Project Management Report: Knowledge Management Consultancy

This report presents a comprehensive project management analysis for a knowledge management consultancy. It begins with an introduction and rationale, emphasizing the importance of effective project management skills for organizational growth. The report outlines the aims, objectives, and research questions, focusing on understanding business project management and its implications. The methodology section details the use of secondary data (journals, articles, and online surveys) and primary data (questionnaire surveys and interviews). A significant portion of the report is dedicated to project management, including risk assessment using a risk priority matrix, the development of a contingency plan, a work breakdown structure, a detailed timeline with a Gantt chart and task usage analysis, and critical path analysis. Finally, the report considers project costs and provides a bibliography of cited sources, offering a complete overview of project management principles and their practical application in a consultancy setting.

Running head: PROJECT MANAGEMENT REPORT
Project Management Report:
Professional Research Project for Knowledge Management Consultancy
Name of the Student:
Student ID:
Name of the University:
Author’s note:

1PROJECT MANAGEMENT REPORT
Table of Contents
1. Introduction..................................................................................................................................2
2. Rationale of the project................................................................................................................2
3. Aims, Objectives and Research Question....................................................................................3
3.1 Aims of the Project................................................................................................................3
3.2 Objectives of the Project............................................................................................................3
3.3 Objectives and Research Questions.......................................................................................4
4. Methodology................................................................................................................................4
4.1 Secondary Data Needs...........................................................................................................4
4.2 Primary Data Needs...............................................................................................................5
5. Project Management....................................................................................................................6
5.1 Risk Assessment....................................................................................................................6
5.2 Contingency Plan...................................................................................................................6
5.3 Work Breakdown Structure...................................................................................................8
5.4 Timeline.................................................................................................................................9
5.5 Critical Path Analysis..........................................................................................................13
5.6 Consideration of Costs.........................................................................................................14
Bibliography..................................................................................................................................16

2PROJECT MANAGEMENT REPORT
1. Introduction
The project of Professional Research Project for Knowledge Management Consultancy is
developed for making a final report of the research project. The execution of the operations
would assist in the arrangement of the final research project and the data collection as required
for the final project report. The use of data collection and data analysis would assist in the
deployment of the enhanced operational expansion (Thomas 2017). The project would allow the
formation of the improved functional growth and alignment of the successive reports that would
assist in the process of alignment of the final project report.
2. Rationale of the project
The growth of organizations has made it evitable for implementing effective project
management skills and knowledge for the development of the operations. According to Bell
(2014), the operation development and planning would be helpful for the development of the
operations in the project completion. The business project management would provide option for
the alignment of the planned costs and the achievement of the goals sets.
According to Riol and Thuillier (2015), the business project management is helpful for
the alignment of successful integration management. The formation of the operations and its
deployment would be assisted by the analysis of the business project management. The research
method would assist in the operational development of the successive project management. The
integration of the operations would be aligned for the alignment and system development.
3. Aims, Objectives and Research Question

3PROJECT MANAGEMENT REPORT
3.1 Aims of the Project
The project of Professional Research Project for Knowledge Management Consultancy is
helpful for the alignment of the operations for the business project management. The main aim of
the project is to form the final analysis of the project integration management and alignment of
the operations. The project aims are,
To develop the understanding for the implication of the business project management in
an organization
To form the analysis of the problems of poor planning and execution for developing
proper solution
To understand the success criteria for the project deliverable and the alignment of the
effective operation
3.2 Objectives of the Project
Objective 1: Development of research report
Justification: The attainment of the final deliverable from the project would require the
development of the research report as it would help in the analysis and study of the project
operations. The operation development and activity scheduling would be assisted by the initial
research done for research report.
Objective 2: Proper Documentation

4PROJECT MANAGEMENT REPORT
Justification: The proper documentation would help in easing the deployment of the
operations. The management of the proper documentation would help in future documentation
process. The documentation would allow the formation of the support for future documentation.
3.3 Objectives and Research Questions
Objectives Research Questions
Development of research report What is the main outcome of the project?
Why is it important for business purpose?
What are the issues of business project management?
Proper Documentation What are the benefits of final report documentation?
Why project reports are made?
What is the future prospect of the documentation?
4. Methodology
4.1 Secondary Data Needs
Secondary data need 1: Journals and Articles
The business project management is largely helpful for the development of the proper
documentation. The various journals and articles would be helpful for the deployment of the
proper system development (O'Leary 2017). The secondary data analysis would allow the study
of existing data and information on business project management from existing sources for the
alignment of the project final deliverable. The implication of the operations would allow the
formation of the active analysis model.

5PROJECT MANAGEMENT REPORT
Secondary data need 2: Online Surveys
The development of the online surveys would be helpful for the alignment of the
effective data accumulation. The online surveys are helpful for collecting information from a
varied number of sources (Turner 2016). The combination of the operations would also form the
consumption of the improved operations for the arrangement of the improved functional
expansion. The online surveys are helpful for collecting information from various sources and
develop the secondary form alignment.
4.2 Primary Data Needs
Primary data need 1: Questionnaire Survey
The questionnaire survey is the most appropriate form of the primary data collection as it
involves the inclusion of a number of persons and alignment of the improved system
development. The questionnaire survey would be helpful for the alignment of the information
from various people and collect their answers on the survey (Harrison and Lock 2017). The
answers of the questionnaire survey would help in forming the understanding of what the people
expects and thinks about the business project management topic.
Primary data need 2: Interview Answers
The interviews are carried on from some specific person for getting their personal views
on the topic. The business project management holds an integral part for the upliftment of the
business and ensure that the projects are complete successfully (Zheng et al. 2016). The
deployment of the effective project operations would also require the analysis of the topic from
the consideration points of view of the individual. For example- the interview with the investors
would help in developing an understanding of the consideration and expectations of the investors

6PROJECT MANAGEMENT REPORT
from the implication of the project management operations. The implication of the interview
questions answers would help in easing the development of the finite strategies for the
implication of the business project management.
5. Project Management
5.1 Risk Assessment
Risk Assessment is the process of analysis of the factors of risk and developing an
understanding of the impact of the risk on the activities of the project (vom Brocke and Lippe
2015). The risk assessment of the project of Professional Research Project for Knowledge
Management Consultancy is given below in the Risk Priority Matrix,
Risk Factor Description Severit
y
Probability Rating
Absence of
Prior
Knowledge
The absence of the prior knowledge would
result in forming issues in the development
of the final project report. The absence of
the prior knowledge would tend to form the
major impact in the completion of the
project.
Low Medium Low
Lack of
Secondary
Data
The lack of secondary data would result in
delaying the final data analysis of the
research project. The secondary data issues
might arise due to the unreliable sources of
information.
Medium Low Medium
Delay in
Primary Data
Collection
The delay in primary data collection would
form the major hindrance in the alignment
of the effective final reports. The delay in
primary data collection would be resulted
due to the people unable to send the
completed questionnaire.
High High High

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5.2 Contingency Plan
The contingency plan is developed for the analysis of the risk factors and development of
some contingency planning for the alignment of the effective project operations (Heagney 2016).
The contingency planning would help in developing some activities that would overcome the
issues in the project of Professional Research Project for Knowledge Management Consultancy.
The contingency planning for the identified risks are given below,
Identified Risks Contingency Planning
Absence of Prior
Knowledge
Studying through various information source available online or through
journals and articles
Lack of Secondary
Data
Collecting information from the authentic sites and information development
Delay in Primary
Data Collection
Primary data collection should be done after completion of the literature
review as it would provide time for collecting information from the sources

8PROJECT MANAGEMENT REPORT
5.3 Work Breakdown Structure
The work breakdown structure for the project of Professional Research Project for Knowledge Management Consultancy is given below,
0
1
1.1
1.2
1.3
1.4
1.5
2
2.1
2.2
2.3
2.4
2.5
3
3.1
3.2
3.3
3.4
4
4.1
4.2
4.3
4.4
5
5.1
5.2
5.3
6
6.1
6.2
6.3
6.4
7
-
Professional
Research
Project for
Knowledge
Management
Consultancy
- Project
Initiation
- Topic
Selection
- Literature
Review
Phase
- Primary
Data
Collection
- Secondary
Data
Collection
- Report
Development
- Analysis of
the Project
Requirements
-
Development
of the
initiation
documents
- Charter
Document is
developed
- Documents
are
submitted
- Sign off
the
documents
- List of
topic is
selected
- Feasibility
Analysis is
made
- Information
is collected
from the
sources
- An outline
is developed
- Topic is
approved
-
Appropriate
literature
sources are
selected
from various
sources
- Journal
and Articles
are sorted
- Literature
Contents
sorting is
done
- Complete
Review is
done
- Survey
forms are
made
-
Distribution
of online
survey
forms
- Collection
of survey
form
- Data
Analysis is
done
- Data from
Various
Sources are
analyzed
-
Appropriate
Data is
selected
- Data
Analysis is
done
- Final
Report is
made
- Data
Review is
added
- Summary
is made
- Final
Conclusion
is made
- Project is
Closed
Figure 1: Work Breakdown Structure of the Project
(Source: Created by the author)

9PROJECT MANAGEMENT REPORT
5.4 Timeline
The timeline for the project of Professional Research Project for Knowledge Management Consultancy is given below,
WBS Task Name Duration Start Finish
0 Professional Research Project for Knowledge Management Consultancy 34 days Mon 4/2/18 Thu 5/17/18
1 Project Initiation 14 days Mon 4/2/18 Thu 4/19/18
1.1 Analysis of the Project Requirements 3 days Mon 4/2/18 Wed 4/4/18
1.2 Development of the initiation documents 4 days Thu 4/5/18 Tue 4/10/18
1.3 Charter Document is developed 4 days Wed 4/11/18 Mon 4/16/18
1.4 Documents are submitted 2 days Tue 4/17/18 Wed 4/18/18
1.5 Sign off the documents 1 day Thu 4/19/18 Thu 4/19/18
2 Topic Selection 9 days Thu 4/5/18 Tue 4/17/18
2.1 List of topic is selected 2 days Thu 4/5/18 Fri 4/6/18
2.2 Feasibility Analysis is made 3 days Mon 4/9/18 Wed 4/11/18
2.3 Information is collected from the sources 4 days Thu 4/12/18 Tue 4/17/18
2.4 An outline is developed 2 days Thu 4/12/18 Fri 4/13/18
2.5 Topic is approved 1 day Mon 4/16/18 Mon 4/16/18
3 Literature Review Phase 10 days Mon 4/9/18 Fri 4/20/18
3.1 Appropriate literature sources are selected from various sources 3 days Mon 4/9/18 Wed 4/11/18
3.2 Journal and Articles are sorted 4 days Thu 4/12/18 Tue 4/17/18
3.3 Literature Contents sorting is done 2 days Wed 4/18/18 Thu 4/19/18
3.4 Complete Review is done 1 day Fri 4/20/18 Fri 4/20/18
4 Primary Data Collection 11 days Mon 4/16/18 Mon 4/30/18
4.1 Survey forms are made 2 days Mon 4/16/18 Tue 4/17/18
4.2 Distribution of online survey forms 1 day Wed 4/18/18 Wed 4/18/18

10PROJECT MANAGEMENT REPORT
4.3 Collection of survey form 3 days Thu 4/19/18 Mon 4/23/18
4.4 Data Analysis is done 5 days Tue 4/24/18 Mon 4/30/18
5 Secondary Data Collection 14 days Wed 4/18/18 Mon 5/7/18
5.1 Data from Various Sources are analyzed 2 days Wed 4/18/18 Thu 4/19/18
5.2 Appropriate Data is selected 3 days Fri 4/20/18 Tue 4/24/18
5.3 Data Analysis is done 5 days Tue 5/1/18 Mon 5/7/18
6 Report Development 8 days Tue 5/8/18 Thu 5/17/18
6.1 Final Report is made 4 days Tue 5/8/18 Fri 5/11/18
6.2 Data Review is added 2 days Mon 5/14/18 Tue 5/15/18
6.3 Summary is made 1 day Wed 5/16/18 Wed 5/16/18
6.4 Final Conclusion is made 1 day Thu 5/17/18 Thu 5/17/18
7 Project is Closed 0 days Thu 5/17/18 Thu 5/17/18
Table 1: Project Schedule
(Source: Created by the author)
The Gantt chart for the project of Professional Research Project for Knowledge Management Consultancy is shown below,

11PROJECT MANAGEMENT REPORT
ID Task
Mode
WBS Task Name Duration Start Finish
0 0 Professional Research Project for
Knowledge Management
Consultancy
34 days Mon 4/2/18 Thu 5/17/18
1 1 Project Initiation 14 days Mon 4/2/18 Thu 4/19/18
2 1.1 Analysis of the Project Requirements3 days Mon 4/2/18 Wed 4/4/18
3 1.2 Development of the initiation documents4 days Thu 4/5/18 Tue 4/10/18
4 1.3 Charter Document is developed 4 days Wed 4/11/18 Mon 4/16/18
5 1.4 Documents are submitted 2 days Tue 4/17/18 Wed 4/18/18
6 1.5 Sign off the documents 1 day Thu 4/19/18 Thu 4/19/18
7 2 Topic Selection 9 days Thu 4/5/18 Tue 4/17/18
8 2.1 List of topic is selected 2 days Thu 4/5/18 Fri 4/6/18
9 2.2 Feasibility Analysis is made 3 days Mon 4/9/18 Wed 4/11/18
10 2.3 Information is collected from the sources4 days Thu 4/12/18 Tue 4/17/18
11 2.4 An outline is developed 2 days Thu 4/12/18 Fri 4/13/18
12 2.5 Topic is approved 1 day Mon 4/16/18 Mon 4/16/18
13 3 Literature Review Phase 10 days Mon 4/9/18 Fri 4/20/18
14 3.1 Appropriate literature sources are
selected from various sources
3 days Mon 4/9/18 Wed 4/11/18
15 3.2 Journal and Articles are sorted 4 days Thu 4/12/18 Tue 4/17/18
16 3.3 Literature Contents sorting is done 2 days Wed 4/18/18 Thu 4/19/18
17 3.4 Complete Review is done 1 day Fri 4/20/18 Fri 4/20/18
18 4 Primary Data Collection 11 days Mon 4/16/18 Mon 4/30/18
19 4.1 Survey forms are made 2 days Mon 4/16/18 Tue 4/17/18
20 4.2 Distribution of online survey forms 1 day Wed 4/18/18 Wed 4/18/18
21 4.3 Collection of survey form 3 days Thu 4/19/18 Mon 4/23/18
22 4.4 Data Analysis is done 5 days Tue 4/24/18 Mon 4/30/18
23 5 Secondary Data Collection 14 days Wed 4/18/18 Mon 5/7/18
24 5.1 Data from Various Sources are analyzed2 days Wed 4/18/18 Thu 4/19/18
25 5.2 Appropriate Data is selected 3 days Fri 4/20/18 Tue 4/24/18
26 5.3 Data Analysis is done 5 days Tue 5/1/18 Mon 5/7/18
27 6 Report Development 8 days Tue 5/8/18 Thu 5/17/18
28 6.1 Final Report is made 4 days Tue 5/8/18 Fri 5/11/18
29 6.2 Data Review is added 2 days Mon 5/14/18 Tue 5/15/18
30 6.3 Summary is made 1 day Wed 5/16/18 Wed 5/16/18
31 6.4 Final Conclusion is made 1 day Thu 5/17/18 Thu 5/17/18
32 7 Project is Closed 0 days Thu 5/17/18 Thu 5/17/18
Analyst
Documenter,Documents[1]
Documenter,Documents[1]
Documenter
Client
Analyst
Analyst
Data Collecter,Internet Sources[1]
Analyst
Client
Project Manager,Internet Sources[1]
Project Manager,Journals[1],Articles[1]
Project Manager
Project Manager
Surveyor,Survey forms[1]
Surveyor
Surveyor
Data Analyst,Analysis tools[1]
Data Collecter
Data Collecter
Data Analyst,Analysis tools[1]
Documenter,Documents[1]
Data Analyst
Project Manager
Project Manager
5/17
M T W T F S S
Mar 18, '18 Apr 22, '18 May 27, '18
Figure 2: Gantt chart of the project
(Source: Created by the author)