Preparing a project management plan
Team is required to prepare a project management plan and identify the activities required to design, build, test and launch the product you proposed in Assessment 1. Also, you might need to identify activities to troubleshoot the launched product and provide the necessary training for the client’s staff
A time-phased budget plan and propose a suitable contract. You are required to estimate project resources rates and associated costs, and also use MS Project 2016 software to calculate the project budget. You are required to include the budget table and cash flow graph in the project plan. You should also discuss your budget-related assumptions.
You are required to propose an appropriate type of contract for the project and come up with a payment plan. You should justify the choice of contract.
Analysis of project stakeholders and develop a communication plan. You are required to identify stakeholders, analyse and map them using an appropriate tool, and design an engagement plan. A communication plan should also be developed and discussed. Discuss your stakeholder management approach.
A high-level risk assessment and develop appropriate response plans. Following the risk management processes, you need to prepare a list of high-level (macro) risks. Discuss your risk management approach and prepare an appropriate risk assessment form and risk response matrix. You must identify at least 10 risk factors, rank them and develop risk response plans for top 5 risks. You are required to explain the identified risks and response plans.
A performance measurement system. Do your research and propose an appropriate performance measurement system for the project. Your performance measurement system should cover time (schedule), cost (budget) and scope (quality). You need to develop a measurement criterion for each of the project success elements.
