DPM 102 PROJECT PHASES AND PROCESSES Marking Scheme
DPM 102 PROJECT PHASES AND PROCESSES Marking Scheme
QUESTION 1
Project phases provide a roadmap for the project, with clearly defined activities and
responsibilities for each phase.
Communication
Project phases help ensure that everyone involved in the project is informed and
working together.
Progress tracking
Project phases allow for progress to be tracked across the project, so issues can be
identified and addressed early.
Resource allocation
Risk management
Project phases help ensure that potential risks are identified and addressed early.
Project initiation
This phase defines the project's purpose, objectives, and feasibility. It also involves
appointing a project manager and assembling a project team.
Project planning
This phase involves creating a plan for the project, including a budget, schedule, and
resource plan.
Project execution
This phase involves putting the plan into action, managing resources, and monitoring
progress.
Project closure
e)Types of stakeholders
Question 2
Doing a feasibility study before the initiation of a project help project managers to assess
potential risks that may arise. With these predicted risks at hand, it is easier to find ways
of approaching or stopping them before they become a bigger problem.
There are a lot of difficulties involved during the consideration of the possibility of project
success. Some of these difficulties are; shortage of resources, low-level technology,
under/over budgeting, illegal schemes, and lack of marketing strategies.
A feasibility analysis can help identifies such problems in advance. If the constraints of a
project are explicit, it is not reasonable to implement an unprofitable plan.
Conducting a viability study gives the team members a clear picture of the suggested
plan. When the team members are confident that a project is doable and the objectives
are clear, they get motivated and work hard to attain the project goals.
Studying the feasibility of projects provides project managers and the relevant
stakeholders with more information thus facilitating informed decisions. With a good
analytical study, making decisions on matters like; shortage of resources, technological
support, finance sources, or inadequate time won’t be a problem.
These different types of feasibilities help PMs understand what they need to increase the
likelihood of project success. After carefully analyzing these feasibilities, it becomes
easier to decide on what’s best because you have evidence.
Skipping project preliminaries like a feasibility study is very dangerous. Studying the
feasibility of a project determines if a plan is within reach or not since it will give you all
the odds of performing the project. No sane entrepreneur or company will throw their
resources in an undoable project.
Some projects are feasible, but their timing is not appropriate. In such cases, the project
manager and business executives might decide to hold the idea until the right time
comes.
You’ll almost certainly come up with new ideas and opportunities during the feasibility
examination process.
Through a feasibility study, you can predict all the variables that may befall a project.
Getting to know these factors before performing the project will help you strategize how
to counter them. For PMs, studying the feasibility of your project increases the chances of
leading it to completion.
Analyzing the feasibility of projects points out all the possible problems that may affect
the success of the proposed plan. After speculating these risk factors, the PM finds a way
to tackle them before starting the project.
Question 4
a) Key advanatges of budget in a project
Capital
Revenue
Sales
Production
Materials
Purchase budget
Cash
short term
Long term
Operating budget: It highlights the day-to-day expenses and revenue of
the organization and typically includes salaries, utilities, marketing
expenses, and salary projections
Capital budget: It helps organizations assess their financial feasibility for
capital projects by recording their long-term investments in equipment,
machinery and infrastructure.
Cash budget: It helps track the organization’s incoming and outgoing
cash flows and predict cash surpluses to meet financial obligations.
Master budget: It includes all the individual budgets of different
departments or divisions and is the organization’s overall financial plan.
Flexible budget: It is a budget that incorporates minor adjustments
based on the changing environment, like variations in sales and
production levels
Zero-based budget: Every expenditure is justified by analyzing it from
scratch. This approach helps in optimizing resource allocation by
reducing unnecessary costs.
Sales budget: It predicts the expected sales volumes and revenue for
the period and is the basis for planning production and setting sales
revenue targets
Expense budget: The planned expenses for various departments, like
marketing, sales, research and development, and office.
Project budget: It is the budget of a specific project and includes
expenses, project profitability and strategies for cost-cutting.
Departmental budget: The budget allocated to each department helps
the managers plan their expenses to achieve the organizational and
departmental objectives efficiently.
c)Scheduling tools and techniques in Project Management
Critical path method
Simulation
Resource leveling
Calendar
Duration compression
Estimate durations
Define activities
Kanban
Additional Resources
Agile scheduling
Crashing
Milestones
PERT
Develop schedule
d) challenges faced by project for failure to do project planning
Unrealistic deadlines
These can be caused by overconfidence, external pressure, or a lack of understanding of
the project's complexities.
Inadequate risk management
Without risk management, unexpected risks can arise and cause major scope creep.
Poor communication
Poor communication can lead to tasks not being completed to standard, which can cause
delays.
Lack of accountability
If team members aren't accountable, it can be difficult to finish the project successfully.
Inadequate stakeholder management
Poor stakeholder management can lead to project failures, such as defining stakeholders
too narrowly or hiding self-interest.
Budget limitations
If the project scope isn't planned with the budget in mind, cost overruns can threaten the
project's success.
Poorly defined goals
If the project's goals aren't well defined, it can be difficult to achieve the objectives.
Scope creep. Scope creep is a natural and expected phenomenon for any project. ...
Lack of communication. ...
Lack of clear goals and success criteria. ...
Budgeting issues. ...
Inadequate skills of team members. ...
Inadequate risk management. ...
Lack of accountability. ...
The limited engagement of stakeholders.
The process groups are normally repeated within each project phase
to drive the project to completion. All or some of the processes
within the process groups may be required for a project phase. Not
all interactions shown in figure below will apply to all project phases
or projects. In practice, the processes within the process groups are
often concurrent, overlapping and interacting in ways that are not
shown.
The interactions among the process groups inside the boundaries of
the project, including the representative inputs and outputs of
processes within the process groups. With the exception of the
controlling process group, linkages between the various process
groups are through individual processes within each process group.
While linkage is shown (red dotted lines) between the controlling
process group and other process groups, the controlling process
group may be considered self-standing because its processes are
used to control not only the overall project, but also the individual
process groups.
Project phase
Process
Project phase
Process
Designing a website
Delays
Poor communication can lead to delays in the flow of information, which
can cause unnecessary delays.
Scope creep
Poor communication can lead to unauthorized changes to the project's
scope without proper documentation or approval.
Lack of accountability
Poor communication can lead to a lack of accountability, which can
result in missed deadlines and incomplete deliverables.
Stakeholder dissatisfaction
Poor communication can lead to stakeholder dissatisfaction, which can
result in financial penalties or lost future business opportunities.
Decreased morale
Poor communication can lead to frustration, demotivation, and
disengagement among stakeholders, which can negatively impact
morale.
Increased costs
Poor communication can lead to increased costs, such as recruitment
and training costs, and penalties for not adhering to regulations.
Legal implications
Poor communication can lead to legal repercussions, such as breaches
of contract or penalties for not adhering to regulations.
Escalation of minor issues
Poor communication can lead to misunderstandings or
misinterpretations of information, which can cause small issues to
escalate into major conflicts.
Misaligned Goals and Objectives
The cornerstone of any successful project is aligning goals and objectives among all team
members. However, poor communication can lead to a fundamental disconnect in
understanding these goals, causing a divergence in team efforts and diluting the project’s
focus. This misalignment stalls progress and steers the project away from its intended
outcomes.
Lack of Shared Vision: When communication is ineffective, team members might develop
varying interpretations of the project’s purpose and end goals.
Inconsistent Directions: Different team members or departments might receive conflicting
instructions, leading to disjointed efforts and inefficient use of resources.
Strategic Missteps: Without a unified understanding of objectives, strategic decisions may
not align with the project’s true aims, resulting in wasted efforts and potential project
failure.
2. Decreased Team Morale
Ineffective communication often leads to misunderstandings and feelings of being
undervalued or ignored within a team. This environment breeds frustration and
dissatisfaction, which can significantly decrease morale. Lower morale affects individual
performance and can infect the team dynamic, leading to a less productive and less engaged
workforce.
Reduced Engagement: Team members who feel their voices are unheard or their concerns
are unaddressed are less likely to engage actively in the project.
Increased Stress and Burnout: Constant communication barriers can lead to heightened
stress levels and potential burnout, further diminishing team morale.
Loss of Trust: Poor communication can erode the trust between team members and their
leaders, creating an environment of doubt and skepticism.
3. Inefficient Resource Utilization
One of the hallmarks of successful project management is the optimal utilization of
available resources. However, poor communication can lead to resource allocation and
availability misunderstandings, resulting in resource scarcity or surplus in various project
phases.
Incomplete Understanding: When project details are not communicated effectively, team
members may not fully grasp what is required, leading to substandard work.
Lack of Feedback and Correction: Without proper communication channels, there is a
missed opportunity for feedback and correction, which is vital for quality assurance.
Inconsistent Standards: Varying understanding of project standards and expectations among
team members can lead to inconsistent quality in different project parts.
7. Client Dissatisfaction
In project management, client satisfaction hinges on continuous and clear communication.
Poor communication can result in misunderstandings, unmet expectations, and client
dissatisfaction.
Unmet Expectations: Clients may have expectations not adequately communicated to the
team, leading to deliverables that do not meet client needs.
Inadequate Updates: Failure to regularly update clients on project progress can lead to
mistrust and dissatisfaction.
Misaligned Perceptions: A lack of clear communication can cause a disparity between what
the client expects and what the team believes the client expects.
8. Conflict and Misunderstandings
Effective communication is key to avoiding conflicts within a project team. Poor
communication often leads to misunderstandings and disagreements, which can escalate
into conflicts, adversely affecting the project dynamics.
Resistance to Change: Inadequate communication about the reasons for changes can lead to
resistance among team members.
Mismanaged Implementation: Changes may be implemented inconsistently or incorrectly
without clear directives.
Delayed Response to Changes: Poor communication can lead to delays in recognizing the
need for changes or in conveying these changes to the team.
10. Hindered Learning and Growth
For a project team to evolve and improve, learning from experiences and feedback is
crucial. Poor communication can stifle these opportunities, hindering both individual and
collective growth.