Project Management in Telco Industry

Running head: PROJECT MANAGEMENT
Project Management in Telco Industry
Name of the Student:
Name of the University:

1PROJECT MANAGEMENT
Table of Contents
Task 1: Main objectives and success criteria for the project...........................................................2
Task 2: Project management processes from specifications and contracts.....................................2
Task 3: Role of major stakeholders and implications for the project..............................................3
Task 4: Technical compliance of the project...................................................................................4
Task 5: Budget to assess viability of project estimate.....................................................................5
Task 6: Progress of project with contingencies to manage risk.......................................................5
Task 7: Risk management process...................................................................................................5
Task 8: Five project risks occur on the project................................................................................6
Task 9: Five project risk identification techniques..........................................................................7
References........................................................................................................................................8

2PROJECT MANAGEMENT
Task 1: Main objectives and success criteria for the project
The project is based on Telco Industry Environment with a focus on the value added
services (VAS). It is based on VAS project management in the industry. Following are the
objectives of regarding managing Telco & IT services such as:
 To add value to the customer’s requirements
 To add multimedia content services by delivering specific content to the mobile
operator customers
 To add advertising services on the web with benefit of customer to have for free
 To install new application on the user mobile phone
 To include services using user location
The success criteria for the project work are driving of successful project which needs
flexibility, philosophy forward approach in addition to also information about the project
management methodologies. Effective communication management is required to ensure
alignment between the stakeholders and project team for monitoring the project issues. There is
consideration of cultural differences and needs of various stakeholders.
Task 2: Project management processes from specifications and contracts
The main project management processes based on project specification and contracts are
as follows:
Initiating process: In this phase, there is identifying the project stakeholders and project
manager and development of project charter.