Project Management: Implementation of Micro Hydro Power Plant
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This document discusses the implementation of a micro hydro power plant and the project management involved. It covers topics such as performance measurement, closure and handover, monitoring and control, and project integration management.
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Running head: PROJECT MANAGEMENT Project management: Implementation of Micro Hydro Power Plant Name of the Student Name of the University Author’s Note
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1 PROJECT MANAGEMENT Table of Contents Task1: Project status report........................................................................................................2 1.1Performance measurement..........................................................................................2 1.2Closure and handover..................................................................................................3 1.3Monitoring and control................................................................................................3 1.4Project integration management..................................................................................5 Task 2: Project management plan..............................................................................................5 2.1 Quality management plan................................................................................................5 2.2 Communication management plan...................................................................................6 2.3 Stakeholder management plan.........................................................................................7 2.4 Risk management plan.....................................................................................................7 Task 3: Ms Project.....................................................................................................................8 Task 4: Reflection....................................................................................................................12 Bibliography.............................................................................................................................15
2 PROJECT MANAGEMENT Task1: Project status report 1.1Performance measurement Projectperformanceindicatorisgenerallyconsideredasoneofthesignificant information that is generally needed for determining as well as explaining how the entire project will generally progress for meeting the goals of the project. The key performance indicators including cost as well as time generally have a major role in achieving success. It is found that as the project is 70% complete and 90% of the budget is used then it can be analyzed that the project is facing financial issues due to extra expenditure [3]. In the present project, it is found that both the project cost as well as time must be maintained however if the project managers are unable to finish the work of e-toll system implementation in Hyderabad ring road project. It is found that the cost performance variances for the project of E-toll implementation are generally reflected below with the help of the screenshot. Figure 1: Cost variances
3 PROJECT MANAGEMENT Source: Created by Author) 1.2Closure and handover If it is analyzed at the present situation that the project that is undertaken is not get accomplished within the assumed time and budget then it is necessary to undertake steps like crashing to finish the entire project as per the deadline. It is found that project crashing is one of the processes that help in shortening the duration of the project by minimizing the time of one more number of project activities [4]. The main advantage of project crashing is that the project can get completed within the time that is presumed and thus the delivery of the project is done on time. On the other hand, crashing of the project generally enhances the budget of the project and additionally the qualities of the project also get reduced. Additionally, asking for extra time within the project is also one of the good options however crashing will be much better as deliver of the project will be done on time [7]. The budget that get increased due to crashing will be managed with the additional budget $30,000 that is mainly present within the project. Moreover, post project review should be undertaken at the handover phase for making sure that the project gets completed on time and within the budget. 1.3Monitoring and control As it is analyzed that the project manager is not giving proper focus on reporting as well as reviewing progress of the project then it is necessary to emphasize the requirement of progress monitoring as well as reporting by the project manager [5]. The project manager takes the responsibility of developing a plan that will reflects the entire reporting as well as review procedure so that the project can be kept on track. The below table that is provided reflects on the details of project monitoring as well as control. IdReviewFrequencyNeedResponsible 1ScheduleWeeklyScheduleProject manager
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4 PROJECT MANAGEMENT trackingtrackingis neededfor avoiding slippages in the project. 2Cost trackingWeeklyThe tracking of cost is done for keepingthe projectcoton track Financial manager 3Meetingon project quality MonthlyThis is done for managingthe project quality. Quality analyst 4Trackingthe project status DailyProject status is trackedfor ensuring that the projectison track Project planner 5.Reviewing project risks WeeklyReviewingof the risks of the projectfor avoiding obstruction duringprogress of the project Risk manager
5 PROJECT MANAGEMENT 1.4Project integration management As in the present situation, scope change is one of the major issues and as a result the project manager needs to handle the scope change within the project effectively. The change within the scope of the project during the project implementation, planning as well as initiation phase must be handled by undertaking a number of steps [10]. In order to handle the scope change, first and the foremost important step is to understand the requirements of the clients properly and proper understanding of the client’s requirement and then use an approval procedure for the every change that is needed within the project. The changes are inevitable should be approved and other changed should not be. This procedure will reduce the scope change to some extent [12]. Moreover, within the implementation of e-toll system in Hyderabad ring road, the project schedule must be prepared properly and proper track should be kept on the cost and scheduling for avoiding scope changes within the project. Moreover, strict order should be provided to the team leaders to progress the project as per the scope for avoiding scope changes while undertaking the e-toll implementation project. Task 2: Project management plan 2.1 Quality management plan When the situation arises that at an important project milestone, the client does not provide approval for further project progress as the quality output of the project is not up the mark and as a result the clients are not satisfied. In such situation, the project manager needs to undertake quality assessment of the project steps that are generally finished for ensuring that the provided project maintains proper standards of the quality [14]. After reviewing it is analyzed that the quality of the project output is poor and therefore the clients does not approves further progress then it is necessary to create proper quality plan for the project. The
6 PROJECT MANAGEMENT quality plan that is developing for the project must properly understand the various quality requirements as well as expectations for successfully validating the process acceptance. Moreover, the quality analyst took the action of controlling the quality of the project deliverables by reviewing the deliverables as well as by undertaking testing of the project phases that gets completed. After controlling the quality of the project deliverables, the quality of the project deliverables must be effectively assured [7]. This step is considered to be important for both the sponsor as well as managers of the project as this steps helps in assuring that the quality of the output is maintained and the delivered or completed work follows as per the quality standards for fulfilling the needs of the clients. 2.2 Communication management plan As it is analyzed that the communication within the project is mainly done through informal way rather using formal way like meeting and documentation and therefore the project manager must respond actively for managing this situation within the project. The formalwayofcommunicationisgenerallyconsideredimportantastheformal communications are generally enabled with the project management tools [2]. Formal communication mainly includes meeting as well as written communication through emails and documentation are considered appropriate as the stakeholders can be able to handle the situation effectively. However utilization of informal way of communication not only hampers professionalism but also creates misconception about the project requirements among the staffs. Therefore, the project manager must provide strict opinion to utilize formal communication for discussing about the project and proper documentation must be kept so that if any challenges within the project occur then the problems can be reviewed by analyzing the details effectively [4]. Moreover, the project manager must imply strict procedures as well as documentation plan is order to utilize formal method of communication within the project. This particular approach of communication is considered important for
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7 PROJECT MANAGEMENT successfully implanting the processes as well as for ensuring that the completion of the project is done on proper time and budget 2.3 Stakeholder management plan As it is reflected from the present situation a change that is mainly brought within the project is not generally accepted by a particular team of the project then the project manager should take effective action for managing the situation. One of the major group or the stakeholder did not accept the changes which are mainly because of the conflict within the need of the project thus the project manager must take effective steps for controlling project conflict [8]. The stakeholders of the project must be asked for meeting and then the importance of the project change should be reflected before them so that the can be able to understand the various types of benefits that the project is mainly bringing to the project. If they will be able to understand the benefits that the change will bring then their decision might change. In addition to this, common goal for all the stakeholders of the project must be setsothattheywillbecomefocussedonachievingthegoal.Moreover,developing collaboration within the project team will generally be helpful in avoiding this type of situation where conflict arises that may obstruct the benefit that the project may get after the changes are implemented [11]. In spite of all this, proper communications within the project team are generally helpful in resolving the conflicts within the project so that the problems associated with the project can get resolved 2.4 Risk management plan As the regulatory based changes within the project generally creates changes within the wages and as a result the cost that is linked with the project mainly increases by 15% however this risk is not identified or accounted during the initial phase. In order to handle this situation, the project manager focuses on the ways that are helpful in proper management f budget by avoiding other challenges from the project [13]. The project manager must take the
8 PROJECT MANAGEMENT initiative of minimizing the cost of other expenses to an extent that is possible so that the increment in the budget by 15% can get managed effectively. Additionally, keeping track on the budget of the project of the project on a weekly bass is necessary for analyzing whether the project cost is on track and whether the manager is are to complete the project within the assigned budget [14]. Moreover, setting up clear cost control methods as well as techniques including controlling of the material cost, hardware as well as software is generally necessary as well as crucial for controlling the actual cost. Furthermore calculation as well as updating the metrics of the cost at the end of the project reporting period is considered as one of the important steps for controlling the project cost. Measuring the money that s spent on the project by comparing the amount that is assigned to the project generally showcases the variances. Thus, the problem that is associated with project finance can get managed within the help of proper cost management plan. Task 3: Ms Project 3.1 Fixed cost in MS project Figure 2: Fixed Cost (Source: Created by Author)
9 PROJECT MANAGEMENT 3.2 Baseline at 30% reflecting split task The figure that is given below shows the tasks that are splited in yellow and it is identified that the task split does not create any type of impact on the project duration. The task splits are generally done in order to interrupt the delay such that work of the project gets completed beings later than the first part. Figure 3: Baseline at 30% reflecting split task (Source: Created by Author)
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10 PROJECT MANAGEMENT 3.3 Project completion calculation The project is 70% and faces delay of 15 days. Let, X be the time that is needed for finishing the project Now, it is expected that the entire project will get completed within 67 days. Also, let us assume the variance of the project as 2 Therefore standard deviation = sqrt (2) = 1.414. , μ = 98, sd = 1.414 Thus, probabilities for project completion, (X<=67) = P (Z<= (67-67)/1.414) = P (Z<=0) = 0.5. Hence, the probability of completion of the project in time is 50%. Now, probability of completion of the project in one day early is (X<=66) = P (Z<= (67-66)/1.414) = P (Z<=-0.70711) = 0.23975. Hence, the probability for completion of the project at one day early is 23.98%. Now, probability for completion of the project one day later is P(X<=68) = P(Z<= (68-67)/1.414) = P(Z<=0.7071) = 0.76025 Hence, the probability for completion of the project at one day later is 76.03%.
11 PROJECT MANAGEMENT 3.4 Techniques used for avoiding over allocation The techniques that are utilized for avoiding over allocation are generally reflected below: Levelling of the project resources with the help of levelling technique is considered used for avoiding the problem of over allocation. By assigning more resources to the project, the problem of over allocation can be resolved By utilizing the resource usage view it is analyzed that the issue of over allocation can be resolved It is found that adding more number of resources are generally helpful in resolving over allocation. 3.5 Budget and time before and after delay Figure 4: Time and budget before delay (Source: Created by Author)
12 PROJECT MANAGEMENT Figure 4: Time and budget after delay (Source: Created by Author) Task 4: Reflection I have been engaged with the implementation of e-toll system previously and from that project I have gained a number of skills as well as experiences of managing the project. With the help of the project, I have learnt different principles of project managing including the aspects of cost management, time management as well as selection of proper project methodology. The knowledge as well as skills that I gained from that project will generally guide me in my future for handling projects as well as for dealing with various types of situations in the project.
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13 PROJECT MANAGEMENT I have improved my project management skills after getting the feedback. As per the feedback, I need to improve my skills in resource planning, resource management as well as project milestones. I have taken the feedback seriously and have worked hard for improving my skills in project management so that I will not face the same type of issue or challenges within the project. The feedback also helps in improving my skills quite effectively and has generally guided me so that I can deal with my future projects successfully. By engaging within the present project that mainly reflects on the implementation of e-toll system in Hyderabad ring road I have gained different types of knowledge as well as skills in project. I have learnt the importance of project crashing and have got to know how it is beneficial in resolving the problem of project delay. Moreover, I have also gained information as well as knowledge about task split and how it is important. In addition to this, I have also learnt the roles and responsibilities that the project manager generally have while dealing with different kinds of situation in context to quality management, communication management and more. The two guest lecturers generally provide us information about the practical use of Microsoft project for creating the schedule as well as for managing the project. From the lecturer, I have got to know about how the problem that is associated with resource over allocation can be resolved. In addition to this, the lecturers generally assists in providing proper as well as detailed knowledge about the other aspects of the project that will generally be undertaken for successfully developing the entire project. I need to learn more about the project management related aspects so that I can use those knowledge as well as skills in practical projects. Engagement within the practical projects will generally help me in gaining skills that are helpful for handling my future projects. In addition to this, I need to improve my skills in decision making for resolving
14 PROJECT MANAGEMENT different types of risks. It is analyzed that appropriate focus on work will generally be helpful in developing proper skills but generally helpful in bridging the gap so that I can learn new types of information about the various project.
15 PROJECT MANAGEMENT Bibliography [1].H. Kerzner, and H.R Kerzner.,Project management: a systems approach to planning, scheduling, and controlling. John Wiley & Sons, 2017. [2].J. Binder,Global project management: communication, collaboration and management across borders. Routledge, 2016. [3].D.Z. Milosevic and R.J. Martinelli.,Project management toolbox: tools and techniques for the practicing project manager. John Wiley & Sons, 2016. [4].H. Kerzner,Project management metrics, KPIs, and dashboards: a guide to measuring and monitoring project performance. John Wiley & Sons, 2017. [5].R. Joslin and R. Müller, Relationships between a project management methodology and project success in different project governance contexts.International Journal of Project Management,33(6), pp.1377-1392, 2015. [6].L. Mathiaszyk, C. Volkmann and S. Read, Effectual Project Management: Thinking Like an Expert Entrepreneur2, 2019. [7].H.A Hornstein, The integration of project management and organizational change management is now a necessity.International Journal of Project Management,33(2), pp.291-298, 2015. [8].P. Svejvig, and P. Andersen, Rethinking project management: A structured literature review with a critical look at the brave new world.International Journal of Project Management,33(2), pp.278-290,2015. [9].J. Kivila., M. Martinsuo, and L. Vuorinen., Sustainable project management through project control in infrastructure projects.International Journal of Project Management,35(6), pp.1167-1183, 2017.
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16 PROJECT MANAGEMENT [10].R.D. Archibald and S. Archibald,Leading and Managing Innovation: What Every Executive Team Must Know about Project, Program, and Portfolio Management. Auerbach Publications, 2016. [11].M.G. Kaiser.,F. El Arbi, and F. Ahlemann, Successful project portfolio management beyond project selection techniques: Understanding the role of structural alignment.International Journal of Project Management,33(1), pp.126-139, 2015. [12].C.E.M Serra and M. Kunc, M.,Benefits realisation management and its influence on project success and on the execution of business strategies.International Journal of Project Management,33(1), pp.53-66, 2015. [13].J. Ramazani and G. Jergeas, 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.41-52,2015 [14].A. Bucero and R.L. Englund,, October. Project sponsorship: Achieving management commitment for project success. Project Management Institute, 2015, [15].E.C. Conforto., D.C. Amaral, S.L. da Silva, A. Di Felippo, and D,S.L Kamikawachi, The agility construct on project management theory.International Journal of Project Management,34(4), pp.660-674, 2016.