PPMP20008 Lessons Learnt: Project Charter & Risk Management - Term 1

This presentation documents lessons learnt from a project management perspective, focusing on the project charter and risk management. It details the planned vs. actual processes for gathering and documenting lessons, involving stakeholders, team members, and the project lead. Reflections on the absence of a formal lessons learnt process and library are discussed, highlighting issues such as unclear project goals, high-level risks, and poor cost management. Specific situations, like an inadequate project manager and lack of resources, are analyzed, with strategies for improvement proposed and aligned with a SMART framework. The presentation concludes by emphasizing the deep knowledge gained and the timely completion of the project, referencing relevant academic sources. Desklib provides access to similar solved assignments and resources for students.

PPMP20008
Lessons Learnt Presentation
Assessment 3 - 2018 Term1
Student name: IMADUDDIN
Student number: 12086266
Campus:
Tutor name:

Introduction
• In this ppt will collect the lesson that are learnt and the
process to document the lesson.
• What happen when the lesson gathered and
documented.
• Self reflection of the of the lesson learnt with the issue
found.
• Lesson 1: Project Charter
• Strategy to improve the Lesson 1
• Lesson 2: Risk Management
• Strategy to improve the Lesson 1
• Conclusion
• References

Lessons Learnt Framework
How I planned to gather and document lessons learnt
When I planned to
identify and collect
lessons learnt
Who I planned to
involve in the process
of gathering lessons
How I planned to
document lessons
• Project charter is
planned to learnt in
week 3
• Risk management is
planned to learn in
Week 7
I have planned to involve
the following member in
the gathering lesson
process:
• Stakeholders
• Members of Team
• Project Lead
The method that I have
used to document the
lesson are as follows:
• Google Docs
• Video Recording
• Word Documentation

Lessons Learnt Framework
What actually happened
When I identified and
collected lessons
learnt
Who I involved in the
process of gathering
lessons
How I documented
lessons
The lesson of week 3 is
learnt one week later
from the actual week
i.e. Week 4
The lesson of week 7 is
learnt two week later
from the actual week
i.e. Week 9
I have planned to
involve the following
member in the
gathering lesson
process:
• Stakeholders
• Members of Team
• Project Lead
The method that I have
used to document the
lesson are as follows:
• Google Docs
• Video Recording
• Word Documentation

No Lessons Learnt
Process
No Lessons Learnt
Library
No Lesson Learnt process are as
follows:
• The goal of the project is not
much cleared to the term
member and stakeholders.
• High level risk are associated
with the project implementation.
• The team does not have much
cleared framework.
No lessons learnt library as follows:
• Lack of understanding of the
project.
• Management of cost and budget
is poor.
• Life cycle of the project is not so
good.
• Failure of the project
• Risk associated in the project.
Reflections on my actual lessons learnt process
and the common issues of:

Lesson 1: Project Charter
Situation The situation made me
feel…
What I learnt from
reflecting on the
situation
Project Manager is
Inadequate
This situation make
me very
uncomfortable and un
happy. This make the
situation of distribution
in the team.
I learnt that the given
situation is very
compulsory for the
project for project
implementation.
Lack of Resources The situation is very
frustrating and this
make me very angry.
This make the team
and other member
very un happy.
This situation shows
that how much the
resources are
necessary for the
project.

Improvement strategy for lesson 1
Improvement
strategy
How to
measure if
the strategy
works
Why the
strategy is
achievable
Relevance of
strategy to
address the
lesson
When the
strategy will
be
implemented
Experience to
the project
manager
The analysis
and
evaluation will
be used to
measure the
strategy.
This activity is
easily
achievable
because it
can achieved
in small
interval of
time.
This help the
project and
their member
a proper
guidance to
lead the
project.
This strategy
is
implemented
in week 4.
Schedule of
Resource
The wbs and
Gantt chart is
the only
measure the
strategy.
It is very easy
to understand
as it is very
less complex.
This will help
the team
member to
grow their
learning.
This strategy
is
implemented
in Week 9.

Project Charter

Lesson 2: Risk Management
Situation The situation made me
feel…
What I learnt from
reflecting on the
situation
Project Failure This situation make me
very unhappy. This make
the situation frustration in
the team members.
I have learnt that the
small risk can make a
big harm like project
failure in the team.
Team Distribution This situation is very un
pleasant to all the
member. This make all
the team member very
un-happy.
The team distributed due
to small issue that
proves that it fails the
whole project in small
duration of time.

Improvement strategy for lesson 2
Improvement
strategy
How to
measure if
the strategy
works
Why the
strategy is
achievable
Relevance
of strategy
to address
the lesson
When the
strategy will
be
implemented
Performance
Variability
The proper
analysis and
evaluation.
The
performance
variability is
very easy to
implement in
the project.
This will
decrease the
variability in
the project.
This is
implemented at
the end of
Week 5.
Changing
Business
Environment
Migrated risk
by checking
the project
acquired
risks.
Proper
planning of
the project
make it
achievable.
The
changing in
the business
environment
will decrease
the risk.
This is
implemented at
the end of
Week 7.

Risk Management

Conclusion
• The different lesson are learnt in the lesson are
aligned on the frame work:
– Project Charter
– Risk Management
• All lesson will provide a deep knowledge for the
learnt lessons.
• During the learning SMART process is identified.
• The project is completed in the given time frame
of the project.

References
• Hayes, D.S., 2000, March. Evaluation and
application of a project charter template to improve
the project planning process. Project Management
Institute, viewed 30 May 2018,
https://www.pmi.org/learning/library/project-charter-t
emplate-improving-planning-process-1986
• Boehm, B.W., 1991. Software risk management:
principles and practices. IEEE software, 8(1),
pp.32-41, viewed 30 May 2018,
http://www.skatelescope.org/public/2011-02_Syste
m_delta_CoDR_Documents/14-MGT-040.040.000-
MP-001-1_RiskManPlan.pdf