Network Project Management Executive Summary and Case Study Report

This report provides an executive summary and analysis of a network project, specifically focusing on a case study where a prototype machine failed to perform as expected. It explores the lessons learned from the project's failure, including the importance of proper information, resource availability, testing, and planning. The report details the financial implications of required changes, emphasizing the need for compensation and the scope of these changes. It also evaluates the project's scope, suggesting improvements in planning and the use of appropriate project management methodologies. The conclusion highlights the critical nature of project management, emphasizing the need for focus, planning, and technical understanding, along with the application of effective methodologies, blueprint development, checklists, and testing. Communication and information are also presented as key elements for a successful project, ensuring that it aligns with the target users' requirements.

NETWORK PROJECT MANAGEMENT
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EXECUTIVE SUMMARY
Project management requires that a proper set of information should be availed to an individual.
Quality is one of the aspects which is required to be taken into consideration by an individual so
as to ensure that the people available in the market could use the product on which an individual
has worked. This report will include information related with the issues which caused the
confusion and what were the reasons due to which Frank failed to deliver appropriate product to
Cocable. In this report review of a case study is done in which information related with a project
is availed. Proper descriptions of the reason behind the project failure and information related
with the possible solutions are provided in this report which will help in making effective set of
decision regarding project management.
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TABLE OF CONTENTS
EXECUTIVE SUMMARY.............................................................................................................2
INTRODUCTION...........................................................................................................................4
LESSON LEARNT FROM THE CASE.........................................................................................5
PAY TO BE MADE FOR CHANGES...........................................................................................6
ENSURING THAT THE PROJECT SCOPE WAS CORRECT....................................................7
SUMMARY AND CONCLUSION................................................................................................8
BIBLIOGRAPHY............................................................................................................................9
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INTRODUCTION
A report is developed which will help in understanding the aspects which are required to be
taken into consideration while developing a project. Drawbacks of the project of Frank will be
discussed and the ways with the help of which challenges and issues could be resolved will be
provided in this report. Information related with project management methodologies will also be
shared which will help in understanding the importance they hold in the project management
aspects. Also the report developed will ensure to provide information related with process that is
required to be followed in managing a project.
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LESSON LEARNT FROM THE CASE
The case is on project management in which Frank start up his innovative business of making a
rapid prototype1. Frank have understood that working on the technology and bringing some or
the other new technologies will help him in gaining competitive advantage and will provide an
opportunity to grow in the market. Frank decided to work on rapid prototype and with the help of
the knowledge he had he designed a prototype for Cocable Company. At the time of introduction
of his prototype machine he failed to start the same in front of the Cocable Company which was
an embarrassing moment for Frank2. Hence, with the evaluation of all the aspects it was
discovered that there were certain aspects which were required to be focused upon to manage the
project these aspects are:
It is necessary that an individual working on the project should have proper information about
the project on which he is working. Lack of appropriate information will lead to affect the
project and results in project failure3.
Availability of proper set of resources should be there. Unavailability of proper set of resources
results in failure of the project.
Testing is one of the main aspects which are required to focus upon a technical project. In The
case of Frank, he hasn’t tested his machines and presented the same directly to the Cocable
Company due to which he failed in presenting what he planned4.
Planning is another aspect which is required to be focused upon.
And last but not the least preparing a checklist and cross checking all the aspects would have
helped Frank in developing a successful prototype4.
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PAY TO BE MADE FOR CHANGES
Lack of proper information is one of the main reasons behind the failure of the project of Frank.
There were certain breaches in the information provided due to which the wrong assumptions
were made5. There were certain specifications which gone wrong and resulted in the failure of
the project of Frank. Hence, it becomes the responsibility of Cocable Company and GE to
provide compensation for the improvement of the prototype of Frank. There are certain changes
which are required to be made for which it will take $50000. Although the amount is huge for
the maintenance work but for the specs provided it is required that the processors should be
completely get replaced, actuators should also get replaced and the adhesion process should also
get replaced in the prototype made by Frank. By making these changes Frank will be able to
make a required prototype but future responsibility will rely upon Frank because company can
take the responsibility for one time only6.
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ENSURING THAT THE PROJECT SCOPE WAS CORRECT
Understanding all the aspects related with the project it could be evaluated that the scope for the
project was correct. Reason behind it is that the project which was initiated by Frank was
effective and was having a future objective. Objective of the project was to provide the prototype
of the machines which are relatively cheaper than the real machines7.
Also the project which was initiated was innovative and was developed by taking future aspects
under consideration.
It could be suggested that in the future certain aspects could have been taken into consideration
like proper planning
Developing a blue print
Setting budget
Developing work breakdown structure 8
And using appropriate project management methodology like agile, scrum, PERT, waterfall, etc.
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SUMMARY AND CONCLUSION
Evaluating all the aspects indulged in the report it could be summarized and evaluated that
project management is a crucial task. It is not easy for everyone to manage the project in an
appropriate way8. It could be analysed that project management requires a proper focus planning
and understanding of all the technical aspects. Appling appropriate project management
methodology will help in managing the project in a proper way9. Also it is required that a focus
should be developed towards developing a blueprint of the project before initiating it.
Preparing checklist and reviewing each and every aspect at the final stage will help in bringing
quality to the project1. Testing is one of the most important aspects which are required to be
focused upon with the effect of which assurance will made that the project on which the work is
done is effective and will help in fulfilling the set objectives. Communication and proper
information is one of the main aspect required to be taken into consideration to develop a
successful project and to ensure that the project should be developed according to the
requirements of the target users4.
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BIBLIOGRAPHY
[1]M. Martinsuo and P. Hoverfält, "Change program management: Toward a capability for
managing value-oriented, integrated multi-project change in its context", International Journal
of Project Management, vol. 34, pp. 1-5, 2017.
[2]A. Sommer, I. Dukovska-Popovska and K. Steger-Jensen, "Barriers towards integrated
product development — Challenges from a holistic project management
perspective", International Journal of Project Management, vol. 32, no. 6, pp. 970-982, 2014.
[3]M. Braglia and M. Frosolini, "An integrated approach to implement Project Management
Information Systems within the Extended Enterprise", International Journal of Project
Management, vol. 32, no. 1, pp. 18-29, 2014.
[4]K. Matturi and C. Pain, "Managing an Integrated Project - Experiences from the Realigning
Agriculture to Improve Nutrition project", Project Management Research and Practice, vol. 3, p.
5035, 2016.
[5]H. Mesa, K. Molenaar and L. Alarcón, "Exploring performance of the integrated project
delivery process on complex building projects", International Journal of Project Management,
vol. 34, no. 7, pp. 1089-1101, 2016.
[6]S. Bonham, Actionable strategies through integrated performance, process, project, and risk
management. Boston: Artech House, 2008.
[7]U. Ali and C. Kidd, "Barriers to effective configuration management application in a project
context: An empirical investigation", International Journal of Project Management, vol. 32, no.
3, pp. 508-518, 2014.
[8]The 77 deadly sins of project management. Vienna, VA: Management Concepts, 2009.
[9]H. Kerzner, Project management. John Wiley & Sons Inc, 2017.
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