Project Management
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This document provides information on project management, including project charter, project deliverables, project scope, project milestones, assumption and constraints, project plan, and short answer questions. It covers topics such as soft skills, float and critical path, and the business case for the project.
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Running head: PROJECT MANAGEMENT
Project management
Name of the Student
Name of the University
Author’s Note
Project management
Name of the Student
Name of the University
Author’s Note
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1
PROJECT MANAGEMENT
Table of Contents
Part 1: Project charter.................................................................................................................2
1.1 Project description.......................................................................................................2
1.2 Project deliverables.....................................................................................................2
1.3 Project scope................................................................................................................2
1.4 Project milestones........................................................................................................3
1.5 Assumption and constraints.........................................................................................3
1.6 Project plan..................................................................................................................3
Part 2: Short answer questions...................................................................................................5
2.1 Description about soft skills.............................................................................................5
2.2 Importance of float and critical path................................................................................7
2.3 Business case for the project............................................................................................8
2.4 Work breakdown structure...............................................................................................9
Part 3: Short answer question...................................................................................................10
3.1 Listing and describing each of the stage of the strategic planning procedure...............10
3.2 Reason behind understanding stakeholder is important for proper project management
..............................................................................................................................................12
References................................................................................................................................14
PROJECT MANAGEMENT
Table of Contents
Part 1: Project charter.................................................................................................................2
1.1 Project description.......................................................................................................2
1.2 Project deliverables.....................................................................................................2
1.3 Project scope................................................................................................................2
1.4 Project milestones........................................................................................................3
1.5 Assumption and constraints.........................................................................................3
1.6 Project plan..................................................................................................................3
Part 2: Short answer questions...................................................................................................5
2.1 Description about soft skills.............................................................................................5
2.2 Importance of float and critical path................................................................................7
2.3 Business case for the project............................................................................................8
2.4 Work breakdown structure...............................................................................................9
Part 3: Short answer question...................................................................................................10
3.1 Listing and describing each of the stage of the strategic planning procedure...............10
3.2 Reason behind understanding stakeholder is important for proper project management
..............................................................................................................................................12
References................................................................................................................................14
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PROJECT MANAGEMENT
Part 1: Project charter
1.1 Project description
The paper mainly reflects on the redevelopment as well as construction of Mooloolaba
Holiday Park that include the upgradation of the costal railway. It is found that both the
business organizations as well as government general put tender for biding the project. It is
found that in order to start with the project, it is quite necessary to develop a project charter
for the project including the information related with the project. The contract type is
generally used is lump sum contract and it is analyzed that the work o the entire project will
get started on 1st July 2019.
1.2 Project deliverables
Project report
Project blueprint
Project charter
Pan for the project
Project feasibility report
Upgradation report for the costal pathway
Upgradation required report for high park
1.3 Project scope
Upgrading of the coastal line
Construction of Mooloolaba Holiday Park
Access of the two beach
Construction of the new roads
Construction of different type of new amenities
PROJECT MANAGEMENT
Part 1: Project charter
1.1 Project description
The paper mainly reflects on the redevelopment as well as construction of Mooloolaba
Holiday Park that include the upgradation of the costal railway. It is found that both the
business organizations as well as government general put tender for biding the project. It is
found that in order to start with the project, it is quite necessary to develop a project charter
for the project including the information related with the project. The contract type is
generally used is lump sum contract and it is analyzed that the work o the entire project will
get started on 1st July 2019.
1.2 Project deliverables
Project report
Project blueprint
Project charter
Pan for the project
Project feasibility report
Upgradation report for the costal pathway
Upgradation required report for high park
1.3 Project scope
Upgrading of the coastal line
Construction of Mooloolaba Holiday Park
Access of the two beach
Construction of the new roads
Construction of different type of new amenities
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PROJECT MANAGEMENT
1.4 Project milestones
Milestone Completion date
M1: Completion of initiation phase Wed 24-07-19
M2: Completion of planning phase Fri 23-08-19
M3: Completion of execution phase Fri 21-02-20
M4: Closure phase completion Thu 19-03-20
1.5 Assumption and constraints
Assumption
The project will commenced the work on 1st July
The stakeholders will involve within each of the phase of the project
Constraints
Inability of finishing the project time can generally cause delay within the project
Incapable of completing the project when budget can cause financial risk
1.6 Project plan
The project plan for the construction of Mooloolaba Holiday Park is generally provided in
the table below:
WBS Task Name Duration Start Finish
0 Mooloolaba Holiday Park 189 days Mon 01-07-19 Thu 19-03-20
1 Initiation phase 18 days Mon 01-07-19 Wed 24-07-19
1.1 Business case 4 days Mon 01-07-19 Thu 04-07-19
1.2 Feasibility analysis 5 days Fri 05-07-19 Thu 11-07-19
1.3 Project charter 5 days Fri 12-07-19 Thu 18-07-19
PROJECT MANAGEMENT
1.4 Project milestones
Milestone Completion date
M1: Completion of initiation phase Wed 24-07-19
M2: Completion of planning phase Fri 23-08-19
M3: Completion of execution phase Fri 21-02-20
M4: Closure phase completion Thu 19-03-20
1.5 Assumption and constraints
Assumption
The project will commenced the work on 1st July
The stakeholders will involve within each of the phase of the project
Constraints
Inability of finishing the project time can generally cause delay within the project
Incapable of completing the project when budget can cause financial risk
1.6 Project plan
The project plan for the construction of Mooloolaba Holiday Park is generally provided in
the table below:
WBS Task Name Duration Start Finish
0 Mooloolaba Holiday Park 189 days Mon 01-07-19 Thu 19-03-20
1 Initiation phase 18 days Mon 01-07-19 Wed 24-07-19
1.1 Business case 4 days Mon 01-07-19 Thu 04-07-19
1.2 Feasibility analysis 5 days Fri 05-07-19 Thu 11-07-19
1.3 Project charter 5 days Fri 12-07-19 Thu 18-07-19
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PROJECT MANAGEMENT
1.4
Team members
appointment
4 days Fri 19-07-19 Wed 24-07-19
1.5
M1: Completion of
initiation phase
0 days Wed 24-07-19 Wed 24-07-19
2 Planning phase 22 days Thu 25-07-19 Fri 23-08-19
2.1 Project plan 5 days Thu 25-07-19 Wed 31-07-19
2.2 Resource plan 6 days Thu 01-08-19 Thu 08-08-19
2.3 Budget plan 5 days Fri 09-08-19 Thu 15-08-19
2.4 Communication plan 6 days Fri 16-08-19 Fri 23-08-19
2.5
M2: Completion of
planning phase
0 days Fri 23-08-19 Fri 23-08-19
3 Execution phase 130 days Mon 26-08-19 Fri 21-02-20
3.1
Coastal Pathway
Upgrades
71 days Mon 26-08-19 Mon 02-12-19
3.1.1 Upgrading coastal path 22 days Mon 26-08-19 Tue 24-09-19
3.1.2
Upgradation of two
beaches
17 days Wed 25-09-19 Thu 17-10-19
3.1.3
Closing one beach
access with seating areas
18 days Fri 18-10-19 Tue 12-11-19
3.1.4 Elevated beach access 14 days Wed 13-11-19 Mon 02-12-19
3.1.5 Fencing 0 days Mon 02-12-19 Mon 02-12-19
3.2 Holiday park upgrades 59 days Tue 03-12-19 Fri 21-02-20
3.2.1
Decommissioning
holiday park
22 days Tue 03-12-19 Wed 01-01-20
PROJECT MANAGEMENT
1.4
Team members
appointment
4 days Fri 19-07-19 Wed 24-07-19
1.5
M1: Completion of
initiation phase
0 days Wed 24-07-19 Wed 24-07-19
2 Planning phase 22 days Thu 25-07-19 Fri 23-08-19
2.1 Project plan 5 days Thu 25-07-19 Wed 31-07-19
2.2 Resource plan 6 days Thu 01-08-19 Thu 08-08-19
2.3 Budget plan 5 days Fri 09-08-19 Thu 15-08-19
2.4 Communication plan 6 days Fri 16-08-19 Fri 23-08-19
2.5
M2: Completion of
planning phase
0 days Fri 23-08-19 Fri 23-08-19
3 Execution phase 130 days Mon 26-08-19 Fri 21-02-20
3.1
Coastal Pathway
Upgrades
71 days Mon 26-08-19 Mon 02-12-19
3.1.1 Upgrading coastal path 22 days Mon 26-08-19 Tue 24-09-19
3.1.2
Upgradation of two
beaches
17 days Wed 25-09-19 Thu 17-10-19
3.1.3
Closing one beach
access with seating areas
18 days Fri 18-10-19 Tue 12-11-19
3.1.4 Elevated beach access 14 days Wed 13-11-19 Mon 02-12-19
3.1.5 Fencing 0 days Mon 02-12-19 Mon 02-12-19
3.2 Holiday park upgrades 59 days Tue 03-12-19 Fri 21-02-20
3.2.1
Decommissioning
holiday park
22 days Tue 03-12-19 Wed 01-01-20
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PROJECT MANAGEMENT
3.2.2 New road construction 19 days Thu 02-01-20 Tue 28-01-20
3.2.3 New amenities 18 days Wed 29-01-20 Fri 21-02-20
3.3
M3: Completion of
execution phase
0 days Fri 21-02-20 Fri 21-02-20
4 Closure phase 19 days Mon 24-02-20 Thu 19-03-20
4.1 Post project revenue 10 days Mon 24-02-20 Fri 06-03-20
4.2 Stakeholder sign off 9 days Mon 09-03-20 Thu 19-03-20
4.3
M4: Closure phase
completion
0 days Thu 19-03-20 Thu 19-03-20
Part 2: Short answer questions
2.1 Description about soft skills
Soft skills are generally considered as the combination of the personal
communication a well as social skills that further helps in enabling the people for properly for
properly navigating the entire environment for achieving the skills. It is found that along with
the technical as well as socio cultural skills, the project manager generally requires soft skills
for successfully managing the project quite successfully (Kerzner and Kerzner 2017). It is
found that there are a number of soft skills that a project manager generally possesses for
managing the project. The soft skills re generally elaborated below:
Leadership: As a leader, it is very much important to properly understand the work
of the team effectively. The team generally consists of dynamically changing force as we as
objectives that are generally set for the project. It is found that being working on a specific
project, tasks as well as goals, it is very much important to properly understand the
capabilities as well as responsibilities off the project team.
PROJECT MANAGEMENT
3.2.2 New road construction 19 days Thu 02-01-20 Tue 28-01-20
3.2.3 New amenities 18 days Wed 29-01-20 Fri 21-02-20
3.3
M3: Completion of
execution phase
0 days Fri 21-02-20 Fri 21-02-20
4 Closure phase 19 days Mon 24-02-20 Thu 19-03-20
4.1 Post project revenue 10 days Mon 24-02-20 Fri 06-03-20
4.2 Stakeholder sign off 9 days Mon 09-03-20 Thu 19-03-20
4.3
M4: Closure phase
completion
0 days Thu 19-03-20 Thu 19-03-20
Part 2: Short answer questions
2.1 Description about soft skills
Soft skills are generally considered as the combination of the personal
communication a well as social skills that further helps in enabling the people for properly for
properly navigating the entire environment for achieving the skills. It is found that along with
the technical as well as socio cultural skills, the project manager generally requires soft skills
for successfully managing the project quite successfully (Kerzner and Kerzner 2017). It is
found that there are a number of soft skills that a project manager generally possesses for
managing the project. The soft skills re generally elaborated below:
Leadership: As a leader, it is very much important to properly understand the work
of the team effectively. The team generally consists of dynamically changing force as we as
objectives that are generally set for the project. It is found that being working on a specific
project, tasks as well as goals, it is very much important to properly understand the
capabilities as well as responsibilities off the project team.
6
PROJECT MANAGEMENT
Motivation: Being the capability of motivating others is considered as one of the core
soft skills of the project manages (Larson and Gray 2017). It is the responsibility of the
project managers to properly understand the team members needs as well as requirements so
that the behaviour of the project manager generally influences the project team in a very
much effective way.
Communication: Poor or ineffective communication within the project generally
undermines the success and therefore proper communication is generally required within the
entire project. It is found that open as well as honest communication with the higher level of
the organization is necessary for accomplishing the project goals as well as objectives. The
project manager must have the soft skills of communication so that the requirements linked
with the project can be understood by the project team.
Conflict management: It is found that the implementation of various conflict
management strategies are generally considered to be important for effective leadership
during the moments when conflicts generally arises within the project team (Kerzner 2017). It
is analyzed that the conflicts are generally inevitable especially while managing the group of
the project. It is found that the disagreements within the team of the project can be managed
successfully if the project managers generally have the skill of proper conflict management
that not only minimizes conflicts but also helps in achieving the overall project objectives.
Trust building: Building trust is one of the soft skills of the project managers that are
needed while working within a project. It is found that by properly sharing the information of
the team, it is very much important to take proper decision by involving within the entire
procedure of decision making so that proper decision within the project is made and the
project stakeholders generally start trust the leaders.
PROJECT MANAGEMENT
Motivation: Being the capability of motivating others is considered as one of the core
soft skills of the project manages (Larson and Gray 2017). It is the responsibility of the
project managers to properly understand the team members needs as well as requirements so
that the behaviour of the project manager generally influences the project team in a very
much effective way.
Communication: Poor or ineffective communication within the project generally
undermines the success and therefore proper communication is generally required within the
entire project. It is found that open as well as honest communication with the higher level of
the organization is necessary for accomplishing the project goals as well as objectives. The
project manager must have the soft skills of communication so that the requirements linked
with the project can be understood by the project team.
Conflict management: It is found that the implementation of various conflict
management strategies are generally considered to be important for effective leadership
during the moments when conflicts generally arises within the project team (Kerzner 2017). It
is analyzed that the conflicts are generally inevitable especially while managing the group of
the project. It is found that the disagreements within the team of the project can be managed
successfully if the project managers generally have the skill of proper conflict management
that not only minimizes conflicts but also helps in achieving the overall project objectives.
Trust building: Building trust is one of the soft skills of the project managers that are
needed while working within a project. It is found that by properly sharing the information of
the team, it is very much important to take proper decision by involving within the entire
procedure of decision making so that proper decision within the project is made and the
project stakeholders generally start trust the leaders.
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PROJECT MANAGEMENT
2.2 Importance of float and critical path
It is found that both the critical path as well as the project float plays an important
role in scheduling projects. It is found that critical path is mainly defined as the sequence of
various stages that are used in order to determine the minimum time that is needed for the
operation of the project (Sears et al. 2015).The critical path that is used within the project is
helpful in shortening the timelines of the project and helps in improving the project resources
quite effectively. In addition to this, the method of critical path can be utilized for properly
comparing the planned project progress with the actual progress. It is found that within the
project, the project management can be able to determine the tasks that have already been
completed quite successfully. It is found that the critical path of the project helps in
reflecting what is generally undergoing within the project and thus within the help of the
critical path both the resource as well as cost allocation of the project can be done quite
successfully (Joslin and Muller 2015). Additionally, it helps n increasing the efficiency and
thus helps in saving money so that the chances of unexpected cost well as time may generally
occur within the project team.
On the other hand, within the project management, t is found that the slack or float is
considered as on the amount of time that is generally needed with the project network should
be delayed without subsequent tasks. It is found that float within the project chain tasks can
generally be measured quite the help of quantified a single number. For properly dealing
within the number of tasks, it is found that the determination of the project schedule is quite
important (Hornstein 2015). It is analyzed that the tasks that have zero floats are considered
to the critical paths for the project such that the entire duration of the project generally get
corresponded with the duration of the project. Moreover it is found that both the float as well
as critical path of the project is generally calculated with the help of project. It is found that
the project with shortened deadline for finishing the project is generally done within the
PROJECT MANAGEMENT
2.2 Importance of float and critical path
It is found that both the critical path as well as the project float plays an important
role in scheduling projects. It is found that critical path is mainly defined as the sequence of
various stages that are used in order to determine the minimum time that is needed for the
operation of the project (Sears et al. 2015).The critical path that is used within the project is
helpful in shortening the timelines of the project and helps in improving the project resources
quite effectively. In addition to this, the method of critical path can be utilized for properly
comparing the planned project progress with the actual progress. It is found that within the
project, the project management can be able to determine the tasks that have already been
completed quite successfully. It is found that the critical path of the project helps in
reflecting what is generally undergoing within the project and thus within the help of the
critical path both the resource as well as cost allocation of the project can be done quite
successfully (Joslin and Muller 2015). Additionally, it helps n increasing the efficiency and
thus helps in saving money so that the chances of unexpected cost well as time may generally
occur within the project team.
On the other hand, within the project management, t is found that the slack or float is
considered as on the amount of time that is generally needed with the project network should
be delayed without subsequent tasks. It is found that float within the project chain tasks can
generally be measured quite the help of quantified a single number. For properly dealing
within the number of tasks, it is found that the determination of the project schedule is quite
important (Hornstein 2015). It is analyzed that the tasks that have zero floats are considered
to the critical paths for the project such that the entire duration of the project generally get
corresponded with the duration of the project. Moreover it is found that both the float as well
as critical path of the project is generally calculated with the help of project. It is found that
the project with shortened deadline for finishing the project is generally done within the
8
PROJECT MANAGEMENT
project file effectively. While the It is analyzed that the tasks that have zero floats are
considered to the critical paths for the project.
It is found that when the schedule or the project timeline is changed then the project
manager generally analyzes the changes within the entire lifecycle of the project. It is found
that due to the changes within the schedule the timeline as well as the float or the slack that is
generally calculated within the entire project is generally identified (Todorovic et al. 215).
The change that occur within the critical path as well as float of the project generally plays an
important role is successfully managing as well as dealing with the entire projects quite
successfully. Furthermore the changes within the schedule that is generally done
2.3 Business case for the project
The paper mainly reflects on the organization “Australian Tree Corp” which is one of
the large owner of the various types off varied crops within Western Australia who generally
engages in growing trees. It is found that the organization ATC is generally doing struggle in
order to meet the revenue of the company targets after the natural disaster generally hits the
entire region including a drought as well as a cyclone. The natural disaster that occurs
generally is killed thousands of the people. Moreover, the organization needs to properly deal
with the general public who are against the cropping of the trees. Thus in order to resolve this
issue, the management of the organization generally hires one of the consultant for properly
developing a project plan so that proper in-house team and be able to properly evaluate the
disasters that will further be helpful in improving the public relations including making
different types of changes within the project. It is found that by evaluating the natural
disasters properly the organization can be able to operate the business operations effectively
by managing the relations with the public.
PROJECT MANAGEMENT
project file effectively. While the It is analyzed that the tasks that have zero floats are
considered to the critical paths for the project.
It is found that when the schedule or the project timeline is changed then the project
manager generally analyzes the changes within the entire lifecycle of the project. It is found
that due to the changes within the schedule the timeline as well as the float or the slack that is
generally calculated within the entire project is generally identified (Todorovic et al. 215).
The change that occur within the critical path as well as float of the project generally plays an
important role is successfully managing as well as dealing with the entire projects quite
successfully. Furthermore the changes within the schedule that is generally done
2.3 Business case for the project
The paper mainly reflects on the organization “Australian Tree Corp” which is one of
the large owner of the various types off varied crops within Western Australia who generally
engages in growing trees. It is found that the organization ATC is generally doing struggle in
order to meet the revenue of the company targets after the natural disaster generally hits the
entire region including a drought as well as a cyclone. The natural disaster that occurs
generally is killed thousands of the people. Moreover, the organization needs to properly deal
with the general public who are against the cropping of the trees. Thus in order to resolve this
issue, the management of the organization generally hires one of the consultant for properly
developing a project plan so that proper in-house team and be able to properly evaluate the
disasters that will further be helpful in improving the public relations including making
different types of changes within the project. It is found that by evaluating the natural
disasters properly the organization can be able to operate the business operations effectively
by managing the relations with the public.
9
PROJECT MANAGEMENT
2.4 Work breakdown structure
The work breakdown structure that is provided below not only disintegrates the entire
projects into smaller sub tasks but also helps in reflecting the project resources.
WBS Task Name
0 Australian Tree Corp
1 Initiation phase
1.1 Business case
1.2 Feasibility analysis
1.3 Project charter
1.4 Team members appointment
1.5 M1: Completion of initiation phase
2 Planning phase
2.1 Project plan
2.2 Resource plan
2.3 Budget plan
2.4 Communication plan
2.5 M2: Completion of planning phase
3 Execution phase
3.1 Creating in-house team
3.2 Evaluate natural disasters
3.3 Develops project plan
3.4 Improve public relations
3.5 Instigate company changes.
PROJECT MANAGEMENT
2.4 Work breakdown structure
The work breakdown structure that is provided below not only disintegrates the entire
projects into smaller sub tasks but also helps in reflecting the project resources.
WBS Task Name
0 Australian Tree Corp
1 Initiation phase
1.1 Business case
1.2 Feasibility analysis
1.3 Project charter
1.4 Team members appointment
1.5 M1: Completion of initiation phase
2 Planning phase
2.1 Project plan
2.2 Resource plan
2.3 Budget plan
2.4 Communication plan
2.5 M2: Completion of planning phase
3 Execution phase
3.1 Creating in-house team
3.2 Evaluate natural disasters
3.3 Develops project plan
3.4 Improve public relations
3.5 Instigate company changes.
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PROJECT MANAGEMENT
3.6 M3: Completion of execution phase
4 Closure phase
4.1 Post project revenue
4.2 Stakeholder sign off
4.3 M4: Closure phase completion
Part 3: Short answer question
3.1 Listing and describing each of the stage of the strategic planning procedure
According to Badewi (2016), strategic planning is generally defined as one of the
activity of the amazement that is generally utilized by the business for properly focussing on
the energy as well as establishing the project priorities for successfully strengthening the
operations of the project for achieving the targeted goal of the project. It is identified that
employers, employees as well as the stakeholders of the project generally plays an important
role for achieving the targeted goals of the project quite successfully (Sánchez 2015). The
strategic planning procedure is considered as one of the important as well as vital tool for the
business as it generally helps in providing the companies with proper measurable objectives
that taking appropriate decisions. The stages of the strategic planning procedure are generally
elaborated below:
Identification of the strategic position: This stage is the one that prepares for the
rest of the planning procedure. In order to achieve the project goals, it is very much necessary
to have a clear vision by defining both the short term as well as long term project objectives
quite effectively (Svejvig and Andersen 2015). After the identification of the strategic
position, it is quite necessary to have clear as well as realistic goals of the project.
PROJECT MANAGEMENT
3.6 M3: Completion of execution phase
4 Closure phase
4.1 Post project revenue
4.2 Stakeholder sign off
4.3 M4: Closure phase completion
Part 3: Short answer question
3.1 Listing and describing each of the stage of the strategic planning procedure
According to Badewi (2016), strategic planning is generally defined as one of the
activity of the amazement that is generally utilized by the business for properly focussing on
the energy as well as establishing the project priorities for successfully strengthening the
operations of the project for achieving the targeted goal of the project. It is identified that
employers, employees as well as the stakeholders of the project generally plays an important
role for achieving the targeted goals of the project quite successfully (Sánchez 2015). The
strategic planning procedure is considered as one of the important as well as vital tool for the
business as it generally helps in providing the companies with proper measurable objectives
that taking appropriate decisions. The stages of the strategic planning procedure are generally
elaborated below:
Identification of the strategic position: This stage is the one that prepares for the
rest of the planning procedure. In order to achieve the project goals, it is very much necessary
to have a clear vision by defining both the short term as well as long term project objectives
quite effectively (Svejvig and Andersen 2015). After the identification of the strategic
position, it is quite necessary to have clear as well as realistic goals of the project.
11
PROJECT MANAGEMENT
Gathering information and people: After establishment of the strategic position,
one needs to bring different types of people who generally get involved within the entire
planning procedure. It is quite necessary to bring as much as information within the table as
possible. It is quite necessary to make sure that data utilization is very much accurate and as a
result proper decision can be made (Kivila, Martinsuo and Vuorinen 2017).It is found that it
is very much useful to ask for the people within the entire business for the input including the
employees, partners as well as different types of the customers.
Performing SWOT analysis: SWOT is generally considered as one of the important
acronym that is mainly utilized for the strengths, weaknesses opportunities as well as threat
related with the project as it is generally considered as helpful for determining the
opportunities that are generally needed for helping the business to face different types of
possibilities in a quite positive way (Papke-Shields and Boyer-Wright 2017). Moreover, it is
analyzed that the SWOT analysis generally leads the entire project within the right direction
for accomplishing the project goals.
Formulating strategic plan: It is found that once the strategic position is identified it
is quite important to set proper goals for aligning the mission, goals as well as objectives of
the project with the strategic plan. For making sure that the entire strategic plan is working,
one needs to properly determine the proper way for measuring the progress of the project. It
is found that with the help of the measurable goals ne can be able to visibly see different
types of improvements.
Monitoring performance: The procedure of strategic planning is not considered to
be effective unless this is utilized for monitoring performance as well as tweaking different
types of components that are generally do not lead to the different types of satisfactory
PROJECT MANAGEMENT
Gathering information and people: After establishment of the strategic position,
one needs to bring different types of people who generally get involved within the entire
planning procedure. It is quite necessary to bring as much as information within the table as
possible. It is quite necessary to make sure that data utilization is very much accurate and as a
result proper decision can be made (Kivila, Martinsuo and Vuorinen 2017).It is found that it
is very much useful to ask for the people within the entire business for the input including the
employees, partners as well as different types of the customers.
Performing SWOT analysis: SWOT is generally considered as one of the important
acronym that is mainly utilized for the strengths, weaknesses opportunities as well as threat
related with the project as it is generally considered as helpful for determining the
opportunities that are generally needed for helping the business to face different types of
possibilities in a quite positive way (Papke-Shields and Boyer-Wright 2017). Moreover, it is
analyzed that the SWOT analysis generally leads the entire project within the right direction
for accomplishing the project goals.
Formulating strategic plan: It is found that once the strategic position is identified it
is quite important to set proper goals for aligning the mission, goals as well as objectives of
the project with the strategic plan. For making sure that the entire strategic plan is working,
one needs to properly determine the proper way for measuring the progress of the project. It
is found that with the help of the measurable goals ne can be able to visibly see different
types of improvements.
Monitoring performance: The procedure of strategic planning is not considered to
be effective unless this is utilized for monitoring performance as well as tweaking different
types of components that are generally do not lead to the different types of satisfactory
12
PROJECT MANAGEMENT
results. It is also considered to be important for holding that information that is generally
accountable for the assigned tasks (De Carvalho et al. 2015).
3.2 Reason behind understanding stakeholder is important for proper project
management
Stakeholders are generally defined as the individual or group who generally get
affected by the decision, activity as well as outcome of the entire project. It is very much
necessary to understand the stakeholders who are involved with the project. The stakeholders
play an important role within the project in order to achieve the goals. The reasons due to
which understanding about the project stakeholders are important are generally elaborated
below:
As the stakeholders generally have different types of duties as well as responsibilities
that they generally contribute for the success of the project and if proper
understandings about the project stakeholders are not present then this may affect e
success of the project negatively (Ramazani and Jergeas 2015).
As the stakeholders involvement with the project generally affects the project
objectives positively and therefore it is identified that proper understanding about the
project stakeholders are quite important.
They stakeholders are generally responsible of managing the expectations of the
project and therefore proper understanding about the stakeholders are required for
making sure that the project stakeholders who are involved within the project will
generally be able to achieve quite successfully (Bucero and Englund 2015)..
Moreover, proper understandings about the stakeholders are generally required for
ensuring that the stakeholders will generally achieve the goals of the project finishing
their work within the expected budget. It is analyzed that effective management of
PROJECT MANAGEMENT
results. It is also considered to be important for holding that information that is generally
accountable for the assigned tasks (De Carvalho et al. 2015).
3.2 Reason behind understanding stakeholder is important for proper project
management
Stakeholders are generally defined as the individual or group who generally get
affected by the decision, activity as well as outcome of the entire project. It is very much
necessary to understand the stakeholders who are involved with the project. The stakeholders
play an important role within the project in order to achieve the goals. The reasons due to
which understanding about the project stakeholders are important are generally elaborated
below:
As the stakeholders generally have different types of duties as well as responsibilities
that they generally contribute for the success of the project and if proper
understandings about the project stakeholders are not present then this may affect e
success of the project negatively (Ramazani and Jergeas 2015).
As the stakeholders involvement with the project generally affects the project
objectives positively and therefore it is identified that proper understanding about the
project stakeholders are quite important.
They stakeholders are generally responsible of managing the expectations of the
project and therefore proper understanding about the stakeholders are required for
making sure that the project stakeholders who are involved within the project will
generally be able to achieve quite successfully (Bucero and Englund 2015)..
Moreover, proper understandings about the stakeholders are generally required for
ensuring that the stakeholders will generally achieve the goals of the project finishing
their work within the expected budget. It is analyzed that effective management of
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13
PROJECT MANAGEMENT
the project are important with the help of the stakeholders therefore the mainly take
the responsibility is to track the status of the project
It is found that the prioritization of the project stakeholder is important as it generally
utilizes different types of Index values that are helpful in arranging the project
stakeholders for allocating the priority number quite effectively. It is found that a number
of criteria are generally utilized in order to prioritize the stakeholders of the project quite
successfully (Svejvig and Andersen 2015). The criteria are generally illustrated below:
Wrong assessment criteria: It is found that these particular criteria are generally
utilized in order to properly prioritize the stakeholders who are mainly involved with
the project.
Input from too few people criteria: It is found that the stakeholders who are mainly
involved with the project also get prioritized as per the criteria of too much few
people (Papke-Shields and Boyer-Wright 2017).
Prioritization as per roles: The stakeholders can also be prioritized within the
project as per the roles and responsibilities that generally play within the entire
project.
PROJECT MANAGEMENT
the project are important with the help of the stakeholders therefore the mainly take
the responsibility is to track the status of the project
It is found that the prioritization of the project stakeholder is important as it generally
utilizes different types of Index values that are helpful in arranging the project
stakeholders for allocating the priority number quite effectively. It is found that a number
of criteria are generally utilized in order to prioritize the stakeholders of the project quite
successfully (Svejvig and Andersen 2015). The criteria are generally illustrated below:
Wrong assessment criteria: It is found that these particular criteria are generally
utilized in order to properly prioritize the stakeholders who are mainly involved with
the project.
Input from too few people criteria: It is found that the stakeholders who are mainly
involved with the project also get prioritized as per the criteria of too much few
people (Papke-Shields and Boyer-Wright 2017).
Prioritization as per roles: The stakeholders can also be prioritized within the
project as per the roles and responsibilities that generally play within the entire
project.
14
PROJECT MANAGEMENT
References
Badewi, A., 2016. The impact of project management (PM) and benefits management (BM)
practices on project success: Towards developing a project benefits governance
framework. International Journal of Project Management, 34(4), pp.761-778.
Bucero, A. and Englund, R.L., 2015, October. Project sponsorship: Achieving management
commitment for project success. Project Management Institute.
De Carvalho, M.M., Patah, L.A. and de Souza Bido, D., 2015. Project management and its
effects on project success: Cross-country and cross-industry comparisons. International
Journal of Project Management, 33(7), pp.1509-1522.
Hornstein, H.A., 2015. The integration of project management and organizational change
management is now a necessity. International Journal of Project Management, 33(2),
pp.291-298.
Joslin, R. and Müller, R., 2015. Relationships between a project management methodology
and project success in different project governance contexts. International Journal of Project
Management, 33(6), pp.1377-1392.
Kerzner, H. and Kerzner, H.R., 2017. Project management: a systems approach to planning,
scheduling, and controlling. John Wiley & Sons.
Kerzner, H., 2017. Project management metrics, KPIs, and dashboards: a guide to
measuring and monitoring project performance. John Wiley & Sons.
Kivilä, J., Martinsuo, M. and Vuorinen, L., 2017. Sustainable project management through
project control in infrastructure projects. International Journal of Project
Management, 35(6), pp.1167-1183.
PROJECT MANAGEMENT
References
Badewi, A., 2016. The impact of project management (PM) and benefits management (BM)
practices on project success: Towards developing a project benefits governance
framework. International Journal of Project Management, 34(4), pp.761-778.
Bucero, A. and Englund, R.L., 2015, October. Project sponsorship: Achieving management
commitment for project success. Project Management Institute.
De Carvalho, M.M., Patah, L.A. and de Souza Bido, D., 2015. Project management and its
effects on project success: Cross-country and cross-industry comparisons. International
Journal of Project Management, 33(7), pp.1509-1522.
Hornstein, H.A., 2015. The integration of project management and organizational change
management is now a necessity. International Journal of Project Management, 33(2),
pp.291-298.
Joslin, R. and Müller, R., 2015. Relationships between a project management methodology
and project success in different project governance contexts. International Journal of Project
Management, 33(6), pp.1377-1392.
Kerzner, H. and Kerzner, H.R., 2017. Project management: a systems approach to planning,
scheduling, and controlling. John Wiley & Sons.
Kerzner, H., 2017. Project management metrics, KPIs, and dashboards: a guide to
measuring and monitoring project performance. John Wiley & Sons.
Kivilä, J., Martinsuo, M. and Vuorinen, L., 2017. Sustainable project management through
project control in infrastructure projects. International Journal of Project
Management, 35(6), pp.1167-1183.
15
PROJECT MANAGEMENT
Larson, E.W. and Gray, C.F., 2017. Project management: The managerial process. McGraw-
Hill Education.
Papke-Shields, K.E. and Boyer-Wright, K.M., 2017. Strategic planning characteristics
applied to project management. International Journal of Project Management, 35(2), pp.169-
179.
Ramazani, J. and Jergeas, G., 2015. Project managers and the journey from good to great:
The benefits of investment in project management training and education. International
Journal of Project Management, 33(1), pp.41-52.
Sánchez, M.A., 2015. Integrating sustainability issues into project management. Journal of
Cleaner Production, 96, pp.319-330.
Sears, S.K., Sears, G.A., Clough, R.H., Rounds, J.L. and Segner, R.O., 2015. Construction
project management. John Wiley & Sons.
Svejvig, P. and Andersen, P., 2015. Rethinking project management: A structured literature
review with a critical look at the brave new world. International Journal of Project
Management, 33(2), pp.278-290.
Todorović, M.L., Petrović, D.Č., Mihić, M.M., Obradović, V.L. and Bushuyev, S.D., 2015.
Project success analysis framework: A knowledge-based approach in project
management. International Journal of Project Management, 33(4), pp.772-783.
PROJECT MANAGEMENT
Larson, E.W. and Gray, C.F., 2017. Project management: The managerial process. McGraw-
Hill Education.
Papke-Shields, K.E. and Boyer-Wright, K.M., 2017. Strategic planning characteristics
applied to project management. International Journal of Project Management, 35(2), pp.169-
179.
Ramazani, J. and Jergeas, G., 2015. Project managers and the journey from good to great:
The benefits of investment in project management training and education. International
Journal of Project Management, 33(1), pp.41-52.
Sánchez, M.A., 2015. Integrating sustainability issues into project management. Journal of
Cleaner Production, 96, pp.319-330.
Sears, S.K., Sears, G.A., Clough, R.H., Rounds, J.L. and Segner, R.O., 2015. Construction
project management. John Wiley & Sons.
Svejvig, P. and Andersen, P., 2015. Rethinking project management: A structured literature
review with a critical look at the brave new world. International Journal of Project
Management, 33(2), pp.278-290.
Todorović, M.L., Petrović, D.Č., Mihić, M.M., Obradović, V.L. and Bushuyev, S.D., 2015.
Project success analysis framework: A knowledge-based approach in project
management. International Journal of Project Management, 33(4), pp.772-783.
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