Project Management: Techniques for Successful Project Development

PROJECT MANAGEMENT
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Table of Contents
Introduction......................................................................................................................................3
Project context.................................................................................................................................3
Rationale for proposed plan and choice of methods........................................................................4
1. Technique 1: PESTLE Analysis..................................................................................................5
2. Technique 2: Work Breakdown Structure to analyze the project components...........................6
3. Technique 3: Gantt chart for the project......................................................................................7
4. Technique 4: Undertake a Risk Analysis for the project and identify a Risk Management......11
5. Technique 5: Responsibility, Accountability, Consulted and Informed (RACI) Matrix for the
Project............................................................................................................................................12
6. Technique 6: Stakeholder Management Strategy for the key project stakeholders...................14
Recommendation...........................................................................................................................17
Conclusion.....................................................................................................................................18
References......................................................................................................................................19
Appendix: 1: Pestle Analysis.........................................................................................................22
Appendix 2: WBS..........................................................................................................................22
Appendix 3: Gantt chart and project schedule...............................................................................23
Appendix 4: Risk analysis strategy or process..............................................................................24
Appendix 5: RACI Matrix.............................................................................................................25
Appendix 6: Stakeholder Management strategy............................................................................26
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Introduction
The primary motive and objective of the project development are involved with the research and
development, marketing and the manufacturing of the new canned products manufactured by a
major food manufacturer of the country. The project plan will be developed by the project
designers, and that will be presented to the senior management team of the organization, which
will lead the whole scenario for the further research development and the production or
manufacturing of the products. On the other hand, it has been further realized that with the help
of the project development, the overall scenario and the phenomenon of the market can be
further realized that will further lead for more design process and design research methods.
Moreover, it can be noted that the minimum budget for the project has been £2.5 million and the
project also should be delivered within the actual time frame with the advanced quality and also
with the increased responsiveness towards the project (Andersen, 2016).
On the other hand, it has been further realized that in the project, the project context has been
given along with the rationale for the proposed plan and choice of the methods. In order to carry
out a project, different research methods have been used and that have been used for some
particular reasons. Thus, the particular reasons for using those research methods have been
described in this research study. Furthermore, the project context is also one of the important
parts of the project development. In the project context, the basic theme or the subject of the
study has been engraved, and on that same theme and the subject, the whole discussion of the
project is pillared upon (Badewi, 2016).
Project context
It can be further observed that the main project context is about the new project development,
which is consisting of different review points and the activities. The activities are very necessary
for gathering more information and data for solving out the difficulty of the projects. The project
plan will be developed by the project designers, and that will be presented to the senior
management team of the organization, which will lead the whole scenario for the further research
development and the production or manufacturing of the products. Furthermore, it has been
observed that interspersed between the two decisions will be reviewed for developing the next
stage of the project and thus heading the project towards the prior completion within the desired
time frame. Moreover, it can be further recognized that some of the researchers do not allow to
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end the project until the previous gathering of all the noted information for the full completion of
the project (Bjorvatn & Wald, 2018).
On the other hand, it has been further realized that with the help of the project development, the
overall scenario and the phenomenon of the market will be further realized that will further lead
for more design process and design research methods. It can be further noticed that the reviewing
of the core assignment or the project will be done for the controlling the risk, prioritizing the
project and also allocating the same amount of resources for leading the tea for the cross-
disciplinary access (de Carvalho et al., 2015). In the case of the project development, it has been
further noted that the review of the team has been typical for the cross-disciplinary actions,
comprising of some of the senior managers from the research and development, finance and
marketing department. On the other hand, it has been further noticed that, the senior managers of
the organization has given sharp direction to the research designers to follow the review practices
method as it has been considered as one of the traditional methods and for the last four years, all
the project developers have been following the same steps and methods for reviewing their own
projects (Carvalho & Rabechini Junior, 2015).
It has been further noted that the present project development will be based on the reviews of the
425 product development and the management association members; those have primarily
focused on the three main elements and manners. Those are the testing of the initial screening of
the project. Development and the prior testing of the project and the commercialization of the
research project (Montoya et al., 2009)
Rationale for proposed plan and choice of methods
Moreover, it has been further noticed that the budget of the project is much comfortable for the
designers and thus the conduction of the primary research will be possible. In this paper, it can
be noted that there are three themes of the research project and it is behind the conduction of the
primary research. The three research criteria are the development of the research theories and the
review points and also a detailed analysis of the review criteria. Moreover, the decision makers
of the review committee have also been proved proficient and competent for the core
enhancement of radical and incremental projects all over the world (Todorović et al., 2015).
On the other hand, it has been further realized that in the project, the project context has been
given along with the rationale for the proposed plan and choice of the methods (Svejvig &
Andersen, 2015). In order to carry out a project, different research methods have been used and
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that have been used for some particular reasons. Another main reason behind the development of
the project is the reviewing of the NPD projects with the help of the Product Development &
Management Association (PDMA) members (Cha et al., 2018).
Thus, the particular reasons for using those research methods have been described in this
research study. Furthermore, the project context is also one of the important parts of the project
development. In the project context, the basic theme or the subject of the study has been
engraved, and on that same theme and the subject, the whole discussion of the project is pillared
upon (Heagney, 2016).
1. Technique 1: PESTLE Analysis
Political: Britain's referendum to leave the European Union (EU) has distorted the political
scenario of this country. On another hand, high corruption level and terrorism activities might
influence the expected outcome of this plan. It can also be said that the food manufacturing
industry of the UK might also face some trade-related issues for this Brexit issue.
Economic: The food manufacturing industry of this country has been expanded significantly.
Hence, it is observed that the UK Government has taken effective initiatives to minimize the
scarcity of the foods. Therefore, it is also observed that the UK economy is effectively dependent
on the food industry. Therefore, introducing new soups might play effective roles in developing
the economy of this country.
Socio-cultural: A recent research has identified that more than a billion people in the UK are the
victim of insufficient calories. Besides these, approximately a quarter portion of the people in
this country is facing the issue of obesity. Hence, the introduction of healthy soup will help the
company to influence the buying behavior of consumers.
Technological: To improve access to the food system and maintaining safety, multiple types of
equipment have been developed. Therefore, an example can be drawn from the recent
introduction of Artificial Intelligence (AI), which has helped the food manufacturing industry to
reach new heights.
Legal: The proposed product should comply with the regulatory guidelines provided by the
Government of the UK. Hence, it is essential for the project manager to meet the quality
standards of products.
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Environmental: The product development team should focus on keeping the environment safe.
Hence, multiple environment protection acts should be followed, while packaging and
manufacturing the product.
2. Technique 2: Work Breakdown Structure to analyze the project components
In order to make the product, a market success many steps need to be followed, and the work can
be broken down as given below:
Phase 1: Project Initiation
Market research is the main prospect of this stage. The proposed product is basically ready for
the canned soup that consumers can warm and consume (Hoda & Murugesan, 2016). The market
currently has many such products, and this new line of soups which are proposed to be excellent
soups need to be well researched with the needs and demands of the market in order to be a
successful product.
Phase 2: Project Planning
Planning and finalizing the product and flavors to be offered is the second phase of this project.
The research team will need to find the trends from the survey and come up with the final
product plan along with the menu or the flavors of the soup that will be offered (Hornstein,
2015).
Phase 3: Launch and execution
Recruitment of manpower and development of production facility planning can be implemented
in this phase (Joslin & Muller, 2015). Launching and executing of the planning are the two of the
most important parts of the entire process where the team and facility that will be used for
developing the product will be finalized. Manpower would include the entire team from market
procurers to chefs to marketing personnel to goods handling and transportation team.
Phase 4: Performance and control
Production, packaging, and marketing of the product need to be done in this phase. The
penultimate step will be the production of the soup and the packaging of the soup along with its
marketing. This step will ensure the success of the product to a large extent as the final product is
being produced and the quality of the product will be of essential importance. Then comes the
packaging of the product which again is very important because if the product packaging is
attractive, then consumers tend to get attracted to it and thus sales generally happen to be on the
higher side (Kerzner & Kerzner, 2017). Next is marketing of the product, in today’s world
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