Project Execution Planning and Management: Risk and Quality Analysis

This project execution plan assignment delves into crucial aspects of project management. It begins with an analysis of stakeholders, categorizing them based on power and interest, and explores how to manage their expectations. The assignment then outlines a project quality management plan, detailing inputs, tools, techniques, and outputs for effective quality control. A project procurement plan is also presented, specifying contract types and reasons for procuring machinery and raw materials. Furthermore, the document addresses risk management, acknowledging the inherent uncertainties in projects. The assignment covers various stakeholder types, including owners/shareholders, project teams, competitors, and media, detailing their potential impacts on project success. This comprehensive approach provides a robust framework for planning, executing, and managing projects effectively.

PROJECT
EXECUTION
PLANNING AND
MANAGEMENT
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Table of Contents
TASK 1...........................................................................................................................................3
TASK 2...........................................................................................................................................9
TASK 3.........................................................................................................................................10
REFERENCES..............................................................................................................................11
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TASK 1
A
Owner/Shareholder: They are another stakeholder of the project, they are the one who used to
provide the different guidelines to the project manager and also different expectation of Owner
and Shareholder form the project. This eventually used to help the project manager in getting
good sort of the clarity in the project. This helps the project manager in planning different
activity in the project in better way, this eventually used to help the project in seeing the good
amount of the success in the market. As Owner and shareholder are the one in the organization,
for whom the project is carry so it is very important for them to manage the happiness of all the
stakeholder in the organization.
Project team: They are another important stakeholder in the organization; they are the one in
the project who used to carry out different operation of the business. Project team generally
includes the employee of different skill set who used to carry out different operation of the
project. So they are the one who used to play a very crucial role in affecting the success of the
project in the positive way. For the same reason project manager in the organization also used to
make sure that they used to maintain good sort of interest of employee by providing them
monitory support to them.
Competitor: They are the one who were also interested in owing this construction but due to
some reason they are not able to get the same in the market. They are the one who can impact or
affect the project in the negative way, as they will try to create the variety of the hurdles for the
project manager to carry out same project in the nation. This can help them in creating wrong
image of project manager in front of the market. This used to impact the success of project very
badly as efficiency of project used to see a back seat. At the same time organization also has to
invest the good amount of resources to build good image of other in the market.
Media: They are the one who used to impact the success of the project in both the way. It has
been identified that they are the one who used to promote the project of the company in front of
consumer. Media are the one who generally used to collect the different data from project
manager in the initial stage. Information generally includes information related to sponsor and
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expenses and human resource. On the basis of the same media used to promote the product in
negative or positive way in front of the consumer. This used to impact the success of the project
very badly. As it has been identified that consumer interest are generally divert by the different
report and promotion which has been done by media on their channel. As a result they are
having good sort of power in them to impact the success of the project in the market.
There are many other stake holder who used to has good sort of the power to affect the success
of project for the project manager. Some of them are government; project manager has to make
sure that they used to compile different activity with government policy, Project manager as they
are the one who used to guide the project activity. Project sponsor who used to provide monitory
support to project team, another one are the supplier of different raw material in the
organization, also used to provide.
B
Stakeholder interest matrix
There are generally two type of the stakeholder in the project that is internal and external
stakeholder. Internal stakeholders are the one in the organization who are entities within the
business. Some of the internal stake holders in the project are Project manager, sponsor, Project
manager and project team, internal user, Developer etc.
External stakeholders at the same time are the one whom are entities within the business itself.
Some of the examples of external stakeholder are customer, supplier, Regulator, Government
Media and broadcaster of the project in the market.
High Power, Low Interest (Key Player) High Power, High Interest (Keep Satisfied)
Customer
Supplier
Regulator
Government
Project sponsor
Stakeholder
Project Manager
Project Team
Low interest, Low power (Keep Informed) High Interest, Low Power (Minimal Efforts)
Different system Admin
Helpdesk
Internal User
Developer
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Media
Key player
They are the one who used to have good sort of interest in the project but at the same time they
are not having the power to impact the success of the project. As consumer are one who used to
use the different service at the same time supplier are the one who used to provide the service.
Government has to make sure that project do not harm any one in the nation but at the same time
they are not having any sort of the power to influence the performance of the project in real.
Keep Satisfied
They are one of the most important categories of the stakeholder as they generally used to
provide there services to the project, as they are having good sort of the power in the project, As
project sponsor are the one who used to assist the project manager in making the different policy
in the organization. Also provides resources to complete the project. Project manager are the one
who used to make different policy and guidelines in the organization, at the same time Project
team used to follow the different guideline in the organization. At the same time they are the one
in the organization who used to expect a good return out of the project which has been carried
out in the organization as there reputation are generally depends upon the success of the project
in the organization.
Keep Informed
These categories of stakeholder are the one in the organization who used to have very low
interest as well as they are not having that much of the power to impact the function of different
project in the organization. They are generally the one who used to carry out different operation
as they were ordered by someone in the organization or for the sack of carry out different
operation for money as a interest.
Minimal Efforts
These category of stakeholder are the one in the organization who used to has good sort of the
interest about the project which is being carried out in the organization. At the same time they
are not having that sort of the power to impact the outcome of the performance in the
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organization. Examples of this type of stakeholder are Media, as they are the one who used to
promote the different advertisement but has no pwer to influence project activity for the
organization.
C
PROJECT QUALITY MANAGEMENT PLAN
Plan Quality Management Manager Quality Control Quality
Inputs
To manage different project
plan and schedule different
quality of plan project there
will be many different type of
input which has to be invest
such as Project charter,
Project Management Plan and
organizational Process assets.
Tool & Techniques
Benchmarking tool is the tool
which will be used in the
organization to manage a good
quality of management plan in
the organization. As it has
been identified that project
manager will be fixing the
different benchmark before
hand itself in the organization
and on the basis of the same
will compare the outcome of
the project. On the basis of the
Inputs
Another step is to manage the
good amount of quality in the
organization. As there are
many different type of action
which are performed in the
project. So it is very important
for the project manager to
maintain a good sort of quality
in the project at all time. For
the same reason different
input will be Project
management plan, Project
document and Organizational
Process assets
Tool and Technique
Check list is the tool which is
used in the organization to
maintain a good sort quality in
the project. Checklist is the
tool in which the organization
will be noting down the
Input
To control the quality of the
project there are some input
which has to be invested in the
organization are Approved
change request, workplace
performance and Enterprise
environmental factor.
Tool & Techniques
Inspection tool is the best tool
in the organization through
which different quality of
project can be maintain in the
organization. In this tool the
hire employee in the
organization will be
inspecting the workplace on
the frequent basis to check the
performance and guide
different employee to control
good sort of quality in the
project.
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same different action will be
taken to reduce the different
deficit which is being found in
the organization.
Output
This will help the project
manager in finding out the
deficit which are present in
the current operation of the
business. On the basis of the
same in the organization
manager will also ale to find
out the efficiency of the
decision and help in providing
different basis to make
different decision in the
organization that easily.
different activity which has
been performed in the project.
After a period of time
organization will be checking
and evaluate the same to find
the issue which is present in
the project.
Output
This will help the manager in
maintaining the efficiency in
the project and will also help
the organization in keeping
good sort of the eye on the
different operation which are
being performed in the
organization.
Output
This will help the project
manager in maintaining good
sort of quality control
measurement and also help in
verifying variety of
deliverables in the
organization. Also, help in
managing the project
management plan of the
organization in better in the
organization.
d
PROJECT PROCURMENT PLAN
Type Description Contract Type Delivery System Reason
Machinery Machinery are
the one which
will be procure
in the
organization to
Rental basis,
generally
machinery will
be procure on
rental basis from
Design bid build
is the delivery
system which
will be used by
the organization t
This will be
generally procure
in the
organization to
help different
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carry out
different
technical
operation in the
organization,
also for the
purpose of
improving the
efficiency of the
project as
different human
efforts in the
organization will
be reduce due to
the same in the
organization.
other operator.
Also, from
variety of
different supplier
in the nation. As
rental contract in
the organization
will help them in
reducing amount
of the cost in the
organization.
procure different
machinery in the
organization.
human resources
in carrying out
different
operation of the
project more
efficiently in the
organization.
Raw material Raw material is
another
important thing
which need to be
procure in the
organization.
Raw material is
generally used to
convert them
into the end
product. Project
manager and
team in the
organization
generally uses
Raw material in
the organization
will be procure
on the payment
basis. Also,
different raw
material which
will be procure
in the
organization.
This material in
the organization
will be procure
on the short term
as well as for
Design Build and
Multi prime are
the two delivery
system in the
organization on
the basis of
which different
raw material will
be procure in the
organization.
Reason behind
procuring this
sort of material
in simply to
complete the
different end
product for the
company in the
market.
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the combination
of the raw
material together
in the
organization
long term
contract basis in
the organization.
TASK 2
Risk are always one of the thing which used to create variety of the uncertainty among the team
member in the organization. Reason behind the same is identified that risk is never the thing
which is avoidable in the team. As risk can impact the overall efficiency of the business in
negative way in the organization. At the same time there are many risk looking at that risk in the
team will create more uncertainty better you look to ignore the same in the organization.
Different response to different risk is as follows:
Referees failing to show up at designated games: This is not in the hand of the team, so team
need to ignore the same this will eventually help them in concentrating on the game and might
help in seeing good result in match.
Fighting between teams: This has to look by the team as it may impose variety of the penalty
upon the tam. So team has to make sure that they used to give sort of the training to the team
member in the organization, so that they can overcome the same in the organization that easily.
Pivotal error committed by a referee that determines the outcome of a game: Another risk
which is in not control of the team. So they should overlook the same in the organization. , so
team need to ignore the same this will eventually help them in concentrating on the game and
might help in seeing good result in match. Organizer only can do one thing that they ask referee
to be fair.
Abusive behavior along the sidelines by parents: For the same reason organization can make
sure that they used to hire good security guard in the project, this will eventually help them in
seeing reducing this sort of the issue in the organization.
Inadequate parking: This is another thing which is big risk, this is the issue which can be
overcome by the organization by looking at better location in the initial stage itself in the
organization.
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Not enough teams sign up for different age brackets: This is the risk which is uncertain, so
project team should ignore the same in the nation.
Serious injury: Project team has to look at this type of risk as it is the responsibility of project
team to provide good sort of medical facility to the team member. So project team has to make
sure that they used to provide good medical staff in the organization.
TASK 3
Formula of calculating EMV is profitability multiplied by impact. So EMV of all the model is as
follows:
Model 1 EMV
10,000 400000
15,000 300000
14000 560000
Total EMV 1260000
Model 2
8,000 320000
18,000 360000
12000 480000
Total EMV 1160000
Model 3
6000 240000
16000 320000
21000 840000
Total EMV 1400000
After going through the above data it can be said that the organization should look at using
model 3 as a primary model in the organization as they used to give the hightet EMV, as
1400000 at the same time model 1 used to give the total EMV of 1260000 and model 2 used to
give the EMV of 1160000.
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REFERENCES
Books and Journals
Abdollahi, H. R., Hosseini, S. M. and Alimohammadzadeh, K., 2019. STAKEHOLDER
ANALYSIS USING THE MATRIX OF INTEREST-POWER IN INSURANCE
INDUSTRY: CASE STUDY OF HAFEZ ATIEHZASAN INSURANCE.
van Niekerk, M. and Getz, D., 2019. Generic Stakeholder Management Strategies.
Venturelli, A., Cosma, S. and Leopizzi, R., 2018. Stakeholder engagement: An evaluation of
European banks. Corporate Social Responsibility and Environmental Management.
25(4). pp.690-703.
Sangma, S. D., Chauhan, J. K. and Devarani, L., 2019. Stakeholder Analysis of Rongram
Horticulture Hub, Meghalaya. Journal of Global Communication. 12(2). pp.73-80.
Duncan, G. M and et.al., 2017. Development of a Pavement Management Manual and Data
Quality Plan for the Mississippi Department of Transportation (No. FHWA/MDOT-
RD-17-268). Mississippi. Dept. of Transportation.
Sangiuliano, S. J. and Davies, I. M., 2018. A quality management review of Scotland's sectoral
marine plan for tidal energy. Ocean & Coastal Management, 157, pp.217-226.
Fleming, Q. W., 2019, January. Project procurement management: contracting, subcontracting,
teaming. Project Management Institute.
Whitaker, S., 2016. Procurement Management. In Pass the PMP® Exam (pp. 405-444). Apress,
Berkeley, CA.
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