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Fundamentals of Project Management

   

Added on  2019-12-03

17 Pages3608 Words158 Views
Fundamentals of projectManagement

TABLE OF CONTENTSINTRODUCTION.........................................................................................................................41. Objectives and critical success factors....................................................................................42. Issues, challenges and viable alternatives................................................................................63. Assumptions and risk discussion...........................................................................................104. Risk Register based on assumptions......................................................................................115. Gantt Chart and Resource sheet.............................................................................................116. Project plan summery............................................................................................................117. Critical analysis of LEAN project management and AGILE process in no-softwaredevelopment and their contribution in Value Driven Software projects...................................12CONCLUSION............................................................................................................................13references.......................................................................................................................................14

TABLE OF FIGURESFigure 1: Stakeholder Analysis........................................................................................................8Figure 2: Project Summery for sustainable audit of new store of M&S.......................................12Figure 3: Risk Register..................................................................................................................16Figure 4: Gantt chart......................................................................................................................17LIST OF TABLESTable 1: Hard issues of Sustainable audit of new store of M&S.....................................................6Table 2: Soft issues and challenges of the current project...............................................................9Table 3: Project Summery table....................................................................................................11Table 4: Resource Sheet................................................................................................................17

INTRODUCTIONProject management can be defined as application of knowledge, skills, tools andtechniques for executing any business project in effective manner. Fundamentals of projectmanagement focuses on reducing unnecessary delays and costs in project, issues and barriers.Along with this, project management also shed lights on different types of risks and challengesof any kind of project (Kathy and Deborah, 2007). The current research report is also based onfundamentals of project management. It will focuses on developing a project management planto conduct a sustainability audit of new store of Marks and Spencer at Banbury Gateway RetailPark. Research will comprise a brief discussion of this project and its critical success factors.Study is going to discuss issues, challenges and viable alternatives of this project. Along withthis, report also includes assumptions of project managers for completing this project in effectualmanner. Afterwards, risk register and appropriate strategies for managing these risks are alsodescribing in the following paragraphs of the report. TASK1. Objectives and critical success factorsAs per the given case study retail companies of UK are facing significant challenges andthreaten for surviving because of the new entrant in the market. These challenges have negativeimpacts on Marks and Spencer and its stores so, it has decided to close nine stores arounddifferent locations of UK (Dey, Clegg and Bennett, 2010). But, it is planning to open five newstores at most appropriate locations of London. It is going to open a new store at BanburyGateway Retail Park in Oxfordshire. Btu still volatile environment and uncertainty in customer’staste and preferences in UK are major challenges for this organization. As per the currentbusiness scenario retailers only focuses on sustainable development of organization. M&S alsowants to measure, track and improve social, environmental performance of Marks and Spencer.So, it has decided to conduct a sustainability audit of its new store at Banbury Gateway RetailPark (Kumaraswamy, 2011). Objectives of the project manager:As per the case overview, sustainable audit of new store of M&S in Banbury GatewayRetail Park is the major project. So, objectives of project manager are described as under:4 | P a g e

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