Program |
Diploma in Business |
Unit Number and Title |
CSD Unit 4 Project Design Evaluation |
QFC Level |
Level 5 |
Project Management is an essential theme in light of the fact that all associations, small and large, are included in actualizing new endeavours as different as the advancement of another product or introducing a new service, or an advertising campaign. To keep in front of their rivals, each association is confronted with advancement of composite services and courses of action. These need cross-practical aptitude in a given Organisation (Project Management Institute, 2013)
The support for project management in any association is at two levels, in particular, the macro and the micro levels. Considering the macro or more extensive level, an association is inspired to actualize project administration systems to guarantee that what is embraced, little or real, is conveyed on time, inside plan and to determined benchmarks. Considering the micro level, project administration has the goals of
The project aims to develop information frameworks which will permit Executive Cars Ltd to do the following in a better way:
The organization needs to discover an answer for decreasing its working expenses. The framework being created is a framework to handle the business needs of leasing vehicles to clients, keeping up records and information on vehicle fleet, working the client entrance site, and reporting the condition of the framework to the organization. The framework does not satisfy other needs of the business.
Recommended selection criteria that ought to be utilized as a basis for examining and contrasting projects incorporate quantitative and subjective, monetary and non-money related.
According to Project Management Institute (2013), standard for Portfolio Management speaks to a noteworthy correction of prior versions and incorporates a generous and expansive rundown of a few cases of assessment criteria. They include: alignment with the organizational strategy; objectives and aims; advantages, money related and nonfinancial; share in the market, market development, or new markets; risks, inside and outer; legitimate/ administrative agreeability; human assets abilities and limits; technology capacities etc.
It expresses that it is essential to choose assessment criteria which best supports the accomplishment of organizational goals and strategy. Such criteria will permit measuring the profits commitment of a portfolio segment. Each one distinguished portfolio segment, alongside the key descriptors, is contrasted with the classification criteria and is allotted to a given class with the end goal of scoring, positioning, assessing, and selecting between comparable portfolio parts. The quantity of segments is normally restricted and illustrations include: expanded gainfulness (income expands, cost diminishment and shirking); risk decrease; proficiency change; administrative/ consistence; process change; continuous change; foundational (e.g. speculations that manufacture the foundation to develop the business); and business objectives (e.g. inner tool stash, IT similarity, or redesigns) (Klastorin, 2003) It suggests that this enables the measurement of the contribution of the candidate component project to the strategic business objectives. It therefore suggests a project governance test to ensure that there is a benefits contribution from the component project. The output is a value score for each component project which is a basis for the next stage of the process. It proposes that this empowers the estimation of the commitment of the competitor project extend to the key business targets. It along these lines proposes a project administration test to guarantee that there is an advantages commitment.
For an IT project following are the criteria’s to be considered:
While evaluating the above criteria’s with respect to Executive Cars Ltd, the organization is striving hard to cut down expenses and is ready to accept a new IT framework. Currently, all records in Executive Cars Ltd are maintained manually. This manual record keeping system has caused many problems for Executive Cars. Hence there is a need of a new IT framework. The competitors of Executive Cars Ltd have already been using such systems which have improved their efficiencies. The project is technically feasible, though subjected to the risks like delay in completion of project, not meeting the expectation of the organization. The management of Executive Cars is in support of this project and expects to implement these systems as early as possible.
Considering the outline of the project specification framework is spoken to in four separate parts of the framework. These are:
The extent of the Fleet Management module is staying informed regarding the rental vehicle convoy. This current module's motivation will be to contain the information on the vehicle armada and data about the particular vehicles. The Fleet Management module won't handle the leasing of the vehicles. The extent of the Customer Web Portal is to lease vehicles to clients online without a worker. The Customer Web Portal will interface with the module administering the fleets however won't perform any of that module's obligations. The extent of the Customer Service Module is to give an acceptable and to simplify the management of data and information related to the service of vehicles.
The extent of the Reports and Analytics application is to give a foreordained recognize that will contain the majority of the reports produced using representatives on auto rentals. It will help the store supervisors and corporate office when they have to document and prepare MIS.
Activity/Task |
Assigned To |
Time |
Target Date |
Actual Hours |
Remaining Hours |
Revised Estimate |
Variance |
Percent Complete |
Current Status |
Status Date |
Project Totals |
|
|
m/d/yy |
0 |
|
|
0 |
0% |
|
|
Initiation Phase |
|
|
|
|
|
|
|
|
|
|
Develop Project |
|
|
|
0 |
|
0 |
0 |
0% |
|
|
Develop Level 1 Project Documentation & Estimate |
|
|
|
0 |
|
0 |
0 |
0% |
|
|
|
|
|
|
0 |
|
0 |
0 |
0% |
|
|
Planning Phase |
|
|
|
|
|
|
|
|
|
|
Develop Detailed Project Requirements |
|
|
|
0 |
|
0 |
0 |
0% |
|
|
Develop other Level 2 Project Documentation |
|
|
|
0 |
|
0 |
0 |
0% |
|
|
Develop Testing & Training Plans, as required |
|
|
|
0 |
|
0 |
0 |
0% |
|
|
Develop Project Work Plan / Schedule |
|
|
|
0 |
|
0 |
0 |
0% |
|
|
|
|
|
|
0 |
|
0 |
0 |
0% |
|
|
Execution & Control Phase |
|
|
|
|
|
|
|
|
|
|
Development Tasks |
|
|
|
0 |
|
0 |
0 |
0% |
|
|
Configuration Tasks |
|
|
|
0 |
|
0 |
0 |
0% |
|
|
Technical Tasks |
|
|
|
0 |
|
0 |
0 |
0% |
|
|
Testing Tasks |
|
|
|
0 |
|
0 |
0 |
0% |
|
|
Training Tasks |
|
|
|
0 |
|
0 |
0 |
0% |
|
|
Implementation Planning Tasks |
|
|
|
0 |
|
0 |
0 |
0% |
|
|
Assign Tasks |
|
|
|
0 |
|
0 |
0 |
0% |
|
|
Track Status / Update |
|
|
|
0 |
|
0 |
0 |
0% |
|
|
Resolve Issues |
|
|
|
0 |
|
0 |
0 |
0% |
|
|
Report Weekly Status |
|
|
|
0 |
|
0 |
0 |
0% |
|
|
Closure Phase |
|
|
|
|
|
|
|
|
|
|
Project Acceptance |
|
|
|
0 |
|
0 |
0 |
0% |
|
|
Project closure Report |
|
|
|
0 |
|
0 |
0 |
0% |
|
|
Final Update |
|
|
|
0 |
|
0 |
0 |
0% |
|
|
Get assignment help from full time dedicated experts of Locus assignments.
Call us: +44 – 7497 786 317Expenses and resource planning are a paramount part of project planning and control. Microsoft project management 2007 accommodates a few sorts of expenses. By utilizing Microsoft project management 2007, Costs of investing a resource can be calculated. Everything is first converted into a cost, for instance a software developer may charge $500 daily for 10 hours meaning $10 per hour. Thus cost is derived for every resource used in a project.
Eight steps for the implementation of a project in Executive Cars Ltd are as follows:
The project at Executive Cars started with the following deliverables:
Thus above can be considered as the success parameters of the project and meeting these parameters will bring the project in the category of successful projects. There is also a probability that all the deliverables are not met, for instance only fleet management meets the expectation of the organization and rest of the application fails to meet the expectations. In such a scenario, the project will be declared as partially successful. There may be a scenario that none of the application meets the organization expectation and the project will be declared as a failure.
Any assignment that obliges some planning to attain a fruitful conclusion will most likely be carried out better by utilizing a couple of project management systems. Project management strategies can help in the arranging and overseeing of different types of assignments, particularly perplexing exercises. Project management techniques and project planning tools are useful for any tasks in which different outcomes are possible - where risks of problems and failures exist - and so require planning and assessing options, and organizing activities and resources to deliver a successful result (David and Cleland, 2006). Project management systems and undertaking arranging apparatuses are helpful for any undertakings in which diverse conclusions are conceivable - where dangers of issues and disappointments exist - thus oblige arranging and surveying choices, and sorting out exercises and assets to convey an effective result.
With reference to the Executive Cars Ltd project, project management has resulted in correct mapping of the product specification into the software product. The four systems were recommended in project specification. These were:
The IT framework has been produced comprising of four modules. These modules are the client administration module, fleet management system, the web portal module, and the reports module. These four modules make up the structure of the IT framework. The client administration module is the piece of the framework that furnishes the representative with all that they have to perform their obligations. The web portal module is the piece of the framework that handles the site where the clients will have the capacity to experience a robotized procedure to lease autos. The fleet management system do as its name proposes and deal with the rental armada. The reports module is the piece of the framework that will be utilized to produce reports from the staying three modules for the reason arranging the information on the status of the organization. The framework will have the capacity to connect with outside frameworks to process instalment in the interest of the organization.
Risk Management: Project managers realize that things once in a while go off precisely as arranged. Amid the planning process, it is imperative to deliver a risk log with an activity plan for the risk that the task could confront. Verify all key stakeholders are mindful of your risk log. In the event that something happens, then the group can rapidly resolve the issue with the administration plan that has as of now been set up. This will give the group certainty when confronting task risks and help the customers feel good with the project’s advancement (Lock, 2007)
Having an online record of project data is key to guarantee you don't lose critical task force amid the project, additionally in the occasion of losing key members you can rapidly get your new colleagues up to speed.
Project Closure: In the event that a project does not have solid conclusion, then it can possibly keep on consuming assets. The undertaking group must be firm and concur with the client that all discriminating success factors are realized. Affirmation of the task conveyance, testing, and release must be settled upon and closed down. Fulfillment overviews are great manifestations of documentation.
It is the task supervisor's business to guarantee that everything runs easily on a project, however having an incredible manager doesn't promise a fruitful result. The whole group giving careful consideration to scratch variables is the thing that will help lead the task to genuine progress (Dorfman, 2007). This achievement will then prompt proactive, sorted out project arrangements and an increment in nature of all future undertakings.
Results are the progressions that happen as an issue after effect of your project. These progressions could have any kind of effect to the nature, to the group or to the people who banquet from the undertaking. For instance in this project the objective was to simplify the operations management at Executive Cars Ltd
The clients will include business representatives, tourists, and neighbourhood inhabitants in need of an auto. Different clients of the framework will be the representatives both at the store level and a base camp. The representatives will all be utilizing windows desktops to direct their business on the framework however the framework will need to oblige the mixture of gadgets that the clients will have. The clients will have cell phones running a few diverse working programming including android, IOS, and blackberry. The full site likewise must suit these diverse working frameworks.
Outcomes:
Module |
Advantage |
Fleet Management |
The Fleet Management helps in staying informed regarding the rental vehicle convoy. The module provides all necessary information about the cars |
Customer Web Portal |
Helps to lease vehicles to clients online without a worker. The Customer Web Portal will interface with the module administering the fleets |
Customer Service Module |
Customer Service Module gives an acceptable and simplify the management of data and information related to the service of vehicles. |
Reports and Analytics application |
It gives reports and analytics useful for employees and management |
The study has focused upon the various stages in project management like how to formulate a project followed by implementing the project within agreed procedures and to specification and evaluating the project outcomes and present the project outcomes.
David I. Cleland, R (2006). Global Project Management Handbook. "Chapter 1: "The evolution of project management". McGraw-Hill Professional, 2006. ISBN 0-07-146045-4
Dorfman, M.S. (2007). Introduction to Risk Management and Insurance (9 ed.). Englewood Cliffs, N.J: Prentice Hall. ISBN 0-13-224227-3.
Harrison, F. L. and Lock, D (2004). Advanced project management: a structured approach. Gower Publishing, Ltd., 2004. ISBN 0-566-07822-8. p.34.
Kerzner, H (2003). Project Management: A Systems Approach to Planning, Scheduling, and Controlling (8th Ed. ed.). Wiley. ISBN 0-471-22577-0.
Klastorin, T(2003). Project Management: Tools and Trade-offs (3rd ed. ed.). Wiley. ISBN 978-0-471-41384-4.
Lock, D (2007) Project Management (9th ed.) Gower Publishing, Ltd., 2007. ISBN 0-566-08772-3
Milosevic, D.Z. (2003). Project Management ToolBox: Tools and Techniques for the Practicing Project Manager. Wiley. ISBN 978-0-471-20822-8.
Morris, P (1994) The Management of Projects, Thomas Telford, ISBN 0-7277-2593-
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