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POG351 Project Management

tag 0 Download15 Pages / 3,705 Words

Questions:

Task

Identify a business issue/problem, or opportunity as below:

Section1

  • Discuss the purpose of the project – why it’s needed and what will it achieve.
  • Discuss the merits and limitations of A Project Plan: Produce a project plan to deliver against the milestones set out in the document via an issues/ activity log as a control method.
  • Discuss the merits and limitations of Project’s Scope: What’s in, what’s out

Section 2 Conduct a High level critical analysis of:

  • Business Environment - Micro and Macro (internal, external factors) – critical analysis via but not limited to applying PESTEL analysis &/or Porters 5 Forces in context.
  • Why does a project need robust information/research: Critically discuss the Information/Research needs of your project – e.g. Primary/Secondary,
  • Discuss the merits and limitations of Stakeholder Analysis
  • Discuss the merits and limitations of Constraints Analysis (Internal and External).

Section 3 Critically discuss Risk - The associated organisational risk in context;

Sources/categories of risk & risk management,

Risk Analysis using Force Field Analysis.

Risk Control/ response/management Programme: - Risk category & type, Assessment/impact of risk on the company, Evaluation of probability, Response to the risk, Contingency planning

Assess all resource capacity, capability and necessity relative to the proposed project:
 
Resource Reviews - 5 Ms of management - Men, Minutes, Machinery, Materials, Money.

Personnel Requirements - RACI Resource capacity, capability and necessity

Section 4 Critically evaluate the project via a Robust cost benefit analysis.

Apply SMART objectives to the project.

Cost benefit analysis;

Critically discuss: Budgeting/ Type of budget used -

Develop costing for the project based on identifying (research required – prices should be based on realistic indicative figures) the main components that you will need).

You will need to set the budget and discuss critically the type of budget used to carry out the project

  • Costs/Budget for the project
  • Financial Benefits
  • Forecast, ROI, Payback, Breakeven
  • Non-financial benefits

Section 5 Critically evaluate the implementation/schedule plan for the project, and communicating with stakeholders (internal and external) applying project management techniques of:

  • Work Breakdown Structure
  • Gantt Chart
  • Critical Path
  • Project Control
  • Methodology
  • Communication Plan

Section 6 Critically discuss how the project will be:

  • Terminated & Hand over
  • Evaluated via Post Implementation review (PIR) and use of appropriate evaluation methodology.
  • An overall Conclusion to the business Report. Make justified recommendations.
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My Assignment Help (2021) Project Management [Online]. Available from: https://myassignmenthelp.com/free-samples/pog351-project-management/oil-and-gas-organization-sponsors-and-exhibitors.html
[Accessed 02 December 2021].

My Assignment Help. 'Project Management' (My Assignment Help, 2021) <https://myassignmenthelp.com/free-samples/pog351-project-management/oil-and-gas-organization-sponsors-and-exhibitors.html> accessed 02 December 2021.

My Assignment Help. Project Management [Internet]. My Assignment Help. 2021 [cited 02 December 2021]. Available from: https://myassignmenthelp.com/free-samples/pog351-project-management/oil-and-gas-organization-sponsors-and-exhibitors.html.


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