Project Management: Assessment 1

Project management
Assessment 1

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY ..................................................................................................................................1
Project management plan.................................................................................................................1
Stakeholders concern..................................................................................................................1
Risk register................................................................................................................................4
Cost benefits analysis..................................................................................................................6
Time scale...................................................................................................................................7
Project execution challenges.......................................................................................................9
CONCLUSION .............................................................................................................................11
REFERENCES..............................................................................................................................12

INTRODUCTION
The project management is a process that is an application of different processes, skills,
knowledge, methods and the working experiences that assist to attain standardised goals and
objectives within the stipulated period of time. The project is based on the different practices as
like planning, execution, controlling, monitoring and implementation of various set of task and
activities with this the accomplish of target become more easier. The management of project is
completely dependent on the objectives and time line within which the overall strategy and
initiatives has been applied in systematic format (Bjorvatn, 2018). It is basically a process in
which all the team members put all its efforts so as to overcome from the primary challenges
within the specified constraints. The following report is based on the launching of an event in the
university so as to attract more of the students. The report include the risk factors, project time
line and stakeholder analysis. In addition include the cost and time benefits which is faced in
execution and associated with the challenges.
MAIN BODY
Project management plan
It is a plan that is formally represented in document formation as include all the different
undertaking that help to carry out a project by outlining goals, scope, budge, timeline and
deliverables of the project that is more essential to maintain the track record. The vital prospect
of the project is to attain all the goals with better efficiency as by managing and controlling the
association of cost along with complex situation also get deprived. The event is being based to
develop the technological advancement by which better image and value of university is
reflected within the market by which more of the new students are used to attract in systematic
way. There are different direction of project management plan and is as explained below as:
Stakeholders concern
These are those individuals or group of members those have some interest towards some
specified project and also have direct impact on the development and profit generation of
university and businesses (Brewer, 2018). They have affect the objectives, actions and policies
that is developed to make profit is specified manner. The stakeholder of universities are donors,
government, students, academic faculties those have always work for the betterment and
progress of university. The stakeholder analysis is also being more important and under this the
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adequate designing of project is managed that is completely based on the set of actions that is
taken by the other universities. As from the analysis of stakeholder the interest level of all the
individuals is considered and the certain information is processed as accordingly. In context of
University of bath the stakeholders are as donors, teachers, students, directors and the other
institution as well that is directly associated with the success of university. The relationship and
the interest in between the different stakeholders are as described below as:
Stake
holder's
name
Reason stating their
Interest
Whether they are in or
against Against
What is done to
manage them
Students The students are always
shown better and higher
interest of them. As per the
conduction of event better
image and values of the
university is processed that
helps to attract more of the
customers and ability to
circulate more information
within the market also
enhances.
The technological
advancement is a project
that produces more
favourable endings for the
university by which prior
growth and development
is attained (Daniel,
2018).
The students of
University of bath gets
more benefits with the
completion of this
project.
Teachers The teachers also has higher
interest and with this make
more innovation and
creativeness within the
study material by which
easy studies are processed.
The new ways of teaching
is produced by which the
students also get attracted
towards the studies and
actively take part as well.
The teaching objectives
must be more clearer
with this more benefits
is attained that is linked
with the attractiveness
of more students.
Principal Principal of University of
bath has higher intensity
and have played better
responsibility under which
It is a responsibility of
principal and they have
also inclined towards
effective completion of
The proposed project is
constraints in front of
principal and
furthermore, they have
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