BUS353e Project Management: Objectives, Priorities, and Analysis

This report provides an analysis of a project's objectives and priorities, focusing on the launch of a Food Test Laboratory and the incorporation of Fipronil Testing. It assesses whether the project's objectives and priorities were met, highlighting time constraints and scope changes. The report also examines changes in the project schedule due to the incorporation of Fipronil Testing and resource limitations, which led to cost overruns. Key lessons learned are identified, with suggestions for future projects, including the need for more resources, a well-structured project plan, and a scope change management plan. This document is a student contribution and is available on Desklib, a platform offering a wide range of study resources including past papers and solved assignments.

Business
Management

Objectives and Project Priorities
The Objective that was set for this project
was to launch the Food Test Laboratory on 1
July 2019
Another main objective that was set for the
project is successful incorporation of Fipronil
Testing.
Both the objectives and the priorities of the
Project were Met
The project priorities are indicated in the
matrix below-
Time Scope Cost
Constraint X
Enhance X
Accept X

Changes in Schedule
There were certain changes in the schedule
of the project.
The major contributing event for the
scheduling change in the project is
incorporation of the Fipronil Testing
Lack of the resources needed to complete a
particular task added to the changes in project
schedule.

Cost Overrun
The contributing event of the schedule
change resulted in cost overrun in the project
The change in duration of a particular activity
from 13 days to 17 days has resulted in the
increase in cost
The resource shortage can be termed as
another reason for the cost overrun.

Lesson Learnt and Suggestion
LESSON LEARNT
The major lesson learnt in the project are as
follows-
A well structured project plan is needed to be
developed in order to successfully complete a
project.
A project should involve scope of change
management
SUGGESTIONS
The suggestions for this project are as follows-
It is suggested that more resource is needed
in order to ensure that there is no change in
the duration of the project.
Development of an appropriate project plan
with scope of change management is
recommended for this project.