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Project Management - Auto Carriers Ltd

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Added on  2020-10-23

Project Management - Auto Carriers Ltd

   Added on 2020-10-23

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Project Management
Project Management -  Auto Carriers Ltd_1
Table of ContentsINTRODUCTION...........................................................................................................................1PART (A) .......................................................................................................................................1(i) Specify project with case study and business case to support project...............................1(ii) Different phases of project life cycle and importance of each stage................................3(iii) Importance of project charter and preparation of project charter....................................4(iv) Risk levels varies with stages of project life cycle..........................................................7PART (B) .......................................................................................................................................8(I) Scope of project, scope statement and steps in scope statement process..........................8(ii) Project plan for project and document a phase review of project plan ............................9(iii) Work breakdown structure and it's purpose..................................................................10(iv) Evaluate feedback from client and team for identified project......................................11(v) Project management concepts to determine:..................................................................11(vi) Critical Path and benefits of using Gantt Chart.............................................................12(vii) Project closure and purpose of final project report.......................................................15(viii) Potential improvement for future project....................................................................15CONCLUSION..............................................................................................................................16REFERENCES..............................................................................................................................17
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INTRODUCTIONProject management is a process in which there are different stages which includesinitiating, planning, executing, controlling and closing work to accomplish the objectives andmeet specific criteria at specified time (Badiru and Osisanya, 2016). It is designed to produceunique product or service from beginning to end. Information is described in projectdocumentation which is created in starting of development process. Assignment describes aboutthe Auto Carriers Ltd. auto mobile and car making organisation that delivers cars to consumer aswell. It was established in U.K. In 1901. Report explains about requirements for managementcontrol and application of project control process. It also describes about relationship betweencost and quality accomplishing project objectives. This discusses about critical thinking, analysisof managing projects by using software tools, ability to apply and evaluate the techniquesassociated with management of tasks. It also explains about capability to evaluating projectsfrom financial, human resource and other related perspective. PART (A) (i) Specify project with case study and business case to support projectScenario: Auto Carriers Ltd manufactures and is also one of the oldest independentautomotive manufactures. As company is dealing with the issue of information mismanagementand lack of resource as well as data management, management has determined to implementERP system in company to strengthen their data management framework and administrativepractices. It helps the firm in leadership, administration and control problems associated withmanaging the life cycle and will track various business resources such as raw material,manufacturing capacity etc.Business case is created by Auto Carriers Ltd that support project is described as below:Executive summary: Auto Carriers Ltd wants to improve their leadership andadministration process (Bucero and Englund, 2015). Firm also have to control problemsassociated with managing the life cycle. It can be possible if company implements ERPsystem. Finance: Auto Carrier Ltd. can raise the finance from big financial institutions and banksso that firm can sell good quality of auto mobiles in proper manner. Hence, Auto CarriesLtd can collects funds and can operate their activities (Conforto and Amaral, 2016). It1
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helps the company to create financial statements and can also create cash flow statementsin effective manner.Source: Cash Flow Statement, 2018As per the above data, this can be concluded that the company has estimate payment of£23,650 and the organisation has determined the cost of products nearby £100000 to manageand carry out the project more appropriately. Project: Project comprises of different stages from beginning to end. It helps inimproving the leadership and administration process of Auto Carriers Ltd. Differentobjectives are set by company:Improve leadership and administration processControl problems related with managing the life cycle 2Illustration 1: cash flow statement
Project Management -  Auto Carriers Ltd_4

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