Project Management Report: Detailed Analysis of Tasks 1 and 2 Concepts

This report delves into the core concepts of project management, examining integration management's significance, the role of scope statements and Work Breakdown Structures (WBS), and various budgeting approaches. It explores different types of project risks and mitigation strategies, along with methods to ensure successful project completion, including the use of Gantt charts and critical paths. The report further analyzes project planning, initiation, execution, control, and closure phases, including resource and financial plans. The report also explores the planning phase which includes financial, quality, and resource plans. The report discusses the importance of stakeholder management, risk assessment, and the development of alternative plans to ensure project success. This comprehensive analysis provides valuable insights into managing projects effectively.

MANAGING
PROJECTS

Table of Contents
TASK 1......................................................................................................................................3
Significance of integration management in project management setting..............................3
Scope statement for a project and WBS roles in such a statement........................................3
Approaches available to generate budget for a project budget..............................................3
4 form of project risks and responses to overcome 2 risks....................................................4
Method to assure a project is successfully completed.......................................................4
Gantt chart and critical path..............................................................................................4
TASK 2......................................................................................................................................5
Project planning and phase review.........................................................................................7
TASK 2......................................................................................................................................9
Project Initiation.....................................................................................................................9
Planning of the project.........................................................................................................11
Executing the project............................................................................................................12
Control the project................................................................................................................13
Closure the project...............................................................................................................14
REFERENCES.........................................................................................................................15

TASK 1
Significance of integration management in project management setting
Purpose, aims, objectives, scope, time and deliverables are key characteristics of
management project.
Integration management is a system of making several procedures work together. It
takes varied activities that are being utilized in project and makes assure that they are
coordinated. It accomplishes project management setting by making trade-offs (Bergamin
and Braun, 2018). It means that project manager can have everything when they want to
obtain project done on time and within allotted budget. It is important while conducting
project management setting to use integration management because it helps to develop
strategies to integrate all activities in project and aid to achieve common project aim and
objectives in effective & systematic manner.
Scope statement for a project and WBS roles in such a statement
Scope statement caters documented basis for making a management project decisions
and it is utilized to direct tasks attempts and communicate project (Whitaker, 2016). It
outlines overall project include any deliverable, list of stakeholders and their features who
can be impacted. Scope statement start by explaining need for project and how end outcome
can be solve that need. It also clarifies scope description that is one of the more essential
phases for a project.
Work breakdown structure play important role in scope statement as it help to define
clear scope of work by taking scope statement and dividing deliverables of project into
smaller and systematic packages of tasks.
Approaches available to generate budget for a project budget
There are two main methods project manager can take while generating a budget for
management project (Jahshan and et.al., 2019). Top down approach is one of the best
approaches especially used to generate budget. It breaks down of a task or activity to gain
insight into their compositional sub systems. It is where a decision maker takes decision of
how project activities will be done. It defining project acts includes beginning with project
aim or final deliverable & dividing it down into smaller planning chunks.

Another approach is bottom up budgeting method which include final budget holder
determine activities and tasks required to accomplish project, benefit of this method is their
accuracy.
4 form of project risks and responses to overcome 2 risks
Legal, Financial, Operational and strategic risk are the four types of project risks that
impact on final outcomes (Naydenova, 2019). Financial risk is caused due to market acts can
include a host of elements. It can be distinguish into varied forms such as credit and market
risk. Operational risk is form of barrier arise out of operational failures such as technical
failure or mismanagement. Legal risk is type of obstacle arise out of legal constraints such as
lawsuits. Whenever project manager need to face financial losses out of legal procedure, it is
legal risk.
In regards to legal risk, management must conduct each and every activity under legal
procedures and policies that help to achieve desired project aim.
In context of financial risk within project management settings, authority need to
create plan according to allotted budget and arrange everything accordingly.
Method to assure a project is successfully completed
There are varied approaches accessible in market that can be used to assure a project
is successfully completed. In context of management project, monitoring would be taken to
ensure success of project (Kerzner, 2017). It is continual observation and recording of tasks
or each activity taking place in project. It considered as one of the best procedure of routinely
collecting data or info on all aspects of assignment. Reporting through this process enables
collecting information to be utilized in making decision for improving project actions as well
as performance.
Gantt chart and critical path
Task Mode Task Name Duration Start Finish Predecessors
Auto Scheduled a 7 wks Mon 6/1/20 Fri 7/17/20
Auto Scheduled b 4 wks Mon
7/20/20 Fri 8/14/20 1
Auto Scheduled c 3 wks Mon
8/17/20 Fri 9/4/20 2

Auto Scheduled d 6 wks Mon
8/17/20 Fri 9/25/20 2
Auto Scheduled e 4 wks Mon 9/7/20 Fri 10/2/20 3
Auto Scheduled f 7 wks Mon
9/28/20 Fri 11/13/20 4
It may take 217 days for this project to finish.
TASK 2
Time plan
Task
Mode Task Name Duration Start Finish Predecessors
Manually
Scheduled Initiation 38 Days Wed 6/3/20 Fri 7/24/20
Auto
Scheduled Developing The Team 16 Days Wed 6/3/20 Wed 6/24/20
Auto
Scheduled
Assignment Of Various
Role To Team Members 12 Days Thu 6/25/20 Fri 7/10/20 2

Auto
Scheduled
Identification Of Different
Roles 10 Days Mon 7/13/20 Fri 7/24/20 3
Auto
Scheduled Planning 38 Days Mon
7/27/20
Wed
9/16/20
Auto
Scheduled
Determination Of Project
Requirement 8 Days Mon 7/27/20 Wed 8/5/20 4
Auto
Scheduled Formulation Of Budget 9 Days Thu 8/6/20 Tue 8/18/20 6
Auto
Scheduled
Charter Project
Preparation 8 Days Wed 8/19/20 Fri 8/28/20 7
Auto
Scheduled
Critical Factor
Identification 13 Days Mon 8/31/20 Wed 9/16/20 8
Auto
Scheduled Execution 33 Days Thu 9/17/20 Mon
11/2/20
Auto
Scheduled Employee Training 10 Days Thu 9/17/20 Wed 9/30/20 9
Auto
Scheduled Allotment Of Resources 10 Days Thu 10/1/20 Wed
10/14/20 11,9
Auto
Scheduled
Performance Management
Cost 4 Days Thu
10/15/20
Tue
10/20/20 12
Auto
Scheduled
Performance Quality
Management 9 Days Wed
10/21/20 Mon 11/2/20 13
Auto
Scheduled Monitoring 26 Days Tue 11/3/20 Tue 12/8/20
Auto
Scheduled Test Conduction 5 Days Tue 11/3/20 Mon 11/9/20 14
Auto
Scheduled Identification Of Bugs 5 Days Tue
11/10/20
Mon
11/16/20 16
Auto
Scheduled Managing The Risk 6 Days Tue
11/17/20
Tue
11/24/20 17
Auto
Scheduled
Selection Of Tool For
Monitoring Of The Project 10 Days Wed
11/25/20 Tue 12/8/20 18
Auto
Scheduled Closure 15 Days Wed
12/9/20
Tue
12/29/20
Auto
Scheduled
Compatibility
Identification 8 Days Wed 12/9/20 Fri 12/18/20 19
Auto Project Review 5 Days Mon Fri 12/25/20 21

Scheduled 12/21/20
Auto
Scheduled
Suggestion For
Improvement 2 Days Mon
12/28/20
Tue
12/29/20 22

Project planning and phase review
Resource plan
The resource plan will help the project in analysing that which resource and material are
required for the execution of the project (Kermanshachi, Rouhanizadeh and Dao, 2020).
Without resource and people handling the resource the project will not get successful. Thus,
for this at least 20 staff will be required to complete all the activities involved within the
project. The resources will require finance, technology, IT, management and other related
thing.
Work breakdown structure

TASK 2
Project Initiation
1.0 Introduction/ Background
In the rapidly changing environment and incorporation of new technology
all the sector organization is seeing good sort of the impact on their performance in the
long. Education industry is also changing and adopting new technology at the
InitiationPlanningExecutionClosure

workplace to improve the level of learning in the University (Zwikael, Meredith and
Smyrk, 2019)
. For the same reason Sunderland London Campus is looking to introduce 20 new
workstations on the second floor (Learning Space for student’s private study) and five
(5) new workstations to complement existing ones purposely for job searching in the
library
2.0 Project Aim
“To improve the level of learning for the student by changing the way of the learning in
the organization.
2.0 Project Objective
 To refurbish the library and the theatre room from ground floor to the second
floor in the University. To fit latest smart boards and interactive gadget that used to enhance
contemporary learning for the University.
3.0 Stakeholder
 Project Manager: Project manager will be the one in the organization who will
be providing the different guideline to the project team in the organization, at
the same time will assist the client with position of the project (de Oliveira and
RabechiniJr, 2019).
 Student: They are the one for whom the project will be developed in the
organization, project manager and project manager will take the opinion of
different student in making different project in the university. To improve the
efficiency of project.
 University Management: They are the one in the organization who will be
providing the different information to the project manager and project manager
will be making the different planning on the basis of the same in the project.
 Supplier: They are the one in the organization whom will be providing the
different raw material to the project team and on the basis of the same different

project will be developed in the organization.
 Project team: They are the most important category of the stakeholder in
context of project, as they are the one who will be carrying out the different
activity of the project efficiently at the workplace.
4.0 Target Audience
 There will be two categories of the Audience which will be targeted by the
project manager in context of this project in the organization. First target
customer will be the Student of the University, for the same reason project team
and the manager in the organization will make sure that project will able to
enhance the quality of the learning for the student.
 Another Audience will be the teacher or the professor in the University, as they
are the one who will be providing the different learning to the student with the
help of the new project so they are the one whom will be also targeted by the
project manager in the project (Tereso and et.al., 2019).
5.0 Scope
Looking at the scope of the project it can be said that these project in the organization
will open the wide area of the scope for the University, reason behind the same is that
the changes which organization is looking to bring in the Classroom are one of the
trending changes, this will eventually help the company in attracting the new bunch of
the student toward the University. Also it will help the University in improving the
level of learning in the organization which will help the University in improving the
position in the Industry.
6.0 Project Delivery
Project will be delivering the 25 refurbish room in the organization, in which 20 room
will be used by the University for the purpose of the Studies and the remaining 5 room
will be used in the organization for the purpose of job searching library.
Alternative
 Organization has to make sure that they are having alternate plan in context of
supplier from which the variety of the raw material can be procured. This
alternate plan will help the organization in getting ready for any of the future

uncertainty (Damnjanovic and Reinschmidt, 2020).
 Another alternate plan which has to be developed in the organization is human
resources involve in the organization, as employee turnover is common in
Project. This plan will help the organization in maintaining the efficiency of the
project in long run.
Planning of the project
Financial plan
The finance is the requirement of the money which is very essential for the company
to carry on the project. Without the money no activity of the execution of the project will be
carried on. Thus, the estimated budget for the project of Sun 20X20 is £8 million.
Quality plan
The major target of the project is to at least attract more of the readers to the new and
refurbished library of the company. Thus, the consumer will only get attracted if the services
being provided by the library is of good quality. The major quality control measure being
selected in the execution of the project is the use of setting up of standards (Meredith, Mantel
Jr and Shafer, 2017). This is basically because of the reason that when the standards are set
then the stakeholders are motivated towards the attainment of the aim of the project. Also, the
standard will help the employees in knowing the fact in advance that at least they have to
reach to that level.
Risk plan
There is always some or the other risk being attached with the completion of the project
which are like financial risk, operational, legal, environmental, reputational and many others.
The major strategies for the mitigation of the different risk are the proper market research
(Albuquerque, Torres and Berssaneti, 2020). This is necessary as there are many different
changes taking place in the external environment and with help of the market research the
project manager will be able to manage it in good and effective manner.
Acceptance plan