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Higher Nationals - Summative Assignment Feedback Form
Student Name/ID Elizabeth Cronenburg
LO1 Explain the key stages of the project lifecycle that should be considered when project managing
Pass, Merit & Distinction P1 P2 P3 M1 M2 D1
Descripts
LO2 Produce a Project Management Plan (PMP) for a business project using primary and secondary research
methods
Pass, Merit & Distinction P4 P5 M3 D2
Descripts
LO3 Implement the Project Management Plan (PMP) to communicate results from the research and make
conclusions from the evidence of findings
Pass, Merit & Distinction P6 P7 M4
Descripts
LO4 Reflect on value gained from implementing the project and the project management process.
Pass, Merit & Distinction P8 M5 D3
Descripts
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decisions have been agreed at the assessment board.
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Student Declaration
I hereby, declare that I know what plagiarism entails, namely to use another’s work and to present it as my
own without attributing the sources in the correct way. I further understand what it means to copy another’s
work.
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Higher National Certificate/Diploma in Business
Assignment Brief
Unit Number and Title Unit 06: Managing Successful Business Project
Unit Tutor
Issue Date
Submission Date
Submission format
The submission should be in the form of an individual written report. This should be written in a concise, formal
business style using single spacing and font size 12. You are required to make use of headings, paragraphs and
subsections as appropriate, and all work must be supported with research and referenced using Harvard referencing
system (in-text and end-text referencing).
Section A: The recommended word count is 1,000–1,500 words for the report
LO1 Explain the key stages of the project lifecycle that should be considered when project managing
LO2 Produce a Project Management Plan (PMP) for a business project using primary and secondary research methods
LO3 Implement the Project Management Plan (PMP) to communicate results from the research and make conclusions
from the evidence of findings
LO4 Reflect on value gained from implementing the project and the project management process
Learning Outcomes and Assessment Criteria
LO1 Explain the key stages of the project lifecycle that should
be considered when project managing
D1 Critically evaluate the
P1 Explain the stages of the M1 Evaluate the stages of the project-management process,
project lifecycle (PLC) and PLC and the factors, PMP and research methods
their importance to the (deliverables, quality, risk, for gathering information and
success of a project. communication and resources) data collection.
to be considered in a PMP.
P2 Examine the factors to be
considered when compiling a M2 Evaluate a range of
project management plan research methods and strategies
(PMP). for gathering information and
data collection.
P3 Examine a range of
research methods and
strategies and their
importance to project
management.
Scenario
“In the wake of the recent global pandemic all these dimensions of the workplace ecosystem are
having to be reimagined. Many organisations already have had to refocus their workforce plan to
ensure a fully remote workforce has the capabilities and technologies available to continue employee
connectivity, engagement and productivity. Navigating this new way of work is crucial to support
business operations and far-reaching implications for the future.”
Learner requires to conduct a project, based on “What are the key drivers influencing digital
workplace transformation?”. It is required for learner to create an appropriate topic and apply
necessary project management techniques accordingly.
Section A
Select a Sri Lankan based organization of your choice and identify and examine the key stages of the project
lifecycle in managing a project based the chosen topic. The answer should be strengthened by including critical
evaluation of project management process, PMP and research methods for gathering information and data
collection. Section A should be covering following areas.
Section B
You are now required to produce a project management plan for a business project using primary and
secondary research methods, implement the prepared project plan and communicate the results from the
research. You are further required to provide a clear conclusion based on the evidence of findings and provide
evidence of reflection and evaluation of the project management process and individual performance.
During your project management plan and execution, you must ensure the valid justification provided
for the choices made in the design of the PMP for achieving the project aims and objectives. You must
critically reflect on the findings from the research and the project management process in supporting
stated objectives and own learning.
Name:
Project title:
Date:
Problems encountered
Week Issue ID Description Actions taken
Week Comment
Managing and implementing a small-scale business project
LO1
1.0 Explain the stages of the project lifecycle (PLC) and their importance to
the success of a project.
There is a start date, an end date, and a control point for every project phase. The goal of
the control point is to reassess the project charter and business documentation in light of
the current circumstance. At that stage, a project's performance is compared to the
project management plan in order to determine if it should be modified, abandoned, or
continue as intended. This is being done because, despite the fact that every project has a
start and an end, they all differ substantially in terms of the precise deliverables and work
that needs to be done. Several factors, including those inside the organization itself, the
industry, the technology being utilized, or the development approach, might have an
impact on the project life cycle.
To decide whether or not the project will proceed, a business case is employed. It
contrasts the project's possible costs and advantages. The statement of work, which is
another crucial document, includes information on the project's goals, deliverables,
and other specifics of its scope.
In order to communicate the aim to the other project team members, we must be
extremely focused on it at the project initiation. It is a known truth that those who set
challenging goals for themselves are the top achievers and appear to be least impacted
by adverse stress.
Project planning in project management entails breaking down large tasks into
smaller, easier to manage chunks that can produce a more realistic schedule,
eliminating the risk of "ground rush," a term used in parachuting to describe how the
ground rushes to hit you in the final seconds of a jump when you are unprepared.
When all of the energy is concentrated into the final few seconds, panic sets in, and
we lose sight of our fundamental training, limbs are broken. When we don't establish
the right priorities for the project plan, something can occur. Planning is essential. The
following steps are typically included in the planning process:
Identifying the project timeframe and breaking it down into phases with specific
activities that must be completed within those phases is the first step in the planning
process.
The budget estimate and figuring out how much to invest in the project to get the best
return on investment are the following steps. Additionally, you must start gathering
the crew and the necessary resources.
You should be aware of potential risks and significant impediments at this phase.
Recognize problems and begin making plans to reduce risks to keep the project on
schedule and under budget.
Make a risk assessment that enables you to categorize and quantify any foreseeable
issues with a project. It is also recognised that by being proactive, we are better
prepared to deal with issues that may develop in our social or professional lives.
During the project's execution phase, project managers need to be aware of a few
things. The right team members should be given the right tasks, and they should be
given the direction and explanation they need to complete them.
The best way to ensure progress and development is to monitor and evaluate project
performance. A project manager should ensure that team members complete their
allocated responsibilities on schedule and to a high standard.
The cost is another important factor to control. The project is kept on track by keeping
an eye on the budget and resources. Additionally, keep an eye on your QA checklists,
spending logs, and change management documentation. Throughout the course of the
project, you can keep track of where your time and money are going and double-
check your planning. By doing so, you can identify bottlenecks and initiate crucial
discussions about streamlining the project management process.
We are better able to take corrective action if things are not going as planned by
establishing extremely specific milestones to assess our progress in life or a project. If
we have instead surpassed a big goal ahead of schedule, we might encourage
ourselves.
In order to maintain control, you must regularly update all stakeholders on your
progress. Before it's too late, you must alert all pertinent project stakeholders if further
time, effort, or resources are needed. You should have evidence to support your
requests in the form of data and outcomes. This will increase your ability to defend
your requests and keep their faith.
In life, we frequently fail to learn from our mistakes and land in unhealthy
relationships or situations, which sets off a chain reaction of unfavourable self-talk.
If you continue to work on the project even after the work has been completed, you
will be prepared to use everything you have learned in your next project. Verify that
every part of the project is finished and that there are no open ends.
Giving the client the deliverables and the owners the documentation, canceling
supplier contracts, and releasing the people and equipment are all part of the closing
process. The remaining funds should be allocated for upcoming budgets, and you
should also give a report to important stakeholders.
The emphasis on formal project management and the introduction of knowledge that
will help the business in the future are the two things that the closure phase does best
for the project's completion.
An honest assessment of the project's performance is the first step in project closure,
which is followed by the citation of best practices and lessons learned. This important
data is stored in the project assessment report for use in later projects. It functions as a
repository for learned knowledge from mistakes made along the way and a channel
for spreading that knowledge throughout the organization.
The more and more work done at an organization will take the form of projects. A
project is a need or problem that is scheduled for resolution, and that, to paraphrase
Roy Keane, "If you don't plan, you plan to fail."
□ Limitations (time)
□ Budget (price)
□ Exemplary standards
□ Benefits to consumers
□ Very few changes orders
□ Minimal product rejection rates
□ Employee happiness
2.1.3 Deliverables
The results that the project is expected to provide are known as
deliverables. To the project sponsor that commissioned the project, the
project "delivers" them. As a result, every project has deliverables that
must be specifically described in the project management plan.
Additionally, context-relevant information on quality, size, length, or
other standards can be provided.
2.1.4 Work Breakdown Structure
The development of a WBS, which is a logical partition of the project
into tasks, forms the basis of good project management. The project is
then managed individually, task by task.
Task ID’s can be in any format (1, 1.1, 1.1.1. or A, A1). For larger
projects you could also produce something more applicable to their
size:
2.1.5 Schedule
The schedule is typically a crucial component of the puzzle because
projects have clearly defined beginnings and ends. The dates of the
deadlines are frequently decided with the help of external stakeholders.
Similar to scheduling changes, these are typically problems that need
active handling.
2.1.6 Budget
Because a project is only temporary, it needs to have a clearly defined
budget and be actively maintained to prevent it from taking root and
spreading like an irritating plant.
For minor projects, the budget can also be incorporated to the WBS,
just as the schedule:
2.1.7 Quality
There are always quality standards in force when a project generates a
delivery. For instance, if the effort to build a fence result in a fence
that is not straight, the neighbor would likely protest and (if the fence
is bad enough) request a new fence.
What criteria do you have for project quality? This ought to be broken
down and listed. Every industry has standardized quality success
criteria, such as ASTM, IEEE, or ISO-9001, which may be easily
sought up and set for the project. These businesses specialize in
creating quality standards, making them excellent resources for
guaranteeing project excellence.
Additionally, quality management has a number of facets, including:
o Establishing criteria for quality
o Developing a quality assurance plan to satisfy the standards.
o Quality control using measurement.
The project management plan's quality section needs to cover each of
these points.
Throughout the project, quality control results should be actively
documented, and any changes to the plan of attack should be updated.
Throughout the project, the SOW is reviewed word for word. If the link
is weak, every small amount of work that was not initially anticipated
could lead to a change of order, which would incur additional costs. As
a result, it is a crucial element that needs to be carefully examined
before being made public.
3.2 Strategies
The following are the project management strategies that are employed:
3.3 Significance
The significance of research techniques and approaches in project
management
A skill that has a significant impact on performance at both the
project and career levels is the ability to manage research projects
well. This skill enables researchers to more easily overcome
challenges, seize opportunities, and successfully advance in their
careers.
By connecting projects to strategy, teams can accurately predict
what can be accomplished, by when, and at what cost. Initiatives
can drastically stray from their original goals in the absence of a
plan. The importance of strategic project management is
emphasized in the PMI report as well.
LO2
1.1 Introduction
The goal of this project is to create a new product that will increase our
company's manufacturing process efficiency. Project goals include a 10%
increase in manufacturing process efficiency, a 5% decrease in
manufacturing process expenses, and a 5% increase in product quality. A
prototype of the new product and a report outlining the development
process and the outcomes are the project's deliverables. The project will be
carried out over the course of a year.
1.2 Aim
The goal of this project is to create a new product that will increase our
company's manufacturing process efficiency.
1.3 Objectives
1. To create a product that will 10% increase manufacturing process
efficiency.
2. To shave 5% off the price of the manufacturing process.
3. To raise the product's quality.
1.4 Deliverables
1. A test version of the new item.
2. A summary of the development process and the outcomes.
1.5 Quality
1. All pertinent safety and quality requirements must be met by the new
product.
2. The product must be suitable for its intended use and satisfy client
requirements.
1.6 Risk
1. There is a chance that the new product won't satisfy the necessary
requirements.
2. There is a chance that the new item won't serve its intended purpose.
3. There is a chance that the project won't be finished on schedule.
New Product
Design
Project Product
Managment Development
Conceptualizing
Development Blast-off
& Detailing
Manual,
Preliminary
Contracts and
Analsis
Authorizations
Financial Operational
Feasibility Feasibility IT systems
Analysis Analysis
Coaching
Communication
2.6 Communication
The project manager must be familiar with the team in charge of each
activity, be in constant communication with them, and be familiar with
every step of every process that will be employed in order to
successfully realize and manage the project schedule and the WBS. In
order to ensure that project information is generated, collected,
disseminated, stored, and eventually disposed of in a timely manner,
communications management must be implemented throughout project
planning.
fosters communication among the team members, ideas for new
projects, and information.
• Communications planning, which determines information and
communications the participants. specifies who will receive the
information, when it will be delivered, and how.
• Information distribution aims to make information available to
project participants.
• Performance reporting is the process of gathering and sharing
performance data. includes project progress and predictions,
positioning reports.
• Administrative closure: the process of creating, collecting, and
sharing data to formally mark the end of a project phase.
LO3
1.3 Communication
The diverse report formats, internet content, and presentation formats are
examples of diverse types of communication methods, such as written and
vocal. Presentation software with multimedia capabilities: PowerPoint,
Prezi, Google Slides, Microsoft Sway, and Adobe Spark. Video calls with
services like Zoom, Adobe Connect, Google Hangouts, and Slack