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Influence of the Scope Statement on the WBS

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Added on  2020-06-03

Influence of the Scope Statement on the WBS

   Added on 2020-06-03

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MANAGING PROJECT
Influence of the Scope Statement on the WBS_1
Table of ContentsTASK 1........................................................................................................................................................................................................31. Important characteristics of a project.................................................................................................................................................32. Scope Statement of a project and role of Work Breakdown Structure(WBS) in this........................................................................33. Gantt chart..........................................................................................................................................................................................44.Approaches which exists to prepare a budget for a project.................................................................................................................55. Risks which can arise and what are the steps can be taken in project management to reduce the risk..............................................56. Quality method to ensure a project is completed successfully...........................................................................................................6TASK 2........................................................................................................................................................................................................6CONCLUSION.........................................................................................................................................................................................10REFERENCES...........................................................................................................................................................................................12
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INTRODUCTIONManaging Project defines the ways through which a project is handled by an individual or a company.Depending upon the factor that what kind of organisation it is and what functions it carry out decides thestructure of the project. A project is the outline of the task, plans, goals and targets which the company orindividual wish to achieve. Resources available to the people should be utilized properly so that maximumoutput can be obtained from them and for that a project needs to be prepared. The document will behighlighting the scope, elements, schedule, quality and the cost of the resources. ABC Plc. Which is the UK'sone of the large company in food and drink retailer sector (Assudani and Kloppenborg, 2010). It is nowconsidering acquisition of DEF Ltd which is a know street frozen food retailer. As a project manager it is theduty to successfully manage the project making sure that all the things are done on time and within budget. TASK 11. Important characteristics of a project.Project management is the process of managing the resources and the activities in business. The finalaim of the project is to come out with a product or output which has some value attached to it. A project can bedefined through their characteristics which are as follows:- Temporary:- This characteristics states that every project has a life span in which they have a startingperiod and as well as ending period. Starting period of the project is the time when someone starts orinitiates the project. In this time they make plan & implement the project and the ending period comewhen the goals and targets of the project is achieved. Unique Deliverable:- Every 0project produces or comes out with a product, service or nay other result.It has some or other beneficial thing attached to it. Deliverable are helps the company or individual incarrying o0ut their work more effectively. Progressive Elaboration:- When a project gets starts or in progress it is important to monitor and keepan eye on its performance because through this if the individual finds any loophole it can be terminatedor can be improved.
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2. Scope Statement of a project and role of Work Breakdown Structure(WBS) in this.A scope statement is the tool to identify the assumptions and key success factors and in other words wecan say that it is the tool which define the boundaries of the project. This scope statement project states thegoals and target which they want to achieve or wish to complete in a particular time period (Azim, 2011). Thismakes people know that in what condition they will work. A scope statement includes justification, productscope description, criteria, deliverables, project exclusions, constraints and assumptions. Work breakdownstructure(WBS) is the way through which the work is distributed or break down into task so that the work canbe completed and can be managed. In project management it is a deliverable oriented breakdown of a projectinto smaller tasks. If a team has lots of work load for a project so they should break the task and the distributeamong the team member (Basu, 2011). Deliverables are the product, services and the results which comes outas the output of the project. 3. Gantt chart.
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