This article covers the importance of project management in the success of a business. It discusses risk register, project schedule, stakeholder analysis, quality management plan, and requirements management plan. It also includes lessons learnt from the organic grocery store project.
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Running head: PROJECT MANAGEMENT Project Management Name Institution Affiliations
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PROJECT MANAGEMENT2 Table of Contents Risk Register.........................................................................................................................................3 Project Schedule................................................................................................................................3 Stakeholder Analysis.............................................................................................................................4 Quality Management Plan.....................................................................................................................4 Requirements Management Plan...........................................................................................................4 Lessons Learnt from the organic grocery store project.........................................................................5 References.............................................................................................................................................6
PROJECT MANAGEMENT3 Risk Register The organic grocery store will use a risk register for the purposes of documenting risks as well as the actions on how to manage every risk. Therefore, the risk register will be a significant tool to the successful risk management of the organic grocery store since it will allow for the identification of the risks related to the venture. The risk register allow the grocery an opportunity to know on the appropriate actions to be undertaken in response to the risk if any arise. Indeed, the risk register is a significant input used in developing a correct response plan for the grocery store as it aids the store in monitoring and controlling opportunities and threats faced by the business. Project Schedule The organic grocery store will uses the project schedule as an instrument to and communicates its stakeholders the type of service that it will be offering. Indeed, it indicates the resources that are to be performed as well as the tasks and the timeframe required for each task to be undertaken. Accordingly, the project schedule reflects all the functions related to the grocery. Subsequently, minus a complete schedule, the project manager cannot be in a better position to effectively communicate to the team about the resources and costs required to deliver the project. Therefore, in the case of organic grocery store project the project schedule help to allocate time and resources to each task accordingly hence ensuring there is an equilibrium sharing of resources (Harrison, & Lock, 2017). Scheduling of the grocery tasks helps to make sure there is no conflict between tasks because of the even distribution of time as well as resources. Therefore, to ensure equal sharing of resources the project manager uses online project management software in tracking project schedules, budget, resources and related project resource in actual time. The organic grocery schedule begin with a work
PROJECT MANAGEMENT4 breakdown structure (WBS) which is a tiered reflection of the entire tasks within the project based on deliverables. Stakeholder Analysis Stakeholder play a major role towards the operation of a business and so is for the organic grocery store. Therefore, stakeholders provide vital information utilised to evaluate the way the grocery store will address different operations. Stakeholder analysis is a significant part of stakeholder management as it allows to highlight their different roles and responsibilities of stakeholders (Larson, & Gray, 2015). As a result, organic grocery store employ stakeholder analysis mainly during the feasibility and planning phases of the project to evaluate the attitude of the stakeholders in relation to the possible changes. Therefore stakeholder analysis will play a significant role to the organic grocery store in the allocation stakeholders’ roles and responsibility to ensure no conflict arises by providing effective communication amongst stakeholders. Quality Management Plan Theorganicgrocerystoreusedthequalitymanagementplantodescribethe acceptable level of quality defined by its client. The quality management plan was used to determine the way in which the grocery undertake its operations to ensure the level of quality provided meet the client’s specifications (Harrison, & Lock, 2017). The organic grocery used quality management plan with the intent to ensuring that its deliverables achieve the defined quality standards asked by their clients. The organic grocery uses quality management plan as a tool to help it stick to its customer demands. Requirements Management Plan
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PROJECT MANAGEMENT5 The organic grocery utilise the requirements management plan since it is a vital tool for the project as it defines how the project requirements are recorded, managed and analysed. Therefore, project manager organic grocery store need to have the requirement plan from the inception of the project till the end to ensure nothing left out for the project success (Kerzner, & Kerzner, 2017). Therefore, the organic grocery store uses the requirement management plan to make sure that the project has attained all the needs and expectations of its consumers as well as eternal and internal stakeholders. Lessons Learnt from the organic grocery store project I learnt that for a successful project it should include a risk register, project schedule, stakeholder analysis, quality management plan, and requirements management plan. Some of the things that unfolded well during the establishing of organic grocery in Virginia include execution of the project plan, quality management plan, stakeholders’ analysis and requirements. However, there some activities which experienced hitches here and there such as the identification of project risks; I was not able to exhaust all the risks associated with the project. In my view project management is course that is not only relevant to project managers but it can also be applied in the daily life such as in time management.
PROJECT MANAGEMENT6 References Harrison, F., & Lock, D. (2017).Advanced project management: a structured approach. Routledge. Kerzner, H., & Kerzner, H. R. (2017).Project management: a systems approach to planning, scheduling, and controlling. John Wiley & Sons. Larson, E. W., & Gray, C. F. (2015). A Guide to the Project Management Body of Knowledge: PMBOK (®) Guide. Project Management Institute. Nanda,V.(2016).Qualitymanagementsystemhandbookforproductdevelopment companies. CRC Press.