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6012SSL - Project Management For Business Coursework 1
6012SSL - Project Management For Business Coursework 1
INTRODUCTION...............................................................................................................2
I. Introduction..............................................................................................................2
CONCLUSION.................................................................................................................12
References.......................................................................................................................13
Appendix 1.......................................................................................................................15
Appendix 2.......................................................................................................................16
Appendix 3.......................................................................................................................17
Appendix 4.......................................................................................................................18
1
INTRODUCTION
This report contains two parts, with part one requiring the preparation of a Project
Initiation Document (PID) based on the appropriate project management theory and
framework, to presentation to the Project Donor. Specifically, the purpose of this
document is to consider aspects such as project scope statement, including a Work
Breakdown Structure (WBS); project schedule including a Gantt chart and project
milestones. Initial stakeholder assessment, initial risk assessment and the response
strategies will also be included in this report. Part two deals with assessing current
issues in project management, particularly the challenges and difficulties of project
management.
This project is concerned with the installation of ten new wind turbines, at a cost of £1
million for each wind turbine, with the wind turbines located directly off the North East
coast of England and open to all weather conditions. The project concerns the
installation of ten new wind turbines that located directly off the North East coast of
England and withstand all weather, with a cost of £ 1 million for each wind turbine. They
will power a new £ 50 million government-funded business park that creates 30,000
jobs in the North East of England. The enterprise park will be handover and ready for
use by January 2021.
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II. Project Scope Statement
Inclusions Clean up construction site before starting the project.
Signing contracts with client and contractors.
Approving legal documents and licenses.
Recruitment and training of personnel.
Determine and survey the construction site.
Designing turbines and engineering system.
Carry out the process of building and installing turbines.
Managing and monitoring project progress from
commencement to handover.
Exclusions Working from Monday to Sunday, from 8am to 5:30 pm.
Working during breaks is unpaid.
Clean up after completing project.
Assumption Project team members will complete their tasks on time.
Materials will be delivered in full and on time for favorable
construction.
Materials and costs will not change throughout the
project.
Equipment and machinery will work well throughout the
project.
The weather is favorable for construction.
The project was deployed according to the plan and
handed over on time.
The project cost is in line with the original budget.
Objectives Completed on time by January 2021 and the cost to install 10
new wind turbines will cost £ 1 million per turbine.
Deliverables Survey of construction site, analysis and measurement
report document and documents required for project
management.
Design drawing of new wind turbines.
WBS, Gantt chart, Resource Chart and PERT.
3
Installation of 10 wind turbines in intended location with
the cost not exceeding expected should be completed on
schedule.
Constraints Completing on schedule that the project outlined and on
time for each process in the project. The project must be
completed before or in January 2021.
Cost of completing project should not exceed the
budget's scope.
Acceptable level of risk is low to medium.
Due to several factors like COVID-19 pandemic, weather
etc. resulting in a lack of budgets and time consuming
than intended.
Table 1: The Scope Management of Project.
Based on the above analysis, it can be seen that project scope helps project go in the
right direction, ensure its completion on time and avoid wasting time as well as costs.
4
that project manager must consider are internal and external stakeholders [ CITATION
Jef13 \l 1033 ].
5
High Keep satisfied Manage closely
Banks Client
Functional manager
Government
Project manager
Power
Monitor Keep informed
Low
Stakeholders Recommendations
High power – Low interest Need to be kept informed about what's going on in the
project. Although they may not be interested in the
results, need to be handled with caution as they can use
their power in a negative way if they become
dissatisfied.
High power – High interest These people are the people who have a great
responsibility throughout the project. Their requirements
need to be met and satisfied. It is essential to please
them.
Low power – Low interest Monitoring and informing of ongoing construction site
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activities, changes or phases of project through the
website, social network or advertising.
Low power – High interest Stay informed and talk to them to make sure no major
problems arise.
Table 3: Recommendations for the management of stakeholders.
Based on the figure above, the project risks, the risk factor calculation and categorize
along with response strategy will be discussed in the table below.
7
Stealing materials RF=2*2=4. Risk Ask contractor to equip
from the Categorize: Low reduction monitoring equipment,
construction site or camera, etc.
breaking into due to
insufficient security.
Weather conditions RF=1*4=4 Risk Ask contractor to buy
cause machinery to Categorize: Low reduction insurance for equipment,
be easily damaged. materials, machinery.
Supplier does not RF=4*3=12 Risk Insert penalty clause in
deliver on time. Categorize: Medium acceptance contract with supplier and
add extra time to project
plan after date told to
supplier.
Transporting the RF=3*5=15 Risk Buy insurance for each
device with Categorize: Medium reduction material, monitor delivery
problems will slow and receipt carefully.
down the
installation or
damage the device.
Improper design RF=1*4=4 Risk Verification and evaluation
affects the quality Categorize: Low reduction of the design.
of the work,
resulting in project
costs.
Arising of RF=2*2=4 Risk Since the investor has
unspecified masses Categorize: Low transfer accepted to pay the
from the design, contractor a sum of
which increases the money to perform the
cost of the project. works within the scope of
work, the risk is
transferred completely to
the contractor. The
contractor is solely
8
responsible for the scope
of the incurred work if their
initial estimate is
insufficient.
It is not possible or RF=2*4=8 Risk Designing special
guaranteed to Categorize: Low avoidance construction methods
perform well the suitable for the work
construction and requirements.
installation of
equipment by
conventional
technologies.
Increasing the RF=3*4=12 Risk Arrange a contingency
prices of parts and Categorize: Medium acceptance expense.
materials leads to , risk
increasing the reduction.
operational costs of
the project.
Improper use of the RF=4*5=20 Risk Design and implement
device causes Categorize: High reduction measures to ensure
injury. occupational safety.
Table 4: Risk Assessment and Response Strategy of project.
9
PART TWO – EVALUATE CURRENT ISSUES IN PROJECT
MANAGEMENT
In today's competitive environment, to achieve their goals, companies rely more and
more on information systems. According to Kroenke [ CITATION Kro08 \l 1033 ], the
Information System (IS) as the combination and operation between information
technology and human skill management to achieve high business efficiency. As project
management is integrated into the development of information systems, it contributes to
an increase in the usefulness and productivity of business operations and interactions
with the organization's limited resources [ CITATION Cad04 \l 1033 ].
In the stage of project formation, there are always difficulties as well as challenges in
implementing information system projects such as:
It is often a challenge and a difficulty for the organization to find the right software to
handle the project. Specifically, project management through manual methods, Excel,
Google Sheet and messaging apps can be ineffective and lead to inadequacies such as
clutter, lack of transparency, inability to update and real time notifications, and no the
ability to balance work among members, etc. [ CITATION Hoa20 \l 1033 ]. All of these
things take the manager's time to arrange work, urge employees or update and report
on project progress. The cause of this problem lies in the way project management is
not really optimal. Therefore, finding a suitable project management software is
essential for organizations, helping to resolve these shortcomings and saving manager
time. So, some software that organizations can consider such as ERP Solution,
CeHuman Human Resource Management Software, Accounting Software CeAC online
math, etc. [ CITATION CMC18 \l 1033 ].
According to Benjamin and Blunt [ CITATION Ben12 \l 1033 ] and Lederer [ CITATION
Led13 \l 1033 ], capital is a major obstacle and challenge that organizations face in the
IS development process. Sufficient finance is required to focus on technology to survive
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in today's increasingly technologically competitive business climate. Lack of capital can
lead to a number of problems such as inability to convert and upgrade to the latest
technology, inability to purchase hardware, software and other related components for
the upgrade, etc. resulting in an inability to improve the organization's performance.
Hence, the manager should setup a budget plan for the upgrade of modern technology.
Employees lack knowledge about the system was also called the challenge and
difficulty in information system development. Aged employees will often show no
interest in computer skills. Instead, only younger employees would be interested in that
job [ CITATION Ing14 \l 1033 ]. Not only that, human resources from rural areas still
have little knowledge about computers to handle IT departments as well as information
systems. In addition, organizations need to pay high salaries if they want to recruit
qualified or qualified personnel. It can be seen that any of the above interferes and
negatively affects the operation of the organization. Therefore, the organization should
train older staff or recruit young people interested in the job.
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CONCLUSION
Through the above analysis, the report presented all the inception documents that
RenewableCo provided, based on appropriate project management theory and
framework, to present to the Project Donor. Specifically, the report clearly stated the
project scope statement, including a Work Breakdown Structure and the project
schedule including a Gantt chart and project milestones. An initial assessment of
stakeholders and recommendations as well as an initial assessment of risks and
response strategies has also been mentioned in this report. In addition, an assessment
of the challenges and difficulties of project management will help the organization
reduce risks and increase the chances of success in projects.
12
References
Alberts, I., 2014. Challenges of information system use by knowledge workers. [Online]
Available at: https://asistdl.onlinelibrary.wiley.com/doi/full/10.1002/meet.14505001089
[Accessed 1 January 2020].
Anh, H., 2020. How to choose the right project management software for your business.
[Online]
Available at: https://fastwork.vn/cach-chon-phan-mem-quan-ly-du-an-cho-doanh-nghiep/
[Accessed 10 1 2021].
Benjamin, R. &. B. J., 2012. Critical IT issues: the next ten years. Sloan Management,
p. 33.
Brafton, J., 2011. Understanding the difference between risk management and risk
assessment. [Online]
Available at: https://www.enviance.com/blog/understanding-the-difference-between-risk-
management-and-risk-assessment/#:~:text=The%20Journal%20of%20the
%20American,by%20which%20specific%20problems%20and
[Accessed 11 January 2020].
Cadle, J. &. Y. D., 2004. Project management for information systems. s.l.:Pearson
education.
13
CMC, 2018. TOP 5 software to help businesses manage effectively. [Online]
Available at: https://cmcsoft.com/tin-tuc/top-5-phan-mem-giup-doanh-nghiep-quan-ly-
hieu-qua.html
[Accessed 1 January 2020].
Lederer, A. L., 2013. The Information Systems Planning Process Meeting the
challenges of information systems planning. Strategic, p. 216.
Petersen, C., 2013. The Practical Guide to Project Management. 1st ed. s.l.:s.n.
VComply, 2017. How can risks be classified as per the Risk Assessment Matrix?.
[Online]
Available at: https://blog.v-comply.com/risk-assessment-matrix/
[Accessed 6 1 2021].
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Appendix 1
Work Breakdown Structure of Project
15
16
Appendix 2
Gantt chart of Project
17
Appendix 3
Resources chart of Project
18
Appendix 4
PERT chart of Project
19