Project Report on Effective Project Management Process
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This project report discusses the implication of effective project management process and the alignment of improved functional and development methods. It includes a summary of project status, detailed status report, leadership behavior in the project, existing team environment, and conclusion.
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Running head: PROJECT REPORT Project Report Name of the Student: Student ID: Name of the University: Author’s note:
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1PROJECT REPORT Table of Contents Introduction......................................................................................................................................2 1. Summary of Project Status..........................................................................................................2 2. Detailed Status report for project.................................................................................................3 3. Leadership Behaviour in the Project............................................................................................4 4. Existing Team Environment........................................................................................................6 Conclusion.......................................................................................................................................7 Bibliography....................................................................................................................................8 Appendix: Reflection.....................................................................................................................10
2PROJECT REPORT Introduction The following assignment is the study of the implication of the effective project management process and the alignment of the improved functional and development methods. The use of the improved functional development would be implied for listing the activities of the project and forming the utilization of the operations for forming the utilization of the operations (Heldman 2018). It is important for aligning the utilization of the operations and it would also be deployed for listing the utilization and the successful for using the analysis of the cost indicating factors for the project, the detailed status reports and the alignment of the risk analysis successfully. The implication would be deployed for forming the utilization of the study of the team environment analysis for forming the implication development. 1. Summary of Project Status The project had been facing many issues due to the lazy behaviour of Tony, the previous owner. The project development had seen the delay in project completion due to the lack of the enthusiasm in the project manager. The activities of the project were scheduled to be half completed in the expected duration of 2 months. However, the project only finished by 43.75 % in the time interval of 2 months. The following table would show the cost and schedule variances of the project, EstimatedActual Total Budget1200000Ground Floor10075 Schedule120First Floor5025 work100Second Floor5025 Top Floor050
3PROJECT REPORT Total work50.00%43.75% Duration6060 Cost600000675000 Planned Value600000 Earned Value525000 Cost Variance-150000Over budget Schedule Variance-75000Behind Schedule The calculation of the cost and schedule variances have shown that the project is over budgeted and it is working behind schedule. The completion of the project would take more time and money than expected due to the project being started from the top floor. The top floor works had caused the delay in completion of the project works. The overall expected project duration was 120 days out of which 60 days have been spent. The project should have been half completed till the time being. It had been 60 days and the project had only covered 43.75 days. The project had exhausted $675,000 dollars and the completion of the project can result in exhausting more than $700,000.00 more at this rate. 2. Detailed Status report for project The detailed status report of the project is based on the project working scenario and the usage of the time being for the exhaustion of the resources for the project completion. The total work required for the office fit out was top floor, ground floor, first floor, and second floor. The project had considered the exhaustion of 120 days along with the budget of $1,200,000. The completion of the project analysis would tend for the alignment of the documentation supporting the exhaustion of the documents. The calculation of the cost and schedule variances have shown
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4PROJECT REPORT that the project is over budgeted and it is working behind schedule. The completion of the project would take more time and money than expected due to the project being started from the top floor. The top floor works had caused the delay in completion of the project works. The overall expected project duration was 120 days out of which 60 days have been spent. The project should have been half completed till the time being. It had been 60 days and the project had only covered 43.75 days. The project had exhausted $675,000 dollars and the completion of the project can result in exhausting more than $700,000.00 more at this rate.The project execution would result in causing the formation of the major issues for the project completion. The delay has resulted in forming the major problems for the completion of the project activities. 3. Leadership Behaviour in the Project The project was a construction project and it had been almost half completed with the delay and over budgeting conditions. The previous project manager had not been following the proper leadership qualities and hence it resulted in causing severe damage for the execution of the project (Turner 2016). The study of the effective management can result in forming the major issues for the completion of the improved project development. The qualities of the leadership thathaveimpactonprojectarevisioning,decisionmaking,empowering,influencing, communicating, strategizing, and team building. It was important for managing the implication of the improved study and formation of the understanding of the activities supporting the utilization of the profound development of the study. The leadership would be required for taking care of the delay in project and forming the major successful alignment of the activities (Binder 2016). The following leadership qualities are required for the effective execution of the project,
5PROJECT REPORT VisioningThe project managers must follow the concept of analysing the situation and the utilization of the proper vision statement for the execution of the projectoperations.Thevisioningofthedocumentationwouldbe deployed for effective alignment of the documentation. Decision MakingThe key decision making in the projects would be executed for the development would align with the utilization of improved alignment procedures for the key decision making for the project. The key decision making for the project would be executed with the concept of executing the project development. EmpoweringThe empowering would be required for the project activities would be deployed for easing the process of developing the project execution and development. The empowering of the project would result in forming the major alliance for the project. InfluencingThe influencing factor would support the development of the improved activity alignment and the continuation of the proper documentation. The influence on the project team members would be helpful for the execution of the project. CommunicatingThe communicating would be required for the project activities would be deployed for easing the process of developing the project execution and development. The communicating of the project would result in forming the major alliance for the project. StrategizingThe strategizing would be required for the project activities would be deployed for easing the process of developing the project execution and
6PROJECT REPORT development. The strategizing of the project would result in forming the major alliance for the project. Team BuildingThe team building would be required for the project activities would be deployed for easing the process of developing the project execution and development. The team building of the project would result in forming the major alliance for the project. 4. Existing Team Environment The existing behavior of project team is dependent on the work responsibility and alignment of effective team works. The project was a construction project and it had been almost half completed with the delay and over budgeting conditions (Leach 2014). The previous project manager had not been following the proper leadership qualities and hence it resulted in causing severe damage for the execution of the project. The team had been facing major issues due to the fact that Tony had left the company abruptly and hence, it was needed that project would be deployed for listing the alignment of the activities. The team would require the implication of the activities supporting the implication of the operations and the new manager would be required for executing the project activities.The existing team environment is completely messy and the situation of the existing project is doomed as the project not only lags but is also have consumed more than anticipated resources for the time duration of the two months. The projectcompletionwould beresponsiblefor thesuccessfulalignmentof the improved functional development and the varioustypes of status reporting are executive status reporting, program level status reporting, project team status reporting, individual team member
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7PROJECT REPORT contribution and status. Risk Analysis would be done for ensuring the implication and the utilization of the activities and implying the operations for successful implication of the documentation and supporting the utilization of the proper documentation (Nicholas and Steyn 2017). The implication of the improved risk analysis would be required for the deployment of the effective alignment methods. The risk factors in the project result in forming the major problems for the execution of the project activities. Conclusion The following assignment was based on the study of the implication of the effective project management process and the alignment of the improved functional and development methods. The use of the improved functional development had been implied for listing the activities of the project and forming the utilization of the operations for forming the utilization of the operations. It was important for aligning the utilization of the operations and it had also be deployed for listing the utilization and the successful for using the analysis of the cost indicating factors for the project, the detailed status reports and the alignment of the risk analysis successfully. The implication had been deployed for forming the utilization of the study of the team environment analysis for forming the implication development. The study had helped in listing the utilization of the improved functional and effective development for the listing the major considerations for the project executions.
8PROJECT REPORT Bibliography Binder, J., 2016.Global project management: communication, collaboration and management across borders. Routledge. Boud, D., Cohen, R. and Sampson, J. eds., 2014.Peer learning in higher education: Learning from and with each other. Routledge. Goleman, D., 2017.Leadership That Gets Results (Harvard Business Review Classics). Harvard Business Press. Harrison, F. and Lock, D., 2017.Advanced project management: a structured approach. Routledge. Heagney, J., 2016.Fundamentals of project management. AMACOM Div American Mgmt Assn. Heldman, K., 2018.PMP: project management professional exam study guide. John Wiley & Sons. Kerzner, H. and Kerzner, H.R., 2017.Project management: a systems approach to planning, scheduling, and controlling. John Wiley & Sons. Kerzner, H., 2018.Project management best practices: Achieving global excellence. John Wiley & Sons. Leach, L.P., 2014.Critical chain project management. Artech House.
9PROJECT REPORT Mir, F.A. and Pinnington, A.H., 2014. Exploring the value of project management: linking projectmanagementperformanceandprojectsuccess.Internationaljournalofproject management,32(2), pp.202-217. Nicholas,J.M.andSteyn,H.,2017.Projectmanagementforengineering,businessand technology. Taylor & Francis. Turner, R., 2016.Gower handbook of project management. Routledge. Verzuh, E., 2015.The fast forward MBA in project management. John Wiley & Sons. Walker, A., 2015.Project management in construction. John Wiley & Sons. Ward, J., 2016.Keeping the family business healthy: How to plan for continuing growth, profitability, and family leadership. Springer.
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10PROJECT REPORT Appendix: Reflection I had to go through a rigorous analysis for the activities so that the remaining activities would be deployed for easing the completion of the project. The existing conditions of the project were not very good and hence it was possible that the implication would result in forming the major issues for the project. I had to deploy effective project tracking and reporting, leadership behavior on project, and project risk analysis for the successful completion of the project. Thetracking and reporting project performance using diverse metrics like cost variance and schedule variance. Thecost variance was helpful to me for forming the study of the variation in cost by the help of the data collected from the cost expectations. Similarly I used the schedule variance would help in easing the analysis of the variation in schedule from the scheduled plan. The project status reporting was developed for easing the analysis of the project implication and execution of the project operations and it helped me in extending the implication of the improved analysis of project activities. The study also provided me an option for listing the alignment of the improved functional development. I would have to ensure that the project is executed in the specific time duration.