Project Management: Implementation of Micro Hydro Power Plant
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Added on 2023/04/03
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This document discusses the implementation of a micro hydro power plant and the challenges faced in project integration management. It provides insights on how to effectively manage scope changes within a project.
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Running head: PROJECT MANAGEMENT Project management: Implementation of Micro Hydro Power Plant Name of the Student Name of the University Author’s Note
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1 PROJECT MANAGEMENT Table of Contents Task 1: Project status report.......................................................................................................2 1.1Project integration management..................................................................................2 Task 2: Project management plan..............................................................................................4 2.1 Risk management plan.....................................................................................................4 Task 3: Ms Project file...............................................................................................................7 3.1 Project status at 50% completion.....................................................................................7 3.2 MS project before 20 days of delay.................................................................................8 3.3 MS project after 20 days of delay....................................................................................9 Bibliography.............................................................................................................................10
2 PROJECT MANAGEMENT Task 1: Project status report 1.1Project integration management The scenario reflects that in spite of the planning in the project, it is reflected that the entire project faces a number of scope changes within the project from the starting of the project. It is analyzed that this generally resulted in several challenges within the project as the project plan needs to be changed from time to time. In order to resolve this issue, the project manager must take the responsibility of successfully managing the work of the project effectively [1]. The project manager must focus on effective steps such that the scope changes within the project can be effectively managed or handled in the initiation, execution as well as planning phases of the project. It is found that in order to deal with the scope changes within the project, it is quite necessary to understand the changes that are needed within the project in order to ensure that whether the changes are really needed for the success of the project or the project can be able to achieve its goals and objectives without that change in the project [4]. It is found that the after verifying the need of the change within the project, it is quite important to determine how the change that will be implemented within the project will create impact. If the changes in the project impact the project negatively then the changes within the project must be avoided [2]. Thus, it is found that the changes within the scope of the project can be avoided to some extent if proper review is done on the impact that will occur on the project after the change will be undertaken. In addition to this, the changes within the project must utilize proper formal procedure that must include proper decision making procedure that generally helps the project stakeholders in making proper informed decision.
3 PROJECT MANAGEMENT In addition to this, it is found that scope changes within the project should be avoided as most of the time changes within the project scope negatively impacts the project and this is because both the time and budget of the project gets increases. The steps that the project manager generally follows for avoiding the changes within the project it is very much necessary to undertake a number of steps [3]. The first and the most important steps are to document the requirements of the project quite effectively. This step is time-consuming to record the requirement but it is necessary to know the requirement so that the project requirements can be prioritized as per the needs as well as demands. After understanding of the project requirements, it is very much necessary to set up proper change control procedure. Setting up proper change control procedure reflects proper review as well as approval of the project changes [12]. The changes that are needed in the project should be reviewed for analyzing its need and after proper review, approval for the changes in the project is generally provided. Thirdly, development of project schedule is helpful in avoiding scope changes. It is found that by utilizing the requirements for developing proper detailed task lists of the project are generally needed for delivering the entire project quite successful such that it will be able to reflect all the needs of the project with proper time when the activities associated with the project will generally get completed [4]. By using the schedule of the project, the project manager generally can cross reference against the requirements for making sure that they have added everything as per the requirement and the project will accomplish its objectives. After the entire schedule is outlined, the contingency related with the planned project is very less. In the last step, it is important to verify the scope with the project stakeholders. Checking the scope helps in providing understanding about the requirements [1]. Meeting with the project sponsor also be arranged for share the documentation that is created after the verification of the project scope with the help of the team members in order to take
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4 PROJECT MANAGEMENT suggestions from the sponsor. For example, if the project leaders want to add some new functionality within the information system that is implemented, it is quite necessary to analyze the need of the functionality and how the addition of a new functionality will create changes on the scope as well as budget of the project. After analyzing the impact, the changes will be sent for approval [3]. The steps that are elaborated are quite useful in avoiding the scope changes within the project and generally help in achieving the goals as well as objectives of the project quite successfully. Task 2: Project management plan 2.1 Risk management plan As per the situation, it is found that there is change within the regulatory that is creating impact on the wage rates of the project cost and therefore the total budget on the project generally get enhanced by 15% and additionally this is not accounted for as a risk. This situation should be handled by the project manager by properly implementing the risk management plan. It is found that for managing this situation, the most important task that the project manager needs to undertake is to identify the places where the costs of the project can generally get reduced [5]. It is found that the technique of cost management is mainly concerned with the procedure of planning as well as controlling the budget of the entire project and it must include a number of activities including proper planning, budgeting, estimating as well as controlling the project cost such that the entire project gets finished within the approved budget [7]. It is analyzed that cost management mainly covers the entire project life cycle starting from the initiation phase to the closure phase that further helps in measuring the actual cost performances. Proper management of project budget is necessary so that the entire project gets executed within the assigned budget and the increment in the budget of the project can be
5 PROJECT MANAGEMENT handled. For properly managing the project within the assigned budget, it is quite important to create proper planning of the resources, make proper project estimation as well as proper steps for controlling the cost of the project. Proper planning of the resources is required in this situation so that the resources of the project get properly managed and the project manager will generally get idea about the places were the project budget can be reduced. Once both the resource types as well as quantities of the needed resources are known then proper estimation about the required budget can be made. Moreover, utilization of proper cost estimation technique is helpful in predicting the cost in order to perform the different types of activities of the project quite effectively [6].In this project, bottom up estimation method should be used to analyzed the needed budget after the changes within the wages of the resources has been done. This helps in providing clear overview about the extra amount of budget that is required to be managed. After this, cost control procedures must be utilized. Cost control is mainly concerned with the measurement of project variances from the cost baseline of the project in order to take proper corrective action for achieving the minimum cost for the project. Proper procedures are needed to be used for properly monitoring the expenditures as well as performances against the entire project [11].The different types of changes within the cost baseline must be recorded and the amount that is needed for the project should be forecasted. Cost control software tools can also be used for defining the cost control procedures as well as for keeping the track on the budge expenditure. The increased budget of the project needs to be effectively controlled by using a number of steps so that the entire project gets finished within the assigned budget. There are a number of tips that needs to be followed in order to control the cost of the project successfully [12]. The expenditure of the project should be controlled and must be done in a planned way for avoiding extra expenses such that the project manager does not need to
6 PROJECT MANAGEMENT arrange the extra amount that is forecasted to be needed due to changes in the wages of the staffs. In addition to this, it is found that tracking the cost on weekly basis is necessary for making sure that the entire cost of the project is on track and it will get completed on time. One of the most important techniques of controlling cost which can be used within the present situation is the utilization of earned value management. It is found that the use of EVM helps in reflecting the variances between the work that is planned and the work tht is mainly executed. It is found that a proper resource loaded schedule generally helps in allowing for calculating the cost that is estimated and the cost that is now needed ad also helps in reflecting the differences [5]. Additionally, it is found that the risk associated with the financial management that generally arises within the project should be managed by tracking the expenditure on daily basis. This helps in avoiding extra expenses and leads the project to complete within the budget that is estimated during the initial project plan development. Moreover, review as well as revising the cost as required should be done for handling the project effectively .Moreover, the concept of risk management should be utilized so that the risks that occur due to increment within the budget of the project generally get completed successfully. It is very much advisable to constantly review the cost as well as other types of financial information that is related with the project [11]. Providing reports on the finance of the project on regular basis will also keep the project cost on track ad nay changes within the budget can be identified in the initial stage and thus appropriate actions needs to be taken order to resolve the issue effectively [12]. It is found that proper management of the project budget is generally helpful in managing the project within the assigned budget and the increase n the budget does not create any type of impact on the progress of the project. Thus, it is analyzed that proper utilization of cost control as well as project management must be
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7 PROJECT MANAGEMENT used within the project for avoiding the financial issues as well as problems that occurs within the project. Task 3: Ms Project file 3.1 Project status at 50% completion The figure that is provided below helps in reflecting that the Project: implementation of Micro Hydro Power Plant” generally gets 50% complete.
8 PROJECT MANAGEMENT Figure 1: Status of the project (Source: Created by author) 3.2 MS project before 20 days of delay The screenshot that is provided below showcases that before 20 days of delay the project requires 131 days and budget of around $226,980 in order to complete the project successfully.
9 PROJECT MANAGEMENT Figure 2: MS project before 20 days of delay (Source: Created by author) 3.3 MS project after 20 days of delay The screenshot that is given below helps in suggesting that after 20 days of delay both the time as well as budget that is required for the implementation of micro hydro plant generally changes. The changes are generally reflected in the figure below with yellow colour.
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10 PROJECT MANAGEMENT Figure 3: MS project after 20 days of delay (Source: Created by author) 3.4 MS project after crashing Figure 4: MS project after crashing
11 PROJECT MANAGEMENT (Source: Created by author) Bibliography [1].B. Doppelt.,.Leading change toward sustainability: A change-management guide for business, government and civil society. Routledge, 2017 [2].E. Cameron, and M. Green.,Making sense of change management: A complete guide to the models, tools and techniques of organizational change. Kogan Page Publishers, 2015. [3].H.A Hornstein., The integration of project management and organizational change management is now a necessity.International Journal of Project Management,33(2), pp.291-298, 2015. [4].S. Lewis., S. Cantore and J. Passmore.,Appreciative inquiry for change management: Using AI to facilitate organizational development. Kogan Page Publishers, 2016. [5].H. Yan. , H. Zhang., F. Yang., X. Zhan. And C. Peng., Event-triggered asynchronous guaranteedcostcontrolforMarkovjumpdiscrete-timeneuralnetworkswith distributed delay and channel fading.IEEE transactions on neural networks and learning systems,29(8), pp.3588-3598, ,., 2017. [6].D. Shermon,.Systems cost engineering: program affordability management and cost control. Routledge, 2017 [7].Kerzner,Project management metrics, KPIs, and dashboards: a guide to measuring and monitoring project performance. John Wiley & Sons, 2017. [8].R. Joslin and R. Müller, Relationships between a project management methodology and project success in different project governance contexts.International Journal of Project Management,33(6), pp.1377-1392, 2015.
12 PROJECT MANAGEMENT [9].L. Mathiaszyk, C. Volkmann and S. Read, Effectual Project Management: Thinking Like an Expert Entrepreneur2, 2019. [10].H.A Hornstein, The integration of project management and organizational changemanagementisnowanecessity.InternationalJournalofProject Management,33(2), pp.291-298, 2015. [11].P. Svejvig, and P. Andersen, Rethinking project management: A structured literature review with a critical look at the brave new world.International Journal of Project Management,33(2), pp.278-290,2015. [12].J. Kivila., M. Martinsuo, and L. Vuorinen., Sustainable project management through project control in infrastructure projects.International Journal of Project Management,35(6), pp.1167-1183, 2017.