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Project Management Consultancy Report INTRODUCTION 3 SECTION 13

   

Added on  2020-01-15

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FinanceLeadership Management
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Project Management Consultancy Report1
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Table of ContentsINTRODUCTION................................................................................................................................3SECTION 1..........................................................................................................................................31. Defining the project in terms of outcomes and purposes.............................................................32. Project SMART objectives...........................................................................................................43 Specifying the project scope..........................................................................................................44. Cost estimation for the project budget..........................................................................................55. Clarifying project scheduling.......................................................................................................66. Gantt chart, breakdown of all activities, network diagram with critical path and key milestones..........................................................................................................................................................77. Critical analysis of the project stakeholders i.e. Project Stakeholder Analysis..........................128. Assessment of project procurement strategies............................................................................129. Critical analysis the uncertainties that may affect the project objectives by creating a risk register............................................................................................................................................13SECTION 2........................................................................................................................................15CONCLUSION..................................................................................................................................17REFERENCES...................................................................................................................................182
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INTRODUCTION Project Management can be considered as an art to manage the project and its outcomes witha view to produce finished service or product. Without any significant approach of managingproject and achieve set objectives, it is hard for a company to successfully implement the plan withthe various constraints such as time, quality, scope, budget etc (Adak and Yumuşak, 2013). Insimple word, it can be said that there should be a framework and defined way to perform a workand ensure that the plan work can be effectively manage and deliver the expected outcomes. So,project management is about creating structure and managing the project to convey agreed results.There are several reasons which promotes the usefulness of project management are organizingchaos, managing risks, quality management, learn from mistakes, managing changes etc. Thepresent consultancy report is based on project management to understand its importance;ProjectPlus Case Study is taking into the consideration (Burke, 2013). It is a small influentialadvisory firm that specialises in project and programme management consultancy. It is particularlystrong in implementing the processes and systems for Project Planning, Risk Management, ProjectReporting and Benefits Realisation. Recently, firm has signed with new clients: Tesla Motors(automotive), GE Healthcare (healthcare), and DropBox (could technology). These three companieswant that ProjectPlus help them in launching of their new product and service.SECTION 11. Defining the project in terms of outcomes and purposesAs per the given case of ProjectPlus, it has identified that firm has signed with the three newclients. There are Tesla Motors (automotive), GE Healthcare (healthcare), and DropBox (couldtechnology) and they have developed their new service and product and want the help of companyto launch them in the market (Gemünden, Huemann and Martinsuo, 2013). One of the projectschosen by consultant is Tesla Motors new second generation product i.e. Tesla home battery:POWERWALL 2.0. Project purpose is the reason why a venture establishes a project. It defines themission of that project and helps in understand about the viability of a plan. The purpose oflaunching of the following project is to communicate the customers about new second generationbattery which transform solar energy into electricity and powers to home utilities in the evening(Kerzner, 2013). This is the one of the stronger step of organization in the direction of energystorage battery. There are some features and characteristics of POWERWALL 2.0 battery which willbe deliver to the attendees at the time of launching of products. These are as follows:Simplification to the handling and wiring requirements for installers, 3
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Compactable with inverters, Store more than 6.4 kWh worth of energy and its backup provide electric energy to homes. Meet the large energy needs which reduce the dependence on the power grid all the time(Colin and Vanhoucke, 2014), Based on ecosystem energy concept that brings the reduction in the cost of electric energybill of people, Easily compatible with single and three phase utility grid compatible, Low pricing and require less space to install in home (Gyawali, Tao and Müller, 2013), Also compactable for businesses, institutes etc, Rechargeable battery option more alluring to homeowners. Therefore, the above stated points will be the purpose of POWERWALL 2.0 product launch.These will satisfy the needs of social and environment needs in the right manner (Hazır, 2015). 2. Project SMART objectivesBy seen the above listed POWERWALL 2.0 product launch project purpose and outcomes, itwill require to develop some SMART objectives that will be fulfilled in order to complete thefollowing project (Flyvbjerg, 2013). All kind of businesses needed to define or set some objectivesto achieve the particular outcomes because it helps the firms to know what it is trying to achieve. Inthe context of the product launch project, the reason of developing SMART objectives is it is clearlyknow exactly what needs to be accomplished. Another motive behind adopting the followingconcept to successfully complete the plan is it is easy to monitor the progress of associate projectplan time to time (Azimi and et.al., 2011). Along with this, it assists in identify the missing targetsand make necessary changes to achieve them. So, as per the need, list of SMART objectives in thecontext of POWERWALL 2.0 product launch project is as follows:For the company Achieve a 90% Tesla Motors satisfaction rating for the launching of its new product projectby the end of October 2016. To increase the market share from 30% to 60% by the end of launching project. To raise the sales of project consultancy services from 25% to 40% by the end of October2016. For the project manager Decrease the time from 10 minutes to 5 minutes to responses to client queries.3 Specifying the project scope According to given case of ProjectPlus, it has determined that Tesla Motor wants help of a4
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