Project Management Assignment (PDF)
Added on 2020-12-28
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PROJECT MANAGEMENT
TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1TASK...............................................................................................................................................1Project initiation document..........................................................................................................1Characteristics and role of project manager................................................................................2Theoretical framework and methodologies.................................................................................3Composition and management of team.......................................................................................4Project management plan.............................................................................................................7Measuring risk and controlling....................................................................................................9Evaluation of project success and failure..................................................................................10CONCLUSION..............................................................................................................................10REFERENCES..............................................................................................................................12APPENDIX....................................................................................................................................14
INTRODUCTIONProject management can be defined as process, application of knowledge that aids projectmanager in accomplishng the entire task on time and achieving the project objectives. Thismethodology supports business in justifying their investments and developing effectivemanagement plan (Kerzner and Kerzner, 2017). Present study is based on ABC firm that isplanning to organise an event to launch the annual report to stakeholders. Audience for this eventare project sponsor and board members. Current assignment will explain theoretical frameworkswithin project environment. Furthermore, it will produce project initiation document (PID) forthis event. In addition, study will measure and control the risk involve in this entire activity.TASKProject initiation documentProject titleTo organise an event to launch the annualreport to stakeholders of ABC companyBackgroundABC company is operating its business inmanufacturing industry. Recently it has onebranch in London and now it has planned toorganise an event to present annual report ofthe firm to its stakeholders (Harrison and Lock,2017). PurposeThe main agenda of organising thisevent is to enhance trust of stakeholdersand convince them to invest moreamount in businessPurpose of this event is to increasingfunding of ABC so that it can expandits business and can generate morerevenues.ObjectivesTo increase profitabilityTo enhance loyalty of stakeholdersProject scopeOrganising an event to launch the annual reportto stakeholders will be beneficial for ABCbecause by this way it would get opportunity to1
get more investments from sponsors.Furthermore, this event will enhancedevelopment chances of the organisation togreat extent (Nicholas and Steyn, 2017).Exclusion from scopeThis event will exclude the end user ofproducts and services of ABC company.DeliverablesProject plan, requirement documents, system,milestonesConstraintsTime, financial resources, scope, scheduleAssumptionsEfforts of human being Estimated budgetThe budget of organising this event is £12000CostsPlanning cost-£3000Accommodation cost- £2000Furnishing cost-£2000Technical cost- £1500Miscellaneous expenses-£3500Characteristics and role of project managerProject manager (PM) plays significant role in any project. Person has to handle all issuesand have to schedule activities so that actual; task can meet with its objective. The main aim ofexisting project is to organise an event to launch annual report to stakeholder of ABC Company(Muller, 2017). Role of PM in this project are described as below:Problem solverProject manager of this event project is responsible for resolving the issues that occur inorganising this event. There are many issues face by the person in order to organise an eventsuccessfully. These constrains may be related with human resource, financials etc. But PM hasto find out suitable solution for each problem so that task can be completed on time and withquality (Jalal and Koosha, 2015).CommunicatorProject manager of ABC Company needs to have good communication skill. Thischaracteristic helps them person in interacting with all stakeholders, sponsors efficiently andcommunicating annual report to them significantly. Clear an effective coordination may support2
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