Project Management Report on Company Relocation to Banbury, UK

Verified

Added on  2019/12/04

|17
|5074
|151
Report
AI Summary
This report provides a comprehensive analysis of a company's relocation project from Central London to Banbury, Oxfordshire. It begins by identifying key projects necessary for a successful move, with a focus on establishing a Business Intelligence System (BIS) to meet objectives such as increased income, profitability, and improved IT systems. The report details a work breakdown structure for the BIS project and estimates required resources, including time, human resources, technology, and financial investments. It then evaluates the PRINCE2 methodology as a suitable project management approach, emphasizing its principles of justification, management by exception, and role allocation. The feasibility of the BIS project is assessed, highlighting its potential to improve efficiency, reduce costs, and enhance technological capabilities. The report further outlines the structure for managing the project, defines the roles and responsibilities of a project manager, and provides a job description and person specification for the role. A detailed project plan is presented, including a Gantt chart outlining tasks, durations, and dependencies. The report also assesses alternative project team structures, designs processes for quality management and change requests, and identifies potential issues and risks, particularly in the final stages. Finally, it discusses monitoring, appraising project status, and managing issues that arise during the project, including the tasks needed to be completed in the final stages.
Document Page
PROJECT
MANAGEMENT
1
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
TABLE OF CONTENTS
Introduction......................................................................................................................................4
Activity 1.........................................................................................................................................4
1.1 Identification of the projects which will be needed to successfully carry out the relocation4
1.2 Sub divisions and estimates of the resources needed to complete one of these projects......4
Activity 2.........................................................................................................................................6
1.3 Describing and evaluating a suitable methodology for your chosen project........................6
1.4 Assessing the feasibility of this project.................................................................................6
2.1 Structure for the management and administration of the project..........................................7
2.2 Defining the roles and responsibilities of staff who will manage this project, producing a job
description and person specification for a Project Manager.......................................................7
3.2 Job description and person specifications for a project manager .........................................8
ACTIVITY 3 ...................................................................................................................................8
2.3 Project plan ...........................................................................................................................8
ACTIVITY 4..................................................................................................................................10
3.1 Assessment of alternative project team structure ...............................................................10
3.3 Designing of process for quality management of the project .............................................11
3.4 Process to manage project change request .........................................................................11
ACTIVITY 5..................................................................................................................................12
4.1 Issues and risks that may impede a project.........................................................................12
4.2 Issues and risk likely to be encountered in the final stage of a project...............................13
4.3 Designing of monitoring and appraising the status of a project..........................................13
5.1 Detecting and managing issues arising in the course of projects .......................................14
ACTIVITY 6..................................................................................................................................15
5.2 Assessment of the tasks needed to be completed in the final stages of a project................15
CONCLUSION .............................................................................................................................15
References......................................................................................................................................16
2
Document Page
INTRODUCTION
Project management means application of knowledge and skills for accomplishing different
activities for managing a specific project and to attain precise objectives of an organization. The
current study is based on managing project of relocation of a company that is based in Center of
London and wants to relocate its business operations to the area around Banbury, Oxfordshire in
order to reduce the costs (Dey, Clegg and Bennett, 2010). Study will describe an appropriate project
plan including number of activities for attaining this objective. It will also comprise of different
tools and techniques of project management. Further, it will monitor and control different tasks of
project plan for measuring the final performance of project.
ACTIVITY 1
1.1 Identification of the projects which will be needed to successfully carry out the relocation
As per the given information, there is a company which is based in Center of London and
wants to relocate its business operations for attaining specific objectives such as growth of income
by 10%, increment in profitability of the organization, retaining the business earning capacity,
improving the quality, improving its IT system and minimizing the costs of human resources
(Andersen, Dysvik and Vaagaasar, 2009). All these objectives can be easily satisfied with the
relocation projects. Along with this, following projects must be carried out to deliver the move to
new premises:
11 International expansion of business
1
1 Developing a new transaction Processing System
1
1 Introducing a new Electronic Customer Relationship Management System (Azimi and et.al.,
2011)
1
1 Constructing a new building at different locations
1
1 Establishment of Business Intelligence System (BIS)
1
1 Implementation of Total Quality management system
1.2 Sub divisions and estimates of resources needed to complete one of these projects
As per the above discussion, there are number of projects by which organization can
relocate its business at different locations as well as these projects help in attaining the objectives in
an effective manner (Martin and Guerin, 2006). But, in all of these projects, Establishment of
Business Intelligence System (BIS) will be the most appropriate for accomplishing all these
objectives. It plays an important role in increasing the sales, profitability and quality of
organization. Along with this, it helps in reducing the manual work and operations of company by
3
Document Page
which firm can easily reduce the labour cost. Further, it will also help in improving the earning
capacity of organization. It leads to improvement in the technological advancement of firm also.
Overall, it is one of the best projects for satisfying all the objectives in an appropriate way. So,
company of Center of London needs to establish a new BIS system for relocating its business
operations to Banbury (Kloppenborg, 2011).
Subdivision of the project (work Breakdown structure):
Subdivision of this project can be easily presented by the work break down structure of
different tasks of the project which is as follows:
Figure 1: Work breakdown structure
4
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Estimation of the resources needs to complete:
Along with this, development of BIS system is a big project for organization so; it will
require the following resources:ï‚· Time: Relocation project will be completed in approximately 4 months.ï‚· Human resources: For completing this project in an effective manner, organization will
have different personnel with appropriate skills and knowledge such as project manager,
system engineer, quality analyst, financial manager and administrator, etc.ï‚· Technological resources: This project is relevant to the relocation and information
technology. So, it will require number of technical sources such as computer system,
hardware, software, internet, etc. (Chiu-Chi and et.al, 2013).
ï‚· Financial resources (cost): For establishing BIS system and relocating business at different
locations, organization of Centre of London will require appropriate £100000. So, for
raising financial capital, organization needs to use appropriate sources of funds in an
effective manner.
ACTIVITY 2
1.3 Describing and evaluating a suitable methodology for your chosen project
Prince 2 Methodology:
Project-management methodology PRINCE2 encompasses quality management, control and
organization of a project with specific objectives. It can be used by the project manager for
managing different information technological projects of a firm. It is based on some basic principles
such as organization needs to provide appropriate justification for BIS project. Along with this,
management by exception is another principle of this methodology which helps in business
intelligence system. Along with this, before starting this project, manager needs to learn from the
past experience of similar types of projects. As per this methodology, project manager needs to
allocate the roles and responsibilities as per the skills and knowledge of employees (Stibel, 2011).
Along with this, manager needs to manage each and every stage of project plan in an effective
manner which will help in managing the entire project on time. Along with this, project manager
needs to focus on the final product which means BIS system rather than other things. Therefore,
Core principles of Prince 2 Methodology play an important role in completing the entire project
within stipulated time period.
1.4 Assessing the feasibility of this project
Development of BIS system will be feasible for attaining all these objectives of organization
at the time of relocating business at different locations. BIS system is beneficial for improving
5
Document Page
efficiency and proficiency of different business operations that will raise the organizational
performance effectually. Along with this, business intelligence system helps in implementing new
and the latest technologies in different activities of organization by which company can attract
number of customers. It will raise the total income and financial performance of enterprise.
Including this, BIS system is also feasible for reducing the cost which plays an important role in
increasing the income and profitability of business. Along with this, BIS system reduces the
requirements of labors because it reduces the manual operations of company (Levy, 2009).
Therefore, it is also feasible for minimizing the total labor cost of firm. Consequently, development
of BIS system is one of the most feasible projects for attaining all the objectives of firm which
wants to relocate its business at Banbury.
2.1 Structure for the management and administration of the project
Structure of management and administration plays an important role in managing the entire
project effectually. It is also beneficial for increasing the speed for completing each and every task
(Hobbs, 2009). There are number of personnel for managing this project so, structure of
management and administration of the project of BIS system is as follows:
Figure 2: Structure for the management and administration of BIS project
2.2 Defining the roles and responsibilities of staff who will manage this project, producing a job
description and person specification for a Project Manager
Roles and responsibilities of project manager:
ï‚· Manager of this project is accountable for defining scope and feasibility of the project for
organization.
ï‚· Developing the most appropriate plan for BIS system.
ï‚· Allocating resources at different activities is also one of the major responsibilities.
6
Document Page
ï‚· Project manager plays an important role in estimating the cost and budget for whole project.
ï‚· Analysis and management of the associated risk of project is the main responsibility of
project manager (Schiff, 2012).
ï‚· Project manager is accountable for evaluating and measuring the progress of project on
regular basis for attaining the specific objectives of organization.
3.2 Job description and person specifications for a project manager
Job specification for project manager:
Organization’s name: Company based in Center of London
Types of industry: UK industry
Job designation: Project manager
Location: Banbury
Reporting authority: Sr. Manager of Organization
Roles and responsibilities: Defining scope and feasibility of the project, Developing project
plan, Allocating resources, Estimating cost and budget, Risk analysis and management,
Evaluating and measuring the project progress.
Last date for application: 21st May 2015
Interview date: 30th May 2015
Person Specification for project manager:
Educational qualification: Post graduation in operation and project management (MBA in
PM) / Masters in operation research
Employment conditions: Agreed to work in both shifts (8 hrs working)
Required demographics:
1. Age: 25 to 40 years
2. Gender: Male and female can apply
Skills and abilities: Operation and project management skills, project management skills,
leadership qualities, human resource management skills, communication and motivation skills as
well as decision making and problem solving attitude (Darren, 2012).
Work experience: Required minimum 3 years experience for working in the project
management domain.
7
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
ACTIVITY 3
2.3 Project plan
Task Name Duration Start Finish Predecessors
BIS system development 68 days Wed
4/13/16
Fri 7/15/16
Planning Phase 15 days Wed
4/13/16
Tue 5/3/16
Review of existing IT project 4 days Wed
4/13/16
Mon
4/18/16
Prioritizing of the needs 3 days Tue 4/19/16 Thu 4/21/16 3
Allocation of resources 5 days Fri 4/22/16 Thu 4/28/16 4
Team development 3 days Fri 4/29/16 Tue 5/3/16 5
Implanting Phase 17 days Fri 4/29/16 Mon
5/23/16
Specification details 4 days Fri 4/29/16 Wed 5/4/16 5
Checking compatibility 4 days Wed 5/4/16 Mon 5/9/16 6
Designing of database 5 days Tue 5/10/16 Mon
5/16/16
8,9
System process development 5 days Tue 5/17/16 Mon
5/23/16
10
Testing Phase 19 days Tue 5/24/16 Fri 6/17/16
Code testing 2 days Tue 5/24/16 Wed
5/25/16
11
Testing the system 2 days Thu 5/26/16 Fri 5/27/16 13
Installation 5 days Mon
5/30/16
Fri 6/3/16 14
Feedbacks from management 5 days Mon 6/6/16 Fri 6/10/16 15
Improvement stage 5 days Mon
6/13/16
Fri 6/17/16 16
Monitoring and controlling Phase 20 days Mon
6/20/16
Fri 7/15/16
Finding the loopholes 5 days Mon
6/20/16
Fri 6/24/16 17
8
Document Page
Removing them 10 days Mon
6/27/16
Fri 7/8/16 19
Maintenance 5 days Mon
7/11/16
Fri 7/15/16 20
Critical path Critical Duration
3- 4-5-6-9-10-11-13-14-15-16-17-19-20-21 68 days
9
Document Page
ACTIVITY 4
3.1 Assessment of alternative project team structure
The assessment process shows that there are some risks relate to BIS project plan such as
lack of knowledge, experience, unable to use software, leaving of staff members, unsupportive
management etc. Structure for the proposed project team is Project Based Organizational Structure
because under this, an independent project team has created. Along with this, it has completely
separated from the other units of organization. On the other hand, another reason of choosing the
following organizational structure is that it has avoided multiple leadership in a team and the team
members have shared common project goals as well as they have clear responsibilities. On such
type of problems, it is important to make an alternative project team structure which is as follows:
Team members Roles and responsibilities
CEO of Consultancy Firm Project manager
Operation manager Resource allocator
Technical staff System developer and maintenance
IT manager Quality analyst
3.3 Designing of process for quality management of the project
The steps of designing of process for quality management of BIS project is as follows:
Find company goals: Project manager will determine the goals, objectives, mission and
vision of Client Company. On the basis of this, the needs of the user can understand and develop
quality standards.
Set critical success factors: Here, to make quality management more successful, it requires
setting some critical success factors. For BIS project, the quality management process success
elements will be good technical knowledge, right skills to use the software, employee satisfaction
etc.
Determine areas for managing quality: On the basis of success factors, some quality
management areas will be explored. By reviewing project plan of BIS system, the quality issues and
mitigation action will determine.
Measure outcomes: By organizing meetings with quality analysts, project manager will able
to take updates about BIS project time to time. Along with this, Quality audits and trails of the
10
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
system will help in managing quality of new system.
All these processes for quality management of proposed project help in achieving the scope
of work. It has ensured about the achievement of stability and reliability of techniques, resources
and equipment which will be used in the proposed project. Along with this, it has met the
satisfaction level of client by accomplishing their requirements.
3.4 Process to manage project change request
If there are some modifications or change request in the existing BIS project plan than it is
important to manage those change request. The process of managing project change request is as
follows:
Determine the scope of the change: Under this stage, project manager will explore scope of
new changes, their impacts on key stakeholders as well as on existing project plan. On the basis of
evaluation process, it will become easy to find out that new modifications are worth full or not.
Determine the scope of incorporating changes: Here, impact of new changes in BIS project
plan on scheduling, budget, resources and other aspects will be determined. After this, a Change
Request Form will be develop that will include various information about needs of alteration.
Illustration 1: Managing change request process
(Source: Kumar, 2012)
11
Document Page
Gain approval or rejection of the changes: The change request form will send to project
change control board for the approval. This process will either take few days or few weeks.
Communicate the changes and implement approved change request: After getting the
approval from project change control board regarding the changes within BIS plan, the new
modifications will be make in existing plan and communicate them to all project team members.
ACTIVITY 5
4.1 Issues and risks that may impede a project
Issues and risks in BIS project that may impede the project are as follows:
Issues Explanations
Technical It defines technological problem in a project because break down in
machines or use of outdated techniques during BIS project may be an issue
for the proposed work.
Change management This may be an issue for the project because it is possible that some
changes at the implanting stage may not be managed in an effective
manner and would affect the final outcome of work.
Risk Explanations
Project creeps It is defined as an uncontrollable change in the project’s scope and it
occurs due to improper defining of project scope and its documentation. It
may impede BIS project in terms of non completion of the work within
given constraints as well as it would affect the deliverables.
Gap in the scope of
the project
It may be an issue for BIS project because it is possible that project
manager would become unable to make coordination between actual and
expected project’s scope. This situation increases the probability of failure
of project plan.
Delays Due to various reasons such as unavailability of resources, lack of skills,
breakdown of machines, unable to take right decisions on right time, there
may be delay in BIS project. It may hinder the growth of project plan and
will affect the deliverables as well.
4.2 Issues and risk likely to be encountered in the final stage of a project
Exist of IT expert: In final stage, there is a chance of leaving of IT expert in last stage of BIS
12
chevron_up_icon
1 out of 17
circle_padding
hide_on_mobile
zoom_out_icon
[object Object]