Project Management Report on Network Critical Solution Project

This report provides a comprehensive overview of project management principles, methodologies, and their practical application within the context of Network Critical Solution. It begins by defining projects, their characteristics, and the role of a project manager. The report then justifies the application of theoretical frameworks and methodologies, with a focus on Critical Chain Project Management (CCPM). It evaluates team composition and management, discussing the advantages and disadvantages of team-based approaches. A project management plan is outlined, including scope, cost, quality, communication, risk, and resource management. Finally, the report explores measures to control and monitor project risk, quality, change, and configuration, and evaluates project success and failure, emphasizing key learning points. The analysis provides insights into effective project execution and management strategies for achieving desired outcomes.

Project Management

Table of Contents
INTRODUCTION...........................................................................................................................3
1. Project, it's characteristics and role of project manager...............................................................3
2. Justification of application of the theoretical frameworks and methodologies within a project
environment.....................................................................................................................................5
3. Evaluation of composition and management of teams in a project environment........................6
4. Project Management Plan............................................................................................................7
5. Measures to control and monitor project risk, quality, change and configuration......................8
6. Evaluation of project success and failure and dissemination of the key learning points from the
delivery of the project....................................................................................................................10
CONCLUSION..............................................................................................................................11
REFERENCES..............................................................................................................................13

INTRODUCTION
Project Management is the art of managing project with the tools of knowledge, skills
and techniques to meet the project requirement (Project Management. 2018). It is the art of
managing the project so that it can be completed within time. To understand the project
philosophies the small organization taken here is Network Critical Solution. This is a small
company which deals in providing network solutions to clients in Europe, Asia, South America
etc. It was established in 1997 and having it's headquarter in Reading, UK. In this report,
characteristics and role of project manager, applications of theoretical frameworks and
methodologies are discussed. Evaluation of composition and management of teams and
formulation of a project management plan is also discussed. In the end, measures to control and
monitor project risk, quality, change and configuration and evaluation of success and failure of
project is explained in this report.
1. Project, it's characteristics and role of project manager.
Project is an individual or collaborative assignment which is done in specific time to
achieve an objective. Project has it's starting time and deadline by which it can provide effective
results. A project should be progressively elaborated in which it progresses in steps and reach to
the outcome accordingly (Conforto, 2015). At each step the definition of project is changed
according to the changing needs of result. A project has it's life cycle in which project manager
divides the project into phases for control and tracking purposes. In the context of Network
Critical Solution, the main aim of preparing the project is to plan an event to launch the annual
report to stakeholders of company with the help of software.
There are few characteristics of project which are as follows:
Projects have a purpose:
Projects have clear intention of what is going to be implement. The purpose of project is
to solve a problem. In case of network critical solution company is preparing an event by which
it will let stakeholders know about the annual report of company.
Projects are unique:
All projects aims at providing new idea by which they provide specific response to the
problems. Network critical solution is also preparing a report by software which is unique in
nature.

Projects are made of stages:
Any type of project prepared have stages so that the outcome of project will be efficient
enough to meet the project requirement. Various phases are used in project to launch an event of
annual report.
Projects are limited in time and space:
All projects should have specific time in which it should be prepared. Without having
specific time, the value of project will not remain worth (Eskerod, 2016). They are also
implemented in a specific place or context.
Role of project manager
There are many roles and responsibility of a project manager some of them are as
follows:
Planning and defining scope:
The first step of project manager before starting it is planning and defining scope of
project. The project which is going to be made should have it's scope and existence in future. In
the context of network critical solution, before starting the project, manager focuses on defining
it's scope of existence in future so that it can worth to company.
Resource Planning:
It is an important task for a project manager in which it plans for the resources required
for preparing the project. In the context of network critical solution, project manager is looking
for the resources such as system and efficient and skilled workers to program the event.
Cost and time estimation:
Before starting the project, it's cost and time should be cleared in the minds of each
worker and manager. It is an important task for manager to estimate the cost and duration of
project so that it can be implemented effectively (Huemann, 2017).
Risk Analysis:
There is also chances of risk in implementing the project. Risks can be of any type such
as cost, time, human resource etc. The project manager has the responsibility of analysing those
risks so that they can be handled without costing too much.

2. Justification of application of the theoretical frameworks and
methodologies within a project environment.
To be as a project manager, the most important task is to choose the project management
methodology which best fits the project. The right project management methodology chosen
have impact on the individual and team work. There are various project management
methodologies which have their advantages and disadvantages, some are fast and some are
comprehensive. The selection of methodology depends on the team, project type and project
scope. Different types of methodologies used are:
Waterfall:
It is the oldest methodology used in project management (Ringhofer, 2016). This type of
model is widely used in software development. This model is effective where there is specific
task. Once the project has started there will be no chance to change the requirements. This model
is divided into different stages each stage should be wrap first before going on other stage.
Agile:
It is also a software development focused methodology. It is created to overcome the
drawbacks of managing complex projects of Waterfall methodology. This method is just
opposite to Waterfall method. It is a fast and flexible approach in which no requirement of heavy
resources is needed. This method is used when there is no fix idea of project but having a brief
introduction about the product.
Critical Chain Project Management(CCPM):
It is one of the the newest project management methodology used in projects. In this
methodology, project is managed through end goal and then past experiences are used to map out
the tasks needed to complete the project (Fleming, 2016). CCPM emphasises on resource
utilization and minimizing the cost. This is resource centric strategy in which proper utilization
of resources is must.
From the above methods of project management, CCPM is best fits for Network critical
solution to represent the annual report to stakeholders because this strategy is best fits where
resources are engaged in single project. This project helps better while having greater team to
work. The resources which are required to complete the project are human resource and
computer systems which are required to resent the annual report. Therefore due to effective
resource planning this methodology best suits for Network Critical Solution.

Theoretical framework helps the network critical solution in finding the problems in
managing the project. There could be any type of problem exist in managing project such as
time, cost and resources. These problems can be identified with the help of theoretical
framework. The issues arises in the project management such as time, cost and resources can be
overcome by different research methodology used above.
3. Evaluation of composition and management of teams in a project
environment.
Composition and management of teams in an organization is required for every project in
an organization. In the context of network critical solution, the project on annual report to
stakeholders composition of employees is must (Koppelman, 2016). This is essential because
with the help of collaboration among individuals the project assigned can reach up to the mark.
Apart from the collaboration among employees, there management is also must. Managing the
human resource according to the tasks assigned is necessary for the success of every project.
Therefore management of employees in a team is necessary. The advantages and disadvantages
of composition and management of teams in a project environment is as follows:
Advantages:
Better Solution:
The main reason behind collaboration of employees in a team is that it derives better
quality in individual works. This will help the Network Conflict Solution in providing better
annual report to its stakeholders. Since employees are of different perspectives and backgrounds
therefore there is lot of chances of increasing the conflict. Therefore, a team should be composite
and managed well enough so that it can provide better solution to project.
Better Production:
Collaboration and management of workers within team helps the company in producing
more results (Harrison, 2018). Members of teams makes each other accountable to their work
and hence increases their productivity. By creating own goal with goal of organization one can
put paddle to accelerate the better solution to the organization.
Disadvantages:
Too many faux leaders:
If collaboration and management of individuals within teams is not working properly
than the conflict-ion among the workers will increase. Each and every employee will try to be a

leader to influence others. This will be dangerous for the Network Critical Solution to plan a
project's success because the efficiency of each worker will decrease and hence decrease over all
performance of company also.
Conflicts in Working style:
When different people work together to perform a specific task, there will be chances of
conflict among the workers and thus affects there working style. The nature of working of an
employee should be correct and accurate. This feature helps the company in producing fair and
good outputs. In the network critical solution, the employees of company should work together
so that they can represent the annual report to their stakeholders.
4. Project Management Plan
Following are the steps to formulate the project management plan:
Project Scope:
The project scope of network critical solution is it's stakeholders and shareholders to
which it is dependent (Lock, 2016). Both these provide funds to the company to survive itself in
competitive market. Project sponsor, project manager and project team are the scope of the
project which is used in Network critical solution.
Cost:
In project management plan, cost plays an important role in developing the project. The
cost of project should be analysed before starting the project so that funds for the development of
project can be arranged. In network critical solution, the cost of project should be defined
already.
Quality:
Quality defined as the resources used in the project to develop it are of which quality.
There is straight connection of resources to the quality of project. If resources utilized are not of
good quality then the output of these resources will also not meet the requirement. In the context
of network critical solution, the human resources and computer systems used to prepare a report
should be of good quality (Heagney, 2016).
Communication:
The project manager should communicate with its followers and seniors so that proper
communication helps them in running the project smoothly. In case of network critical solution,

project manager has to communicate with employees who are engaging in preparing the annual
report to stakeholders. This will help the company in increasing accuracy in work.
Risk:
Another task of project manager is to analyse the risk associated with the projects. The
risks could be shortage of funds, timings and human resources etc. This will help network critical
solution in preparing themselves in advances so that in case of shortage the funds and other
problems can be calculated easily.
Resources:
Resources are the asset which are used to develop the project. In the context of network
critical solution, the resources can be human resources, funds etc (Jalal, 2016). These resources
should be available according to desire so that deficiency of these resources should not hinder
the project. The management of these resources is also necessary because to utilize these as per
the requirement.
5. Measures to control and monitor project risk, quality, change and
configuration.
Following are the measures to control and monitor risk, quality, change and configuration:
Risk:
It is the basic factor in project development. Risk can be of any type such as funds,
human resources or any type of resources. To control and monitor the risk project manager has to
apply the following techniques.
Risk Identification:
This is the main task of controlling and measuring the risk. In this section which type of
risk and what type of risk is answered. The identification of risk is necessary to measure and
control it.
Risk Prevention:
Risk prevention is next step to measure and control the risk (Koosha, 2016). In this step
the project manager should try to prevent the project from being available to risk. It can be done
through availing of the resources within time. Preventing the project from risk makes it easier for
completing without any problem.
Risk management:

Risk is not necessary to come but in case it arises than it has to be manage accordingly. In
case of network critical solution, the project manager should manage the risk so that it will not
damage the overall structure of project. It should be managed enough so that chances of
succession of project will increase.
Risk Monitoring:
This is the last step of measuring and controlling the risk. In this section, project manager
monitors the risk so that it can be removed from the project as soon as possible. This will help
the company in providing the proper annual report to its stakeholders.
Quality
The quality of resources which are used in the development of projects should be good
enough so that it will not effect the desires of project. There are few techniques through which
project quality can be measured and controlled:
Quality planning:
Quality planning includes the good quality used in the development of project (Kerzner,
2016). How the quality of the resources can be used and improved is measured in this section.
This will help network critical solution to use better quality every time.
Perform Quality Assurance:
Quality assurance is the task of continuously improving the quality of products and
services used in the development of project. In case of network critical solution, company has to
improve it's quality of human resources so that it will help it in preparing good quality of project.
Quality Control:
This is the last step of project quality management. Quality control is dealing with project
matrix, planning phase and to ensure that those matrices are monitoring at satisfactory level. In
the context of network critical solution, the quality of resources are controlled by using
qualitative approach.
Change
Changes are the like conflict in the progress of project (Lee, 2016). If a project is running
successfully then changes can create hindrance in this succession. To overcome change's affect
the Kurt-Lewis theory is explained. This theory mainly deals in three steps:
Unfreezing

In this process the company has to unfreeze the challenges of accepting the change. This
will make the company in adopting those changes easily.
Changing:
It is the step where the implementation of changes is done. In the context of network
critical solution, the project manager should be able to implement the changes.
Refreezing:
It is just opposite to the first step, in which the company will freeze the challenges
occurred due to changes.
Configuration:
It is the component which is used to reduce the chances of upcoming risks. This method
is used by the project manager to save the project from upcoming threats of risk. In case of
network critical solution, the company uses this approach to minimize the risk factor.
6. Evaluation of project success and failure and dissemination of the key
learning points from the delivery of the project.
Following are the ways to measure the project success and failure:
Schedule:
It is a method of analysing whether the project has finished within time or not (Reinicke,
2016). If the project finishes in time it is successful and if it is not submitted within time than it
fails in achieving its target. In case of network critical solution, the schedule of project should be
updated regularly. This updation is done at the end of every stage so that new schedule has been
made to complete the small tasks. The time allotted to complete the project is accurate and the
project has been submitted within time. Therefore it can be said that the project got successful.
Quality:
It is also an important factor through which success and failure of project can be
undertaken. The quality of project submitted should meet the requirement set previous. In case of
network critical security, quality of resources is good enough so that the project meets its
requirements. The main aim of project was to publish a report on annual finance to stakeholders.
Therefore quality of the report should meet the desires of the project.
Cost:
Cost of project has decided first (Sarkar, 2017). The estimated cost of project can vary
but the variance should be in a limit so that the value of cost will not vary. This facility helps the

company in finding the problems of varying the cost. The variance should be checked sop that
estimate of current and previous cost can be made to check whether the project is going on it's
way. In case of network critical solution, the cost of project was managed in not vary so much
and hence the project is said to be successful.
Stakeholder satisfaction:
It is also an important aspect of successful checking of project. The satisfaction of
stakeholders is necessary because the main resource as funds comes through them. To motivate
them to invest more in the firm they should be satisfied well enough. In the context of network
critical solution, the stakeholders are satisfied with the performance of teams and individuals and
hence the project is said successful from them.
Performance to business case:
The performance of the project should be measured whether its is moving on to the
desires or not. The performance of the project is checked on the business case (Machado, 2016).
In case of network critical solution, the target of preparing the project is achieved and the
stakeholders are also satisfied with the performance of teams and company.
From the above report it can be said that project manager is capable of improving so
many skills from the succession of this project. The succession of the project facilitate two types
of skills which have affected are:
Communication Skills:
It is the duty of project manager to communicate with it's followers and seniors (Pinheiro,
2016). The project manager plays a role of bridge among the employees and authorities.
Therefore communication skills of project manager increases with the succession of project.
Time management skill:
Since the successful completion of project said that it has been completed within time.
Therefore ability of managing the time efficiently is also increased of project manager. This will
help it in future to manage the things smoothly and be punctual of time.
CONCLUSION
In this report, it can be concluded that to be successfully implement the project there are
some aspect which are cost, time, risk etc. With the help of these factors, a project manager can
guarantee the success of the project. In this report, characteristics and the role of project manager
and applications of theoretical framework and methodologies are discussed. Apart from that

composition and management of teams in a project environment is discussed along with a project
management plan. In the end, measures to control and monitor the risk, quality, change and
configuration and evaluation of success of project is done. Different skills that have improved in
the successful implementation of project by project manager are stated.

REFERENCES
Books and journals
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Eskerod, P., Huemann, M. and Ringhofer, C., 2015. Stakeholder inclusiveness: Enriching project
management with general stakeholder theory. Project Management Journal. 46(6).
pp.42-53.
Fleming, Q. W. and Koppelman, J. M., 2016, December. Earned value project management.
Project Management Institute.
Harrison, F. and Lock, D., 2017. Advanced project management: a structured approach.
Routledge.
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supervision influence project impact?. International Journal of Project
Management. 33(5). pp.1111-1123.
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management office characteristics and analyzing their correlations in the Iranian
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decision analysis approaches: a case study for the selection of the best SCRUM
practices. International Transactions in Operational Research. 22(2). pp.287-312.
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trends and future opportunities. International Journal of Project Management. 34(7).
pp.1305-1321.
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Walker, A., 2015. Project management in construction. John Wiley & Sons.
Zheng, X., Le, Y., Chan, A. P., Hu, Y. and Li, Y., 2016. Review of the application of social
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Online
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