MGT5PMT: Project Management & Implementation Plan for Storage Facility

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This assignment provides a comprehensive project management plan for the renovation of an Australian storage facility. It covers key aspects such as the implementation plan, detailing personal skills, requirement gathering, management style, authority, and attributes necessary for success. The management plan focuses on cost, time, and quality control, including strategies like regular meetings, progress monitoring, and project tracking. Furthermore, the document discusses project performance evaluation using quality, schedule, and financial metrics, as well as challenges resolving. Finally, it touches upon project closure, highlighting the importance of proper documentation and stakeholder communication. This assignment is designed to offer insights into effective project management practices for large-scale infrastructure projects.
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Running head: PROJECT MANAGEMENT
PROJECT MANAGEMENT
Name of the Student
Name of the University
Author Note
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Table of Contents
Implementation plan...................................................................................................................3
Management plan.......................................................................................................................4
Project performance evaluation..................................................................................................5
Project closure............................................................................................................................6
References..................................................................................................................................8
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3PROJECT MANAGEMENT
Implementation plan
“Australian storage facility” for the successful implementation should take into
consideration the following aspects, which are stated below:
Personal skills
The personal skills, which are related to the members of the team, can be considered
as a factor, which would be driving the project to success. The aspect of proper
communication, leadership role, management of the factors of risk and difficult time handling
can be considered few of the sectors, which need proper focus. The project manager have the
overall control, which is over the project member initiated to seeing the proper working of the
team, and helping them excel in different functionality related to the project. If the role,
which is played by the project manager, is done properly then a project can easily lead its
way towards the success. A project success can be defined by mainly two factor, one being
that the project is delivered in time with taking into consideration all the aspects of the project
and the project is within the budget during the delivery of the project. It can be stated here
that another sector, which the project manager has to take control, is the elimination of the
factors of the risk, which is associated with the normal working of the project. It can be stated
that the risk factors should be eliminated at a proper time so that the issues do not affect the
project’s overall working. In order to reach to the factor of success the project manager and
the team which is working under him should have the appropriate understanding of the
project management processes.
Requirement gathering
In order to make a project successful the requirement gathering of the project can be
considered a factor, which if not taken into consideration properly can lead to failure of the
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project. The scope of the project should be well defined so that the members or the workers
who are working into the project do not have any problem in understanding of the project.
The scope of the project mainly states that how the project should be executed and what is the
main goal of the project. The definition of the resources of the project should be done
properly so that the utilization of the resources are done according to the requirement of the
project and within the budget, which is always predefined. In recent times, technology is
playing a vital role in order to reduce the human labor; the team members should achieve
appropriate training in this context so that they can take advantage of the technological
aspects.
Management style
The management style of the project can be considered as one of the most important
factors, which can directly lead a project to success. It should be always seen that the
communication between the different levels of the workers should be appropriate so that the
project does not face any internal issue. It should be always taken into consideration that the
lower level workers can take advice from higher authority in any situation of problem so that
the problem can be eliminated. All the members of the project directly report to the project
manager and the project manager has the overall control of all the sectors, which are related
to the proper working of the project.
Authority or Rules
There are certain types of rule, which are applied in the concept of the project
management. The project manager and the team has to abide by the rules and work
accordingly (Eskerod, Huemann & Savage, 2015). Depending upon the size of the project the
project can be divided into divisions. This division is done so that the each of the divisions
can concentrate on a specific area of working. In most of the cases, it is seen that putting
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concentration in more than one area can affect the outcome of the project, for this purpose
specific team are allocated for specific types of job. In order to execute proper functionality
each of team work independently to reach to the level of success for the particular goals.
Attributes
In order to make the successful implementation of the “Australian Storage facility”
successful there are few attributes which play an important role. Some of the attributes in this
sector may include the definition of the different plans, which are related to the project. The
planning of the project can be considered very much important due to the factor that if
planning is not made appropriately it can directly lead to failure of the project. It can be stated
that according to the planning the overall working of the project is done. The main goal of the
planning is to deliver all the aspects of the project within the constraint of the time and
budget.
Management plan
The “Australian Storage Facility” can be managed properly if the following areas are
taken into consideration properly, the areas are stated below:
Cost: The factor of cost can be considered as one of the most important factors, which
are related to the planning as controlling the project which is related to the “Australian
Storage facility” with the budget (Chih & Zwikael, 2015). The activities, which can be
included into the aspect, are the budgeting, planning, financing, budgeting and managing so
that the overall project can be completed within the proposed budget. The concept of cost
management can be playing a role from the start of the project to the actual end of the project.
The main control measure, which can be stated according to the elimination of the problem
related to it, are achieving baseline budget, proper estimation of the cost as well as
establishing proper control measures into it. The actual cost, which is related to the project,
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should always be recoded and calculated at the end of each reporting to get a clear idea of the
overall budgeting of the project (Joslin & Müller, 2015).
Time: the factor of time can be considered as a factor which indicates the overall time
which would be spend in the actual implementation of the project. The proper execution of
the process, which is related to the time management, can help to increase the effectiveness
of the project (Eskerod, Huemann & Savage, 2015). In most of the cases projects fail to the
failure in the time constraint. Taking into consideration the “Australian tank facility”, it can
be stated that it is very much important to take into control the aspect of time and make use of
the technique and the tools. The sequencing of the activity, which are related to the project,
can be very much beneficial for the project to directly implement the things which are needed
into the working of the project. In this context it can be stated that a weekly review of the
process can be very much beneficial to look into the overall working of the project. The time
management concept can also be very much beneficial for the team members so that they
could have an idea on the time they have in hand and the job they have to perform in that
period (Chih & Zwikael, 2015).
Quality: the factor of quality can be considered as aspects, which takes into control in
the judgment of the project whether it is success, or not. The concept of quality management
mainly describes the different policies, creating quality planning and implementing as well as
taking control of the quality of the project. There are number of techniques and tools which
can be used for the concept of managing the quality of the project (Fernandes, Ward &
Araújo, 2015). Histogram are the type of bars charts that generally used for the depicting of
the distribution of the various variables over the period of time. On the other hand, it can be
stated that the Pareto can also be used for the concept of managing the quality of the project.
The concept of the Pareto chart is used for the concept of reflecting the probability of the
density as well as the function of the distribution (Eskerod, Huemann & Savage, 2015).
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The other steps which can be taken into consideration which helps in the aspect of
managing the Australian Storage facility are.
Arranging meeting: The project can be well managed by meeting arrangement on
regular basis (Joslin & Müller, 2015). If any sort of challenge or issue are faced within the
project then the issue factor can be mitigated by means of discussing proper steps for the
concept of mitigation of those challenges.
Monitoring progress: The aspect of the monitoring of the progress can be one of the
most significant steps, which helps in the concept of managing of the project. It is very much
important to invest time on the aspect of monitoring of the project for making sure that the
project is on track and is being executed in a proper manner (Chih & Zwikael, 2015).
Tracking project: The tracking of the project can be considered very much important
to take into consideration whether the project is working according to the norms and
conditions. The concept is very much effective in the aspect of helping the project to reach to
the desired goal. Project tracking also helps in reflecting of the challenges, which are
associated with the project so that the risk factors are mitigated properly (Calvo-Mora et al.,
2015)
Project performance evaluation
It can be stated that to directly determine the success of “Australian Storage Facility”
and the reach of the objectives, the performance indicators play a very vital role. The key
indicators can be considered as a model of the quantifiable measures, which help the process
of the evaluation of the project. It can be stated that is a type of performance measure, which
help in the identification of how the Australian Storage facility is performing. It can directly
stated whether the project objectives are reached or not. The factors, which can be included
into the concept of the performance indicators, are stated below:
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Quality metrics: to make the project, which is related to the Australian storage tank
the project manager, should take into consideration the aspect of quality of the project and
completion of the project within time and budget. If the factors of time, quality and budget is
maintained within the project then the project can be termed as a successful project. Proper
project management can be considered as one of the most important sectors and concern area
for the project manager (Badewi, 2016).
Schedule metrics: At the start of any project, an estimation of time is taken according
to which the overall working of the project is taken into consideration. If the project
completes within the time the project can be considered as a success and if the project
overrun then it can be considered as a failure. Schedule variance concept can be applied to
the project in order to check whether the project is completed on time or not. Another
advantage, which can be achieved from the concept of the schedule variance, is the factor of
depicting whether the project is running on time or not.
Financial metrics: The financial metrics mainly states whether the project is
completed within the budget, which is predefined at the start of the project. The factor of
budget and schedule variance are calculated periodically to check whether the project is
running in time or not. The project has accomplished all the goals can be stated by the aspect
of getting the overall budgeting scenario (Eskerod, Huemann & Savage, 2015).
Challenges resolving: If the project, which is taken into consideration in the report,
can mitigate the various risk, which are associated with the project then the project can be
considered as a successful project. This is due to the factor that the risk factors can be affect
the overall working of the project and it can also lead to project to direct failure. The failure if
not allowed to be included into the project and a proper planning is initiated into the project it
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can directly help the organization to make profit in more than one sector which can involve
the cost of the labor and the different other cost which can be related to the project.
Project closure
There are different factors, which can be taken into consideration when the aspect of
the project closure is taken into consideration. Few of the factors in this context are stated
below:
Releasing of the resources: The resources, which are used in the project, should be
released after the completion of the project. The aspect of the resource release is due
to the factor that these resources can be used in another project, which is of same
domain or same type. The resources sector play a very important role in the project,
this is due to the factor that extra allocation of the resources can directly affect the
overall expenditure of the project and the budget of the project (Too, E. G & Weaver,
2014).
Completing the paperwork: The paper work of the project can be considered one of
the important part of documentation of the project. The paper work is mainly done
due to the factor to take into consideration the entire problem and the issues, which
were faced in the internal working of the project. The focus point of the aspect is that
the paper work is always done by some of the exert in the field and who have worked
in the project. The paper work can also be beneficial in a way of providing a plan for
other project on how the working of a project should be done. In many cases, the
paper work may also include the cost related factors so that if there are any cost
overrun then it can be taken into consideration in which sector the overrun was done.
Post review of the project: The post review of the project is a sector which mainly
deals with the aspect that all the criteria of the project are meet or not. The factors,
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which are taken into consideration into the aspect, is the time and the cost factor. This
is due to the factor that the factor of the cost and time would be directly involved in
the project success factor. It can also be beneficial in a way of deciding whether the
objectives of the project are meet or not.
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References
Badewi, A. (2016). The impact of project management (PM) and benefits management (BM)
practices on project success: Towards developing a project benefits governance
framework. International Journal of Project Management, 34(4), 761-778.
Calvo-Mora, A., Navarro-García, A., & Periañez-Cristobal, R. (2015). Project to improve
knowledge management and key business results through the EFQM excellence
model. International Journal of Project Management, 33(8), 1638-1651.
Chih, Y. Y., & Zwikael, O. (2015). Project benefit management: A conceptual framework of
target benefit formulation. International Journal of Project Management, 33(2), 352-
362.
Conforto, E. C., Salum, F., Amaral, D. C., da Silva, S. L., & de Almeida, L. F. M. (2014).
Can agile project management be adopted by industries other than software
development?. Project Management Journal, 45(3), 21-34.
Costantino, F., Di Gravio, G., & Nonino, F. (2015). Project selection in project portfolio
management: An artificial neural network model based on critical success
factors. International Journal of Project Management, 33(8), 1744-1754.
Eskerod, P., Huemann, M., & Savage, G. (2015). Project stakeholder management—past and
present. Project Management Journal, 46(6), 6-14.
Fernandes, G., Ward, S., & Araújo, M. (2015). Improving and embedding project
management practice in organisations—A qualitative study. International Journal of
Project Management, 33(5), 1052-1067.
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Hornstein, H. A. (2015). The integration of project management and organizational change
management is now a necessity. International Journal of Project Management, 33(2),
291-298.
Joslin, R., & Müller, R. (2015). Relationships between a project management methodology
and project success in different project governance contexts. International Journal of
Project Management, 33(6), 1377-1392.
Kerzner, H. (2017). Project management metrics, KPIs, and dashboards: a guide to
measuring and monitoring project performance. John Wiley & Sons.
Kucharska, W., & Kowalczyk, R. (2016). Trust, Collaborative Culture and Tacit Knowledge
Sharing in Project Management–a Relationship Model.
Marcelino-Sádaba, S., Pérez-Ezcurdia, A., Lazcano, A. M. E., & Villanueva, P. (2014).
Project risk management methodology for small firms. International journal of
project management, 32(2), 327-340.
Mir, F. A., & Pinnington, A. H. (2014). Exploring the value of project management: linking
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management, 32(2), 202-217.
Pollack, J., & Adler, D. (2015). Emergent trends and passing fads in project management
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Sánchez, M. A. (2015). Integrating sustainability issues into project management. Journal of
Cleaner Production, 96, 319-330.
Schwalbe, K. (2015). Information technology project management. Cengage Learning.
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