Project Management: Developing Space for Redevelopment and Refurbishment

PROJECT MANAGEMENT

Table of Contents
INTRODUCTION...........................................................................................................................3
PROJECT 1......................................................................................................................................3
Project Initiation Document (PID)..............................................................................................3
Work breakdown structure..........................................................................................................9
PROJECT 2....................................................................................................................................10
A. Risk register.........................................................................................................................10
B. Ways in which risk register makes a crucial part in risk management plan.........................14
C. Report...................................................................................................................................15
CONCLUSION..............................................................................................................................18
REFERENCES..............................................................................................................................19

INTRODUCTION
Project management is a concept which includes the different process, knowledge, skills,
attributes and all other activities which are necessary for completion of objectives of project. The
project management is a concept which states that there are different steps for the completion of
project in successful manner. If the project need to be completed in successful and effective
manner, then manager has to follow all the stages of project management (Yap, Abdul-Rahman
and Chen, 2017). The present report is based on the project of developing the space available for
the redevelopment and refurbishment. The current report will include the development of PID
that is project initiation document along with the work breakdown structure. Further the different
types of risk governing the project will be outlined under the risk register. In the end the
communication process and the critical evaluation of different methodologies of project
management will take place.
PROJECT 1
Project Initiation Document (PID)
The project initiation document is a type of document which includes the brief overview
of the whole project. This includes different aspect like the scope and objective of project, time
taken for project, cost involved in project, key people and stakeholder involved in project and
many other related aspects.
Objectives
The objectives of the project are as follows-
 To improve the space which is available for student and to redevelop and refurbish it for
developing better teaching space.
 To try to develop the good teaching space by utilising the empty space so that it can
attract more of student.
 To develop tiered seating arrangement along with the acoustic panels over the walls to
make it attractive for the students.
Approach
The approach used for the management of project of redeveloping spaces within the
university is agile approach. The major reason for the use of Agile methodology is that this is

best process for managing the project (Trott, 2019). There are many different values and
principles attached with agile methodology like accommodating changing requirement, enable
face- to- face interaction, support, trust, and motivating the people and many other values which
are catered by this methodology.
Key staff
There are many people involved at time of managing the project as without people the
project cannot be completed as staff works on the project in order to attain the aim and objective
of project. The major staff for the project of redevelopment and refurbishment of empty space
are project manager, investors, team leaders, team members, resource allocator and all other
people related with completion of the project.
Stakeholder analysis
The stakeholders are the people who are interested in the working and successful
completion of the project. This is essential as if stakeholder will not be happy and satisfied then
this will decrease interest of stakeholder within the project and they will not work in proper and
effective manner.
Stakeholders Significance
Students This is the major stakeholder within the project as they will be
benefitted the most by the completion of this project. The major
reason is that if empty space will be utilised in proper and effective
manner then this will increase their interest in learning with the
university
Project Manager This is another stakeholder who is responsible for managing whole
project from initiation till the completion of the project. The manager
is significant stakeholder as this is the person who takes decision for
each and every activity for completion of the project (Suetin and
et.al., 2016).
Project sponsor This in addition to the manager is also a main stakeholder as if
finance will not be provided then project will not be completed in
proper and effective manner. Hence, finance is the most important
thing for completion of the project of redeveloping and refurbishing

the space.
Resource allocator This is also an important stakeholder who is responsible for
optimally using the resources so that it yields the maximum output
(Smit and et.al., 2017).
Project Team Member These are the stakeholder who actually undertakes the work as
directed by the project manager. These are the people who actually
perform task for the development of empty space into a good
teaching space.
Budgetary information
This is the most important thing in the management of project as without finance the
work cannot be completed. For the redeveloping and refurbishing the empty space will include
the following budget-
Expenses Amount
Cost of managing resources £8,000
Labour cost £15000
Material cost £15000
Salaries of staff £15000
Cost of management £10000
Equipment cost £22000
Overhead cost £15000
Total £100000
Timescales