Project Management Plan

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This project management plan details the development of 'I-Crop', an online platform for buying and selling warehoused grains. It covers key aspects like measurable organizational value, scope management, work breakdown structure, risk analysis, quality management, and project closure. The plan includes detailed Gantt charts, network diagrams, and resource allocation strategies.

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Project management

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Table of Contents
INTRODUCTION...........................................................................................................................1
PART 1............................................................................................................................................1
Identify desired area of impact...............................................................................................1
Identify the following types of value......................................................................................2
Developing (stakeholder metric)............................................................................................2
Determining the time frame for achieving the MOV.............................................................3
Summarize the MOV in concise statement............................................................................4
PART 2............................................................................................................................................4
Defining scope and produce a scope management plan.........................................................4
Identifying the detail resources for project using MS project where appropriate including . 4
PART 3............................................................................................................................................5
Work breakdown structure ....................................................................................................5
PART 4............................................................................................................................................7
Project Risk analysis and plan ...............................................................................................7
PART 5 ...........................................................................................................................................9
Quality management plan ......................................................................................................9
PART 6..........................................................................................................................................10
Annotated Bibliography.......................................................................................................10
Closure checklist..................................................................................................................10
Project Evaluation................................................................................................................10
CONCLUSION .............................................................................................................................11
REFERENCES .............................................................................................................................12
APPENDIX ...................................................................................................................................13
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INTRODUCTION
Measurable organizational value is the distinct phase while project begins with
conceptualizing the project goal and overall measure of success called MOV. This define the
value or the importance of project and the importance of project goals that project will bring for
the clients. Present assignment will be describing project identification on basis of case study
Virtucon, this company make new software of website for Globex Corporation it is the client of
Virtocon for developing an online platform named as “I-Crop”. It is an online website and
mobile enabled platform, where customer can easily manage selling or buying warehoused
grains anytime and anywhere. Present assessment helps to evaluate the effectiveness of this
website by calculating rate of return. For that, report will be presenting project scope or goals
through project manager can easily achieve their set objectives. Various types of risk involves in
the project management is also explains in the further projects.
PART 1
Identify desired area of impact
Financial
“I-Crop” website will help to increase the
profitability ratio of company. Through Globex
can easily fulfill their financial needs. It helps
to cut the cost of transferring (Binder, 2016).
"I-Crop" also can help to enhance the financial
growth of company as well as customers. In
terms of minimizing the extra cost of
purchasing or selling. Besides, this will be
giving better financial stability to farmers as
well.
Strategy
"I-Crop" is the innovative strategy that will
reduce the offline market of selling grains. This
would give positive impact on the buyers and
sellers in future times.
Customer
Customer is rational in nature; they keep
switching the products or company on basis of
price or quality. With the help of "I-Crop"
Operational
Impact of "I-Crop" website on operations is to
keep the quality and time based performance
separately (Fleming and Koppelman, 2016).
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customer will easily check out images or prices
on the websites. Another desired impact is that
customers can easily operate this website
without the access of internet as well (Fuller,
Valacich, George and Schneider, 2017).
Social
Socially I-Crop gives contribute good range of technology development and enhance the
standard value of the customers. It gives good impact on the behavior of client image.
Identify the following types of value
Better
"I-Crop" is the highest measurable
organizational value tool that helps to main
that generate new technique of producing
product and services in the quality of work. It
gives less focus on paper work, or time cost.
Faster
By applying new website into their business, it
helps to enhance the process of buying and
selling of products through transformation
process will become fast (Harrison and Lock,
2017).
Developing (stakeholder metric)
Stakeholders Target Expectations
Customers The main purpose of
customers is to get best low
priced products at champion
quality. "I-Crop" can help
clients to get the low priced
grains with good quality
(Heagney, 2016). "I-Crop"
also will help buyers in terms
of fast processing of dealing.
As per the customer
satisfaction they always need
better quality of product at low
range. Besides, in present
scenario, clients require online
services so that, they easily get
their needful products.
Suppliers Suppliers main target is to get
best deal from the company
Suppliers always needs to deal
with those companies who is
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who has good reputation in
market.
loyal and faithful (Kerzner and
Kerzner, 2017). Globex
Corporation is having both
qualities.
Employees Employees are the major
stakeholders that also affect
the organization functioning
performance (Larson and
Gray, 2015). Company needs
to make sure about its
employee performance and
their satisfaction level always.
Employees expectation is to
get good appreciation or salary
packages.
Determining the time frame for achieving the MOV
MOV time frame
Task Action Time frame
Be measurable This process required to
define clear picture or success
for all the project stakeholders.
1 week
Provide value Time and resources should not
be devoted to a project unless
it can bring value to the
organization.
2 weeks
Be agreed upon In this term company needs to
agree upon MOV sets
expectations for the projects'
stakeholder (Marchewka,
2014). MOV must be required
Woolworth.
1 week
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Be verifiable This must be verified by at the
end of the project. Company
requires measuring desired
plan with the final outcomes to
make sure about the
achievements.
1 week
Summarize the MOV in concise statement
Measurable organizational value must be communicated to all stakeholders, it helps to
realize how task will be achieved (Mir and Pinnington, 2014). That is most helpful or clearing
goals. Purpose or objective of "I-Crop" is to enhance quality or innovate the new things.
PART 2
Defining scope and produce a scope management plan.
Scope: Project scope is the process of planning that helps to define project output, goals,
deliverable, tasks, deadline, budget or costs.
The scope of MOV is that "I-Crop" helps to access internet connectivity and remote
location of clients.
Depending upon requirements, I-Crop deliver products to clients.
MOV is also benefited to created branding and marketing which is beneficial for Globex
Corporation (Nicholas and Steyn, 2017).
This helps to evaluate the required activities or action plan which is necessary to be
taken.
Scope management plan
Planning: This phase of project scope that helps to control the business goals or also
helps to managed the scope outputs. Through planning process goals helps to implement the long
term process. This option refines, verify and controls the project scope.
Definition: This process in which Globex needs to define all work or definitions of
projection in depth interviews to define the project requirements.
Creating the WBS: WBS is the most productive phase to achieve formal acceptance of
the project by appropriate stakeholders (Project Management Institute, 2018).
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Verification: this step helps to ensure formal acceptance by the stakeholder. This process
helps to focus on the main original intent.
Control: Controlling process helps to measure the actual situation or position. It helps to
monitoring the activities done by the project team. This is the process of monitoring and
controlling. This helps to managed the scope goals.
Identifying the detail resources for project using MS project where appropriate including
Resources MS Project
People During whole MS project different people were
give their participation in the overall process.
Project manager, business analyst. They are
responsible persons who takes care of the MS
project’s needs (Mir and Pinnington, 2014).
Technology MS project is the most useful project software
or a technique. Technology is the best
resources that helps to reduce efforts or
increases the possibilities of profit.
Facilities All team member of the project was situated in
office. Facilities is the another important
resource for project management such as
training, employee facilities, company facilities
etc (Larson and Gray, 2015).
Other Other resources are electronic, equipment etc.
Project manager Work P 100% $2.00/hr
Business analyst Work B 100% $3.00/hr
Technical resource Cost T
Quality manager Work Q 100% $3.00/hr
Facility resource Cost F
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HR Work H
Technical Cost T
Project manager Work P 100% $2.00/hr
PART 3
Work breakdown structure
Project Management Plan
Task Name Duration Start Finish Predecessors Resource
Names WBS
Planning 22 days Mon
9/24/18
Tue
10/23/18 1
Development of
Project Initiation
Document
10 days Mon
9/24/18 Fri 10/5/18 Project
manager 1.1
Determining
resources of project 5 days Mon
10/8/18 Fri 10/12/18 2 Project
manager 1.2
Formulation of
goals and objectives 3 days Mon
10/15/18
Wed
10/17/18 3 Project
manager 1.3
Setting deadlines 2 days Thu
10/18/18 Fri 10/19/18 4 Project
manager 1.4
Gathering Team 2 days Mon
10/22/18
Tue
10/23/18 4,5 Project
manager 1.5
Develop 9 days Wed
10/24/18
Mon
11/5/18 2
Conducting
meeting 1 day Wed
10/24/18
Wed
10/24/18 6 Business
analyst 2.1
Scope of project 2 days Thu
10/25/18 Fri 10/26/18 8 Project
manager 2.2
Collection of data 3 days Mon
10/29/18
Wed
10/31/18 8,9 Technical
resource 2.3
WBS structuring 1 day Thu 11/1/18 Thu 11/1/18 10 Technical
resource 2.4
Planning of budget 2 days Fri 11/2/18 Mon
11/5/18 11 Project
manager 2.5
Implement 3 days Tue
11/6/18
Thu
11/8/18 3
Assuring quality 2 days Tue 11/6/18 Wed
11/7/18 12 Quality
manager 3.1
Training of team 1 day Thu 11/8/18 Thu 11/8/18 14 Facility
resource 3.2
Evaluate 9 days Fri 11/9/18 Wed 4
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11/21/18
Change control
integration 2 days Fri 11/9/18 Mon
11/12/18 15 Business
analyst 4.1
Monitoring and
control of project 3 days Tue
11/13/18
Thu
11/15/18 17 Project
manager 4.2
Checking of quality 4 days Fri 11/16/18 Wed
11/21/18 18 Project
manager 4.3
Closure 5 days Thu
11/22/18
Wed
11/28/18 5
Evaluation of
project 2 days Thu
11/22/18 Fri 11/23/18 19 Project
manager 5.1
Areas of
modification 3 days Mon
11/26/18
Wed
11/28/18 21 Project
manager 5.2
Resource Name Work Budget Cost Budget Work Cost
HR 344 hrs 300 hrs $728.00
Project manager 304 hrs $608.00
Development of
Project Initiation
Document
80 hrs $160.00
Determining
resources of project 40 hrs $80.00
Formulation of
goals and objectives 24 hrs $48.00
Setting deadlines 16 hrs $32.00
Gathering Team 16 hrs $32.00
Scope of project 16 hrs $32.00
Planning of
budget 16 hrs $32.00
Monitoring and
control of project 24 hrs $48.00
Checking of
quality 32 hrs $64.00
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Evaluation of
project 16 hrs $32.00
Areas of
modification 24 hrs $48.00
Business analyst 24 hrs $72.00
Conducting
meeting 8 hrs $24.00
Change control
integration 16 hrs $48.00
Quality manager 16 hrs $48.00
Assuring quality 16 hrs $48.00
HR 300 hrs
Project_Manage
ment 300 hrs
Technical $200.00 $0.00
Technical resource $0.00
Collection of data $0.00
WBS structuring $0.00
Facility resource $0.00
Training of team $0.00
Technical $200.00
Project_Manage
ment $200.00
Gantt Chart
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Network Diagram
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PART 4
Project Risk analysis and plan
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Risk identification
Risk Area of impact Ranking Identified Risk Description of
Risk
Operational
Risk
Project
deliverable
1 Operational risk
identified the
procedure should
capture
operational from
all types of
business function,
services rendered
by bank (Larson
and Gray, 2015).
Globex
Corporation must
need to focus on
the business
activities and
ensure all
procedure
execution.
Operational risk
directly impact on
the project
outcomes. Due to
which customer
might be
dissatisfied or
unhappy. It
affects long term
strategic goals of
project.
Cost Risk Budget 2 Cost risk is the
type of scheduled
risk in which
project manager
needs to ensure
about enough
funds are
available to
complete the
Financial
manager needs to
make systematic
format or
planning to get
rid of those issues
(Larson and Gray,
2015).
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project on time.
Personnel Risk Company
employees
3 This risk affects
the relationship
between
employees. This
might be give low
attention to “I-
Crop”
implementation
(Kerzner and
Kerzner, 2017).
This risk can be
reduce by
applying
motivational, or
learning theories
on employees.
Customer Risk Profitability 4 Customer risk
must be effect the
sales of company
due to which
Globex
Corporation
facing low
profitability ratio
(Larson and Gray,
2015).
Company needs
to focus on
customer needs
and provide them
better quality of
website services.
Security Risk Company values 5 Security risk
identification can
affect the ethical
values of
company. Also,
damage
reputation and
legal standing
(Mir and
Security is must
in IT technology.
Virtucon must
require providing
the best security
policy for “I-
Crop”.
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Pinnington,
2014).
PART 5
Quality management plan
Quality management is the essential functional process for providing quality product or
services. This activity help to ensure the client expectation, like I-Crop website is the most
productive or based on new concept that helps to Globex Corporation to earn enough profit or
market value (Larson, Gray, Danlin, Honig and Bacarini, 2014). The main purpose of this
software is to offering online services to buy grains.
Quality Planning
In this planning phase project manager needs to ensure all security policy, scope
statement, product description, standard and regulations. This phase of QM helps to ensure the
ethics and further security assurance.
Quality Assurance
This process helps to ensure operational definitions. In which project manager is
responsible to make sure regular activities to meet the quality standards.
Quality Control
This phase of QM give more specific project results to measure the actual position of
planning. Besides, it also helps to eliminate the causes of unsatisfactory performance (Larson
and Gray, 2015).
Overall, steps is very distinct to ensure the “I-Crop” quality so that, Globex Corporation
can get better or satisfactory result goals. This process also helps to ensure the satisfactory level
of Globex Corporation.
PART 6
Annotated Bibliography
Covered in Appendix
Closure checklist
Closure checklist helps to ensure about the completion of every activity that has been
planned for the overall goal. Each activity has been held on a particular person.
Following list are likely to include in closure list
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Handover the all complete deliverable (Project Management Institute, 2018).
All the required deliverable must have been signed by clients or sponsor
Project review complete
All staff members must know their duties & role.
Completion and storage of project file.
Project Evaluation
Project evaluation is the systematic analysis to gather data reveal the effectiveness and
efficiency of the overall activity of management. This helps to keep monitoring the process to
ensure the positive work (Nicholas and Steyn, 2017). This helps to show what next can be done
to make better production level.
CONCLUSION
From the basis of above section, it has been defined that to execute project objectives
successfully MOV is the great tool to implement planning into productive manner. Present report
defined the importance of “I-Crop” website which offering fast accessibility of payment mode
and provides the best quality of grains.
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REFERENCES
Books and journals
Binder, J., 2016. Global project management: communication, collaboration and management
across borders. Routledge.
Fleming, Q. W. and Koppelman, J. M., 2016, December. Earned value project management.
Project Management Institute.
Fuller, M. A., Valacich, J. S., George, J. F. and Schneider, C., 2017. Information Systems Project
Management: A Process and Team Approach, Edition 1.1. Prospect Press.
Harrison, F. and Lock, D., 2017. Advanced project management: a structured approach.
Routledge.
Heagney, J., 2016. Fundamentals of project management. Amacom.
Kerzner, H. and Kerzner, H. R., 2017. Project management: a systems approach to planning,
scheduling, and controlling. John Wiley & Sons.
Larson, E. W. and Gray, C. F., 2015. A Guide to the Project Management Body of Knowledge:
PMBOK (®) Guide. Project Management Institute.
Larson, E. W. and Gray, C. F., 2015. A Guide to the Project Management Body of Knowledge:
PMBOK (®) Guide. Project Management Institute.
Larson, E. W. and et.al.,2014. Project management: The managerial process (Vol. 6).
Grandview Heights, OH: McGraw-Hill Education.
Marchewka, J. T., 2014. Information technology project management. John Wiley & Sons.
Mir, F. A. and Pinnington, A. H., 2014. Exploring the value of project management: linking
project management performance and project success. International journal of project
management. 32(2). pp.202-217.
Nicholas, J. M. and Steyn, H., 2017. Project management for engineering, business and
technology. Routledge.
Project Management Institute, 2018. A Guide to the Project Management Body of Knowledge
(PMBOK® Guide)-(SIMPLIFIED CHINESE). Project Management Institute.
Turner, J. R., 2014. Handbook of project-based management(Vol. 92). New York, NY:
McGraw-hill.
Verzuh, E., 2015. The fast forward MBA in project management. John Wiley & Sons.
Walker, A., 2015. Project management in construction. John Wiley & Sons.
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[Pdf]
BASICS OF PROJECT PLANNING. 2012. [Pdf] Available
through :<http://zilicus.com/Articles/Basics_Of_Project_Planning.pdf>.
JICA Guideline for Project Evaluation. 2004 [Pdf] Available through :
<https://www.jica.go.jp/english/our_work/evaluation/tech_and_grant/guides/pdf/
guideline01-01.pdf>.
Chapter 7: The Project Life Cycle. 2018. [Pdf] Available
through :
<https://alison.com/course/276/resource/file/chapter_7_the_project_life_cycle.pdf>.
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