logo

Project Management Assignment : ABC PLC company

   

Added on  2020-01-28

13 Pages3975 Words65 Views
Managing Projects

Table of ContentsINTRODUCTION...........................................................................................................................3TASK 1 ...........................................................................................................................................31. Key characteristics of project..................................................................................................32. Scope statement for project and role of WBS.........................................................................43. Project Gantt chart and identify critical path..........................................................................54. Approaches to generate a beget...............................................................................................65. How project risk arise and various responses of risk..............................................................76. Quality methods......................................................................................................................7TASK 2 ...........................................................................................................................................81. Activities for project management, skills and competencies of project manager and projectmanagement process...................................................................................................................8CONCLUSION..............................................................................................................................12REFERENCES..............................................................................................................................13

INTRODUCTIONIn the modern time, managing projects are necessary for all over the world. The ABCPLC company is the retail company of food and drinks and well established in the UK. The ABChas various food and drinks manufacturers and retailers for the UK brands (Cusworth andFranks, 2010). Present report shows the relevant information of managing projects like, differentcharacteristics of the project and what is scope statement for any kind of project. What is the roleof WBS in the scope statement and how put out the project Gantt chart and evaluate the criticalpath. It also include the approaches for generating the budget for particular project budget andhow arise the project risk and different responses to risk within project management. Presentreport also contain the relevant information like, what are the project management process andits concern, project life cycle stages, leadership and administration and control problems withmanaging the life cycle. TASK 1 1. Key characteristics of projectThere are some key characteristics of the project. It includes, specific, measurable,achievable, relevant and time bounded. They all are as follows:Specific: The project should be specific and clear defined. The goals, structure, costs,benefits and milestones of the project should be specific. It is helpful for defining thestructure of the specific project. The effective planning of the projects includes, Ganttchart, command structure, personnel list and cost of the project. For example, MBA canbe specific. Measurable: the project should be measurable because the measurable project define thebenefits and achievements of the projects. It is in case of the benefits as well as tangibleand intangible benefits (Brown and Hyer, 2010). So, the project should be measurable forthe project manager. Achievable: The project should achievable for the project manager because with the helpof the achievable project the project manager can identify the cost of project. Forexample: MBA is achievable project.

Relevant: The company project should also relevant and realistic in the nature. Therealistic or relevant project can minimise the cost of production and can increase theefficiency of the operations (Pryke and Smyth, 2012). Time bounded: The project must be time bounded like, MBA is the time boundedproject. According to the planning, development and execution, the project should timebound for achieving the project. 2. Scope statement for project and role of WBSThere are some steps in which it identify the scope of the project. The steps are asfollows:Project objectives: The scope of the project must have the effective objectives which istaken by the organisational project manager because the objectives of the project identifythe need of the project in the organisational place. Goals: The purpose and goals of the project scope should be effective and achievablebecause the effective goals of the project can generate the effective projects and servicesfor the company selling. Tasks: Task is also a scope of the project. Every organisation divide their project in thedifferent task for the different levels and to the different people who are working for theproject. So, it the main scope of the projects. Resources: The resources also define the scope of the project. Without the resources theproject cannot be completed. So, the resources is one of the scope of the companyproject. Budget: Budget is important part for preparing the effective budget. Firstly, the projectmanager should be prepare the effective and appropriate budget for calculating theexpenses of the projects. So, it is important for ABC company for preparing the effectivebudget (Winch, 2010). Role of Work Breakdown StructureTo increase the communication.It build the creativity.Focus on the end-goals.Possible problems prevention.To manage the risk of project.

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Characteristics of a project 3 2). Scope statement of a project and its importance
|20
|4932
|112

Risk in Project Management - Report
|18
|4117
|30

Managing Projects Report
|14
|4147
|30

Project Management Assignment Solution - ABC limited
|16
|4163
|360

Role of Work Breakdown Structure - Doc
|17
|4389
|17

Business Law Assignment | ABC Plc
|15
|4242
|187