This website uses cookies to ensure you have the best experience. Learn more

Project Management Essay

3723 words - 15 pages

Scenario: You are employed as an Office manager in London that provides services around the world in the area of management development. You were asked by the Managing Director to lead the relocation of your company to Banbury, Oxfordshire in order to reduce costs.

Project Title: Relocation to Banbury- Oxfordshire.
Project management is managing a work project by proper scheduling and planning. Project management wants harmonization from the top to the bottom and they are all oriented on what essentials to be fixed in the business.
Business objectives that should be maintained during the relocation project
• The target of business income, which is 10% growth annually.
• Decreasing ...view middle of the document...

The WBS chart represents the different stages of the project from initiation to the closure of the project and its different levels and elements (Westland, 2003).

Project divisions: figure: 2
The figure shows the different stages of the project, which are,
1. Project initiation
2. Planning
3. Execution
4. Controlling
5. Closing

Activity 2
HANDBOOK FOR PROJECT MANAGEMENT
(Relocation to Banbury- Oxfordshire from 1st July to 16st July)

Table of Content:
2.1 Description and assessment of appropriate procedure for the chosen projects
1

2.2 Assessments of the feasibility of this project 2

2.3 Structure for the administration management of the project 3

2.4 Project management hierarchy:
The responsibilities and roles of staff who manages the project 4

2.5 Job description and person specification for a Project
Manager.

2.1 Description and evaluation of suitable methodology for chosen project.

PRINCE2 (Projects IN Controlled Environments) is a process-based technique for operational project management. It is also a structural project management methodology and manages the projects in an organised and logical way, which allows flexibility and minimizes the errors and time delays. (ILX, 2013),

It gives attention on business justification
A Perfectly outlined organisation structure for the team who manages the project
Deals with a product-based planning attitude
Stress on distributing the project into convenient and controllable phases
Flexibility that can be functional at a level suitable to the project
Prince2 is selected to aid for the relocation project in order to upkeep the control of resources and ability to manage the risk factors more effectively within the directions of the business heads.
PROJECT CONTROLS:
1. Design, Scheduling & Reporting of the project.
2. Value analysis and management
3. Cost estimation and management
4. Change management and control
5. Quality and benefits.
6. Scope Statement is used to sketch the outcomes the project.
7. Risks and delay management: calculate the risks. This detail should be calculated to approximate values before commencing the actual project

Starting up a project: The activities are, appointing the board, design and planning the next initiation stage.
Initiating the project: The key factors like planning quality, scheduling, filtering the risks with and setting up the project initiation document.
Directing the project: Authorization of stages and project closure and giving direction.
Controlling a stage: According to PRINCE2 directions, the whole project should be broken down to several work packages and in this stage dictates how each of them should be controlled.
Managing Stage Boundaries: Planning a stage and updating the plan, revising the risk register; reporting phase conclusion;...

Other Papers Like Project Management

Project Management Essay

1922 words - 8 pages of staff ➢ Old system can only be removed when new system is installed 2. Methodology In this section I shall outline the project consideration to clearly illustrate to Management the cost and time implication as actually reflected by the project. This, through the baseline plan and the alternate baseline plan, will give the Management the opportunity to appreciate the benefits that can be reaped from implementing the project. 2.1

Project Management Essay

4471 words - 18 pages .: Globa1 Innovation's Challenges application in many less-developed markets. But in an effort to cut costs, the filtration unit's previous management had decided to abandon the collaboration a year earlier. After reviewing the technology, Vyas became convinced that this had been a mistake and encouraged his evaluation team to pursue the project. Working closely with the ITC technologists, the team concluded that the oxidation technology was the most

Project Management & Revenue Management

684 words - 3 pages Project Management Question I: (Discussion and Review Questions No.6) What is a work breakdown structure, and how is it useful for project planning? Work breakdown structure (WBS) – a hierarchical listing of what must be done during a project. It is useful due to the fact that large projects usually involve a very large number of activities, planners need some way to determine exactly what will need to be done so that they can

Project Management First Assingment

726 words - 3 pages hierarchical order the person who has ordered, can't tell his or her idea. The ability of management is derived from the power of the position not from management. However the project management mostly depends on soft skills - consensus building, relationships, listening, and understanding, taking the team along with you willingly than dragging them along with you. I think that qualities of the project management makes it more suitable than traditional

Project Management Techniques

2927 words - 12 pages training shall be provided during erection, commissioning and the trial operation period. A non-clearly defined Project scope , that is not aligned with organization goals , objectives value , strategy ,structure and stuff will lead to inaccurate estimation of cost and time that will cause an overrun in schedule and budget (Improving your project management ,second edition ,p27) Add more quotes for the importance of scope management Exclusions

Project Management Assign 1

1109 words - 5 pages Research and read an article on recent recipients of the project management institute’s project of the year award (2013 PMI winners – Adelaide Desalination Project). Summarize how the project manager or team exhibited exceptional and ethical project management practices. Discuss the role of the project manager or team, the organizational setting, the recipient’s approach to project integration management, and obstacles that had the potential of

Pmo In Project Management

527 words - 3 pages is an essential element in project planning and project management. It should be created by project team not only project managers. Project team should use WBS as baseline for the project. Do you think your organization uses it effectively? Please provide support or reasons for your answer./ Do you think this is an effective method? Why or why not? How would you improve it? I think WBS is perfect method .The WBS provides the project manager

Project Risk Management

796 words - 4 pages "Project Risk Management" Please respond to the following: * Describe some of the tools and techniques that you can use as a project manager to mitigate risk in your projects. Support your response. * Provide realistic examples of each of the risk response strategies for both negative and positive risks. According to Schwalbe, risks can be assessed qualitatively or quantitatively. Tools for qualitative risk analysis include a

Role Of Project Management Information Systems In Project Management

2073 words - 9 pages ROLE OF PROJECT MANAGEMENT INFORMATION SYSTEMS IN PROJECT MANAGEMENT. INTRODUCTION 1. Background of Management Information Systems The concept of Management information system (MIS) has been in existence as early as the 19th Century. Works of majorly were in the form of tabulated cards which could be counted and sorted commonly referred to us punch – cards. The punch-cards still remembered by many, could capture elements of information

Project, Operation, & Information Systems Management

1816 words - 8 pages Through effective use of operations management, project management, and information systems management Ohio Star forge will be able to ensure that expanding into a larger automotive ball bearing market will add value for the stakeholder. Operations management is critical to securing the needed resources from their parent company Daido Steel. Project management is essential to ensure that all resources will be used efficiently. Finally

Inventory Management System Project Proposal

4132 words - 17 pages to the proposal approved by the IT management Board, the proposed system would take at least three months to complete before implementation is done. The whole project would cost $1,500,000 to complete and implement. Some of the limitations as per the proposal included lack of enough capacity within the current PCs in use to accommodate the new system and so an upgrade to all the PCs was suggested. The user level of information was also to be

Related Essays

Project Management Essay

1194 words - 5 pages The Processes of Project Procurement Derrick A. Gardner University of Maryland University College PMAN 641 March 1, 2015 Project procurement management is an overall process that identifies and acquires the necessary products and services to successful support the development or the ongoing work of a project. Typically, it is the project managers responsibility to oversee the entire procurement process. However, in some instances, the

Project Management Essay 450 Words

450 words - 2 pages = management indulgence, level of exposure v. Performance: Delivering value? How much is it costing to for physical progress? vi. Forecasting: Effect of productivity on both planned completion dates and financial budgets for delivering them vii. Cash Flow: Financing f the project. Cost or saving associated with actual cash flows need to appear in the committed cost analysis. viii. Unresolved issues/actions

Project Management Essay 417 Words

417 words - 2 pages Marks Half page reflection about the importance project communication meetings for successful information technology projects and your opinion on this topic. Question 1.2 5 Marks You are employed at DataCentrix Company as Project Manager, elaborate on why many I.T professionals may overlook project cost management and how this might affect completing projects within the initial budget. Question 1.3 15 Marks Find someone who works as a

Project Management Essay 4424 Words

4424 words - 18 pages at the new Dubai headquarters the cabin crewmembers and the pilot must get their new job on the priority basis. * As an independent external Project Management Consultant my task is to develop a strategic project plan by assessing project feasibility, selecting and applying project planning tools, providing a monitoring and control structure and including risk reduction plan