Project Management
Added on 2023-03-17
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Running head: PROJECT MANAGEMENT
Project Management
Name of Student
Name of University
Author Note
Project Management
Name of Student
Name of University
Author Note
PROJECT MANAGEMENT 1
Table of Contents
Introduction ......................................................................................................................... 3
1. Background ..................................................................................................................... 3
1.1. Project Background .................................................................................................. 4
1.2. Project Goal ............................................................................................................. 5
1.3. Project Objectives .................................................................................................... 5
1.4. Project Deliverables ................................................................................................. 5
1.5. Strategic Alignment of Project................................................................................. 8
2. Schedule .......................................................................................................................... 9
2.1. Milestone.................................................................................................................. 9
2.2. Project Requirements ............................................................................................. 10
2.3. Limits and Exclusions ............................................................................................ 10
2.4. Work Breakdown Schedule ................................................................................... 11
3. Risk Management ......................................................................................................... 13
4. Project Budget ............................................................................................................... 14
5. Communication Management Plan (template) ............................................................. 17
5.1. Research and Development Project for ATC: Project Information ....................... 17
5.2. Purpose of Communication Strategy ..................................................................... 18
5.3. Communication Strategy ....................................................................................... 18
5.3.1. Internal information management ................................................................... 18
Table of Contents
Introduction ......................................................................................................................... 3
1. Background ..................................................................................................................... 3
1.1. Project Background .................................................................................................. 4
1.2. Project Goal ............................................................................................................. 5
1.3. Project Objectives .................................................................................................... 5
1.4. Project Deliverables ................................................................................................. 5
1.5. Strategic Alignment of Project................................................................................. 8
2. Schedule .......................................................................................................................... 9
2.1. Milestone.................................................................................................................. 9
2.2. Project Requirements ............................................................................................. 10
2.3. Limits and Exclusions ............................................................................................ 10
2.4. Work Breakdown Schedule ................................................................................... 11
3. Risk Management ......................................................................................................... 13
4. Project Budget ............................................................................................................... 14
5. Communication Management Plan (template) ............................................................. 17
5.1. Research and Development Project for ATC: Project Information ....................... 17
5.2. Purpose of Communication Strategy ..................................................................... 18
5.3. Communication Strategy ....................................................................................... 18
5.3.1. Internal information management ................................................................... 18
PROJECT MANAGEMENT 2
5.3.2. Internal stakeholders ....................................................................................... 19
5.3.3. External Communications ............................................................................... 19
5.4. Communication Plan.............................................................................................. 19
5.4.1. Report on Internal Communication ................................................................ 20
5.5. External Communication Plan ............................................................................... 20
6. Recommendations ......................................................................................................... 21
Bibliography ..................................................................................................................... 22
5.3.2. Internal stakeholders ....................................................................................... 19
5.3.3. External Communications ............................................................................... 19
5.4. Communication Plan.............................................................................................. 19
5.4.1. Report on Internal Communication ................................................................ 20
5.5. External Communication Plan ............................................................................... 20
6. Recommendations ......................................................................................................... 21
Bibliography ..................................................................................................................... 22
PROJECT MANAGEMENT 3
Introduction
A project has been undertaken by Australian Tree crop, to improve the forest condition.
Australian Tree Crop is a three old private company that is working with roots in the American
tree farming industry. The company has made an effort of adopting better practices to save forest
and trees. This is necessary as forestry play a significant role in Australian economy. The company
own a number of forested estates in Western Australia and invest in growing Australian pine.
However, when ATC has emerged to be a private business, they faced a number of problems in
growing their business in a meaningful way. The company has decided to invest in a feasibility
study. The feasibility study will be evaluating a number of options of cutting down the tress. The
problems faced by ATV is multiplied mainly because of the increasing natural disaster in the
region. The increasing natural disasters is one of the most significant reasons behind the increasing
loses. The vulnerability of the specific natural disaster have resulted in a situation where ATC has
been struggling to meet the target of the company. The company have therefore decided to invest
on a project related to research and development to ascertain sustainable growth of the Australian
Tree crop. This particular project is chosen mainly because it is easy to implement and will require
very less cost investment. It is long term effective approach which will help in identification of the
core issues persisting in the business and will also help in researching about the mitigation
approaches of the same. The report provides an idea of the project background, the goal and the
objectives of the project along with the major project deliverables. The strategic risks linked with
the project and the communication approach that is needed to be followed is discussed in the report.
1. Background
Introduction
A project has been undertaken by Australian Tree crop, to improve the forest condition.
Australian Tree Crop is a three old private company that is working with roots in the American
tree farming industry. The company has made an effort of adopting better practices to save forest
and trees. This is necessary as forestry play a significant role in Australian economy. The company
own a number of forested estates in Western Australia and invest in growing Australian pine.
However, when ATC has emerged to be a private business, they faced a number of problems in
growing their business in a meaningful way. The company has decided to invest in a feasibility
study. The feasibility study will be evaluating a number of options of cutting down the tress. The
problems faced by ATV is multiplied mainly because of the increasing natural disaster in the
region. The increasing natural disasters is one of the most significant reasons behind the increasing
loses. The vulnerability of the specific natural disaster have resulted in a situation where ATC has
been struggling to meet the target of the company. The company have therefore decided to invest
on a project related to research and development to ascertain sustainable growth of the Australian
Tree crop. This particular project is chosen mainly because it is easy to implement and will require
very less cost investment. It is long term effective approach which will help in identification of the
core issues persisting in the business and will also help in researching about the mitigation
approaches of the same. The report provides an idea of the project background, the goal and the
objectives of the project along with the major project deliverables. The strategic risks linked with
the project and the communication approach that is needed to be followed is discussed in the report.
1. Background
PROJECT MANAGEMENT 4
This section of the report provides an idea of the business background and the business
environment of the project undertaken. The details of the business environment and the
background of the project is discussed in this section. The background, goal, objectives and the
deliverables of the project is discussed in the following section.
1.1. Project Background
The research and development project is undertaken by ATC in order to identify the
operational issues and the business problems persisting in ATC. The Australian Tree Corporation
is a three year old private company, whose business is linked with the farming industry as well.
Although the company has been profitable since its formation, the company has struggled to form
the own identity. The business of the organization is related to supply chain, where certain
operational issues are identified. Another issues that is identified is related to product
accountability. It is necessary for the ATC to have a better accountability of the volume of the tress
grown and trees that are being sold. ATC has identified the lack of effective system competencies.
In order to address these incompetency and the issues persisting in the business organization, it is
quite critical to successfully complete the proposed project. The project aims in creation of a
research and Development Team, that will be researching to analyze the root cause of the
environmental changes so that the business losses can be reduced. It is necessary to learn more
about the vulnerability of a tree to specific natural disasters that can help in planning and managing
the forest in a better way. Along with the preparation of the research and development team, it is
critical to set up a stakeholder group that can help in solicitation of the crucial information from
public. These stakeholder group can significantly assist the team in development of a sustainable
business.
This section of the report provides an idea of the business background and the business
environment of the project undertaken. The details of the business environment and the
background of the project is discussed in this section. The background, goal, objectives and the
deliverables of the project is discussed in the following section.
1.1. Project Background
The research and development project is undertaken by ATC in order to identify the
operational issues and the business problems persisting in ATC. The Australian Tree Corporation
is a three year old private company, whose business is linked with the farming industry as well.
Although the company has been profitable since its formation, the company has struggled to form
the own identity. The business of the organization is related to supply chain, where certain
operational issues are identified. Another issues that is identified is related to product
accountability. It is necessary for the ATC to have a better accountability of the volume of the tress
grown and trees that are being sold. ATC has identified the lack of effective system competencies.
In order to address these incompetency and the issues persisting in the business organization, it is
quite critical to successfully complete the proposed project. The project aims in creation of a
research and Development Team, that will be researching to analyze the root cause of the
environmental changes so that the business losses can be reduced. It is necessary to learn more
about the vulnerability of a tree to specific natural disasters that can help in planning and managing
the forest in a better way. Along with the preparation of the research and development team, it is
critical to set up a stakeholder group that can help in solicitation of the crucial information from
public. These stakeholder group can significantly assist the team in development of a sustainable
business.
PROJECT MANAGEMENT 5
1.2. Project Goal
The goal of the research and development project as undertaken by ATC is identified on
basis of the SMART criteria. SMART is acronym for Specific, Measurable, Achievable, Realistic
and Timely.
The goal of this project is to develop a research and development team in ATC, which will
help in development of a sustainable business by researching the environmental issues linked with
the losses faced in the business.
1.3. Project Objectives
It is necessary to identify the objectives of the project in order to analyze the process of
project execution and implementation. The identified project objectives linked with the
development of the research and development team in ATC are indicated as follows-
To identify the reasons behind the decreasing sales and production
To set up a research and development team for ATC
To research about the changing climatic condition and its effect on forestry
To recommend strategies that can significantly help in improving the forestry and
related business of ATC
The project will be conducted on basis of the identified objectives.
1.4. Project Deliverables
It is necessary to identify the tasks and the work that is needed to be delivered at the
completion of the project. The aim of this project is linked with setting up of a research and
1.2. Project Goal
The goal of the research and development project as undertaken by ATC is identified on
basis of the SMART criteria. SMART is acronym for Specific, Measurable, Achievable, Realistic
and Timely.
The goal of this project is to develop a research and development team in ATC, which will
help in development of a sustainable business by researching the environmental issues linked with
the losses faced in the business.
1.3. Project Objectives
It is necessary to identify the objectives of the project in order to analyze the process of
project execution and implementation. The identified project objectives linked with the
development of the research and development team in ATC are indicated as follows-
To identify the reasons behind the decreasing sales and production
To set up a research and development team for ATC
To research about the changing climatic condition and its effect on forestry
To recommend strategies that can significantly help in improving the forestry and
related business of ATC
The project will be conducted on basis of the identified objectives.
1.4. Project Deliverables
It is necessary to identify the tasks and the work that is needed to be delivered at the
completion of the project. The aim of this project is linked with setting up of a research and
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