Organization “WRU” Project Management

Running head: PROJECT MANAGEMENT
Project management
Name of the Student
Name of the university
Author’s Note

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Executive Summary
The paper mainly on the organization “WRU” that engages in the development of widgets. The
main aim of the project is to develop an ERP system for improving the functioning of the
operations for achieving proper competitive advantage in the market for meeting the various
requirements of the customers. The paper showcases that the ERP system will generally get
completed within 60 days by using budget of around $43,840. Furthermore, the paper also
reflects on quality management as well as risk management strategies for successfully
completing the development of ERP.

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Table of Contents
1. Background..................................................................................................................................3
1.1 Need for improvement...........................................................................................................3
1.2 Reasons behind application of existing and similar approaches...........................................3
2. Evaluation of alternatives............................................................................................................4
2.1 Description of alternative solution for the project.................................................................4
2.2 Explanation and justification of ranking used in project selection matrix............................4
2.3 Summary and analysis of outcome......................................................................................5
3. Project concept.............................................................................................................................5
3.1 Description of project............................................................................................................5
3.2 Project objectives...................................................................................................................6
3.3 Project requirement and deliverables.....................................................................................6
3.4 Project key performance indicators.......................................................................................8
4. Project feasibility.........................................................................................................................9
4.1 Feasibility and sustainability of project.................................................................................9
4.2 Approval requirements........................................................................................................10
4.3 Project assumptions.............................................................................................................10
4.4 Project constraints................................................................................................................11
4.5 Possible improvements........................................................................................................11
5. Project stakeholder management...............................................................................................12
5.1 Specific target......................................................................................................................12
5.2 Organizational chart.............................................................................................................13
5.3 Information related to HR and communication management..............................................13
6. Project schedule management....................................................................................................14
6.1 Schedule milestones.............................................................................................................14
6.2 Project WBS........................................................................................................................14
6.3 Project Gantt chart...............................................................................................................15
6.4 Schedule managed during project........................................................................................15
6.5 Information related to time management.............................................................................15
7. Cost management.......................................................................................................................16
7.1 First pass estimation cost.....................................................................................................16
7.2 Justification..........................................................................................................................17
7.3 Management of cost.............................................................................................................17
7.4 Information associated with cost management....................................................................17

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8. Quality management..................................................................................................................17
8.1 Description of quality items that are measured...................................................................17
8.2 Explaining measurable items...............................................................................................18
8.3 Final quality.........................................................................................................................18
8.4 Information related to quality management.........................................................................19
9. Risk management.......................................................................................................................20
9.1 Risk register.........................................................................................................................20
9.2 Providing risk matrix...........................................................................................................21
9.3 Information related to risk management..............................................................................21
10. Procurement management.......................................................................................................21
10.1 Description about contracts...............................................................................................21
10.2 Make -or buy analysis........................................................................................................22
10.3 Information related to procurement management..............................................................22
11. Conclusion...............................................................................................................................22
Bibliography..................................................................................................................................23

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1. Background
1.1 Need for improvement
The paper mainly reflects on WRU which is a medium sized firm that is mainly
specialized in the design as well as proper manufacturing of quality widgets. The organization
generally has four departments including sales, engineering, accounting as well as production.
This particular design is appropriate and therefore the company can be able to compete in the
industry successfully. In the last three years, the demand for the various widgets generally
exploded and therefore the organization “WRU” is unable to compete successfully within the
market. It is analyzed that a number of new innovations have generally passed by the
organization as the company is picking up signs from the marketplace very slowly. In addition to
this, conflict also arises within different department. It is quite necessary to take certain steps so
that the project related issues and challenges gets resolved effectively.
1.2 Reasons behind application of existing and similar approaches
It is quite necessary to adopt some of the significant approaches as well as technologies
for mitigating the challenges which the organization is facing. After analyzing the operation of
WRU, it is found that competitive advantage can be sustained within the market if the
organization develops ERP system for managing its operations effectively. This is because ERP
helps in managing a number of business functions effectively by streamlining the business
operations. With the help of this software, WRU is quite capable of improving the productivity
which further can be helpful in improving the customer service that is delivered by the
organization. Additionally, by using this particular software, the organization are quite capable
of gaining competitive advantage and can further improve the process efficiency.

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2. Evaluation of alternatives
2.1 Description of alternative solution for the project
The various alternatives solution for the organization for resolving the challenges and
problems that they are facing are elaborated below:
Criteria Weight Requirement score
Development of ERP Development of CRM
Value 20% 15% 12%
Gaining competitive
advantage
25% 25% 25%
Improving
productivity
15% 15% 10%
Process efficiency 20% 15% 10%
Internal conflict
resolution
10% 10% 5%
Success 10% 8% 5%
Weighted scores 100% 88% 67%
2.2 Explanation and justification of ranking used in project selection matrix
It is found that both the options are generally analyzed on the basis of value, competitive
advantage, productivity, process efficiency, conflict resolution as well as success (Kerzner
2017). ERP system are found to be appropriate in gaining competitive advantage, improving
productivity, resolving conflict in a much better way in compared to the CRM system. After