Project Management

Running head: PROJECT MANAGEMENT
Project Management
Name of Student
Name of University
Author Note

1
PROJECT MANAGEMENT
Table of Contents
Section A.............................................................................................................................3
Section 1: Managing the Project Team- Answer 1..........................................................3
1a) Project Priority Matrix...........................................................................................3
1b) Critical Personal Attributes of the Team Members...............................................4
Section 2: Developing Project Plan- Answer 2...............................................................4
2a) Gantt Chart View...................................................................................................4
2b) Total Project Cost..................................................................................................5
2c) Resource Conflicts in FTL Project........................................................................6
2d) Auto Resource Levelling.......................................................................................7
Section 3: Managing the Project: Answer 3..................................................................10
3a) Impact on Schedule and Cost..............................................................................10
3b) Accomplishments................................................................................................11
Section 4: Monitoring Project’s Progress and Closing the Project-Answer 4...............12
4a) Gantt Chart View.................................................................................................12
4b) Cost Performance Index......................................................................................12
4c) Preventive Actions...............................................................................................13
Section B............................................................................................................................14
Answer 1........................................................................................................................14
Answer 2........................................................................................................................15

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PROJECT MANAGEMENT
Answer 3........................................................................................................................17
Answer 4........................................................................................................................17
References..........................................................................................................................19

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PROJECT MANAGEMENT
Section A
Section 1: Managing the Project Team- Answer 1
1a) Project Priority Matrix
A project priority matrix is mainly designed to discern the major tasks that can be termed
as critical and urgent (Milosevic & Martinelli, 2016). The project is a high priority project
because as per the decision of the CEO, the project of developing a Food Test Laboratory (FTL)
should start on 1 April 2019. The project work is needed to be scheduled in an appropriate
manner so that the lab can be launched on 1St July, 2019. A project priority matrix generally
defines the constraint, accept and enhance criteria of a project. The constrained criteria cannot be
changed while enhance criteria can be changed. The project prioritization for FTL project is
evaluated in the following matrix-
Table 1: Project Priority Matrix
The project prioritization matrix in the table above indicates that the time of the project is
a constraint. This is because as per the direction of CEO, the project has a fixed start data and
launch date. The performance of the project can be enhanced considering the resources available
Time Performance Cost
Constrain
Enhance
Accept