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Project Management -1

   

Added on  2023-01-07

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Project Management -1
Project Management -1_1

Table of Contents
INTRODUCTION...........................................................................................................................3
Business Case...................................................................................................................................3
Business Problem...................................................................................................................3
Benefits...................................................................................................................................3
Stakeholders Analysis............................................................................................................4
Communication Plan ............................................................................................................4
Smart Objectives....................................................................................................................5
Work Breakdown Structure.............................................................................................................5
WBS.......................................................................................................................................5
Activity List............................................................................................................................6
Risk Management...................................................................................................................7
Activity Scheduling.......................................................................................................................10
Gantt Chart...........................................................................................................................11
Critical Path..........................................................................................................................11
Cost benefit analysis.............................................................................................................11
Project Execution Challenges........................................................................................................13
CONCLUSION..............................................................................................................................13
REFERENCES..............................................................................................................................14
Appendices.....................................................................................................................................15
Project Management -1_2

INTRODUCTION
Project management is defined as an application of processes, knowledge, methods as
well as experience to attain particular project objectives as per the set criteria and parameters. It
is basically a discipline of initiating, effective planning, implementation & managing all the
resources in order to achieve project deliverables within the time and budget as well (Kerzner,
2017). This project is based on creating webinars that will enhance human resource
development. This is a video workshop that is basically based on healthy food includes how to
maintain balance diet, measures of taking proteins and vitamins on daily basis, recipes with low
cholesterol and so on. The report will address stakeholders concern. Cost & benefit realisation
and project execution challenges. In addition to this, it cover the risk and time associated with the
project plan by using tools such work breakdown structure.
Business Case
Business Problem
The business problem is that a company needs to conduct webinars in order to make sure that
they are focusing on healthy living and eating. This is necessary as health problems in
employees leads to decline in their productivity. In order to spread awareness and increase
employees knowledge about healthy living they need to carry out a business project in which
they will educate employees.
Benefits
Successful conduction of webinar will help in making employees aware about their
health. They can live a happy and healthy life. It will encourage and motivate employees to do
better. This will reduce absenteeism amongst employees as most of the times health is mentioned
as a factor for taking leave from work. Fit and healthy employees who have been eating healthy
will effectively work towards success (Fleming and Koppelman, 2016). This will reduce errors
and increase productivity of employees as well.
Project Management -1_3

Stakeholders Analysis
Stakeholders analysis is a process in which various stakeholders present in a company are
identified. They are then grouped on the basis of their interest, participation, power as well as
expectations from the organisation. Stake holder analysis is further discussed:
High Power, High Interest: They are those stakeholder in an organisation who should
be treated as priority. When considering the following project they have high interest as well as
their authority over project is also high. They usually are owner of the project. In the following
case Director as well as General manager of company will fall in this category of stakeholders.
High Power, Low Interest: These are the stakeholders who have high power over
business or project and are to be kept informed as well as satisfied so that there powers are used
positively. It is necessary that limited communication is kept with these stakeholders to keep up
their interest. These stakeholders are investors of webinar as well as sponsors.
Low Power, High Interest: These are those shareholders on which company focuses and
tries to keep them satisfied. It is necessary that communication with these stakeholders is
maintained so that they do not loose interest. Various suppliers for the webinars (Heagney, 2016)
(Badewi, 2016). Speakers coming to seminars will be included in this category (Wang and et. al.,
2020).
Low Power, Low Interest: They are last to stand in category of stakeholders and they
just require periodical information about the project. They can be staff working for company
managing the event, guards, maintenance team etc.
Communication Plan
The interest and power of stakeholders help project manager in specifically circulating
data to them from time to time. It is necessary that stakeholders are effectively communicated
with the tasks and progress made in project from time to time. Below mentioned is a well
described communication plan for this project:
Stakeholder Name Engagement Channel Frequency
Owner of the project Manage Closely Regular Meetings, E-
mails, Personal
interactions
Very frequently
Project Management -1_4

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