logo

Project Management - ABC Company

   

Added on  2021-02-20

15 Pages3312 Words59 Views
Leadership ManagementProfessional Development
 | 
 | 
 | 
Project Management
Project Management - ABC Company_1

Table of ContentsINTRODUCTION...........................................................................................................................1PRINCE 2........................................................................................................................................1TASK...............................................................................................................................................2Schedule......................................................................................................................................2Critical Path Diagram..................................................................................................................5.....................................................................................................................................................5.....................................................................................................................................................5Scope...........................................................................................................................................5Requirements...............................................................................................................................6Deliverables.................................................................................................................................7Cost.............................................................................................................................................8Time............................................................................................................................................9Human Resource.........................................................................................................................9Risk ..........................................................................................................................................10Quality Control..........................................................................................................................10Communication.........................................................................................................................10CONCLUSION .............................................................................................................................11
Project Management - ABC Company_2

INTRODUCTIONIn the present scenario seeing the change taking place in each and every field it isimportant for every company to adapt to these changes to run with the trends and the market.ABC Company is planning to adopt new accounting software XERO for maintaining itsaccounting records and transactions. The change is required because of the outdated manualprocess of recording transactions was creating problems to maintain pace with immediate andurgent financial and other requirements. By this research project, various factors that thecompany has to consider and the possible challenges that the company is going to face as a resultof the change.PRINCE 2PRINCE2 is a structured method of project management and programme for practitionercertificate. PRINCE 2deals with division of projects into stages that could be managed as well ascontrolled. The program got worldwide acceptance including UK (Fleming and Koppelman,2016). PRINCE 2 was created as per the standards of UK government especially with regard toprojects of Information systems. There are seven principles on which PRINCE2 is based.Principles of PRINCE2 are defined as mindset that helps in aligning the project with themethodology of PRINCE2. The principles are Continuous Business Justification- It deals with continuous updation of the project toensure its viability at every level.Learning from experience – maintaining projects logs and referring them frequently inreference to current and previous projects for avoiding reinventing wheels.Defining Roles & Responsibilities – separating roles from individuals. Four levels ofroles are first corporate management, second project board, third project manager andthe fourth level is team level.Stages – bifurcating the projects between stages such as planning , updation of businesscase and next stage planning. Managing by exception – aspects are defined for each objective of the project.Product Focus – focus is on defining and delivering the products meeting its qualityrequirements (Harrison and Lock, 2017).1
Project Management - ABC Company_3

Change as per project requirement – PRINCE2 is developed as per environment, size,importance, risk, time capability and complexity.TASKConsidering the above principles of PRINCE2 the ABC is planning to adopt newaccounting method XERO for maintaining it accounting records through softwares changingfrom the manual method. Schedule2
Project Management - ABC Company_4

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
(MNG91218)- ABC Software Website Upgradation: Scope, Planning, and Execution
|22
|3529
|302

Project Management: Work Breakdown Structure, Schedule Activities, and Resources
|17
|1437
|482

Toys Business in 2008 at Toowoomba
|12
|1640
|8

Role of Artificial Intelligence in Content Generation for Big Brands
|19
|5215
|231

Project Management and System Engineering
|9
|1129
|34

Implementation of Electronic Record Informatics - Desklib
|5
|951
|307