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Project Management Plan for Developing a Training Floor

   

Added on  2023-01-07

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Project Management
Project Management Plan for Developing a Training Floor_1

Table of Contents
INTRODUCTION......................................................................................................................3
Assessment 1..............................................................................................................................3
Objectives...............................................................................................................................3
Project Scope..........................................................................................................................3
Stakeholder concern...............................................................................................................4
Risk........................................................................................................................................5
Time (Gantt chart)..................................................................................................................7
Cost or financial budget.........................................................................................................7
Benefits realization.................................................................................................................8
Project execution challenges..................................................................................................9
Assessment 2............................................................................................................................10
Monitoring and controlling phase........................................................................................11
End of Project Report...............................................................................................................13
Outline of the objectives......................................................................................................13
Benefit which have achieved...............................................................................................13
Project stay with original scope...........................................................................................13
Changes made during the project.........................................................................................14
Summarize the lesson...........................................................................................................14
Risk identified......................................................................................................................14
CONCLUSION........................................................................................................................15
REFERENCES.........................................................................................................................16
Project Management Plan for Developing a Training Floor_2

INTRODUCTION
Project Management Plan is the plan which assist to manage and organize the
resources that help to attain the define aim. In the same way, to execute the plan in best
manner, project management comply with all the five stages such as Initiation, planning,
implementing, controlling and closing which includes all the important details regarding
project. For the study, Captify is chosen which is a small and medium based company.
Through the decided amount, company wants to establish a new floor within a building for
their employees as a training sector where new employees getting proper training session. So,
in the assessment 1, the study will shed a light upon importance of project management plan
in which objectives are define. Further scope of the project is also identified from the study
and different types of risk are identified along with stakeholder concern. Lastly, study
provide a budget which is required to execute the plan in better manner. Then study describe
the execution challenge which project manage face while implement the plan.
As per the assessment 2, study will determine analyze the tools and techniques which
are used for monitoring and controlling phase. Further, study will also use the project
management methodology which help to execute the entire project in better manner. Lastly, it
present the End of the Project report which include the lesson learnt during the whole project
and also assist to examine whether the project is met with the set objectives or not.
Here, company has undertaken a project of developing separate floor for providing training
to employees. also, in that new and advance technology tools will be installed in it to train
staff. This will enable in making easy to train staff in effective way.
Assessment 1
Objectives
Captify, who want to set a floor where company provide training session to their
employees regarding advance technology and thus, the objectives are as mention below:
To determine the key aspect of project that helps to enhance the efficiency of an
organization by applying principle of project management.
To examine the risk that may impact the project in negative manner and develop
strategy to minimize the same.
To ascertain the advantage of implement new floor for the new employees.
Project Management Plan for Developing a Training Floor_3

Project Scope
Captify is the medium company who keep providing best technological solutions to
other company and its overall profit is also increased year by year. That is why, by
introducing new floor for new hires, company provide special training program and make
them comfortable within a new business (Lock, 2020). Thus, the scope of the project is
improve the financial performance of the company and that is why the main purpose of the
plan is to implement the project step by step so that it will help to execute the plan in better
manner.
In addition to this, by executing the plan within a floor then the company get many
advantage such that it will help to sustain the brand image and also employees thinks,
company invest for their betterment and this in turn encourage them to provide 100% support
in order to meet the define aim. The cost of executing the plan is also quite low and this will
help to improve the operations of the company in better manner.
Stakeholder concern
By using the stakeholder matrix which is a project management tool that help to
determine the project stakeholder to analyze the action which are necessary to align their
goals within a project. Hence, the matrix is as mention below:
Power
Keep satisfied
Employees
Customers
Manage Closely
Competitors
Monitor
Shareholders
Investors
Keep Informed
Government
Interest
Internal stakeholders: These are the stakeholder who are entities within a business and for
the project, these are the internal stakeholder:
Project team:It is consider one of the most important key element of the project and
it is formulated by the individual for making actual results that helps to execute the
plan in better manner. Project team is lead by project manager and they make
important decision for the company as well.
Project Management Plan for Developing a Training Floor_4

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