Project Management Concepts and Applications

This assignment delves into the core principles of project management. It examines various methodologies, including Agile and traditional approaches, and analyzes their suitability for different project types. Students are expected to demonstrate an understanding of critical aspects like risk management, stakeholder engagement, and the role of communication in successful project execution. Real-world examples and case studies will be used to illustrate these concepts and their practical implications.

Running head: RIVERINA AGRICULTURE AND LIFETIME SHOWS
Project Management: Riverina Agriculture and Lifetime Shows (RALS)
Name of the student:
Name of the university:

1RIVERINA AGRICULTURE AND LIFETIME SHOWS
Table of Contents
Part 1: Measurable Organizational Value (MOV)...........................................................................2
1.1 Identification of the desired areas..........................................................................................3
1.2 Identifying different types of values......................................................................................7
1.3 Development of appropriate metrics.....................................................................................7
1.4 Development of RALS timeframe.........................................................................................8
1.5 Summary of the MOV project.............................................................................................14
Part 2: Scope management plan for RALS project........................................................................15
2.1 Developing project scope for the RALS project..................................................................16
2.2 List of project resources.......................................................................................................16
2.3 Details of the project resources............................................................................................17
Part 3: Work Breakdown Structure................................................................................................18
3.1 Developing Work Breakdown structure..............................................................................18
3.2 Activities associated to the RALS project...........................................................................18
3.3 Identifying the project resources.........................................................................................21
3.4 Estimation of cost for the RALS project.............................................................................22
3.5 Allotted time for the RALS project.....................................................................................22
Part 4: Risk analysis and risk management plan for RALS project..............................................25
4.1 Project risk management planning.......................................................................................25
Part 5: Quality management plan..................................................................................................28
5.1 Team philosophy for the RALS project...............................................................................28
5.2 Quality assurance for the RALS project..............................................................................29
Part 6: Closure and project evaluation plan...................................................................................29
6.1 project closure checklist development.................................................................................29
6.2 Development of project closure evaluation outlining..........................................................30
Bibliography..................................................................................................................................31

2RIVERINA AGRICULTURE AND LIFETIME SHOWS
Part 1: Measurable Organizational Value (MOV)
Globex Organization has arranged 3 days events called Riverina Agriculture and Lifetime
Shows (RALS) for the consumers who are willing to develop their businesses with measurable
organizational values effectively. The participants of the event are allowed to get entry passes for
1, 2 or 3 or for all the 3 days. People who are interested to in business values will be able to gain
knowledge regarding local business capabilities, suppliers of the agricultural equipments and
many other lifetime products. The project developers of any business organization are required to
follow certain components including co-ordination for show stand, equipments for the
development and display of the program live, arrangement of foods or catering and volunteers
for managing the program properly. This program is organizing by the organizers since 2000 in
the same location. However, due to growing popularity of the event the numbers of participants
are also increasing day by day and according to the growing demand of the tickets the volunteers
have currently willing to implement an online ticket booking system for the participants of the
event.
After the identification of desired Measurable Organizational Values the project scope,
accurate project metrics, timeframe of the RALS project and cost estimation for the project are
elaborated in this report. In addition to the time and finance management a risk management and
quality management plan are also illustrated. Based on the required time for an activity accurate
cost will be estimated for the project. The desired area for MOV and their ranking according to
the impact on the project is also illustrated in this report.
1.1 Identification of the desired areas
Desired areas of Ranking Frequency Impact

3RIVERINA AGRICULTURE AND LIFETIME SHOWS
MOV
Strategies 1 High Business strategies are
the most important
components that are
strictly needed to be
considered by the
project manager to
gain measurable
success from the
competitive
marketplace with
higher success.
Customers 2 High Without the support
and help of the
consumers any
business or project
will be babe to gain
huge success and
competitive
advantages as well.
Therefore, the
satisfaction levels of
the consumers are the

4RIVERINA AGRICULTURE AND LIFETIME SHOWS
most important thing
that should be
considered by the
project manager
before the
implementation of any
project. Considering
the project details it is
determined that the
online ticket booking
system is needed to be
user friendly and
secured as well.
Operational 4 Medium The operational and
functional excellence
of any business and
project are very much
important things to be
considered. The
operational ability of
the online ticket
booking system must
have user friendly

5RIVERINA AGRICULTURE AND LIFETIME SHOWS
activities so that all
the consumers could
handle the system
must properly.
Financial 3 High Without proper capital
investment and
financial support none
of the roject or
business operation
could get success
from the competitive
market. In order to get
effective success from
the competitive
market it is necessary
for the project
developers and event
organizer to estimate
the RALS project
budget properly. If the
project manager fails
to make the feasibility
study then, the major

6RIVERINA AGRICULTURE AND LIFETIME SHOWS
risks will occur.
Social 5 Medium The impact of social
media is quite
important for the
successful
implementation of the
RALS project. The
project manager,
volunteers and the
consumers of the
programs of the
RALS show will be
able to communicate
with each other
frequently with the
help of social
components.
1.2 Identifying different types of values
Better: The existing offline ticket booking system or the manual ticket booking system is
not inefficient but at the same time the online ticket booking system is much better from both the
business and consumer’s perspectives. The online ticket booking system will be able to serve a
much better and user friendly system for application to the event participants.

7RIVERINA AGRICULTURE AND LIFETIME SHOWS
Faster: The online system is faster from the operational and functional aspect. After the
implementation of this system the participants will be able to get tickets faster than the
traditional systems and they need not to wait in the queue.
Cheaper: With the evolvement of online ticket booking system the number of system
operators or manpower get reduced and thus, the overall cost needed for the implementation of
the system get reduced automatically,
1.3 Development of appropriate metrics
For the successful implementation of the RALS project in Globex it is impornat to
develop proper project metrics. The assumption and expectation of the project team members are
different and all the expectations are needed to reach properly. The expectation of the project
metrics are below:
stakeholders Expectation of the stakeholders
Project Sponsor The project sponsors are required to invest
proper capital for the successful project
completion
Project manager Expects to deliver on time ticket booking
system on time within the estimated budget
Finance manager Expects to complete the project within
estimated budget and proper time as well.
HR manager To manage the project team managers
properly
Operation manager To implement proper application for the RALS

8RIVERINA AGRICULTURE AND LIFETIME SHOWS
project
Project team members To complete and implement the online ticket
system within accurate time and estimated
budget.
Business analyst Business analysts are expected to develop
proper business strategies with proper
conceptualization and details understanding of
the RALS project.
1.4 Development of RALS timeframe
WBS Task Name Duration Start Finish Predecessors
Resource
Names
Cost
Variance
0
RALS schedule
development
165 days
Fri
10/6/17
Thu
5/24/18
$30,112.00
1
Project
initiation
52 days
Fri
10/6/17
Mon
12/18/17
$7,568.00
1.1
Understandi
ng the RALS
project details
4 days
Fri
10/6/17
Wed
10/11/17
Project
manager
$640.00
1.2 Developmen
t of the project
18 days Thu Mon $2,688.00

9RIVERINA AGRICULTURE AND LIFETIME SHOWS
charter 10/12/17 11/6/17
1.3
Appointing
vendor for the
website
development
30 days
Tue
11/7/17
Mon
12/18/17
$4,240.00
1.4
Milestone 1:
Project
initiation phase
completed
0 days
Mon
12/18/17
Mon
12/18/17
11
Project
manager
$0.00
2
Project
planning
42 days
Tue
12/19/17
Wed
2/14/18
$6,816.00
2.1
Detail
understanding of
the online ticket
booking website
9 days
Tue
12/19/17
Fri
12/29/17
12
Project
manager
$1,440.00
2.2
Website
Prototype
development
11 days
Mon
1/1/18
Mon
1/15/18
14
business analyst
,operation
manager
$1,584.00
2.3
Website
testing
7 days
Tue
1/16/18
Wed
1/24/18
15 Project tester $840.00

10RIVERINA AGRICULTURE AND LIFETIME SHOWS
2.4
Customer
review
collection
8 days
Thu
1/25/18
Mon
2/5/18
16
project
sponsors ,Proje
ct tester
$2,112.00
2.5
Developmen
t of change
management
plan based on
the reviews
7 days
Tue
2/6/18
Wed
2/14/18
17
application
programming
manager
$840.00
2.6
Milestone 2:
Project
planning phase
completed
0 days
Wed
2/14/18
Wed
2/14/18
18
application
programming
manager,
business analyst
$0.00
3
Project
execution
62 days
Thu
2/15/18
Fri
5/11/18
$13,360.00
3.1
Outlining the
final website
7 days
Thu
2/15/18
Fri
2/23/18
19
finance
manager
$840.00
3.2
Modeling
the website
10 days
Mon
2/26/18
Fri
3/9/18
21
operation
manager,
Project
manager
$3,040.00
3.3 Website 7 days Mon Tue 22 Project $1,848.00

11RIVERINA AGRICULTURE AND LIFETIME SHOWS
designing and
coding
3/12/18 3/20/18
tester ,operation
manager
3.4
Unit testing
and coding
11 days
Wed
3/21/18
Wed
4/4/18
23
operation
manager
$1,584.00
3.5
Integration
testing and
coding
9 days
Thu
4/5/18
Tue
4/17/18
24
application
programming
manager,
operation
manager
$2,376.00
3.6
Developmen
t of online
payment process
9 days
Wed
4/18/18
Mon
4/30/18
25
operation
manager,Projec
t tester
$2,376.00
3.7
Final
website
execution
9 days
Tue
5/1/18
Fri
5/11/18
26
operation
manager
$1,296.00
3.8
Milestone 3:
project
execution phase
completed
0 days
Fri
5/11/18
Fri
5/11/18
27
Project
manager
$0.00
4 Project 9 days Mon Thu $2,368.00

12RIVERINA AGRICULTURE AND LIFETIME SHOWS
closure phase 5/14/18 5/24/18
4.1
Final project
documentation
3 days
Mon
5/14/18
Wed
5/16/18
28
project
sponsors ,Proje
ct manager
$912.00
4.2
Post
maintenance
components
consideration
4 days
Thu
5/17/18
Tue
5/22/18
30
Project
manager,
project
sponsors
$1,216.00
4.3
Stakeholder’
s signoff
2 days
Wed
5/23/18
Thu
5/24/18
31 HR manager $240.00
4.4
Milestone 4:
project closure
phase
completed
0 days
Thu
5/24/18
Thu
5/24/18
32 $0.00

13RIVERINA AGRICULTURE AND LIFETIME SHOWS
Figure 1: Time schedule for RALS Project
(Source: created by author)
1.5 Summary of the MOV project
For successful completion of RALS system the project manager should consider each
effective MOV project component properly. With the online ticket booking system developed for
RALS project the participants will be able to get the tickets online anytime and from anywhere.
The participants are not required to wait in the queues and it is expected that with the help of all

14RIVERINA AGRICULTURE AND LIFETIME SHOWS
these applications the MOV would be met by the project managers and project team members
efficiently.
Part 2: Scope management plan for RALS project
In order to understand the scope of the project properly it is necessary for the project
manager to maintain the following steps:
Development of scope management approaches: After considering the Globex
scenario, it has been determined that, the scope f the project is to give passes for either 1, 2 or
even all 3 days events.
Roles and responsibilities of the project team members: The roles and responsibilities
of the project manager and project team members to serve all the responsibilities according to the
project requirements. The website developers should develop a completely reliable, viable and
user friendly website for the participants of the events.
Scope verification: After developing the project scopes it is necessary for the project
managers to verify the project scopes properly to ensure that whether the project scopes needs
any certain additional changes or not.
Scope control: Based on the project requirements the project manager shoud monitor
and control the RALS project properly.
Scope change: After considering the project requirements it has been found that n such
additional changes are needed for this particular project.

15RIVERINA AGRICULTURE AND LIFETIME SHOWS
2.1 Developing project scope for the RALS project
For this particular project the scopes are as follows:
 To develop an advanced, faster, better and cheaper online ticket booking system
 To develop a E-Ticket booking system for the RALS event participants
 To implement risk register, quality management and scope management and
scope management plan for the RALS project
2.2 List of project resources
Resource
Name
Type
Materia
l Label
Initial
s
Grou
p
Max.
Units
Std.
Rate
Ovt.
Rate
Cost/
Use
Accrue
At
Base
Calenda
r
Project
manager
Wor
k
P
100
%
$20.00/
hr
$0.00/hr $0.00
Prorate
d
Standard
finance
manager
Wor
k
f
100
%
$15.00/
hr
$0.00/hr $0.00
Prorate
d
Standard
project
sponsors
Wor
k
p
100
%
$18.00/
hr
$0.00/hr $0.00
Prorate
d
Standard
HR manager
Wor
k
H
100
%
$15.00/
hr
$0.00/hr $0.00
Prorate
d
Standard
application
programmin
Wor a 100 $15.00/ $0.00/hr $0.00 Prorate Standard

16RIVERINA AGRICULTURE AND LIFETIME SHOWS
g manager k % hr d
operation
manager
Wor
k
o
100
%
$18.00/
hr
$0.00/hr $0.00
Prorate
d
Standard
Project tester
Wor
k
P
100
%
$15.00/
hr
$0.00/hr $0.00
Prorate
d
Standard
business
analyst
Wor
k
b
100
%
$0.00/hr
$14.00/
hr
$0.00
Prorate
d
Standard
2.3 Details of the project resources
Name of the resources for RALS project Responsibility of the resource
Project manager The project manager is responsible to control
and monitor the project progress properly for
the successful implementation of the project.
Finance manager The finance manager is responsible to make
proper feasibility study for the successful
completion of the project within the estimated
budget.
Operation manager For improving the existing operational and
functional excellence of the website the
operation manager is very much responsible
Application programming manager In order to develop a user friendly website for

17RIVERINA AGRICULTURE AND LIFETIME SHOWS
the consumers the application programming
managers are completely responsible.
Part 3: Work Breakdown Structure
3.1 Developing Work Breakdown structure
Figure 2: Work Breakdown Structure
(Sources: created by author)

18RIVERINA AGRICULTURE AND LIFETIME SHOWS
3.2 Activities associated to the RALS project
WBS Task Name Duration
0 RALS schedule development 165 days
1 Project initiation 52 days
1.1 Understanding the RALS project details 4 days
1.2 Development of the project charter 18 days
1.3
Appointing vendor for the website
development
30 days
1.4
Milestone 1: Project initiation phase
completed
0 days
2 Project planning 42 days
2.1
Detail understanding of the online ticket
booking website
9 days
2.2 Website Prototype development 11 days
2.3 Website testing 7 days
2.4 Customer review collection 8 days
2.5 Development of change management plan 7 days

19RIVERINA AGRICULTURE AND LIFETIME SHOWS
based on the reviews
2.6
Milestone 2: Project planning phase
completed
0 days
3 Project execution 62 days
3.1 Outlining the final website 7 days
3.2 Modeling the website 10 days
3.3 Website designing and coding 7 days
3.4 Unit testing and coding 11 days
3.5 Integration testing and coding 9 days
3.6 Development of online payment process 9 days
3.7 Final website execution 9 days
3.8
Milestone 3: project execution phase
completed
0 days
4 Project closure phase 9 days
4.1 Final project documentation 3 days
4.2 Post maintenance components consideration 4 days
4.3 Stakeholder’s signoff 2 days

20RIVERINA AGRICULTURE AND LIFETIME SHOWS
4.4
Milestone 4: project closure phase
completed
0 days
3.3 Identifying the project resources
Resource
Name
Type
Material
Label
Max.
Units
Std. Rate Ovt. Rate Cost/Use
Accrue
At
Base
Calendar
Project
manager
Work 100% $20.00/hr $0.00/hr $0.00 Prorated Standard
finance
manager
Work 100% $15.00/hr $0.00/hr $0.00 Prorated Standard
project
sponsors
Work 100% $18.00/hr $0.00/hr $0.00 Prorated Standard
HR manager Work 100% $15.00/hr $0.00/hr $0.00 Prorated Standard
application
programming
manager
Work 100% $15.00/hr $0.00/hr $0.00 Prorated Standard
operation
manager
Work 100% $18.00/hr $0.00/hr $0.00 Prorated Standard

21RIVERINA AGRICULTURE AND LIFETIME SHOWS
Project tester Work 100% $15.00/hr $0.00/hr $0.00 Prorated Standard
business
analyst
Work 100% $0.00/hr $14.00/hr $0.00 Prorated Standard
3.4 Estimation of cost for the RALS project
Figure 3: Cost estimation plan for the RALS project

22RIVERINA AGRICULTURE AND LIFETIME SHOWS
(Sources: created by author)
3.5 Allotted time for the RALS project
WBS Task Name Duration Start Finish
0 RALS schedule development 165 days Fri 10/6/17 Thu 5/24/18
1 Project initiation 52 days Fri 10/6/17 Mon 12/18/17
1.1
Understanding the RALS
project details
4 days Fri 10/6/17 Wed 10/11/17
1.2
Development of the
project charter
18 days Thu 10/12/17 Mon 11/6/17
1.3
Appointing vendor for the
website development
30 days Tue 11/7/17 Mon 12/18/17
1.4
Milestone 1: Project
initiation phase completed
0 days Mon 12/18/17 Mon 12/18/17
2 Project planning 42 days Tue 12/19/17 Wed 2/14/18
2.1
Detail understanding of the
online ticket booking website
9 days Tue 12/19/17 Fri 12/29/17
2.2
Website Prototype
development
11 days Mon 1/1/18 Mon 1/15/18
2.3 Website testing 7 days Tue 1/16/18 Wed 1/24/18

23RIVERINA AGRICULTURE AND LIFETIME SHOWS
2.4 Customer review collection 8 days Thu 1/25/18 Mon 2/5/18
2.5
Development of change
management plan based on the
reviews
7 days Tue 2/6/18 Wed 2/14/18
2.6
Milestone 2: Project
planning phase completed
0 days Wed 2/14/18 Wed 2/14/18
3 Project execution 62 days Thu 2/15/18 Fri 5/11/18
3.1 Outlining the final website 7 days Thu 2/15/18 Fri 2/23/18
3.2 Modeling the website 10 days Mon 2/26/18 Fri 3/9/18
3.3
Website designing and
coding
7 days Mon 3/12/18 Tue 3/20/18
3.4 Unit testing and coding 11 days Wed 3/21/18 Wed 4/4/18
3.5
Integration testing and
coding
9 days Thu 4/5/18 Tue 4/17/18
3.6
Development of online
payment process
9 days Wed 4/18/18 Mon 4/30/18
3.7 Final website execution 9 days Tue 5/1/18 Fri 5/11/18

24RIVERINA AGRICULTURE AND LIFETIME SHOWS
3.8
Milestone 3: project
execution phase completed
0 days Fri 5/11/18 Fri 5/11/18
4 Project closure phase 9 days Mon 5/14/18 Thu 5/24/18
4.1 Final project documentation 3 days Mon 5/14/18 Wed 5/16/18
4.2
Post maintenance
components consideration
4 days Thu 5/17/18 Tue 5/22/18
4.3 Stakeholder’s signoff 2 days Wed 5/23/18 Thu 5/24/18
4.4
Milestone 4: project
closure phase completed
0 days Thu 5/24/18 Thu 5/24/18
Part 4: Risk analysis and risk management plan for RALS project
4.1 Project risk management planning
Project
development
phase
Risks
associated to
the phases
Impact Frequency Responsible
person
Resolving
strategies
Project
initiation
phase
Inaccurate
feasibility
study
High Very frequent Finance
manager
In order to
resolve the
issues
associated to

25RIVERINA AGRICULTURE AND LIFETIME SHOWS
project budget
estimation the
finance
manager is
responsible to
make proper
estimation of
budget
considering the
resources
accurately.
Project
planning
phase
Wrong
selection of
website
components
High Very frequent operation
manager
It is the
responsibility
of the
operation
manager to
select proper
website
components for
the website
developers to
avoid the risks
associated to