HS7022 Project Management Assignment Sample

HS7022 Project Management Assignment

Tasks

Your team is assigned the project of designing and implementing this Digital Shift Project. Your organization uses an agile development approach. Your lecturer will play the role of the project sponsor. Your team will work collaboratively to develop a comprehensive project plan with detailed timelines and resource allocation. The project sponsor will guide your team regarding the project requirements, and you are required to attend all the project meetings. In the meetings, your team should discuss the steps to initiate this project and discuss how to progress. The above given are only an indication of some basic requirements of the project. The actual project scope should be revised according to your project requirements. Your team is free to make necessary assumptions where necessary. You can make suitable assumptions and alter the project scope, budget and schedule if required. However, please indicate those parameters clearly in the introduction section.

Once you have established the necessary assumptions, your group need to produce project management plans and other documents considering the project requirements you have selected. The completed project report should contain 6 main parts (9 tasks) as listed below:

• Part 1: Project Integration Management

Task 1: Prepare a business case

Task 2: Prepare the project charter

• Part 2: Project Scope Management

Task 3: Develop an initial scope management

Task 4: Develop a work breakdown structure (WBS)

• Part 3: Project Schedule Management

Task 5: Create Gantt chart for WBS, and then identify at least five milestones

• Part 4: Project Cost and Quality Management

Task 6: Develop documents for cost estimate and business case financial analysis

• Part 5: Project Resource Management

Task 7: Prepare a Responsibility Assignment Matrix (RACI Chart) for the WBS

• Part 6: Project Risk Management

Task 8: Create a risk register

Task 9: Plot the risks on a Probability/Impact Matrix

Solution

Introduction

TechUpGrowth's DigitalShift program is a comprehensive strategy designed to create digital change throughout the organisation. Among other significant goals, this project intends to raise cybersecurity standards, develop an intuitive mobile application, and implement a robust enterprise resource planning (ERP) system. DigitalShift has an 18-month timeline and a $10 million budget to solve problems like outdated technology and worker resistance to change. The aim of this endeavour for MBA Assignment Expert is to strengthen TechUpGrowth's edge over competitors in a dynamic digital environment by streamlining operations and promoting continuous education.

Part 1: Management of project integration

Task 1

Business justification for the Project Name

Project Name: Digital Shift

Task 2

Task 3

Scope Statement (Version xx)

Task 4

Task 5

Task 6:  

Table 1: Cost Estimation Table 1
(Source: Author)

Table 2: Cost Estimation Table 2
(Source: Author)

Task 7:

Prepare documents for cost estimation and financial analysis of the business case.

Table 1: Cost Estimation Table 1
(Source: Author)

Table 2: Cost Estimation Table 2
(Source: Author)

Task 8:

Establish a risk register.

A risk register refers to the document that helps identify as well as analyse and address potential risks of the project and product launch for manufacturing the process.

Table 3: Risk Register Table
(Source: Author)

Task 9:

Chart the risks on a Probability/Impact Matrix.

Based on the information in the above table the probability impact Martix helps to prioritise the risks basically based on their likelihood and potential impact. For example, the ERP system integration failure and cybersecurity breaches rank high in probability and impact emphasizing the top main priorities. Medium risks indicate that employee resistance to new technologies and delays in the cloud migration which have a high or medium probability with moderate impact, that require appropriate attention it not as urgent as the high risks. This matrix aids in allocating resources efficiently to mitigate high-priority risks.

Table 4: Probability Risk Matrix
(Source: Author)

Summary

● Total Estimated Hours: 202 hours

● Total Actual Hours: 152 hours (so far)

Summary

The DigiGrowth project at TechUpGrowth aims to enhance operational efficiency through digital transformation. An ERP system, upgrading cybersecurity measures, promoting employee training and launching a customer-centric mobile app are included as the key objectives. The present challenges of the organisation include employee resistance, cybersecurity risks and outdated systems. An estimate of $10 million is fixed as the budget for the project to design and promote a culture of continuous learning. Various tasks, including initiation, planning, execution, monitoring, and closing phases, are involved in the project. A project charter, team MBTI summary, sponsor feedback, kick-off meeting and Google site setup of the initiation phase are involved as the key deliverables. The measurement of the success will be developed through effective implementation, employee training feedback, app engagement and reduced cybersecurity breaches. Stakeholder engagement, along with effective risk management, is ensured in the phase throughout the lifecycle of the project.