Project Management Success Factors and Risk Assessment
Verified
Added on 2020/07/22
|16
|4137
|18
AI Summary
The assignment discusses the importance of project management success factors, including effective communication, staff involvement, technology implementation, and risk assessment procedures. It highlights the need for a systematic approach to planning, scheduling, and controlling projects to ensure their successful completion.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
Project Management
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Table of Contents INTRODUCTION...........................................................................................................................3 TASK 1............................................................................................................................................3 PID.........................................................................................................................................3 Budget analysis.......................................................................................................................5 Time scale...............................................................................................................................5 TASK 2............................................................................................................................................9 2. Risk assessment.................................................................................................................9 TASK 3.........................................................................................................................................13 3. Project Plan......................................................................................................................13 Gantt chart.....................................................................................................................................13 TASK 4..........................................................................................................................................14 4.a) Significance of quality risk management plan and its impact on project.....................14 4 b) An analysis and critique of the potential relevance of PRINCE2 as a methodology for this project..................................................................................................................................14 CONCLUSION..............................................................................................................................15 REFERENCES..............................................................................................................................16
INTRODUCTION The usage of technology by educationalinstitution has changed the pattern of teaching. Implementation of technology has also built many opportunities for learning and gaining education. It has been identified that both tutor and students has gained several advantages .Some benefits are teachers have learnedthe way to integrated and use technology for teaching students. Learners are also taking more interest in learning activities which is beneficial for their personal and professional development. TASK 1 Background of the study Education technology is refers to as all the reliable as well as applied educational science like use of equipment as well as processes which are originated from the scientific research . Theutilisation of technologyineducational fieldhas eliminated educationalboundaries forboth students and tutors who can now work in real time by utilising advanced educational technologies. Advancement has technology has provided student an opportunity to gain the advantage from distance learning>use of digital and social media has also provided tutors a chance to reach wide number of students and provide them guidance or education. By utilising the technology that is internet students can get the all types of information which is helpful in increasing their knowledge and skills. It has been identified from the given case study that project manager in Roehampton university required to bring improvement in classroom and teaching pattern. As this will help educational institution in providing quality education to student. The new hardware , software and other technological equipment can be implemented at workplace, as this activity will help in bring positive change in educational system.Implementation of technology within in an education will help management team in increasing working efficiency and reducing the cost associated with conducting several activities (Voogt, Knezek and Resta, 2017) PID Project Charter Project TitleThe title of the project is to “transfer the headquarters of PM Solutions
along with all activities and resources”. Project DescriptionPM Solutions wants to shift their project from UK to any other destination along with closing all existing headquarters, relocating and retaining all employees, relocation of accounts and finance,developmentandresearchlaboratoriesandoperational activities such as customer services. Project ManagerAndrew SimonDate Approval08/03/18 Project SponsorProject ManagerSignature Business CaseExpected Goals ThePMSolutionswantstoconsolidate operationsandrelocatetheirheadquarters located in UK. This will include closing all existing headquarters, relocating and retaining allemployees,relocationofaccountsand finance, development and research laboratories andoperationalactivitiessuchascustomer services. The project manager perspective will be clear such as outlining the activities in order to manage the new initiatives successfully and ensure this will be done under the budget and on time effectively. The project of PM Solutions will be transfer to any other place along with all operational activities. All the activities and operations cost should be save and also create improved opportunities towards customer services and scientific collaboration. Controlling, monitoring and evaluation of project activities in order to avoid future uncertainties in the project. Project plan should be made in order to providehelpforaccomplishingthe objectivesandgoalsoftheproject effectively. Team MembersMilestones NameRoleKey Milestones Start DateEnd Date
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
GeorgeProject SupervisorStarting project 01/04/1815/04/18 Stuart broad, Leon messi, Christiano Ronaldo, Joe Root Services EngineersBusiness Requirement 016/04/1818/04/18 Carlos Breath wet and James Taylor Information and Technology Expert Design19/04/1826/04/18 James AndersonThe ArchitectDevelopment26/03/1808/05/18 Moin Ali and Simon Bell Financial AdvisorTesting09/03/1825/05/18 Deployment26/05/18 Budget analysis TasksBudget (£) in millions% Change Starting of the Project1.48.16 Resource assemblage and preparation of budget 220.66 Designing of system3.430.16 Creating or installing a systems 1.518.16 Testing of System2.411.5 Closing and Transfer17.34
Total Budget of Project13 millions Time scale Undertaking NameDurationStartFinishPredecessors Induction17days03/04/1804/04/18 Evolution of project charter9 days04/04/1809/04/18 determination of resource required5 days04/09/1814/04/181 Establishing aims and objectives4 daysFri 4/20/18Thu 3/25/181 Formulating plans7 daysFri 4/26/1803/05/18 scope of the project6 days04/05/1812/05/182,1 Collection of information or data2 days15/04/1817/05/183 Work break down structure4 daysWed 4/4/1805/05/18 Preparation of budget1 day18/05/1819/05/183 executing22 days19/05/1805/06/18 Quality assurance6 days05/06/1811/06/184 review form for quality check6 days11/09/1817/06/185 transferable register15 days17/06/1805/07/184,5,6 risk management1 days06/07/1808/07/187 Management of cost1 days08/07/1809/07/188 risk register1 day09/07/1810/07/188 Monitoring and controlling12 daysWed 10/18/1822/07/18 Integration change control1 days23/07/1824/07/189 Controlling and monitoring the project1 day25/07/1826/07/1810 Research Project specifications There has been several tools as well as techniques have been used in order to prepare research specifications that will help project manager and management team inRoehampton
university to recognise the are where technology can be employment in order to get desired outcome. With this aspect, scholar is required to observe or analyse data and information which will help in evaluating the effect of technology when implement in teaching or education field. In the current investigation, data or information has been collected from primary and secondary sources . Thequalitativeinformationhasbeengatheredbyinterviewingthestaffmembersin Roehampton university. Design of the research :Design adopted for conducting the investigation is associated with the planning as well asintegrating performance of educational institution. Descriptive, explanatory m, exploratory etc. are some research design which can be utilised by scholar for conducting the ininvestigation.Inpresentresearch,scholarwillusedescriptiveresearchdesignfor accomplishing projects aims as well as objectives. Research philosophy:This assists investigator inmake appropriate judgement and suitable decision. Interpretiveand positivism are the two types of philosophises which can be used by the investigator for conducting the research. As the implementation of the technology in educational and teaching field expected top produce positive result, therefore scholar will use interpretive philosophy. Investigation approach:Deductive as well as inductive are the two main types of research approach. In current investigation , investigator will use inductive approach in order to achieve the relevant results at workplace. Sampling :In present research, scholar will use the random sampling method , as there are the largepopulationoftheteacherintheuniversity,sosomesampleparticipantswillbe selected .The 20 participant who is teaching different subjects in a university has been selected as a participant through random sampling method. Researchstrategy:qualitativeandquantitativearetworesearchstrategies.Inpresent investigation scholar will use qualitative research techniques that will help them help in developing effective results (Englund, Olofsson and Price, 2017) Project management plan Cost ;These are the important part ofresearch which is determined before starting of the investigation. As the lack of finance or funds can create barriers in the completion of the project in successful manner. Limitation of the budget can also have direct as well as significant
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
influence on the outcome. The budget for research activities should includes detail explantation about the various expenses such asstationery, travelling cost, printing , internet etc. Scope of investigation:The study of technology is a wide concept and very big scope. By developing the understanding about the use , significance of technology , manager or leader in university can bring as well as drastic improvement in quality of education and teaching pattern. Time:itis the important factor in research activities which is required to be managed in proper manner. Investigator might have to face difficulties inconducting research in depthdue to the limited time duration. In order to manage the time for investigation and conduct each activity in fixed time period, researcher has used workGantt chartand work breakdown structureby which each actduring the researchcan be executed in systematic waywithin specific time span. Resources:These are very much essential for conducting the investigation in systematic manner. There are several types of resources which are required by scholar for executing the research in smooth way such as finance, technology , human resource and other equipment as well as tools. Ethicalconsiderations:Scholarhasnotforcedparticipanttoprovideinformation.The information present in the report has not been copied from the other sources.Before starting the interview participant has been informed about the purpose of the research. Risk :-The project management plan of Roehampton university involves the risk management in the business. For this themanagement team in institutionrequired to adopt suitable plans or appropriate strategiesin order to reduce the chancesrisk about safety of its employees as well as students within in an educational setting (Leu,Kinzer and Henry, 2017) Shareholder analysis Students-They are important as the implementation of technology is planned to provide benefits of students or learners. These are the important stakeholders as they help educational institution in generation of revenue and increasing profitability. The decision related to the implementation of technology is based on the learning needs . Workers or Employees– Those who execute various activities in an enterprise and support educational institution in expansion of business and also assist manager or leader in bringing positive change at workplace. These stakeholders have significant role to play in formulation as well as implementation of plans.
Suppliers-These people provide or delivers raw material that are required for producing finished goods. Suppliers allow organisation to deliver good quality of products top client. Investors-Thesearethepeoplewho providesresourcesaswellasfundstoeducational institutions for developing tor improving the educational or teaching system (Miletzki and Broten, 2017) TASK 2 2. Risk assessment The purpose of the risk management plan is to ensure the successful completion of project and eliminates very barriers in the research. Risk assessment assists in reducing the chances of uncertainness. Scholar has executed an analysis of risk which are related to execution ofactivities during the researchwhich have negative effect on the accomplishment of desired results. One of the risk associated with the conducting the research is related to information provided by the participants about the use , significance and impact of technology on educational as well as teaching activities. As the incomplete or unreliable information can have negative effect on the outcome as well as decision taken by manager or leader.The challenge in estimating a policy's effect is generally establishing a valid counterfactual. Type of riskCausesor consequen ces of risk Previous controlling techniqueor system Effecti veness of previo us risk control ling metho d Chance sof occurre nceof uncertai nties Level of risk Strategiesor plan of action Learningofstudent. Explanation:Riskis associatedonthat educationinstitution ormanagementteam Reason forthe occurrenc eofrisk are: Strategic management plan developed by manageror Needs major improv ement Possibl e HighIt is required by management teamin universitiesto formulate
inRoehampton universitywillnot makeimprovement in studentoutcomesin context of literacy and numeracy. Employees inthe universitie sarenot provided withthe opportuniti esfor profession al developme nt. Lackof financial resources. Unrealistic targets Untrained employees Conseque nces failureto accomplish objectives. Low employees aswellas student morale. leaderin university. Focuson Reviewing and standardisi ng educationa l practices strategiesfor students . Teachershould alsoneededto establish realistictargets whichare requiredtobe accomplishby anindividual student within a particulartime frame. Training to staff members (Kerznerand Kerzner, 2017) Student transitions and path Causes: Lackof SupportofNeeds some MajorHighlyRequirementof
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
ways.Explanation: Theremightbe chancesthat managementteamin educational institution may not improve the transitionsinto, throughandoutof school. staff involveme ntinthe procedure. Lackof effective leadership. Conseque nces; Student fail to give desired results. trustees .improv ement possible.final plans. Continued development, implementation andevaluation ofvseveral eventsina University. Involvementof student:Explanation thereisthreatthat studentfailsto improvetheir connectednessto university or teacher. Failureto involves student's in curriculum andother activities by university. Consequen ces; Adverse effecton the reputation ofan organisatio Regular management andstaff meeting. Chang e require d BigHigh possibili ty Strategiesfor improving communication .
n. Smalluniversity. Explanation;People perceivesthatsmall universitiesdoesnot havepotentialto deliverstudents education choices that meettheirlearning needs, aspirations and interest. Causes : low potential ofan institution to attract , retain highly talented and skilled tutors. Outcomes Failure to achieve improve d learning outcom es Requiredof strategiesor plansfor providing suitable response. Requir ed improv ement majormoderat e Development aswellas implementati on engagement planwith local community. Financial performanceIneffective calculatio nof budget. Inaccurat e determina tion Overviews swellas monitorby manageror supervisor Need big change Importa nt HighFinancial review strategy Impleme ntation of accounti ng
system( Harrison and Lock, 2017) TASK 3 3. Project Plan During the investigation , it is important for scholar to execute several activities at the specified time duration. As the delay in single task has direct as well as significant impact on the completion time of overall project. Time is the factor which might also have the great influence on the quality of work or investigation. Plans and procedures provide the guidelines according to which all the task are to be performed ion order to achieve desired outcome. Gantt chart This structure supports manager or leader inrecognising the activities which are crucial .Gantt chart also supports management team in monitoring as well as controlling the activities. It also represents the start time and finish time for every single task.
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
TASK 4 4.a) Significance of quality risk management plan and its impact on project Quality risk management plans assists management team in managing or improving the quality of services or products. In context of educational institutions, quality risk management plans assist teacher in delivering the suitable guidance or education to students. It also allows tutor or manager in an organisation to identify the potential factors which has direct as well as significantinfluenceonthequalityofeducation.Riskmanagementplanalsosupports management team in formulating the appropriate strategies for reducing the impact of external or internal factors on the quality of teaching and learning. It also enables managers or leaders in identifying the area of improvement and analysing the way to bring improvement. Risk management plans also supports team in ensuring the successful completion of the project and producing of desired outcome. Effective risk management plan is also essential to develop risk management plan in order to accomplish desired objectives. It also assists manager in providing the appropriate responses for several issues (Libby, Buhl and Turner,2017)
4 b) An analysis and critique of the potential relevance of PRINCE2 as a methodology for this project The major reason for the failure of prince 2 project is lack of knowledge about the research activities. It has been analysed that the another reason for the failure of particular project is limited time, insufficient resources and strict budget. It is required by the project manager or scholar to determiner the needs of resourceswhich are required to conduct investigation in systematic manner. Other significant reason for the failure of project is lack of training , experience by project manager , employees unaware about the object of specific task, Inadequate risk management , inappropriate decision or judgement etc.It is essential for the project manager after developing the project plan , communicate objectives to all those people who are involved in specific task. Each and every workers should be aware about the objective of research , their roles as well as responsibilities in accomplishment of desired outcome. Lack of effective communication is another important factor which can lead to project failure .It is required by project manager to ensure effective well as continues flow of accurate and reliable information among team members (Kerzner and Kerzner, 2017) CONCLUSION It has been concluded from the report thatsuccess factor of the project is depended on several variables including the involvement of staff members in an organisation. Project has also concluded that , if technology is implemented at right place, it can bring positive as well as drastic improvement in learning pattern and also in educational system. Study has successfully demonstrated the importance of risk assessment procedure. It has been concluded from the assignment that risk assessment process helps in avoiding project failure.
REFERENCES Books and Journal: Voogt, J., Knezek, G., and Resta, P., 2017, March. The International Handbook of Information Technology in Primary and Secondary Education: Part 2. InSociety for Information Technology & Teacher Education International Conference(pp. 1082-1085). Association for the Advancement of Computing in Education (AACE). Englund, C., Olofsson, A.D. and Price, L., 2017. Teaching with technology in higher education: understanding conceptual change and development in practice.HigherEducation Research & Development. 36(1). pp.73-87. Leu, D.J., Kinzer, C.K., and Henry, L.A., 2017. New literacies: A dual-leveltheory of the changing nature of literacy, instruction, and assessment.Journal ofEducation. 197(2). pp.1-18. Miletzki, J. and Broten, N., 2017.Development as freedom. Macat Library. Kerzner, H. and Kerzner, H.R., 2017.Project management: a systems approach to planning, scheduling, and controlling. John Wiley & Sons. Harrison, F. and Lock, D., 2017.Advanced project management: a structured approach. Routledge. Libby, P.S., Buhl, R.,and Turner, J.T., 2017.Quality Assurance Project Plan (QAPP) for Water Column Monitoring 2017-2019:Tasks 4, 5, 6, 7, 10: MWRA Harbor and Outfall Monitoring Project. MassachusettsWaterResourcesAuthority,EnvironmentalQuality Department. Kerzner, H. and Kerzner, H.R., 2017.Project management: a systems approach to planning, scheduling, and controlling. John Wiley & Sons.