Project Implementation Approach

 

Read the following scenario and address the steps that follow.

As an employee of a medium-sized company, you have worked on projects run by department heads with no formal project management training or education. Imagine you recently completed your first project management course. You have identified a process improvement project that, upon completion, will improve customer retention and help grow the business into a new market. As this is a process improvement project, there are many unknown factors, and the company possesses most of the expertise to complete this project. It is your goal to present this idea to your boss. Prior to doing so, you want to be prepared.

Use this scenario to address the following in 525 to 700 words.

Assess which development approach or life cycle best fits this project.
Evaluate the 2 key documents in the initiating phase that you will develop. These documents can help you present this idea to your boss. You can apply what you learned in class to prepare many of the key documents to be considered in the initiating and planning phase. By doing this, you hope to answer your boss’s questions and concerns to help her decide to support and fund this project.
Summarize 4 key deliverables that you would develop or deliver in the planning phase.
Summarize 4 key deliverables in the executing phase that you would develop or deliver.

Read the following scenario and address the steps that follow.

You are a business analyst for a project that is currently in the execution phase. It is an engineering project that has specific statements of work calling for parts, specifications, and acceptable tolerance levels, along with price, delivery, and other contracted terms. This project has a budget and schedule that is baselined and has a management reserve of 5%.

Use this scenario to address the following in 525 to 700 words

Evaluate the 4 key areas you will focus your efforts on when analyzing and monitoring the scope of the project.
Identify 3 monitoring activities or processes you would engage in to ensure product quality, cost, schedule, and risk run according to plan.
Identify 3 controlling activities or processes you would engage in to ensure product quality, cost, schedule, and risk run according to plan.
Identify 4 primary questions you will help answer in the closing phase.
Identify 4 activities you might engage in or documents you may help deliver in the closing phase.
Explain project termination for this engineering project. It will be integrated into the company’s existing product line manufacturing system once completed.

Sample Solution

Process Improvement Project

Asses which development approach or life cycle best fits this project.

In this case, an adaptive or agile development approach is best suited for this process improvement project due to the inherent uncertainties and unknowns involved. Adaptive approaches embrace adaptability and flexibility, allowing for continuous adjustment and refinement based on feedback and emerging insights throughout the project lifecycle.

Evaluate the 2 key documents in the initiating phase that you will develop.

  1. Project Charter: This document serves as the formal authorization for the project, outlining the project’s objectives, scope, deliverables, timeline, budget, and project team. It clearly defines the project’s purpose and its alignment with the company’s strategic goals.
  2. Business Case: This document provides a thorough financial analysis of the project, justifying its investment and expected return on investment (ROI). It quantifies the project’s potential benefits in terms of improved customer retention, increased revenue, and expanded market reach.

Summarize 4 key deliverables that you would develop or deliver in the planning phase.

  1. Detailed Project Scope: This document elaborates on the project’s scope, providing a comprehensive breakdown of all activities, tasks, and deliverables required to complete the project successfully. It ensures clarity and alignment among stakeholders.
  2. Project Schedule: This document outlines the project’s timeline, defining the start and end dates for each task and phase. It includes milestones and checkpoints to track progress and identify potential delays.
  3. Project Budget: This document details the estimated costs associated with the project, including labor, materials, equipment, and any other expenses. It provides a breakdown of costs by task and phase.
  4. Risk Management Plan: This document identifies potential risks that could impact the project’s success, assesses their likelihood and impact, and proposes mitigation strategies to minimize their effects. It promotes proactive risk management throughout the project lifecycle.

Summarize 4 key deliverables in the executing phase that you would develop or deliver.

  1. Status Reports: Regular status reports provide timely updates on the project’s progress, highlighting accomplishments, challenges faced, and any deviations from the plan. They keep stakeholders informed and engaged.
  2. Issue Log: An issue log documents and tracks any emerging issues or problems that arise during the project. It prioritizes issues based on their severity and identifies responsible parties for resolution.
  3. Change Management Plan: A change management plan outlines the process for evaluating, approving, and implementing any proposed changes to the project scope, schedule, or budget. It ensures controlled and consistent change management.
  4. Quality Assurance Plan: A quality assurance plan defines the steps and procedures to ensure the project’s deliverables meet the required quality standards. It includes testing methodologies, defect tracking, and corrective actions.

Essay 2: Engineering Project

Evaluate the 4 key areas you will focus your efforts on when analyzing and monitoring the scope of the project.

  1. Scope Baseline: Continuously compare the current project scope against the established baseline to identify any changes or potential deviations. Ensure that all modifications or additions to the scope are formally approved and reflected in the baseline.
  2. Scope Creep: Vigilantly monitor for scope creep, which occurs when additional features or requirements are introduced beyond the approved scope. Carefully evaluate the impact of any proposed scope changes on the project’s timeline, budget, and resource allocation.
  3. Stakeholder Communication: Maintain open and consistent communication with all project stakeholders, including the client, engineers, suppliers, and management. Ensure that everyone is informed of any scope changes and their implications.
  4. Scope Documentation: Regularly update and maintain documentation related to the project scope, including the statement of work, scope statement, and work breakdown structure. Ensure that all documents reflect the current and approved scope.

Identify 3 monitoring activities or processes you would engage in to ensure product quality, cost, schedule, and risk run according to plan.

  1. Performance Monitoring: Establish key performance indicators (KPIs) for each of the four project management areas: quality, cost, schedule, and risk. Regularly track and analyze these KPIs to identify any deviations from the plan.
  2. Data Collection: Gather and analyze data from various sources, including progress reports, inspection reports, cost management tools, and risk management software. Use this data to assess the project’s performance and identify potential issues.
  3. Trend Analysis: Monitor trends in the collected data to identify patterns and emerging trends that could indicate potential problems or areas for improvement. Use trend analysis to anticipate potential risks and take proactive measures.

Identify 3 controlling activities or processes you would engage in to ensure product quality, cost, schedule, and risk run according to plan.

  1. Corrective Actions: Implement corrective actions when any deviations from the plan are identified. These actions should address the root cause of

 

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