Final Project – Riordan Manufacturing

1)     Incorporate project management deliverables into a comprehensive project plan.

2)     Include additional sections describing the project retrospective process and the project closedown process that was followed for the project.Develop a Microsoft® PowerPoint® presentation of 15-20 slides illustrating the main points from the Riordan Manufacturing Project Management Plan that includes the following:

  • Project scope statement **
  • Project charter**
  • WBS in Microsoft® Project 2013**
  • Communication plan**
  • Project schedule in Microsoft® Project 2013**
  • Project budget**
  • Risk management plan**
  • Change control management plan**
  • Steps taken to assemble, develop, and manage the project team**
  • Explanation of how you will manage project execution**
  • Importance of project sponsorship and project leadership during project execution**
  • Method of measuring and reporting project progress and performance**
  • The rationale for your choice**
  • Include additional sections describing the project retrospective process and the project closedown process for the project.
  • Determine how the project retrospective process and project closedown steps relate to each other and the overall project structure.

Write a comprehensive project management plan that is no more than 700 words as a Microsoft® Word document that is based on your presentation.

3)     Determine how the project retrospective process and the project closedown steps relate to each other and to the overall project structure.

4)     Submit comprehensive project management plan as a Microsoft® Word document.

5)     Develop a Microsoft® PowerPoint® presentation of no more than 10-slides illustrating the main points from the Riordan Manufacturing Project Management Plan.

Anything that has an asterick at the end of it means that is already completed. Just need to combine all sections. I will upload the other documents once I select a tutor.

Project Execution, Monitoring and Control

Project Execution, Monitoring and Control

Riordan Manufacturing Project Management Plan – China Move

Week 5 Preparation

PM 571 – Project Management

December 15, 2015

Introduction

In the recent years, most business organizations have adopted various strategies that ensure an efficient project management. Proper management of projects in a company leads an improvement in the operations thus resulting in the success of an organization. Project management can be undertaken by a focused and goal oriented project team. A project team can be divided into some sub-teams as per the need. For example, the China Company current project is to relocate from Hangzhou to Shanghai and hence the company will require a project team to accomplish the mission.

How to develop, assemble and manage the project team

In developing a project team, a mere assigning of a task to people does not create the project team. In developing a team for managing projects, members who are capable of making unique and valuable contribution to the given project are selected (Stephen Barker, 2014). After identifying the project team of capable members, steps of defining and establishing the identity of the team are undertaken. The following are the steps that can be taken in developing the team:

The first step is through ensuring that the team members understand the goals of the project. For example, the main goal of locating the operations Hong Kong and Shanghai was to reduce the cost of production since relocating was leading to significant cost saving. Making the team members aware of their roles so that each member know his or her are of specialty, his or her position on the team, assignments and the authority each and every member have.

Moreover, familiarizing each member the processes and techniques that they will be using in performing their project tasks will also ensure team members understand the goals. Another method is through defining the relationship between the team members regarding their attitudes, behaviors towards each other.

Managing project execution

Project execution or implementation in always the phase of the project where the plan designed in all the prior phases of the project life is put into the actual action (Heldman, 2009). The main reason for project execution is to deliver the expected results of the project. It’s the phase of the project that is the longest in its lifecycle and where most of the resources are applied.

In managing the execution phase, the China Company can execute the various tasks that had been described in the plans, procedures and the processes that had been summarized and well documented and referenced in the project master management plan. Attentions are paid to the various productions and the quality of the deliverables that are from contractors, local offices, and state organizations. The manager of the project and the team as a whole will, therefore, oversees prime contractor and also manage the project’s resources as detailed in the system requirements.

Importance of project sponsorship and project leadership during project execution

The project sponsorship is very important throughout the lifecycle of the project since it ensures the success of the project initiated by ensuring effective delegation, providing motivation to the project team during the execution phase (Barry L. Cross, 2014). Sponsorship too is important as it funds the whole project and ensuring good financial support to realize the project objective as stated from the beginning of the project.

The leadership too is important as it provides the stewardship to the project teams on how to execute the project. Leadership also assists in providing the necessary skills in selecting the core team, influencing the sponsors, stakeholders to fund the project execution.

Leadership also assists in providing and building an integrated project plan. The Company should sponsor the project so that the migration to Shanghai leads to generation of more profits.

Method of measuring and reporting project’s progress and performance

Various methods can be used to measure and report project’s progress and performance, for example, the Earned Value Technique. According to Orvis (2012), the Earned Value Technique focuses on the value of the project. It examines if the undertaking the project will generate more or will result in losses. The technique reveals the value of any useful work that has been done at a specific time. The China Company can use this technique to measure if their project will be beneficial. Through migrating to Shanghai, the company will save on the cost that they were incurring due to the transportation of commodities.

Rationale for behind the Earned Value Technique

Earned value method ensures that the company can determine if the project will generate profits. Moreover, the method can also be used to measure the probable time of completing the project, the cost that have been incurred during the implementation and the general costs after the project is completed. These aspects are beneficial since they can make the company analyze the effects of the project on the daily operations. The method can also be used by the China Company to determine if migrating to Shanghai will boost the operations of the company.

In conclusion, efficient project management has brought a tremendous revolution in the different organization. Various strategies that are tailored towards achieving company goals should be adopted in the organizations.

References

Barry L. Cross, M.& K. (2014). Project Leadership: Creating Value with an Adaptive Project Organization. CRC Press.

Heldman, K. (2009). PMP Project Management Professional Exam Study Guide. John Wiley and Sons.

Orvis, H., (2012). Performance and Progress Reporting. Retrieved from

:http://www.projectcontrolsonline.com/InfoPad/ReferenceZone/PractitionersGuide

Stephen Barker, R. C. (2014). Brilliant Project Management ePub eBook: What the best project

managers know, do and say. Pearson UK.

Vanhoucke, M. (2009). Measuring Time: Improving Project Performance Using Earned Value Management. Springer Science & Business Media.