Efficient Management of Project
Added on 2020-02-24
8 Pages1747 Words55 Views
Running head: PROJECT MANAGEMENTPROJECT MANAGEMENTName of StudentName of UniversityAuthor’s Note
1PROJECT MANAGEMENT1. The OKC is the Oklahoma City in the City in Oklahoma and FL is the Florida. The distancebetween these two cities is approximately over 2000 kilometers or 1220 miles. Therefore formoving from Orlando to the Oklahoma City by road the person has to cover 2000 kilometers. Ifit is covered by vehicle then approx thousand dollars is requires to shift the entire belongings forbuying a house approx five hundred thousand dollars is required and the transportation cost tomove to Oklahoma is above twelve thousand dollars. The time invested in transferring the entirehousehold items will take over 3 days. Thus the scope of the entire project is possible if a properplanning is done for the entire operation. The budget for the entire operation can be around sixhundred thousand dollars including the house cost, transportation cost and various otheroverheads like labor cost, petrol cost taxes and other modes of costy (Dennis, Minas &Bhagwatwar, 2013). The entire project will take over 4 to 5 days which includes thetransportation and packing and moving the items. If the project is properly planned for each stepand the budget plan which is made for the project does not overshoot the target then the qualityof the project is better and possible to be performed.2. For the management of the project. The project should be divided into three to four phaseswhich should be considered for the efficient management of the project. These phases are:The concept and initiation of the ProjectThe project goal here is to make budget plan for the various stages of the project which is shiftfrom one city to another city (Walker, 2015). Therefore the project can be intimated is to firstlook for the house in the Orlando city which is under the budget of the user. The next stage is tolook for the best transportation company and their budget for moving the goods from OklahomaCity to the Orlando city. Thus the project is initiated.
2PROJECT MANAGEMENTThe goal of the project and its planning The goal of the project is to shift from one city to another city. To perform this task various taskis too performed in between to complete this project that what is done in the second stage of theproject management. Firstly the goal of the project is identified. After the goal is identified thevarious stage of the project is planned. In this project after the decision of t moving the variousstages is to look for the house which is under budget in the destination city. Then a transportationcompany is to be browsed which is under the budget of the user (Shi, 2015). Lastly the packingof the household goods we planned so that it can be packed in the required time. After lookingfor the house and transportation a proper budget plan is designed for each activity and it to beinsured the expenditure should not cross the budget. Thus a proper budget plan is made in hisstage.The performance and its controlAfter the budget is planned on the paper the next crucial step is to monitor and control the projectso that the project follows according to designed plan. There are various events when themanagement of the project requires extra cost like labor charge or toll tax or petrol charge. Theseare the event where the budget can exceed (Kohn, Arditti & Korde ,2013). It is to be ensuredthat the project budget plan should include extra cost to bear these charges.The proper closure of the project The closure of the project is as important as initiation of the project. After the entire projectactivities are performed it is necessary to review the entire project and to analyze at which part ofthe project the demand is fulfilled and at which the target of the project was not achieved. It will
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