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Project Management Case Study: Work Breakdown Structure and Risk Register

   

Added on  2023-04-26

23 Pages2832 Words276 Views
Leadership Management
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Running head: PROJECT MANAGEMENT
Case Study- Case Study for Project Management Assignment Spring 2019
Name of the Student
Name of the University
Author’s Note
Project Management Case Study: Work Breakdown Structure and Risk Register_1

1
PROJECT MANAGEMENT
Table of Contents
Task 2: Work Breakdown Structure................................................................................................2
2.1 Definition of WBS.................................................................................................................2
2.2 Utilization and WBS and its importance...............................................................................2
2.3 Different layout of the WBS that are currently present.........................................................2
2.4 Explanation of the most appropriate type of WBS................................................................2
2.5 Importance of critical path analysis.......................................................................................0
Task 3: Risk register........................................................................................................................0
3.1 Definition of risk....................................................................................................................0
3.2 Type of risks..........................................................................................................................0
3.3 Definition of risk register.......................................................................................................1
3.4 Project risk management and its importance.........................................................................1
3.5 Risk management table..........................................................................................................0
Task 4: Report to the project sponsor..............................................................................................0
4.1 Discussion of strong leadership in a project using examples................................................0
4.2 Strengths and weaknesses of using selected methodology and recommendation about
proper methodology.....................................................................................................................0
References........................................................................................................................................4
Project Management Case Study: Work Breakdown Structure and Risk Register_2

2
PROJECT MANAGEMENT
Task 2: Work Breakdown Structure
2.1 Definition of WBS
Work breakdown structure is one of the essential part of project lifecycle as well as
timeline. It is found that the WBS helps in managing the tasks of the project quite effectively
(Siami-Irdemoosa, Dindarloo and Sharifzadeh 2015). The main purpose of the entire project is to
minimize the various complicated activities to a collection of tasks.
2.2 Utilization and WBS and its importance
WBS is mainly utilized by the project managers for overseeing the tasks quite effectively
and for defining the limits so that the project management team can be able to determine the
advancement within the project by ensuring that the project is finished (Burghate 2018).
2.3 Different layout of the WBS that are currently present
The different layouts of the WBS that are currently present are generally listed below:
Outline view
Hierarchical structure
Tabular view
Tree structure view
2.4 Explanation of the most appropriate type of WBS
The tree structure view is considered to the most popular format of WBS that is mainly
utilized for understanding the entire view of the project quite effectively. The work breakdown
structure that is presented below is in the form of a table that includes information related to
dependencies, milestones as well as project summary tasks.
Project Management Case Study: Work Breakdown Structure and Risk Register_3

3
PROJECT MANAGEMENT
Project Management Case Study: Work Breakdown Structure and Risk Register_4

Organizing event
£50,000.00
Initiation phase
£10000.00
Planning phase
£15000.00
Execution phase
£20000.00
Closure phase
£5000.00
Development of business case
£2000.00
Feasibility analysis
£2000.00
Project charter
£3000.00
Appointing team members
£3200.00
Getting approval
£0000.00
Milestone 1: Completion of initiation phase
Venue selection
£000.00
Event approval
£1000.00
Audience identification
£3000.00
Invitations to local/national £4000.00
Listing audiences
£3000.00
Providing invitation card
£4000.00
Making arrangement £3000.00
Seating arrangement
£2000.00
Arrangement for formal ceremony
£5000.00
Opportunity to staff to get tours £6000.00
Milestone 2: Completion of planning phase
Celebratory elements including food £3000.00
Discussing importance of teaching rooms £1000.00
Milestone 3: Completion of execution phase
Post project review
£2000.00
Stakeholder sign off
£1000.00
Documentation
£2000.00
Milestone 4: Completion of closure phase
Running head: PROJECT MANAGEMENT
Figure 1: Work Breakdown structure for the project
(Source: Created by Author)
Project Management Case Study: Work Breakdown Structure and Risk Register_5

Running head: PROJECT MANAGEMENT
2.5 Importance of critical path analysis
Critical path method is considered as one of the useful technique that is helpful for
the purpose of project planning. Critical path helps in allowing the project team to determine
the most significant tasks within the entire project (Morse 2015). Critical path that is
displayed as a bar chart helps in visualizing the critical path activities that reflects the
important tasks that are generally required in order to complete the entire project by
determining the control of the tasks during the project completion (Darko and Chan 2016).
Task 3: Risk register
3.1 Definition of risk
Project risk is considered as one of the uncertain event or condition that generally
creates impact on at least one of the project objectives (Hopkinson 2017).
3.2 Type of risks
There are number of different types of risks that can occur within the project and the
type of risks are generally listed below:
Market risk
Financial risk
Technological risk
People risk
Process risk and more
Project Management Case Study: Work Breakdown Structure and Risk Register_6

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