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Undertake project work Assignment

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Added on  2020-10-22

Undertake project work Assignment

   Added on 2020-10-22

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UNDERTAKING PROJECTWORK
Undertake project work Assignment_1
TABLE OF CONTENTSTASK 1............................................................................................................................................21 Importance of gathering requirements in project management................................................21.2 People involved or affected through project activities..........................................................21.3 Who could be project sponsor?.............................................................................................21.4 Benefits of Quality Assurance over Quality control?...........................................................25. Describing techniques could be applied to compress project schedule along with effect onproject cost/time/quality..............................................................................................................36. Project control change process is in need of two approval points..........................................37. Difference between risk contingency and residual risk..........................................................38. Calculating project's actual cost after 7 months......................................................................3TASK 2............................................................................................................................................4TASK 3............................................................................................................................................4A. Collecting 5 key deliverables with project scope...................................................................4B..................................................................................................................................................6TASK 4: Communication plan........................................................................................................6A. Identifying 4 internal and external stakeholders of this project ............................................6B. Developing project Communication plan...............................................................................7C. Discussing project plan along with WBS and project charter................................................7TASK 5............................................................................................................................................8A. Identifying five project risk and populating risk register.......................................................8B. Risk matrix for risk rating......................................................................................................9C. Risk assessment for five identified risk..................................................................................9TASK 6: Project quality ................................................................................................................10TASK 7: Project Schedule.............................................................................................................10TASK 8..........................................................................................................................................10TASK 9: Change Request..............................................................................................................10TASK 10........................................................................................................................................11REFERENCES..............................................................................................................................13
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TASK 11 Importance of gathering requirements in project managementGathering requirement for project is very vital as it helps for defining project scopeduring scope management. There is presence of set of tools and technique for gathering projectrequirements as seems very practical for collecting each requirement to imply application ofgathering tool. In the similar aspect, it ensures project deliverable as project stakeholders alter onfrequent basis (Nonino and et.al., 2018). At the end, Project manager is highly liable for successof project. It saves project manager and team through listening and understanding business ofstakeholder along with problems they are required to solve. It helps in elaborating process ofrequirement and tracking its originator and tied to performance commitments1.2 People involved or affected through project activitiesa.Project mangersb.Project stakeholdersc.project steering committeed.organisational employees1.3 Who could be project sponsor?a.a company financially supporting then projectb.a group of company stakeholdersc.a key stakeholder who is responsible for reporting on the outcomes of the projectd.a key stakeholder who has developed the idea for the project and is responsibleto make funds available for the project1.4 Benefits of Quality Assurance over Quality control?Quality assurance monitors operations of production and helps for improving process ofmanufacturing and prevents defects in finished product. In this aspect, quality assurancechecklists and audits are implemented, issues related to production is spotted and solved onfrequent basis which had resulted in efficient and seamless process of manufacturing along withfewer defects in finished product (Quality Assurance vs. Quality Control, 2019). On the contrary,
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quality control ensures product to accomplish standards of company and government prior toentering the market.5. Describing techniques could be applied to compress project schedule along with effect onproject cost/time/qualityThere are two methods for compressing project schedule which are crashing and fast-tracking. The detailed description is stated below:Crashing engages inclusion of resources for specific project activity which could be doneso that project could be completed quickly and seamless but this method tends to be highlyexpensive (Sandhu, Al Ameri and Wikström, 2019).Fast-tracking: It engages alteration in string of activities so some could be performed onsimultaneous basis whereas risk engaged as it avoids discretionary dependencies along withperformance of additional activities as it does not raise project's cost.6. Project control change process is in need of two approval pointsChange control is very important part of process of project management as it is almostcertain that projects would face demand for alteration during their life. This alteration might helpto ensure about alignment of project with needs of business as it is significant for consideringand approving change carefully (Stettina and et.al., 2018). This process will ensure every changeproposed during project which is adequately reviewed, approved and defined prior toimplementation. In addition to this, it helps to avoid unnecessary alteration that may disruptservices and ensure efficient application of services.7. Difference between risk contingency and residual riskResidual risk remains after carrying out response of risk which is accepted with absenceof other risk responseRisk contingency is used for managing both secondary or primary risk (Schipper andSilvius, 2018).Secondary risk arises as direct outcome to implement risk responses whereas residualrisks are expected for remaining after planned response of risk undertaken.8. Calculating project's actual cost after 7 monthsActual cost: 270000
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