Project Management Principles

This document provides detailed information about project management principles, including scope statement, risks, stakeholders, and ethical analysis. It also offers solutions and recommendations for project management issues.

Running head: PROJECT MANAGEMENT PRINCIPLES
PROJECT MANAGEMENT PRINCIPLES
Name of the Student
Name of the University
Author Note

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PROJECT MANAGEMENT PRINCIPLES
Table of Contents
Task 1:........................................................................................................................................2
Details that are included in the scope statement for this project:...........................................2
Risks associated with the project and the possible preventive actions:..................................3
The key stakeholders that will be benefited from the project:...............................................4
Task 2:........................................................................................................................................5
Executive summary:...............................................................................................................5
Introduction:...............................................................................................................................5
Ethical analysis of the case:....................................................................................................5
Summary of the ethical issues:...........................................................................................5
Effect on the key and fundamental ethical principles:........................................................5
Description of the relevant facts:........................................................................................6
Description of the affected parties:.....................................................................................7
Breach of PMI code of ethics:............................................................................................7
Recommendations following the PMI framework:............................................................7

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Task 1:
Details that are included in the scope statement for this project:
category of the scope statement Description
Justification for project Delivering prescriptions with drone has
various benefits:
 Faster and automatic delivery
 less costly
 increased efficiency in delivering
services
 serving more people with less
resources
 increasing overall business value
Description of product The project will plan and design a drone
system to deliver prescription
Criteria for acceptance  drone is functional
 accurately measures position and
direction
 drone has decent speed and robust
as well
Deliverables and objectives  complete drone
 technical documents
 project summary report

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Exclusion
Constraints  Maximum allowed budget is
1750000 US dollar
 Project has to be completed before
November 30 without any delay
Assumptions Resources as well as financial support
available throughout the project execution
Cost estimation $1750000
Risks associated with the project and the possible preventive actions:
Potential risk Identification technique Risk mitigation plan
Prototype has functional
issues
Extensive on field test design modifications
Budget overflow Expert analysis of budget Budget modifications
Design specifications not
consistent with regulatory
criterions
Review of specified
standards for commercial
drone design
Approval acquired for
design proposal
Lack of experience team
members
team member interview and
assessment
Skill professional hired
based on experience in
project design
Stakeholder dispute Comparison between project
objectives and stakeholder
requirements
Input and feedback from
stakeholder integrated with
product design

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The key stakeholders that will be benefited from the project:
 Wilmont pharmacy
 DroneTech
 Consumers

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PROJECT MANAGEMENT PRINCIPLES
Task 2:
Executive summary:
The analysis of project case study has been considered in this report. Detailed assessment of
the project provides various ethical issues such as breach of honesty, responsibility, fairness
and integrity. Lack of proper planning, execution followed by irresponsible activities of
regional director has delayed the project requiring additional time and budget for completing
the project.
Introduction:
Investigation for the project delay revealed that there were various issues that has
delayed the execution and completion of the project. Activities like not to inform about
design flaws even if he had the information, not providing details about communication with
the client to the accountants investing the project after delay are some of the instances that
right from the beginning of the project, regional director was not responsible enough which
lead to project delay
Ethical analysis of the case:
Summary of the ethical issues:
Respect for client interest is an important ethical value according to the PMI code
ethics. However, this aspect was not taken into account, as delay in the project will require
additional investment from client, which will affect the financial resources of the client
company, and it will lead to loss in the business as well for the client.
Effect on the key and fundamental ethical principles:
Even if a project has a well-defined and well-planned project schedule, delay might
happen in project. PMI code of ethics does not consider delay in project as a violation of
ethics, but what is considered as violation ethics is delay of project due to lack of

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responsibility in the project. Here in this case study, lack of responsibility is evident.
Regional director was not responsible enough in execution of his project related roles and this
is what caused delay in the project. Hence, this is a violation of ethics according to the PMI
code of ethics, which includes responsibility as an important ethical value in project
management context.
After the initial investigation, the accountant, inspecting the project, has informed
regional director that additional 7 to 10 million is required. It was also informed to the
director that this cost is just an estimate and this does not include claim for compensation.
However, when the regional director communicated with the client about the required cost for
executing the delayed project, he communicated that only 4 to 5 million is required. Now
there might be various reasons for that and one possible reason might be to keep the client
satisfied with information that is false. Not only that, it was also violation of honesty, fairness
and integrity, which are the important components of PMI code of conducts, not followed in
this context.
Description of the relevant facts:
 There were some design related flaws and this information was known to the regional
director, but he has not communicated it with project authority which was needed in
the project
 Regional director had some informal communication with the client about the delay,
but he has not communicated this information with concerned parties of the project
 Although communication happened between the regional director and financial
director of the client company, the accountant did not know it. Therefore, when the
financial director of the client company contacted the accountant, it was confusing to

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him as he was not aware of the previous communication and any project related
information, which might have been shared between the two parties.
Description of the affected parties:
In this case, the client company and their respective customers have been affected for
the delay in the project.
Breach of PMI code of ethics:
Here in this context, the actions, which could possibly breach PMI code of ethics, are
described. These actions are:
 Not providing assistance to the client company to execute the project even through it
is delayed
 Not accepting faults for delay in the project and accusing the client company instead
 Budget and schedule designed for executing the project with the delay is not well
planned
 Information regarding modified schedule and budget is not correct and false
information is provided to the client to the client
Recommendations following the PMI framework:
 Communicate with actual details regarding delay in the project
 Provide a schedule that is not to impress the client, but realistic and feasible enough to
execute as well
 Detail assessment of the critical tasks that needs to be execute first is required as
every project has some tasks that are important and critical than others. When a
project is delayed, it is important to identify those tasks and finish them first to bring
back the project on track

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 If extra source is required including extra funding, it is important to communicate that
information with the client and arrange those resources so that the project is not
delayed further and in this context it is extremely important to provide correct and
detailed information with the client