Project Management Planpm Fp4030 Scheduling Cost And Quality ✓ Solved

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Project Management Plan PM-FP4030 – Scheduling, Cost and Quality Management. The purpose of this document is to provide a vehicle for documenting the initial planning efforts for the project. It is used to reach a satisfactory level of mutual agreement between the Project Manager and the Project Sponsors and Owners with respect to the objectives and scope of the project before significant resources are committed and expenses incurred. This document includes project scope management, project time management, project cost management, and project quality management components, along with lessons learned and reflections.

Project Overview

The project selected for this plan involves developing a comprehensive information system for Digital Fusion, an electronics company looking to enhance its online presence. The goal is to create a user-friendly website that supports both business-to-business and business-to-consumer transactions, thereby increasing market share by 15% in the first year and 25% in subsequent years.

Project Scope Management

Business Objectives

To successfully design and implement a website that meets the specified functional requirements provided in the request for proposal (RFP) while adhering to the allocated budget of $500,000.

Product Description

The product will be a dual-access website allowing secure ordering and information access for both business clients and individual consumers, integrating with existing inventory and customer relationship management systems.

Project Milestones

  • Project Start Date: MM/DD/YYYY

  • Project Completion Date: MM/DD/YYYY

  • Review Milestones Monthly

Project Deliverables

The deliverables include a functioning website that meets all specified requirements, detailed documentation, and a maintenance schedule.

Project Time Management Plan

Work Breakdown Structure

The work breakdown structure will outline all tasks and subtasks necessary to complete the project. This will be developed using Microsoft Project to ensure clear visibility of each component's timeline.

Project Schedule

The project schedule will include all necessary tasks, estimated durations, dependencies, and a critical path analysis to highlight the project's timeline and key deadlines.

Project Cost Management

Cost Estimate Overview

The project budget will cover all personnel costs, software purchases, hardware requirements, and operational expenses outlined in the budget summary. A detailed cost estimate will be prepared to include any contingencies.

Budget Summary Information

  • Personnel Costs: $X

  • Software Costs: $X

  • Hardware Costs: $X

  • Contingency Fund: $X

Project Quality Management

Quality Assurance Measures

To ensure product quality, regular assessments will be made using established quality tools and metrics throughout the project lifecycle. The goal is to achieve a high-quality product that meets stakeholder expectations and complies with industry standards.

Lessons Learned and Reflection

This section will contain a reflective analysis post-project implementation, discussing what strategies proved effective and identifying areas for improvement for future projects.

Conclusion

This Project Management Plan serves as the foundational document ensuring all stakeholders are understood regarding the project objectives, scheduling, cost estimation, and quality management measures. Adhering to this plan will facilitate the successful completion of the Digital Fusion website project.

References

  • Gido, J., & Clements, J. P. (2018). Successful Project Management. Cengage Learning.

  • Schwalbe, K. (2019). Information Technology Project Management (8th ed.). Cengage Learning.

  • Kerzner, H. (2017). Project Management: A Systems Approach to Planning, Scheduling, and Control (12th ed.). Wiley.

  • PMI. (2021). A Guide to the Project Management Body of Knowledge (PMBOK Guide) (7th ed.). Project Management Institute.

  • Lock, D. (2020). Project Management (10th ed.). Gower Publishing.

  • Burke, R. (2013). Project Management: A Practical Approach. Pearson.

  • Crawford, L. (2014). Advance Project Management: Information Systems Planning, Scheduling, and Control. Gower Publishing.

  • Gray, C. F., & Larson, E. W. (2017). Project Management: The Managerial Process (7th ed.). McGraw-Hill Education.

  • Heldman, K. (2018). Project Management Jumpstart (3rd ed.). Wiley.

  • Teller, J., Kock, A., & Gerding, J. (2020). Project Manager’s Toolbox: A Comprehensive Guide to Project Management. Duxbury Press.

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