This document provides comprehensive study material on project management including short question answers, project scope statement, project Gantt chart, project budget considerations, responses to risks, and quality methods for successful completion of a project.
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Running head:PROJECT MANAGEMENT Project Management Name of the Student: Student ID: University Name:
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1PROJECT MANAGEMENT Table of Contents Task 1 – Short Question Answers..............................................................................................3 1. Characteristics of a project....................................................................................................3 2. Scope Statement for a project...............................................................................................3 3. Project Gantt chart and critical path......................................................................................4 4. Considerations while developing a project budget...............................................................4 5. Various responses to risks within project management........................................................5 6. Quality methods for successful completion of a project.......................................................5 Task 2 – Case Study Report.......................................................................................................6 2.1 Introduction.........................................................................................................................6 2.2Projectscope statement........................................................................................................6 2.3 Project objectives................................................................................................................7 Analysis of the project..............................................................................................................7 Required skills and competencies of the project team..........................................................7 Project management processes and Project lifecycle stages.................................................9 Leadership and administration............................................................................................12 Problems associated with the project..................................................................................14 Conclusion..............................................................................................................................16 References................................................................................................................................17 Appendix..................................................................................................................................19 Appendix 1..............................................................................................................................19 Appendix 2..............................................................................................................................19
2PROJECT MANAGEMENT Task 1 – Short Question Answers 1. Characteristics of a project The characteristics of a project are listed as below: It is basically required for customers and taken by individual or organizations. It is temporary in nature as well as it has a proposed start date and end date. It has unique set of requirements defined by the customers that has to be delivered within project boundaries (Kerzner and Kerzner 2017). A project typically consists of various activities rather than just something which is happening in a repeated manner. A project is not just business and it has similarity with a process (Fleming and Koppelman 2016). A project can be cross-functional or may be cross-organization. 2. Scope Statement for a project A project scope statement is used as tool for outlining the deliverables of a project and identification of constraints, assumptions along with key success factors of a project. The project boundaries will be clearly defined in a well written scope statement of a project (Walker 2015). The scope statement is considered as an essential element for successful completion of a project. Scope statement is used by the project managers as a document which demonstrates the results that will be produced from the project. The work will be done based on the constraints and as well as assumptions. The client for whom the project will be executed or the project team who will be carrying out the project should agree upon the terms and conditions that are mentioned in the scope statement prior to beginning of the work (Heagney 2016). A scope statement that is written well serves as an important resource so that the expectation of stakeholders could be managed efficiently.
3PROJECT MANAGEMENT 3. Project Gantt chart and critical path The critical path for this project is acf and the project will require 11 days for completion of the project. 4. Considerations while developing a project budget The preparation of budget is considered as a critical factor in context to planning or execution of a project. For successful completion of a project, it is essential to estimate a derailed forecast of the required costs irrespective of the industry or scale of the project. Generally, a budget plan comprises of costs associate with labour and materials (Harrison and Lock 2017). On the other hand, there are various other costs which should be taken into considerationduringplanningofprojectbudgettoensuresuccessoftheproject.The considerations for developing budget for a project is described as below: Calculation of anticipated costs – The first step that is required for preparing a project budget is calculating the anticipated costs. Many projects become failure if the cost for completion exceeds the estimated budget as the potential costs may not be estimated properly (Nicholas and Steyn 2017). For completion of a project, specific amount of budget required for the project is assigned to different activities. Preparation for change in budget – The initial costs identified for a project includes approximate potential costs which may have impact on the project. The initial costs comprise of the direct or indirect costs that may change during execution of the project (Kerzner 2018).
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4PROJECT MANAGEMENT Therefore, it is important that alterations of costs that may be unexpected should be prepared at the time of budget planning. Managing and monitoring the budget – The management and monitoring of the costs required for individual activities is a great challenge. The costs have to be managed and monitored on a regular basis during the progress of project so that the costs are lined up with the initial budget plan. 5. Various responses to risks within project management The various types of responses for risks within project management are listed as below: Avoid: This response focuses on elimination of the cause of the risk as well as associated threat. Mitigate: In a project, there are some risks which cannot be mitigated however, the impact could be reduced and it is defined as risk mitigation (Martinelli and Milosevic 2016.). Transfer: In this type of response, the risk is transferred to some third party. Accept: In this type of response, the risk is actively accepted and there may be involvement of contingency plans that could be implemented for elimination of the risks. In this type of response, the stakeholders should be well informed about the decision being made on the acceptance of risks (Heldman 2018). 6. Quality methods for successful completion of a project The quality methods that should be introduced to ensure successful completion of a project are listed as below: Project evaluation – The quality of deliverables has to be evaluated on a constant basis according to the progress to ensure successful completion of the project.
5PROJECT MANAGEMENT Monitoring – The overall project performance has to be monitored on a regular basis so that the project is able to meet the desired quality requirements (Heldman 2018). Control – It involves monitoring results of the project so that those are compliant with the desired quality standards and identification of the ways that could be implemented for elimination of the causes resulting into unsatisfactory performance. Task 2 – Case Study Report 2.1 Introduction In this report, the analysis of a project on installation, testing and commissioning the IT as well as communication infrastructure for a new hotel “City Towers” that will be constructed in the Docklands area of London undertaken by Hotel Communications Ltd. In this report, the project is being analysed based on various project management knowledge areas to ensure that theprojectissuccessful.Thisreportisbeingpreparedtodemonstratedtheessential requirements for successful completion of the contract. This report also focuses on the essential elements that are necessary to ensure success of the contract for the organization. The analysis illustrates on the basic project management capabilities that should be introduced to completed the project successfully. 2.2Projectscope statement The scope of the project is to install an Information Technology infrastructure in the New Hotel, City Towers. It is assumed that accurate IT infrastructure will provide the project owners a better communication platform. The IT appliances those will be installed to complete the construction include CCTV, IT facilities for hotel booking and its marketing,accurate IT infrastructuresinthemeetingrooms,technicalconferenceroom,Radioandtelevision provision in the hotel rooms. In order to create the IT infrastructure the professional are
6PROJECT MANAGEMENT required to follow project management practices and project management lifecycle. Proper project scope statement can resolved the quality issues and security challenges completely. 2.3 Project objectives To create an IT infrastructure in the new Hotel, City Towers within specific timeline and budget To install security appliances like CCTV, IT facilities for hotel booking and its marketing, technical conference room, radio and television provision To improve the hotel communication platform Analysis of the project Required skills and competencies of the project team In the project, there will be various members such as Developers, Programmers, Quality Analysts along with technical writers having different skills and competencies. Alongside it there will be involvement of other high-performance team who will contribute towards successful completion of the project. The skills and competencies that are required for the project team in this particular project is presented as below: Basic project management – The project team will be successful in achieving their desiredgoalsandobjectives,iftheteammembershavebasicknowledgeofproject management. The basic level of project management skills of the team members will help to provide a direction to the project.Besides the basic skills of project management, there have to be collaboration among the team members. Some of the collaboration skills required by the project teams is presented as below: Interpersonal–Itinvolvescommunicationwithintheteam,reviewof documents, codes and other related information on deliverables of the project.
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7PROJECT MANAGEMENT Technology or online collaboration – It comprises of user’s skills for operating cloud-based system which will help in collaboration along with other standard applications for sharing of documents (Cleden 2017). Communication – It is considered as one of the essential skills for the project team which demonstrates their understanding of the desired requirements from the project. Proper communication procedures and the techniques help to improve the communication between team members as well as stakeholders (Muller 2017). Communication has a vital role to play in successful achievement of the desired goals and objectives of the project. Leadership – It is one of the critical competencies that the project team should have as it is complimentary to management. In the project team, there has to be suitable leadership so that the members could be controlled and provided right direction for the project. The complexity of a project has direct relationship with leadership. Influencing the others – Eventually, project management relates to management of people associated with the project for completion of desired activities (Turner 2017). The management of people relates to managing their views, opinions and buildup of their trust so that they are encouraged to work on the particular project. Management of conflict – Conflicts are almost expected in any project but the conflict between team members could lead to failure of the project. The conflict between manager and the team members could lead to non-compliance of the results with the desired quality standards. Hence, it is important for the project team to have an ability of managing and resolving conflicts. It is basically required as an essential skill for the project managers to ensure project success.
8PROJECT MANAGEMENT Project management processes and Project lifecycle stages Project management is an essential requirement to ensure successful completion of a project along with maintaining the desired quality standards. Project management is considered as a core process which connects the project activities as well as required processes. In context to this project, there could be various activities involved however the processes will completed using the different phase of project management lifecycle as illustrated in the below section. Initiation – This phase reflects starting of a project and the activities that are required for success of the project are determined. In this phase, the main activity relates to pre-sale during which an individual or organization undertaking a project proves their availability and ability to complete the project. In this phase, the feasibility study is also carried out to present some reflection to achieve success of the project (Hornstein 2015). In this phase, the client as well as stakeholders agrees to the terms and conditions being stated for the project. A scope statement of the project will be defined by the project team and it has to be accepted by relevant stakeholders of the project. Planning – It is one of the major phases related to the project management processes. In case, the project team is not able to execute this step correctly, then there could be negative impact on next phases of the project (Portny 2017). Hence, it is essential that the project team should pay attention to the required activities to complete the project. The project plan should be developed according to the desired requirements of the client. In this phase, the project plan will be prepared after gathering of requirements which will comprise of the budget and schedule for the project. The requirements gathered have to be documented and approved by the relevant stakeholders associated with the project. In this phase, resources will be allocated in the required activities based on the time and budget for the project.
9PROJECT MANAGEMENT Execution – This phase involves working on the project as there are various reporting activities that have to be completed for the project. The senior management of the company will be provided with regular update on progress of the project and the client will be also able to track status of the project. In this phase, the activities being planned for the project will be carried out by the assigned resources (Turner 2018). Further, in this phase the effort and work done by the resources will be evaluated to determine the status of project progress. In this phase, multiple deliveries will be done alongside the reporting requirements so that the project could be completed successfully. Control and Validation – It is vital to monitor and control as well as validate the project activities throughout the entire project lifecycle. The controlling of the activities will be carried outinaccordancetotheinitialprojectmanagementconceptsthatisprojectplan, communication plan along with quality assurance plan for the project (Carvalho and Rabechini Junior 2015). Validation is another essential step which have to be taken for analysis and evaluation of the project in terms of fulfillment of the desired requirements and standards. For success delivery and completion of a project, it essential that the completed deliverables are validated with respect to the desired requirements. CloseoutandEvaluation–ThisphaserelatestohandingovertheITand communication infrastructure to the client and close the project. If the deliverables achieved from the project are according to the acceptance criteria that has been defined by the client then the project will be accepted and it will ensure success (Frinjis, Van Leeuwen and Bierwolf 2017). After the closure of project is done, it will be evaluated to identify the mistakes of project team members so that necessary steps could be taken to avoid them in future projects.
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10PROJECT MANAGEMENT The completion of a project following the mentioned phase will ensure success of the project so that it could be handed over to the client.The timeline that has to be followed to prepare the project is as follows: WB STask NameDuratio nStartFinishResource NamesCost 0Project scheduling73 daysMon 12/24/18 Wed 4/3/19 $12,744.0 0 1Project planning phase25 daysMon 12/24/18 Fri 1/25/19$4,992.00 1.1Feasibility study2 daysMon 12/24/18 Tue 12/25/18Project manager$400.00 1.2Resource identification6 daysWed 12/26/18 Wed 1/2/19 Resource manager$960.00 1.3Information gathering from the resources5 daysThu 1/3/19 Wed 1/9/19Project manager$1,000.00 1.4Information analysis2 daysThu 1/3/19 Fri 1/4/19Finance manager$352.00 1.5Risk management planning3 daysThu 1/10/19 Mon 1/14/19 Resource manager$480.00 1.6Project time and cost estimation8 daysTue 1/15/19 Thu 1/24/19Project manager$1,600.00 1.7Final draft presentation1 dayFri 1/25/19 Fri 1/25/19Project manager$200.00 2 IT communication and infrastructure presentation 28 daysMon 1/28/19 Wed 3/6/19$4,192.00 2.1Installation of CCTV in the rooms5 daysMon 1/28/19 Fri 2/1/19 Application programming manager $720.00 2.2 Installation of IT facilities in meeting rooms and conference centre 5 daysMon 2/4/19 Fri 2/8/19system designer$720.00 2.3Installing IT facilities for marketing and booking10 daysMon 2/11/19 Fri 2/22/19System developr$1,600.00 2.4IT communication and infrastructure presentation8 daysMon 2/25/19 Wed 3/6/19system designer$1,152.00 3Testing and change management plan11 daysThu 3/7/19 Thu 3/21/19$1,960.00 3.1Incorporating new initiative5 daysThu 3/7/19 Wed 3/13/19Project manager$1,000.00 3.2Including skills and competencies6 daysThu 3/14/19 Thu 3/21/19 Resource manager$960.00 4Project closure9 daysFri 3/22/19 Wed 4/3/19$1,600.00
11PROJECT MANAGEMENT 4.1Stakeholders signoff2 daysFri 3/22/19 Mon 3/25/19Project manager$400.00 4.2Post project plan implementation5 daysTue 3/26/19 Mon 4/1/19Finance manager$880.00 4.3Post maintenance plan2 daysTue 4/2/19 Wed 4/3/19 Resource manager$320.00 Leadership and administration Management and leadership are two words that are frequently tossed around without much regard to how they are used. It is easy to do because there is no clear line between the two. The truth is, most of the time distinguishing between leadership and management does not matter (Lock 2017). Leadership involves managing and management involves leading. Project managers do both. Still, there are some cases where it is important to know the differences and similarities between the two particularly for students studying the subjects. Formally, and academically, leadership and management are two completely separate concepts, with many specific definitions for both. Leadership is usually described as an influence process by an individual toward a group in the pursuit of achieving a set of goals or objectives. It also involves setting those goals and objectives for the organization to pursue. No simple, all-inclusive definition of leadership exists (Eskerod and Huemann 2016). Still, most generally accepted definitions include similar elements encompassed in that explanation. Management is the process of coordinating, influencing, and organizing the activities in an organizationintheachievementbusinessgoals.KerznerandKerzner(2017),defines management as, “the organization and coordination of the activities of a business in order to achieve defined objectives.” Another way to look at management is deciding on the best and most effective way to get from point A to point B. So, leaders set objectives and direction while managers conduct the efforts necessary to achieve them. Where leadership is described as affecting change, management is described as
12PROJECT MANAGEMENT creating order (Walker 2015). Planning involves deciding on courses of action to take in the achievement of organizational goals. It includes considering and deciding ‘how’ to do the ‘what’. This particular function can fall into both categories of leadership and management. Considering planning functions in project management does not take a lot of imagination. The vast majority of activities in the run up to project execution involve planning, including scheduling, budgeting, risk planning, and communication planning to name only a few (Harrison and Lock 2017). Planning functions are essential to project management and encompass tasks which can be classified as both leadership and management. Organizing involves bringing together the collections of resources necessary to get down to the work of achieving the goals. This function falls mostly into the category of management. Project managers spend a considerable amount of time organizing the resources necessary to successfully execute projects (Kerzner 2018). Organizing material resources, human resources, financial resources, and other limited assets which need to be utilized as efficiently and effectively as possible. Staffing addresses the human resource issues of an organization. Hiring, removing, training, promoting, and even rewarding the people who make up an organization. Often it includes creating new positions, and staffing them. Depending on the specific activity involved at a given time, staffing can be a function of both management and leadership. Some projects involve only a single individual, but most involve multiple people. Project team members, both internal and external, need to be managed and led (Martinelli and Milosevic 2016). Staffing issues are faced regularly by project managers, even on short term projects. Directing is the most leadership-centred function of the five. It includes supervision, motivation, communication, and many other activities involved in deciding what it is the organization is going to do. This is the area where goals and objectives for the whole group are
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13PROJECT MANAGEMENT set. While this can sometimes be a management task, it is most often and closely associated with leadership. The degree of directing control by project managers varies from project to project. Leadership-based directing authority often rests with an external owner or project sponsor, but not exclusively (Heldman 2018). Management-based directing is a central part of a PM’s daily activities, especially during the execution stages of a project. Problems associated with the project Risk management is an essential requirement to ensure success of any project so this project is also likely to have certain risks. The risks have been identified in the below table along with the strategies that could be implemented for successful completion of the project. The mitigation actions will also have an impact on the organization as stated in the table however it is essential to mitigate those risks in order to ensure successful completion of the project (Cleden 2017). The effective management of those risks will help to maintain desired quality of the deliverables to be achieved from the project. Ris k ID RiskDescriptio n Impac t Risk manageme nt Strategy Likelihoo d Mitigation Action Impact on the organizati on 01Social engineering attacks It refers to cyber security threatsor attacks. HighAcceptProbableImplementati on of suitable security application or firewalls. The organizatio nwillbe benefitted butcosts will increase. 02Disclosure ofcritical It refers to exposure of MediuReduceUnlikelyTheuser accountswill The invalid or not used
14PROJECT MANAGEMENT business information critical business informatio n. mtobe monitored on aregular basis. accounts couldbe easily deleted resulting into reduction in load on the servers. 03Unauthoriz ed access to the system Exposure ofrelevant materials relatedto the project. HighTransferProbableProper authorization protocols and security policieswill be implemented (Hornstein 2015). The restriction of unauthorize d access to system will helpto prevent intruders from accessing serversof the organizatio n. 04Lossor theft of user data Exposure ofuser informatio n may lead LowReduceLikelyProper encryption standards havetobe Theuser dataor information couldbe
15PROJECT MANAGEMENT to exploitatio nofthe servers. implemented sothatdata lossortheft couldbe prevented. secured with encryption standards sothat external attackers couldbe prevented. 05Accidental threatsor human errors It refers to installation of potentially harmful application thatmay affect entire systemof the organizatio n. Mediu m AvoidProbableBackupand maintenance havetobe conducted on aregular basis. The critical information canbe restoredby the organizatio n in case of anyfailure orexternal attack. Conclusion From the overall discussions, it can be concluded that the project could successfully completed with the help of effective skills and competencies of the project team. The project has to be carried out according to the project lifecycle stages to ensure success of the contract.
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16PROJECT MANAGEMENT There is also possibility of risks that may occur during the project. Hence, it is essential that proper risk management strategies should be implemented to ensure that the project could be completed successfully. The problems associated with the project has been identified and analysed properly along with the risk management strategies has been provided to ensure that the project could be completed successfully. The management will be benefitted from this report if the project team is developed according to the desired skills and competencies.
17PROJECT MANAGEMENT References Carvalho, M.M.D. and Rabechini Junior, R., 2015. Impact of risk management on project performance:theimportanceofsoftskills.InternationalJournalofProduction Research,53(2), pp.321-340. Cleden, D., 2017.Managing project uncertainty. Routledge. Eskerod, P. and Huemann, M., 2016, February. Rethink! Project stakeholder management. Project Management Institute. Fleming, Q.W. and Koppelman, J.M., 2016, December. Earned value project management. Project Management Institute. Frijns, P., Van Leeuwen, F. and Bierwolf, R., 2017, June. Project management-a more balanced approach. InTechnology & Engineering Management Conference (TEMSCON), 2017 IEEE(pp. 234-238). IEEE. Harris, E., 2017.Strategic project risk appraisal and management. Routledge. Harrison, F. and Lock, D., 2017.Advanced project management: a structured approach. Routledge. Heagney, J., 2016.Fundamentals of project management. Amacom. Heldman, K., 2018.PMP: project management professional exam study guide. John Wiley & Sons. Heldman, K., 2018.Project management jumpstart. John Wiley & Sons. Hornstein, H.A., 2015. The integration of project management and organizational change management is now a necessity.International Journal of Project Management,33(2), pp.291- 298.
18PROJECT MANAGEMENT Joslin, R. and Müller, R., 2015. Relationships between a project management methodology and project success in different project governance contexts.International Journal of Project Management,33(6), pp.1377-1392. Kerzner, H. and Kerzner, H.R., 2017.Project management: a systems approach to planning, scheduling, and controlling. John Wiley & Sons. Kerzner, H., 2017.Project management metrics, KPIs, and dashboards: a guide to measuring and monitoring project performance. John Wiley & Sons. Kerzner, H., 2018.Project management best practices: Achieving global excellence. John Wiley & Sons. Lock, D., 2017.Naked project management: the bare facts. Routledge. Lock, D., 2017.The essentials of project management. Routledge. Martinelli, R.J. and Milosevic, D.Z., 2016.Project management toolbox: tools and techniques for the practicing project manager. John Wiley & Sons. Muller, R., 2017.Project governance. Routledge. Nicholas, J.M. and Steyn, H., 2017.Project management for engineering, business and technology. Routledge. Portny, S.E., 2017.Project management for dummies. John Wiley & Sons. Turner, J.R., 2017.Contracting for project management. Routledge. Turner, J.R., 2018. The management of the project-based organization: A personal reflection. Walker, A., 2015.Project management in construction. John Wiley & Sons.
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19PROJECT MANAGEMENT Appendix Appendix 1 Project scheduling Project planning phase Feasibility study Resource identification Information gathering from the resources Information analysis Risk management planning Project time and cost estimation Final draft presentation IT communication and infrastructure presentation Installation of CCTV in the rooms Installation of IT facilities in meeting rooms and conference centre Installing IT facilities for marketing and booking IT communication and infrastructure presentation Testing and change management plan Incorporating new initiative Including skills and competencies Project closure Stakeholders signoff Post project plan implementation Post maintenance plan Figure 1: Work Breakdown Structure of the project (Source: created by author) Appendix2 Figure 2: Gantt chart of the project