Project Management: Improving Spaces for Business Students

PROJECT MANAGEMENT

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................1
Project 1...........................................................................................................................................1
a. PID ..........................................................................................................................................1
Objectives....................................................................................................................................1
Approach......................................................................................................................................1
Key staff.......................................................................................................................................2
Stakeholder Analysis...................................................................................................................2
Budgetary information ................................................................................................................3
Timescale ....................................................................................................................................4
b. Work breakdown Structure......................................................................................................7
PROJECT 2......................................................................................................................................8
A. Risk register............................................................................................................................8
B. Importance of risk register....................................................................................................11
PROJECT 3....................................................................................................................................12
A. Explanation and need for effective and structured communication......................................12
B. Different project methodologies............................................................................................13
CONCLUSION..............................................................................................................................15
REFERENCES..............................................................................................................................16

INTRODUCTION
Project management is all about to lead an entire team towards a success path in order to
attain the define goal by using five stages. In the same way, the current study is entirely based
project management and also enhance the knowledge related to this. The report is based upon a
case scenario in which, QAHE wishes to improve the space available for the business students
and through refurbishment, student may use the space for different activities. That is why, study
provide the Project Initiation document in which, project manager define the scope and
management activities which are consider while executing the project. Further, study provide
WBS and provide 10 different types of risk which needs to be minimized by the project manager
in order to execute the project in better manner. Lastly, study provides the importance of having
effective communication and project methodology that is used by the project manager while
proceed towards project.
Project 1
a. PID
Objectives
“To improve the spaces available to the student of the university of London.”
Under this project the university is asking the student to improve the available space for the
redevelopment and utilisation of the empty space within the university. Here there will be more
activities like the adding the tiered seating along with use of acoustic panels on the walls for
making it a more attractive and good place for teaching. Also, the most important thing to be
kept in mind for the completion of this project is that the teaching timetable must not be
hampered or disrupted.
Approach
The major approach which is being used for the completion of the project of improving the
spaces of business student and its redevelopment the project approach selected is the agile
approach of project management. Under this approach the project demand for a solution which
evolves on the basis of collaborative effort of all the people involved in the management of
project. This is a good approach of completing the project as this will help the university in
refurbishing the whole space so that it can be fully utilised. This includes the interaction process
of all the stakeholder involved within the project and its management.
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Key staff
Project Manager
Project Manager is responsible for looking at the operation and functioning of project. Project is
the key person in the project who have the responsibility of making the project successful. It
ensures that the processes and operations are defined adequately to the staff and other members
of the organisation. The main strategies and frameworks to be followed in the project are made
by the project manager.
Project Investing Director
Project Investing directors have the overall accountability of the project which is
undertaken. Investing directors provide the company with the funds for carrying out the
operations of the project (Kent and Zunker, 2017). They give expertise knowledge and
experience in the crucial decisions to be made related with the project.
Resource Manager
Resource managers ensures that project is available with all the required resources for
carrying out the project. Resource managers makes predictions and forecasts about the
requirement of resources for carrying out operations and ensures they are available at the time
when they are required.
Team Leaders
Team Leader is individual which is responsible for achieving the given targets in the
project with his team. Team leaders works collectively with their team members for achieving
the goals and objectives. Team leads ensured that motivation and efficiency of the team members
is maintained for achieving the best outcomes.
Stakeholder Analysis
Stakeholders Impact of the project on shareholders
Students High
Students have high impact from the project. Project will provide the
students with new campus facilities. Redevelopment of the campus
will be providing the students to get better learning experience from
the increased area and space for teaching. Also the seating
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