Just in Time Training project

Running head: PROJECT MANAGEMENT
Just in Time Training project
Name of the Student
Name of the University
Author’s Note

PROJECT MANAGEMENT
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Table of Contents
1. Preliminary requirements of the project.................................................................................2
1.1 Project scope....................................................................................................................2
2. Budget estimate......................................................................................................................3
2.1 Cost baseline....................................................................................................................4
3. Schedule estimate...................................................................................................................5
3.1 Work breakdown structure...............................................................................................8
4. Financial analysis calculating NPV, ROI and payback figures.............................................9
5. List of potential risks..............................................................................................................9
Bibliography.............................................................................................................................13

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1. Preliminary requirements of the project
The paper mainly reflects on organizing a training program named “Just-In-Time-
Training Program” that helps in offering training approaches as course offering to the
workers that will further helpful in improving their skill. It is found that te preliminary
requirements of the project mainly includes the following:
 Proper training must be arranged for improving the supplier management and
negotiating skill which generally has the highest priority as these areas are significant
for businesses
 Proper arrangement training facility in project management software is also necessary
so that the project team will be capable of managing the projects effectively
 The project will generally include updating of the corporate site for explaining the
training program for allowing the employees for evaluating courses as well as
tracking the training demand
 Development of proper approach for successfully measuring the effectiveness of
training on productivity of annual basis.
1.1 Project scope
The scope of the project incorporate the following:
 Arranging proper training facility for the workers for improving their skills
 Improving negotiation and project management skill
 Development of proper training facility
 Adopting different types of training facility

PROJECT MANAGEMENT
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2. Budget estimate
As per the assumption, the budget plan that is created reflects that the training
program will be developed within $100,000.
Figure 1: Project budget
(Source: Created by Author)