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Running Head: PROJECT MANAGEMENT Project Management Name of the Student Name of the University
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1PROJECT MANAGEMENT 7. Project Stakeholders Management a. Specific Targets / Users of the Project In this project, Sisense is looking to develop a new and advanced business intelligence tool that will have a wide range of features and will be able to transform the regular operations of the business organizations completely. The specific targets / users of the project are the various large scale business organizations that will be able to utilize the business intelligence tool to enhance their business operations. b. Internal and External Stakeholders of the Project There are a number of internal and external stakeholders who will be involved in this particular project. These stakeholders are listed as follows. Internal Stakeholders– The internal stakeholders are those who will work from within the organization and perform various activities in the project. External Stakeholders– The external stakeholders are personnel working outside of the organization but will have certain roles to play in the project. Internal StakeholdersExternal Stakeholders Project ManagerProject Sponsor Project Finance ManagerCustomers Chief IT OfficerBusiness Consultant Senior Business Analyst- Resource Manager-
2PROJECT MANAGEMENT c. Stakeholder Register and Stakeholder Management Plan The stakeholder register for the project is presented in the following table. NamePositionInternal / External Project RoleContact Information PLEASE FILLProject ManagerInternalManagement, planningand monitoringofthe project PLEASE FILL PLEASE FILLProjectFinance Manager InternalManagingfunds for the project PLEASE FILL PLEASE FILLChief IT OfficerInternalManagingtheIT aspectsofthe project PLEASE FILL PLEASE FILLSeniorBusiness Analyst InternalMarketing, business feasibility testing PLEASE FILL PLEASE FILLResource ManagerInternalProcurementand managementof project resources PLEASE FILL The stakeholder management strategy for Sisense is shown in the following table. NameRoleLevel of InterestLevel of InfluencePotential Management Strategies PLEASE FILLProject ManagerHighVery HighManageallaspects
3PROJECT MANAGEMENT oftheprojects,no workwillbedone withouthis authorization PLEASE FILLProjectFinance Manager MediumHighManagethebudget allocatedforthe project PLEASE FILLChief IT OfficerHighHighEvaluatesystem requirements, provideadvice regardingnew hardware or software requirements PLEASE FILLSenior Business Analyst Very HighMediumAnalyzewhether projectisfeasible, conductmarketing of the product PLEASE FILLResource Manager MediumMediumProcurenecessary resourcesrequired for the project 8. Project Schedule Management a. Key Milestones The key milestones of the project are as follows.
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4PROJECT MANAGEMENT Key MilestoneEstimated Completion Date Meeting with Sisense Board14/12/2017 Authorization of Project22/12/2017 Go Ahead for Project10/1/2018 Connect BI Portal with Central Server9/4/2018 Project Handover24/4/2018 Official Closing11/5/2018 b. Project WBS The project work breakdown structure is shown in the following diagram showing all deliverables, sub-deliverables and work packages. Figure 1: Project WBS (Source: Created by Author)
5PROJECT MANAGEMENT c. Activity List The activity list of the project is follows. 1Development of New Business Portal for Sisense 1.1Project Planning 1.1.1Survey of Existing Services 1.1.2Meeting with Sisense Board 1.1.2.1Determination of New Features of Proposed Business Portal 1.1.2.2Prepare Project Plan 1.1.3Authorization of the Project 1.2Project Initiation 1.2.1Appoint Stakeholders for Project 1.2.2Develop Project Charter 1.2.2.1Determine Project Scope 1.2.2.2Determine Project Deliverables 1.2.2.3Make Assumptions 1.2.2.4Evaluate Constraints 1.2.2.5Check for Business Feasibility
6PROJECT MANAGEMENT 1.2.2.6Calculate Overall Project Budget 1.2.3Go Ahead for Project 1.3Project Execution 1.3.1Assign Roles to Stakeholders 1.3.2Hire System Developers 1.3.3Procure Budget for Project 1.3.4Initiate Development 1.3.4.1Upgrade Software and Hardware 1.3.4.2Develop Software Platform 1.3.4.3Add All Required Features 1.3.4.4Develop Business Intelligence Portal 1.3.4.5Connect the Portal with Central Server 1.3.5Run the System 1.3.5.1Identify Errors and Bugs 1.3.5.2Debugging
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7PROJECT MANAGEMENT 1.3.5.3Risk Management 1.3.5.4Final Testing 1.3.5.5Project Handover 1.4Project Closing 1.4.1Review of Project 1.4.2Appraisal 1.4.3Documentation of Project 1.4.4Stakeholder Sign Off 1.4.5Official Closing d. Project Schedule Network Diagram The network diagram of the project is shown as follows. Figure 2: Network Diagram of Project (Source: Created by Author)
8PROJECT MANAGEMENT Project Resources Material ResourcesHuman Resources SoftwareHardware Management Team Marketing Team Project Team Tester Developer Analyst e. Activity Resource Requirements Each of the activities in the project requires various resources that include human and material resources. While the human resources are required to perform activities in the project, the material resources are required to achieve the goal of the project. The detailed resource breakdown structure is shown in the following diagram. f. Resource Breakdown Structure
9PROJECT MANAGEMENT Figure 3: Resource Breakdown Structure (Source: Created by Author) g. Activity Duration Estimates The activity duration estimates are shown in the following table. Activity NameDurationStartFinish DevelopmentofNewBusiness Portal for Sisense 112 daysThu 12/7/17Fri 5/11/18 Project Planning12 daysThu 12/7/17Fri 12/22/17 Survey of Existing Services5 daysThu 12/7/17Wed 12/13/17 Meeting with Sisense Board7 daysThu 12/14/17Fri 12/22/17 Determination of New Features of Proposed Business Portal 2 daysThu 12/14/17Fri 12/15/17 Prepare Project Plan5 daysMon 12/18/17Fri 12/22/17 Authorization of the Project0 daysFri 12/22/17Fri 12/22/17 Project Initiation13 daysMon 12/25/17Wed 1/10/18 Appoint Stakeholders for Project2 daysMon 12/25/17Tue 12/26/17 Develop Project Charter11 daysWed 12/27/17Wed 1/10/18
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10PROJECT MANAGEMENT Determine Project Scope1 dayWed 12/27/17Wed 12/27/17 Determine Project Deliverables1 dayThu 12/28/17Thu 12/28/17 Make Assumptions1 dayFri 12/29/17Fri 12/29/17 Evaluate Constraints1 dayMon 1/1/18Mon 1/1/18 Check for Business Feasibility5 daysTue 1/2/18Mon 1/8/18 Calculate Overall Project Budget2 daysTue 1/9/18Wed 1/10/18 Go Ahead for Project0 daysWed 1/10/18Wed 1/10/18 Project Execution74 daysThu 1/11/18Tue 4/24/18 Assign Roles to Stakeholders2 daysThu 1/11/18Fri 1/12/18 Hire System Developers2 daysMon 1/15/18Tue 1/16/18 Procure Budget for Project2 daysWed 1/17/18Thu 1/18/18 Initiate Development57 daysFri 1/19/18Mon 4/9/18 Upgrade Software and Hardware2 daysFri 1/19/18Mon 1/22/18 Develop Software Platform10 daysTue 1/23/18Mon 2/5/18 Add All Required Features20 daysTue 2/6/18Mon 3/5/18
11PROJECT MANAGEMENT Develop Business Intelligence Portal 25 daysTue 3/6/18Mon 4/9/18 Connect the Portal with Central Server 0 daysMon 4/9/18Mon 4/9/18 Run the System4 daysTue 4/10/18Fri 4/13/18 Identify Errors and Bugs2 daysTue 4/10/18Wed 4/11/18 Debugging2 daysThu 4/12/18Fri 4/13/18 Risk Management5 daysMon 4/16/18Fri 4/20/18 Final Testing2 daysMon 4/23/18Tue 4/24/18 Project Handover0 daysTue 4/24/18Tue 4/24/18 Project Closing13 daysWed 4/25/18Fri 5/11/18 Review of Project5 daysWed 4/25/18Tue 5/1/18 Appraisal2 daysWed 5/2/18Thu 5/3/18 Documentation of Project5 daysFri 5/4/18Thu 5/10/18 Stakeholder Sign Off1 dayFri 5/11/18Fri 5/11/18 Official Closing0 daysFri 5/11/18Fri 5/11/18
12PROJECT MANAGEMENT h. Project Gantt Chart The project Gantt chart is shown in the following diagram. Figure 4: Project Gantt Chart (Source: Created by Author) i. Management of the Schedule For the management of the schedule for the project, the estimated schedule is being developed using the scheduling software and the Gantt chart. In this schedule, all the activities of
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13PROJECT MANAGEMENT the project have been broken down into deliverables, sub-deliverables and work packages. These work packages are to be performed and completed within the allocated time frame mentioned in the Gantt chart. j. Other Information Related to Time Management In addition to the project scheduling, a change control document is to be developed. During execution of the project, there may occur some unforeseen incident that delays a particular work package. As a result, the entire schedule for the remaining part of the project will have to be changed. These changes will be documented in the change control document. Regarding the enterprise environment, the external environment may significantly affect the progress and cost benefit of the project. The external environment includes market factor, inflation, rise of competitors, cheaper alternatives and others. These factors will also have significant effect on the overall timeline of the project.
14PROJECT MANAGEMENT Bibliography Bourne, L. (2016).Stakeholder relationship management: a maturity model for organisational implementation. CRC Press. Cui, J. (2017). 21. Model Research of Project Schedule Management System Based on Particle Swarm Optimization Algorithm.Revista de la Facultad de Ingeniería,32(15). Eskerod, P., & Jepsen, A. L. (2016).Project stakeholder management. Routledge. Fleming, Q. W., & Koppelman, J. M. (2016, December). Earned value project management. Project Management Institute. Gollenia, L. A. (2016).Business transformation management methodology. Routledge. Harrison, F., &Lock,D.(2017).Advancedprojectmanagement:astructuredapproach. Routledge. Heagney, J. (2016).Fundamentals of project management. AMACOM Div American Mgmt Assn. Heldman, K. (2018).PMP: project management professional exam study guide. John Wiley & Sons. Kerzner, H., & Kerzner, H. R. (2017).Project management: a systems approach to planning, scheduling, and controlling. John Wiley & Sons. Martinelli, R. J., & Milosevic, D. Z. (2016).Project management toolbox: tools and techniques for the practicing project manager. John Wiley & Sons.