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PROJECT
MANAGEMENT
MANAGEMENT
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Table of Contents
TASK 1............................................................................................................................................1
PID..............................................................................................................................................1
Stakeholder analysis....................................................................................................................2
TASK 2............................................................................................................................................6
WBS, Gant chart, Critical Path...................................................................................................6
TASK 3..........................................................................................................................................10
Risk Register.............................................................................................................................10
TASK 4..........................................................................................................................................13
Importance of quality leadership...............................................................................................13
Critique Project Management methodology.............................................................................14
REFERENCES..............................................................................................................................17
Appendices.....................................................................................................................................19
TASK 1............................................................................................................................................1
PID..............................................................................................................................................1
Stakeholder analysis....................................................................................................................2
TASK 2............................................................................................................................................6
WBS, Gant chart, Critical Path...................................................................................................6
TASK 3..........................................................................................................................................10
Risk Register.............................................................................................................................10
TASK 4..........................................................................................................................................13
Importance of quality leadership...............................................................................................13
Critique Project Management methodology.............................................................................14
REFERENCES..............................................................................................................................17
Appendices.....................................................................................................................................19
TASK 1
PID
Project
Background
QA higher education successfully completed their important project of
renovation of teaching rooms and the main aim of this is to provide an
ultimate learning environment and also permit to student that they can use
the latest equipment and technologies. The detail of a project is mention:
Location Birmingham
Start Date
End Date
Budget £50000 (Attached in Appendix)
Methodology
Purpose Through this, effective records are documented and capture
Objectives Assigned budget, QAHE wants to renovate teaching rooms and computer
lab in Birmingham, Manchester and London and also celebrate the success
of project.
Scope To organize and promote refurbishment of class room and labs of
Birmingham, Manchester and London. Moreover, through this project,
QAHE wants to provide effective learning to their students and by
successfully launching new application will also assist to attract range of
students.
In scope Private event which target students and their parents
Out scope Interviewing students
Key risk Control cost
Control time
Ensure quality
Key staff Project sponsor
1
PID
Project
Background
QA higher education successfully completed their important project of
renovation of teaching rooms and the main aim of this is to provide an
ultimate learning environment and also permit to student that they can use
the latest equipment and technologies. The detail of a project is mention:
Location Birmingham
Start Date
End Date
Budget £50000 (Attached in Appendix)
Methodology
Purpose Through this, effective records are documented and capture
Objectives Assigned budget, QAHE wants to renovate teaching rooms and computer
lab in Birmingham, Manchester and London and also celebrate the success
of project.
Scope To organize and promote refurbishment of class room and labs of
Birmingham, Manchester and London. Moreover, through this project,
QAHE wants to provide effective learning to their students and by
successfully launching new application will also assist to attract range of
students.
In scope Private event which target students and their parents
Out scope Interviewing students
Key risk Control cost
Control time
Ensure quality
Key staff Project sponsor
1
IT manager
Marketing manager
Constraints Time and cost
Assumptions By launching this project or event in QAHE, the university provide an
online application to the users so that they get appropriate information to
their students and teachers
Deliverable Launch new online application of University
Speech
catering
Success factor By involving all the stakeholder into a project and determine their view
points will help to meet the defined aim and objectives. During this
project, all the stakeholder are motivated and assist to met the define goals
with specific key points. Also,
Stakeholder analysis
Stakehol
der
Name
Authorit
y
Contact
person
Impact Influenc
e
Importa
nce
How
stakehol
der
contribu
te
project
How
stakehol
der
block
project
Mitigati
on
strategy
Project
sponsor
Champio
n
7859852
153
High High Grab
attention
of many
customer
s towards
new
program
By
approvin
g every
task
made by
project
manager
By
change
the date
and time
of a
project
anytime
To
minimize
any
fluctuatio
n, project
manager
have
2
Marketing manager
Constraints Time and cost
Assumptions By launching this project or event in QAHE, the university provide an
online application to the users so that they get appropriate information to
their students and teachers
Deliverable Launch new online application of University
Speech
catering
Success factor By involving all the stakeholder into a project and determine their view
points will help to meet the defined aim and objectives. During this
project, all the stakeholder are motivated and assist to met the define goals
with specific key points. Also,
Stakeholder analysis
Stakehol
der
Name
Authorit
y
Contact
person
Impact Influenc
e
Importa
nce
How
stakehol
der
contribu
te
project
How
stakehol
der
block
project
Mitigati
on
strategy
Project
sponsor
Champio
n
7859852
153
High High Grab
attention
of many
customer
s towards
new
program
By
approvin
g every
task
made by
project
manager
By
change
the date
and time
of a
project
anytime
To
minimize
any
fluctuatio
n, project
manager
have
2
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provide
every
task
performa
nce
report
and
provide
approval
for the
same
(Eskerod
and
Larsen,
2018).
Marketin
g
Manager
Adviser 7859852
152
low Medium Promote
the
project to
students
Provide
variety
of
marketin
g tools to
the
project
manager
for
attraction
of
students
This
stakehold
er did not
have any
interest
to block
the
project
By
getting
regular
updates
from
project
manager,
they may
easily
overcom
e the risk
IT
manager
Adviser 7869852
151
High High They are
responsib
le to
By
providin
g regular
This
stakehold
er did not
Through
regular
updates
3
every
task
performa
nce
report
and
provide
approval
for the
same
(Eskerod
and
Larsen,
2018).
Marketin
g
Manager
Adviser 7859852
152
low Medium Promote
the
project to
students
Provide
variety
of
marketin
g tools to
the
project
manager
for
attraction
of
students
This
stakehold
er did not
have any
interest
to block
the
project
By
getting
regular
updates
from
project
manager,
they may
easily
overcom
e the risk
IT
manager
Adviser 7869852
151
High High They are
responsib
le to
By
providin
g regular
This
stakehold
er did not
Through
regular
updates
3
launch
new
online
applicati
on for
the
QAHE
updates
to
teacher
and
students
through
online
applicati
on of a
universit
y
have any
interest
to block
the
project
the, risk
of IT
manager
easily
manage.
Project
Manager
Advisory 7889852
159
High High Project
manager
are
mainly
responsib
le to
deliver
all the
task
within a
specified
deadlines
by met
the
standards
By
delegatin
g and
managin
g the
project to
all the
stakehold
er
Project
got
affected
when
project
manager
is absent
or not
present
during
any task
By
conducti
ng
regular
meetings
and make
everyone
update
with their
roles and
responsib
ilities
(Isa,
Hamid
and
Leong,,
2018).
Financial
Manager
Advisory 7869852
154
Low high Not so
importan
Not
necessar
By delay
in taking
Through
periodica
4
new
online
applicati
on for
the
QAHE
updates
to
teacher
and
students
through
online
applicati
on of a
universit
y
have any
interest
to block
the
project
the, risk
of IT
manager
easily
manage.
Project
Manager
Advisory 7889852
159
High High Project
manager
are
mainly
responsib
le to
deliver
all the
task
within a
specified
deadlines
by met
the
standards
By
delegatin
g and
managin
g the
project to
all the
stakehold
er
Project
got
affected
when
project
manager
is absent
or not
present
during
any task
By
conducti
ng
regular
meetings
and make
everyone
update
with their
roles and
responsib
ilities
(Isa,
Hamid
and
Leong,,
2018).
Financial
Manager
Advisory 7869852
154
Low high Not so
importan
Not
necessar
By delay
in taking
Through
periodica
4
t y decision lly
updates
and make
regular
meetings
to
determin
e
whether
all
stakehold
er uses
the
allotted
budget or
not.
Media Indiffere
nt
7879852
189
Low Low Not so
importan
t
By
releasing
the event
in
positive
manner
that
helps to
attract
range of
new
users
(O'Har,
Senesi
and
By
posting
wrong
informati
on in
media
that
influence
d the
brand
image of
universit
y
By
conducti
ng
regular
meeting
with the
marketin
g
departme
nt will
help to
minimize
the issue.
5
updates
and make
regular
meetings
to
determin
e
whether
all
stakehold
er uses
the
allotted
budget or
not.
Media Indiffere
nt
7879852
189
Low Low Not so
importan
t
By
releasing
the event
in
positive
manner
that
helps to
attract
range of
new
users
(O'Har,
Senesi
and
By
posting
wrong
informati
on in
media
that
influence
d the
brand
image of
universit
y
By
conducti
ng
regular
meeting
with the
marketin
g
departme
nt will
help to
minimize
the issue.
5
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Molenaar
, 2017)
Voluntee
rs
Represen
tative
Follower
s
7879852
325
Low High They are
self
motivate
d person
and also
participat
ed in an
event
They did
not have
enough
knowled
ge with
regards
to the
project
They did
not have
any deep
understa
nding
with the
roles of a
team that
is why,
they did
not affect
the
project
or block
the
project
(Srinivas
an and
Dhivya,
2020).
By
providin
g special
training
to them
will help
to get
involve
in the
project.
6
, 2017)
Voluntee
rs
Represen
tative
Follower
s
7879852
325
Low High They are
self
motivate
d person
and also
participat
ed in an
event
They did
not have
enough
knowled
ge with
regards
to the
project
They did
not have
any deep
understa
nding
with the
roles of a
team that
is why,
they did
not affect
the
project
or block
the
project
(Srinivas
an and
Dhivya,
2020).
By
providin
g special
training
to them
will help
to get
involve
in the
project.
6
TASK 2
WBS, Gant chart, Critical Path
Gant Chart
Task Mode Task Name Duration Start Finish Predecessors
Manually
Scheduled Initiation 17 days Fri 11/8/19 Mon 12/2/19
Auto Develop business case 3 days Fri 11/8/19 Tue 11/12/19
7
WBS, Gant chart, Critical Path
Gant Chart
Task Mode Task Name Duration Start Finish Predecessors
Manually
Scheduled Initiation 17 days Fri 11/8/19 Mon 12/2/19
Auto Develop business case 3 days Fri 11/8/19 Tue 11/12/19
7
Scheduled
Auto
Scheduled
Assign project
manager 4 days Wed
11/13/19
Mon
11/18/19 2
Auto
Scheduled Meeting with sponsor 2 days Tue 11/19/19 Wed
11/20/19 2,3
Auto
Scheduled Sponsor Approval 4 days Thu 11/21/19 Tue 11/26/19 4
Auto
Scheduled
Develop project
charter 4 days Wed
11/27/19 Mon 12/2/19 5
Auto
Scheduled Planning 22 days Tue 12/3/19 Wed 1/1/20
Auto
Scheduled
Perform primary
planning 5 days Tue 12/3/19 Mon 12/9/19 6
Auto
Scheduled Develop WBS 2 days Tue 12/10/19 Wed
12/11/19 8
Auto
Scheduled
Planning human
resources 5 days Thu 12/12/19 Wed
12/18/19 8,9
Auto
Scheduled Identifing supplier 2 days Thu 12/19/19 Fri 12/20/19 10
Auto
Scheduled Plan schedule 2 days Mon
12/23/19 Tue 12/24/19 11
Auto
Scheduled Planned resources 3 days Wed
12/25/19 Fri 12/27/19 12
Auto
Scheduled Plan budget 3 days Mon
12/30/19 Wed 1/1/20 13
Auto
Scheduled Execution and control 11 days Thu 1/2/20 Thu 1/16/20
Auto
Scheduled
Manage
communications 3 days Thu 1/2/20 Mon 1/6/20 14
8
Auto
Scheduled
Assign project
manager 4 days Wed
11/13/19
Mon
11/18/19 2
Auto
Scheduled Meeting with sponsor 2 days Tue 11/19/19 Wed
11/20/19 2,3
Auto
Scheduled Sponsor Approval 4 days Thu 11/21/19 Tue 11/26/19 4
Auto
Scheduled
Develop project
charter 4 days Wed
11/27/19 Mon 12/2/19 5
Auto
Scheduled Planning 22 days Tue 12/3/19 Wed 1/1/20
Auto
Scheduled
Perform primary
planning 5 days Tue 12/3/19 Mon 12/9/19 6
Auto
Scheduled Develop WBS 2 days Tue 12/10/19 Wed
12/11/19 8
Auto
Scheduled
Planning human
resources 5 days Thu 12/12/19 Wed
12/18/19 8,9
Auto
Scheduled Identifing supplier 2 days Thu 12/19/19 Fri 12/20/19 10
Auto
Scheduled Plan schedule 2 days Mon
12/23/19 Tue 12/24/19 11
Auto
Scheduled Planned resources 3 days Wed
12/25/19 Fri 12/27/19 12
Auto
Scheduled Plan budget 3 days Mon
12/30/19 Wed 1/1/20 13
Auto
Scheduled Execution and control 11 days Thu 1/2/20 Thu 1/16/20
Auto
Scheduled
Manage
communications 3 days Thu 1/2/20 Mon 1/6/20 14
8
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Auto
Scheduled Manage procurement 2 days Thu 1/2/20 Fri 1/3/20 14
Auto
Scheduled
Track and manage
changes 3 days Tue 1/7/20 Thu 1/9/20 17,16
Auto
Scheduled Execute project tasks 1 day Fri 1/10/20 Fri 1/10/20 18
Auto
Scheduled Testing of project 2 days Mon 1/13/20 Tue 1/14/20 19
Auto
Scheduled Rectification 2 days Wed 1/15/20 Thu 1/16/20 20
Auto
Scheduled Closeout 2 days Fri 1/17/20 Mon 1/20/20
Auto
Scheduled Document closeout 1 day Fri 1/17/20 Fri 1/17/20 21
Auto
Scheduled Transfer project 1 day Mon 1/20/20 Mon 1/20/20 23
Network Diagram
9
Scheduled Manage procurement 2 days Thu 1/2/20 Fri 1/3/20 14
Auto
Scheduled
Track and manage
changes 3 days Tue 1/7/20 Thu 1/9/20 17,16
Auto
Scheduled Execute project tasks 1 day Fri 1/10/20 Fri 1/10/20 18
Auto
Scheduled Testing of project 2 days Mon 1/13/20 Tue 1/14/20 19
Auto
Scheduled Rectification 2 days Wed 1/15/20 Thu 1/16/20 20
Auto
Scheduled Closeout 2 days Fri 1/17/20 Mon 1/20/20
Auto
Scheduled Document closeout 1 day Fri 1/17/20 Fri 1/17/20 21
Auto
Scheduled Transfer project 1 day Mon 1/20/20 Mon 1/20/20 23
Network Diagram
9
Critical path
Critical path: 2+ + 4+ 5 + 6 + 8 + 10 + 11 +12 +13 + 14 + 16 +18 +19 + 21+ 22 + 23 = 36
This is the shortage path which can be followed by the project manager to complete the
project efficiently and effectively in the market. This path will help the project manager in
completing the task in just 36 days. Other than the project manager has to give 42 days to
complete the project in the market (O'Har, Senesi and Molenaar, 2017).
10
Critical path: 2+ + 4+ 5 + 6 + 8 + 10 + 11 +12 +13 + 14 + 16 +18 +19 + 21+ 22 + 23 = 36
This is the shortage path which can be followed by the project manager to complete the
project efficiently and effectively in the market. This path will help the project manager in
completing the task in just 36 days. Other than the project manager has to give 42 days to
complete the project in the market (O'Har, Senesi and Molenaar, 2017).
10
TASK 3
Risk Register
(*P= Probability, I= Impact, R= Rating)
Risk Severi
ty
Prior
to
mitiga
tion
Mitigation Severit
y after
to
mitigat
ion
Contingenc
y
Status owner
P I R P I R
Fire occurrence 3 4 10 Security department
must have proper
information about the
different number of
participant
2 3 3 Small fire
brigade can
be hired by
organizer
Closed Security
owner
Under
participation of
participation of
event
3 5 10 There should be
confirmation measure
need to be install with
invitation
2 2 4 Offer
different
sort of
offering to
participatio
n
Board
approval
Project
manager
Risk of conflict
between different
worker in regards
2 4 8 There should be clarity
among the employee
about the different
3 3 9 By guiding
employee to
work
Closed Project
manager
11
Risk Register
(*P= Probability, I= Impact, R= Rating)
Risk Severi
ty
Prior
to
mitiga
tion
Mitigation Severit
y after
to
mitigat
ion
Contingenc
y
Status owner
P I R P I R
Fire occurrence 3 4 10 Security department
must have proper
information about the
different number of
participant
2 3 3 Small fire
brigade can
be hired by
organizer
Closed Security
owner
Under
participation of
participation of
event
3 5 10 There should be
confirmation measure
need to be install with
invitation
2 2 4 Offer
different
sort of
offering to
participatio
n
Board
approval
Project
manager
Risk of conflict
between different
worker in regards
2 4 8 There should be clarity
among the employee
about the different
3 3 9 By guiding
employee to
work
Closed Project
manager
11
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of different issue r work they have to
perform in the project
according to
different
guidelines
provided by
the project
manager
Risk related to not
complete the
different project
on time, due to
improper schedule
of different
activity in the
project
3 3 10 Proper before hand
planning should be
conducted in the
organization, Planning
should look at
different operational
function which need to
perform in the process
of carrying out project.
3 3 9 By
clarifying
the schedule
before to all
the
employee in
the project.
Action
to agree
Project
planner
or
manager
Risk related to
wastage of
resources
3 5 10 Proper forecasting of
different project
activity should be
done and on the basis
of same different
resources should be
allocated (Zecheru and
Olaru, 2016)
4 5 9 By
clarifying
different
capacity of
resources
Closed Project
allocater
Risk related to not
meet the project
with specified
deadlines and this
in turn affect the
overall project and
leads toward delay
2 3 6 Manager should keep
analyze the
performance of each
task individually so
that it will help to
meet the define aim
and objectives (Fan
1 1 1 Make
changes in
the schedule
so that it
will help to
minimize
the
Closed Project
Manager
12
perform in the project
according to
different
guidelines
provided by
the project
manager
Risk related to not
complete the
different project
on time, due to
improper schedule
of different
activity in the
project
3 3 10 Proper before hand
planning should be
conducted in the
organization, Planning
should look at
different operational
function which need to
perform in the process
of carrying out project.
3 3 9 By
clarifying
the schedule
before to all
the
employee in
the project.
Action
to agree
Project
planner
or
manager
Risk related to
wastage of
resources
3 5 10 Proper forecasting of
different project
activity should be
done and on the basis
of same different
resources should be
allocated (Zecheru and
Olaru, 2016)
4 5 9 By
clarifying
different
capacity of
resources
Closed Project
allocater
Risk related to not
meet the project
with specified
deadlines and this
in turn affect the
overall project and
leads toward delay
2 3 6 Manager should keep
analyze the
performance of each
task individually so
that it will help to
meet the define aim
and objectives (Fan
1 1 1 Make
changes in
the schedule
so that it
will help to
minimize
the
Closed Project
Manager
12
and et.al., 2020).
Also, keep taking
updates to each and
every stakeholder
related to task so that
it will be easy for the
project manager to
examine the current
status of a project.
problem.
Financial issue
which means that
the allotted budget
is not properly
used
3 3 9 In order to minimize
the issue, project
manager should assign
define budget to their
members so that it will
not affect the overall
project
1 2 2 Make
adjustment
with regards
to every
assigned
task to
determine
the status
Closed Project
Manager
Risk of not having
enough supply of
food and drink to
the attendees
1 3 3 Make sure that there is
a strong agreement
with the suppliers and
there must be a
alternative of food and
drinks so that it will
not create any negative
impact upon project
1 2 2 Project
manager
make sure
that they get
a supply
from near
by market
Action
in
progress
Project
Manager
Not getting
effective quality
of resources i.e.
accommodation
services
2 3 6 Book the hotel to
nearest place and
confirm the
reservation with up to
date quality
1 2 2 Make
alternative
strategies
and shift
guest to
Action
in
progress
Project
Manager
13
Also, keep taking
updates to each and
every stakeholder
related to task so that
it will be easy for the
project manager to
examine the current
status of a project.
problem.
Financial issue
which means that
the allotted budget
is not properly
used
3 3 9 In order to minimize
the issue, project
manager should assign
define budget to their
members so that it will
not affect the overall
project
1 2 2 Make
adjustment
with regards
to every
assigned
task to
determine
the status
Closed Project
Manager
Risk of not having
enough supply of
food and drink to
the attendees
1 3 3 Make sure that there is
a strong agreement
with the suppliers and
there must be a
alternative of food and
drinks so that it will
not create any negative
impact upon project
1 2 2 Project
manager
make sure
that they get
a supply
from near
by market
Action
in
progress
Project
Manager
Not getting
effective quality
of resources i.e.
accommodation
services
2 3 6 Book the hotel to
nearest place and
confirm the
reservation with up to
date quality
1 2 2 Make
alternative
strategies
and shift
guest to
Action
in
progress
Project
Manager
13
another
hotel
Technological
error means risk o
having Internet
issues
2 2 4 IT department of
QAHE should make
testing before
installing any
equipment. Must have
alternative strategy or
equipment (Ortiz and
et.al., 2020).
1 4 4 IT
department
should
make
arrangemen
t at
emergency
s basis so
that it will
help to
minimize
issue
Closed Project
manager
TASK 4
Importance of quality leadership
As managing human resource is one of the importance aspect of any project, high quality of
leadership has been assigned in the project. It is very essential to have a strong leadership skill
for the manager to achieve the outcome of the project successfully. There are two type of the
skill which need to be possess by the leader i.e. as follows:
Soft skill: This are the skill which used to help the manager at the time of
communicating, conflict resolution and negotiation.
Hard skill: This is the skill in which tool and different schedule software are used to
develop different tangible deliverable.
It is very important to have a quality leadership in the project as quality leadership in the
project help the manager to guide the performance of different employee in positive manner in
the project (Heagney, 2016). Also, it used to help the project manager in understanding the
different future outcome very easily.
14
hotel
Technological
error means risk o
having Internet
issues
2 2 4 IT department of
QAHE should make
testing before
installing any
equipment. Must have
alternative strategy or
equipment (Ortiz and
et.al., 2020).
1 4 4 IT
department
should
make
arrangemen
t at
emergency
s basis so
that it will
help to
minimize
issue
Closed Project
manager
TASK 4
Importance of quality leadership
As managing human resource is one of the importance aspect of any project, high quality of
leadership has been assigned in the project. It is very essential to have a strong leadership skill
for the manager to achieve the outcome of the project successfully. There are two type of the
skill which need to be possess by the leader i.e. as follows:
Soft skill: This are the skill which used to help the manager at the time of
communicating, conflict resolution and negotiation.
Hard skill: This is the skill in which tool and different schedule software are used to
develop different tangible deliverable.
It is very important to have a quality leadership in the project as quality leadership in the
project help the manager to guide the performance of different employee in positive manner in
the project (Heagney, 2016). Also, it used to help the project manager in understanding the
different future outcome very easily.
14
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Also it has been find out that lack of better leadership in the organization can result
failure of the project for the client. As without implication of correct leadership it get difficult
for the project to manage different time frame and not consider change of project, as it get very
difficult to resist different changes in the project. This is the same reason due to which ford edsel
project fail, as leader is not able to manage time frame.
Role of Project Manager
Strategic body, one of the biggest role of Project manager is to make different strategy in
the project and team member has to follow the same strategy in the project. This help the project
in improving the level of efficiency of the project, Another important role which is played by the
project manager is quality controlling and benefit Realization, as project manager in the project
used to check the quality of the product by supervising the operation of the project and also used
to check the realization of different benefit (Meredith, Mantel Jr and Shafer, 2017).
Critique Project Management methodology
Agile project methodology is the methodology where demand and solution used to
evolve through collaborative effort of self organizing.
Advantage
People and interaction are emphasized, this project methodology used to center around
people in the organization. Other than that different methodology used to center around
process.
Different party used to interact with each other, This used to bring good amount of
clarity in the project of the organization.
Dis advantage
Less predictability, this project management methodology used to create the situation
where organization is find to predict the future effectively.
More time and commitment
Waterfall is the project management methodology in which the the flow used to flows in
the downward in one direction. It is the methodology in which one element of the project is
linked with the other element of the project. They are depended on previous element.
Advantage
15
failure of the project for the client. As without implication of correct leadership it get difficult
for the project to manage different time frame and not consider change of project, as it get very
difficult to resist different changes in the project. This is the same reason due to which ford edsel
project fail, as leader is not able to manage time frame.
Role of Project Manager
Strategic body, one of the biggest role of Project manager is to make different strategy in
the project and team member has to follow the same strategy in the project. This help the project
in improving the level of efficiency of the project, Another important role which is played by the
project manager is quality controlling and benefit Realization, as project manager in the project
used to check the quality of the product by supervising the operation of the project and also used
to check the realization of different benefit (Meredith, Mantel Jr and Shafer, 2017).
Critique Project Management methodology
Agile project methodology is the methodology where demand and solution used to
evolve through collaborative effort of self organizing.
Advantage
People and interaction are emphasized, this project methodology used to center around
people in the organization. Other than that different methodology used to center around
process.
Different party used to interact with each other, This used to bring good amount of
clarity in the project of the organization.
Dis advantage
Less predictability, this project management methodology used to create the situation
where organization is find to predict the future effectively.
More time and commitment
Waterfall is the project management methodology in which the the flow used to flows in
the downward in one direction. It is the methodology in which one element of the project is
linked with the other element of the project. They are depended on previous element.
Advantage
15
Used to complete the each phase in the project before going forward, this help company
in checking the direction in which performance of business is going forward.
There is minimum client intervention, Also this methodology does not require a client
interaction to be conducted in the project.
Disadvantage
Difficult to fix different error, as difficulty can be find out only in the phase, not during
the phase.
Not suitable for complex project in the organization, it is better for smaller project, it is
not that much suitable for the complex project which require good amount of the efforts.
Prince 2 is the process based approach in the organization which used to look at the
entire project from starting to end. Project are thoroughly planned before kicking off of same in
the organization.
Advantage
Reduces team learning curve, As this methodology used to merge two to three process
together it used to overlook the learning curve in the organization (Kerzner, 2017).
help in reducing risk and improving the work, this methodology is more efficient as
compare to the other methodology in the term of consuming less time and cost.
Disadvantage
Require good sort of experience to apply same, This is tough task to perform, so it is
very difficult to apply without any sort of the experience.
Require good sort of documentary work as well, Also it demands good sort of
documentary to be performed in the organization.
Going through the different methodology it can be said that Agile methodology will be
the best methodology for the project.
16
in checking the direction in which performance of business is going forward.
There is minimum client intervention, Also this methodology does not require a client
interaction to be conducted in the project.
Disadvantage
Difficult to fix different error, as difficulty can be find out only in the phase, not during
the phase.
Not suitable for complex project in the organization, it is better for smaller project, it is
not that much suitable for the complex project which require good amount of the efforts.
Prince 2 is the process based approach in the organization which used to look at the
entire project from starting to end. Project are thoroughly planned before kicking off of same in
the organization.
Advantage
Reduces team learning curve, As this methodology used to merge two to three process
together it used to overlook the learning curve in the organization (Kerzner, 2017).
help in reducing risk and improving the work, this methodology is more efficient as
compare to the other methodology in the term of consuming less time and cost.
Disadvantage
Require good sort of experience to apply same, This is tough task to perform, so it is
very difficult to apply without any sort of the experience.
Require good sort of documentary work as well, Also it demands good sort of
documentary to be performed in the organization.
Going through the different methodology it can be said that Agile methodology will be
the best methodology for the project.
16
17
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REFERENCES
Books and Journals
Eskerod, P. and Larsen, T., 2018. Advancing project stakeholder analysis by the concept
‘shadows of the context’. International Journal of Project Management.36(1). pp.161-
169.
Isa, N. A. M., Hamid, N. A. and Leong, T. P., 2018. A Stakeholder Analysis of the KLIA2
Airport Terminal Project. Asian Journal of Behavioural Studies. 3(13). pp.1-7.
Srinivasan, N. P. and Dhivya, S., 2020. An empirical study on stakeholder management in
construction projects. Materials Today: Proceedings. 21. pp.60-62.
Fan, X. and et.al., 2020. Decentralized Trust Management: Risk Analysis and Trust
Aggregation. ACM Computing Surveys (CSUR).53(1). pp.1-33.
Ortiz, E. V. and et.al., 2020. Risk Analysis Due to the Variation of Chemical Parameters
Induced by Lithology. Fiambalá, Chaschuil River, Catamarca, Argentina. In Advances in
Geomorphology and Quaternary Studies in Argentina (pp. 169-181). Springer, Cham.
Kerzner, H., 2017. Project management: a systems approach to planning, scheduling, and
controlling. John Wiley & Sons.
Meredith, J. R., Mantel Jr, S. J. and Shafer, S. M., 2017. Project management: a managerial
approach. John Wiley & Sons.
Heagney, J., 2016. Fundamentals of project management. Amacom.
Zecheru, V. and Olaru, B.G., 2016. Work Breakdown Structure (WBS) in Project
Management. Review of International Comparative Management/Revista de Management
Comparat International. 17(1).
Kuchta, D. and Ptaszyńska, E., 2017, July. Fuzzy based risk register for construction project risk
assessment. In AIP Conference Proceedings (Vol. 1863, No. 1, p. 230006). AIP Publishing LLC.
Uzulāns, J., 2016. Project Risk Register Analysis Based on the Theoretical Analysis of Project
Management Notion of Risk. Economics and Business. 29(1). pp.43-48.
O'Har, J. P., Senesi, C. W. and Molenaar, K. R., 2017. Development of a risk register
spreadsheet tool for enterprise-and program-level risk management. Transportation
research record. 2604(1). pp.19-27.
18
Books and Journals
Eskerod, P. and Larsen, T., 2018. Advancing project stakeholder analysis by the concept
‘shadows of the context’. International Journal of Project Management.36(1). pp.161-
169.
Isa, N. A. M., Hamid, N. A. and Leong, T. P., 2018. A Stakeholder Analysis of the KLIA2
Airport Terminal Project. Asian Journal of Behavioural Studies. 3(13). pp.1-7.
Srinivasan, N. P. and Dhivya, S., 2020. An empirical study on stakeholder management in
construction projects. Materials Today: Proceedings. 21. pp.60-62.
Fan, X. and et.al., 2020. Decentralized Trust Management: Risk Analysis and Trust
Aggregation. ACM Computing Surveys (CSUR).53(1). pp.1-33.
Ortiz, E. V. and et.al., 2020. Risk Analysis Due to the Variation of Chemical Parameters
Induced by Lithology. Fiambalá, Chaschuil River, Catamarca, Argentina. In Advances in
Geomorphology and Quaternary Studies in Argentina (pp. 169-181). Springer, Cham.
Kerzner, H., 2017. Project management: a systems approach to planning, scheduling, and
controlling. John Wiley & Sons.
Meredith, J. R., Mantel Jr, S. J. and Shafer, S. M., 2017. Project management: a managerial
approach. John Wiley & Sons.
Heagney, J., 2016. Fundamentals of project management. Amacom.
Zecheru, V. and Olaru, B.G., 2016. Work Breakdown Structure (WBS) in Project
Management. Review of International Comparative Management/Revista de Management
Comparat International. 17(1).
Kuchta, D. and Ptaszyńska, E., 2017, July. Fuzzy based risk register for construction project risk
assessment. In AIP Conference Proceedings (Vol. 1863, No. 1, p. 230006). AIP Publishing LLC.
Uzulāns, J., 2016. Project Risk Register Analysis Based on the Theoretical Analysis of Project
Management Notion of Risk. Economics and Business. 29(1). pp.43-48.
O'Har, J. P., Senesi, C. W. and Molenaar, K. R., 2017. Development of a risk register
spreadsheet tool for enterprise-and program-level risk management. Transportation
research record. 2604(1). pp.19-27.
18
19
Appendices
Budget Information
Particulars Amount (£)
Rent 700
Electricity 117
Phone and Internet 100
Water 50
Fuel 50
Food 200
Car 300
Catering 15000
Promotional expenses 5000
Transport 1000
Refreshment 7000
Accommodation 5283
Gifts 4500
Security 3500
Insurance 2500
Miscellaneous expenses 4700
Total 50000
20
Budget Information
Particulars Amount (£)
Rent 700
Electricity 117
Phone and Internet 100
Water 50
Fuel 50
Food 200
Car 300
Catering 15000
Promotional expenses 5000
Transport 1000
Refreshment 7000
Accommodation 5283
Gifts 4500
Security 3500
Insurance 2500
Miscellaneous expenses 4700
Total 50000
20
1 out of 22
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