Literature Review

Running head: LITERATURE REVIEW
Part 1: Literature review
Name of the Student
Name of the University
Author’s Note

LITERATURE REVIEW
1
Table of Contents
1. Literature review..........................................................................................................................2
1.1 Project charter........................................................................................................................2
1.2 Project plan............................................................................................................................2
1.3 Project scope..........................................................................................................................3
1.4 Project risks...........................................................................................................................3
1.5 Project deliverables................................................................................................................4
1.6 Project WBS..........................................................................................................................5
1.7 Gantt chart.............................................................................................................................6
1.8 Network diagram...................................................................................................................6
1.9 Budget of the project.............................................................................................................7
1.10 Roles and responsibilities in project manager.....................................................................8
1.11 Importance of project approval............................................................................................8
References......................................................................................................................................10

LITERATURE REVIEW
2
1. Literature review
1.1 Project charter
It is stated by Salmon et al. (2019), a project charter is mainly defined as one of the
formal as well as short document that mainly helps in describing the entire project including the
required stakeholders as well as roles that are played by them. It is found as one of the important
ingredient for planning out the project properly so that it can be utilized within the entire
lifecycle of the project. On the other hand, as per the PMBOK, the project charter is one of the
documents that is mainly issued by the initiator or project sponsor in order to formally authorize
the existence of the project and helps in providing the entire authority for applying various
organizational resources within the project. It is opined by Badewi (2016) the main purpose of
utilizing the project charter is for authorizing the project for starting the approved proper work
and for allowing proper organizational; resources in order to accomplish the project objectives.
In addition to this, it is found that if the project charter is properly created then it need executive
for seeing the entire business value for the project and helps in providing proper reference to the
project charter for successfully understanding that the project which is undertaken is successfully
aligned with various strategies as well as stages of the organization.
1.2 Project plan
According to Ager et al. (2018), project plan is one of the formal documents that is
mainly designed for guiding the control as well as successful execution of the project. On the
other hand, the project plan is also known as one of the keys for the successful project and it is
considered as the most significant document which is required while starting any business-
related project. On the other hand, it is stated by Kerzner (2017) that project plan is one of the
formal agreements between the developer as well as project procurer which helps in ensuring

LITERATURE REVIEW
3
that proper approval from the project stakeholder is provided that further helps in managing the
management as well as technical team while tracking the project. In addition to this, It is found
that proper project plan is mainly necessary for getting proper understanding about the project
including project objectives. The project plan also includes information that are related with the
project phases, resources as well as communication plan. The risks which are linked with the
undertaken project are successfully defined with the different mitigation strategies of the project
such that it can be able to provide significant ways that are helpful in avoiding obstruction within
the entire project.
1.3 Project scope
It is opined by Raza (2019) that scope of the project is a significant part that is used while
creating the project plan which further involves proper identification as well as documentation of
a list of project goals, deliverables, functions, project activities and the expenditure that is
associated with each activity. It is found that for defining the scope, it is quite important to
establish the timeline for the project by setting effective goals and objectives so that proper
resources can be allocated within the project. It is stated by Sanghera (2019) that an effective
scope management helps in ensuring that the project scope which is stated is properly defined
and then it is mapped effectively for enabling the project managers for properly allocating the
labour as well as costs of the project that is mainly required for finishing the project work.
Moreover, it is found that the management of the expectation of the clients as well as project
stakeholders can be one of the important tasks that a project manager generally need that further
helps everyone in staying the in same page throughout the entire lifecycle. Proper scope
management helps in avoiding some of the issues by properly defining as well as communicating
the scope to all the parties which are involved within the project.