dining, relaxation in order to provide charm and
comfort to people. So, it covered necessary information pertaining to the way project will be
managed for better outcome.
SECTION-1 : PROJECT SUMMARY
Project Scope
Provide a brief overview
of your project proposal
and how it aligns to
ONE of the 3 project
scopes (50 words)
The project has planned to provide guest with an experience of casino
so that they can have fun and enjoyment in Vintage train. The project
proposal is directly related to the first project scope that is repacked of
current project to new diverse market (LGBTQ).
Project Start Date: The project start date is 7 April 2021.
Project PEP
Completion Date:
The project will be completed within time frame of 8-9month.
Project Final Report
Completion Date:
The final report will be filled by 10 month.
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Stages and Processes of Project Management: A Critical Review_3

SECTION-2 : PROJECT PLAN
Work-breakdown structure
3
Stages and Processes of Project Management: A Critical Review_4

Project goals and work packages
Number Project Goal/Objective
(Outcome focus)
Work
Package name
Specific tasks needed to
complete this WP/goal/
objective
1. To set realistic budget for
start of project of casino in
VT.
Finance
decision
making
a. Estimation of actual expense
need to be incurred in order to
implement the project.
b. Analysis the source from
which fund can be raised for
effective management of project.
c. Setting appropriate budget that
can be used to meet all expense
or necessary cost associated with
implementation of project
(Heldman, 2018).
2. To arrange and make best use
of available resource for
implementation of project.
Resourcing a. Identification and analysis of
total number of resource
required to implement the
project plan.
b. Type of resource related to
building casino in VT.
c. Evaluation from alternative
sources from resources
can be arranged.
d. Arrangement and optimum
utilization of resources.
3. To ensure effective
communication between team
Information
technology
a. To decided various type of
information need to be
communicated for better
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Stages and Processes of Project Management: A Critical Review_5

member. communication. implementation of the project.
b. On basis of
identification of type of
information, channel need to be
decide to share information.
c. Finally team member will
be motivated to actively
communicate with each others
(Sońta-Drączkowska, and
Mrożewski, 2020).
4. “To enhance team member
satisfaction for better
implementation of project.”
Satisfaction of
team member
a. Understand needs and
preferences of employees,
b. Encouraging them to share
their feedback.
c. Thereby finding alternative
method to motivate them to give
their best.
5. To increase client retention
ratio by fulfilling their needs
in better manner.”
Customers
retention
a. To identified existing wants of
client.
b. Find alternative method to
meet them.
6. Time completion of each task
schedule for starting the
casino.
Scheduling a. Understanding or estimating
of actual time that needs to be
complete a specific task.
b. Then scheduling time need to
complete particular activity.
c. Monitoring and controlling
each activity so that desired
outcome can be achieved in
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Stages and Processes of Project Management: A Critical Review_6

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