Challenges in Project Execution

Project management

INTRODUCTION.........................................................................................................................3
MAIN BODY..................................................................................................................................3
Project management plan.............................................................................................................3
Stakeholders concern...................................................................................................................3
Risk register.................................................................................................................................6
Cost benefits analysis..................................................................................................................8
Time scale....................................................................................................................................9
Project execution challenges......................................................................................................10
CONCLUSION............................................................................................................................11
REFERENCES............................................................................................................................13

INTRODUCTION
Project management is considered to be that kind of process which is being adopted in
order to do planning, execution, controlling and closing work that is being performed by team for
achieving goal and objectives within time period specified. Main objectives of project
management has to be achieved efficiently through procedure that helps in cost controlling and
managing of task by reducing complex system. Objective of this report is related to launching of
events and universities which has to be publish technological construction of building. To attract
more students and compete with rivals universities. In this report risk factor, time involved in
project and analysis of stakeholders. Also in this report project plan has to be explained with
time and cost benefitted. Analysing with association has to be covered in the end and challenges
faced in the report as project executed.
MAIN BODY
Project management plan
Project management plan includes that kind of formal documents that has to be taken into
consideration and covers various aspects that is included within the project like cost making
process of marketing possible. Such document is written within which budget, time line and
project delivery is included. It also helps in maintain accomplishment of project within time
period specified. Project that has to be discussed in this report is related to initiating of high
technology enhancement to build universities to attract more and more student. Such plan
consists of various aspects in and are been explained as follows:
Stakeholders concern
Stakeholder is being defined as the parties which is having direct impact over business and
institution. All activities of business is being carried out and in university stakeholders has an
important role to play (Padalkar and Gopinath, 2016). These are students, donors, government
and academic faculty. Analysing of stakeholders is one of the most important process that is
being designed by making involvement individuals, leaders and rivals of an organization. It is
very important to monitor interest of all stakeholders and has to manage accordingly. For QA
higher Education College stakeholders are its directors, donors, students, teachers and other
those are directly associated with the institution. The interest, relationship within different
stakeholders are explained as under:
Stake holder's name Reason stating their
Interest
Whether they are in
or against Against
What is done to
manage them
Students It exists over showing
high interest as they
are being proposed.
This helps in
In this project high
favourable to the
students which is going
to lead over high
Students of QA Higher
Education College are
benefitted from
initiation of project.

maintaining image of
university can be
created which may
lead them to acquire
high knowledge
regarding the current
topic.
development and
makes growth of
career.
Teachers Teachers that is
having high interest
and has been adopting
through innovation.
Teaching always
involve various
unique ways in which
teaching is done. This
makes burden reduce
from minds.
It is having high favour
from project under
which innovation is
being (Martens and
Carvalh., 2016)
included within process
of teaching.
They are also provided
their interest and other
benefits which are
associated with their
objective of teaching.
Principal The principal of
college is also
associated with this
event as this event is
going to attract new
students in prominent
manner and along
with this this is
helpful in retaining
the old one too.
Principal is inclined
towards favour of the
initiated project.
In order to manage
interest of principal the
merits are provided to
them which will be
presented before
initiation of the
proposed project.
Suppliers Suppliers are the
person who are
These are having high
favour in the proposed
They can be managed
in the manner that