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Project Management Plan and Importance of Risk Management Plans

   

Added on  2020-06-06

17 Pages4225 Words327 Views
PROJECT MANAGEMENT

Table of ContentsINTRODUCTION.....................................................................................................................................3TASK........................................................................................................................................................3PROJECT MANAGEMENT PLAN.......................................................................................................104...............................................................................................................................................................13a) Importance of risk management plans and impacts on project when risk are ignored....................13CONCLUSION.......................................................................................................................................15REFERENCES........................................................................................................................................16

INTRODUCTIONProject planning is related with organizing all the activities of the project in effectiveand planned manner so that firms will attain growth and success in their project. The plans ofmanaging projects are related with organizing various activities in effective manner in order toachieve business goals. The main element of planning is related with the analyzing how theactivities will be divided by which they will establish their goals. The main aim of planningprocess is related with analyzing and gathering the important information in order to gainsuccess in the project. The shareholders are important part of every business and they should becommunicated with the most vital information so they can work according to the desiredobjectives in order to achieve success in the project (Besner and Hobbs, 2013). Planningdocument is maintained by all business in order to judge that activities are executed accordingto the desired plans. The under mentioned report is based on University of Roehampton wherenew technologies have to be implemented in the classroom so that students can easily gainknowledge from the lectures. The report is based on aims and objectives of the project, the riskwhich can be involved in the project and gantt charts are developed which are beneficial individing the activities according to desired time in which they had to be completed.TASKProject Initiation Document (PID)Title of project – Renovation of classrooms, Furniture, labs and laboratories of University of Roehampton (London Campus)., Project sponsor – Managing DirectorThe project initiation document is linked with the factor how different things will becarried with at University of Roehampton (London Campus) and they are planing to develop aneffective environment with advanced technologies and labs in which all the activities will becarried out effectively. Thus there is requirement of good networking infrastructure, furniture's,new developed hardware and software's and IT supporting desk which have to be permanentlyplaced in University of Roehampton. There are plans formulated to carry out all the workingin summer break in order to avoid inconvenience for students. The major sponsor of the projectis the managing director of University of Roehampton and he needs support and cooperationfrom all the directors of operations so he can achieve success in his project. The project is

formulated in order to implement new technologies in classroom so that students can easilylearn what the teacher wants to convey to them. There should be clarity before starting up ofany project so that all the activities are carried out in the direct directions. PID is the first factorof project management as it results in establishing aims and objectives on which overallresearch operation's will be carried out.The Project Initiation documents includes the following factors as:The objectives and the scope of the projectJustification of the project The budget of the project according to which all the activities will be executedThe defined roles duties and responsibilities of all the project participantsThe important information should be communicated to people which are effective inorder to accomplish set goals and aims of project.Project DefinitionMain Purpose: The main aim of the project is related with doing the overall working byadopting new and innovative technologies which are beneficial in order to accomplish the aimsof the project and it includes the final result and the measurable outcomes of the project.Objectives: The major objectives are linked with achievement of all the set aims andobjectives in order to get reliable and valid outcomes. The objectives which are formulated forthe project should be limited in number and this is an important factor in order to achieve all setgoals.Scope: The scope factor is linked with defining the boundaries of the overall project inorder to implement new technologies in classroom. This may include the type of clients,location of project, stakeholders involved in the project and the problem which can arise whilecompleting the project. The areas should be analysed and these should be listed where thestakeholders can work in order to achieve the best and valuable outcome for the project. If allthe objectives are clearly stated to all the persons who are involved in the project then it resultsin less changes of mistakes and all the objectives will be achieved in effective and plannedways (Chou and Yang, 2012).

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