Identify and assess project risks

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Reference no: EM133852725

IT Project Management

Assessment 1:

Description:
In this individual assignment, you will make a presentation on applying IT project management knowledge to a given case study and on developing project management proposals and plans.

Instructions:
Choose an IT project management case study from the following sources:

Develop a project management proposal that outlines the objectives of the project, its scope, schedule and budget.
Prepare a presentation of 12 - 15 slides and record your video for not more than 5 minutes, demonstrating your application of ITPM knowledge to the chosen case. Present key project management plans, including risk management, stakeholder analysis, and quality assurance.

Assessment 2:

Description
In this individual assessment, you will be required to analyze recent project management (PM) trends and apply appropriate techniques to develop project plans for a case study.
Assignment 2: Case Study Report on Recent Project Management Trends

Background:
As a project manager, you are often required to adapt to emerging trends in project management to ensure successful project outcomes. This assignment gives you the opportunity to select a recent trend in project management and apply it to a real-world or hypothetical case study of your choice. The chosen case study should reflect a project in IT or a closely related field (e.g., software development, cloud computing, AI, cybersecurity).
In this assignment, you will analyze the selected trend, develop a project plan, and demonstrate how these methodologies can be implemented to optimize project management practices.

Assignment Task:
As the project manager, your task is to select a case study of your choice and apply a recent project management trend to dev elop a comprehensive project plan. Your submission must address the following objectives:
Case Study Selection and Trend Analysis:
Choose a relevant case study that reflects an IT-related project (e.g., software development, cloud deployment, AI integration, digital transformation, cybersecurity). Some resources are provided below for your reference. You can use these for your understanding.

Select a recent project management trend (e.g., Agile, Hybrid methodologies, AI in project management, DevOps).
Analyse the impact of the selected trend on the project management process, focusing on how it can improve efficiency, resource management, and overall project success.
Identify key project parameters, including scope, schedule, budget, quality, and risks, and explain how the trend addresses these aspects.

Project Plan Development:
Apply trend-specific project management techniques (e.g., Agile sprints, DevOps, AI-driven project tracking) to develop the project plan for your chosen case study.
Develop a detailed project flow from initiation to closure, addressing challenges and solutions specific to the chosen case study.
Allocate resources effectively, ensuring that roles, responsibilities, and skills align with the project's goals.
Create a project timeline, specifying milestones, dependencies, and deliverables.
Estimate the project budget, considering personnel, technology, and contingency planning.

Case Study Report (approximately 500 words):
A detailed analysis of the selected case study and the chosen project management trend.
Explanation of the rationale for using the selected trend and its benefits for managing the project.
Supporting evidence and examples of how the trend has been applied in similar projects in the industry.

Project Plan (approximately 700 words):
Project Flow: A flowchart illustrating the sequence of activities from initiation to project closure. Describe the flow from initiation to closure and address any specific challenges and solutions.
Resource Allocation: A clear resource plan specifying roles, responsibilities, and allocation percentages. Specify roles, responsibilities, and resource allocation with reasoning behind resource management choices.
Timeline: A comprehensive timeline showing key milestones, deliverables, and dependencies. Describe key milestones, dependencies, and deliverables, explaining the reasoning behind the project schedule.
Budget Estimate: A breakdown of costs for each phase of the project, including personnel, technology, and contingency. Provide a detailed breakdown of costs and justify how the budget supports the project phases and goals.

Instructions
Students select a recent trend in project management (examples such as: Agile, Hybrid, AI in PM, Remote Project Team etc.)
Analyze how the trend has impacted the field of IT project management. Book assignment help service now!
Apply techniques related to the trend to develop a project plan for the given case study.

Prepare a report of 1200 words including the rationale of using the selected PM techniques.

Assessment 3:

Description
In this group assessment, you will be given a real-life scenario to apply project management principles and techniques to analyze and manage project parameters, scope, deliverables, and budget. You will also have to make appropriate recommendations for contingency plans in this case study.
Each group will prepare a comprehensive report with a word count of 2500 words. Additionally, each group member is also required to complete (i) a peer review report and (ii) a self-reflective report as individual submission.
Sample Scenario (Students can use this scenario as a reference and accordingly select a scenario for you based on your topic)
Your team has been selected by a prominent technology firm to oversee the development and deployment of an innovative mobile application designed to streamline project management for small to medium-sized businesses. This app aims to simplify project tracking, deadline management, and task delegation, while providing users with a comprehensive overview of project timelines, milestones, and resources.
The app will include features like real-time progress updates, notifications for upcoming deadlines, budget tracking, and a collaboration hub for project teams. Additionally, it will offer analytics tools to monitor project efficiency and identify areas for improvement.
The company has established aggressive goals for this project: the app must be completed within a four-month period and operate within a constrained budget, as they plan to penetrate a competitive market swiftly. Success in this project is vital for the company's strategic shift toward supporting small business clients and strengthening its foothold in the project management software industry.
Tasks
All groups are required to complete the following tasks in this assignment
Define the project scope, objectives, and deliverables.
Identify and document project stakeholders.
Conduct requirements analysis, including functional and non-functional requirements.
Identify key performance indicators (KPIs) for project success.
Identify and assess project risks, focusing on budget, timeline, technical, and resource constraints.
Develop contingency plans for critical risks.
Create a detailed project timeline with tasks, milestones, and dependencies.

Define a milestone tracking system to monitor progress.
Allocate resources across tasks, ensuring skill alignment with project requirements.
Estimate the project budget, considering costs for personnel, software tools, and contingencies.
Set up a system for regular project updates and performance monitoring.
Track project KPIs to ensure alignment with goals.
Conduct a final project evaluation, assessing the project's alignment with goals, budget, and timeline.
Document lessons learned and provide recommendations for future projects.

Mandatory Deliverables
Group Report (2500 words)
This comprehensive report will contain the following sections, each aligning with key project management phases:
Executive Summary: Briefly summarizes the project's purpose, scope, and key findings.
Introduction to the Project: Provides context and introduces the software development company and the new mobile application, explaining the project's importance and objectives.
Project Scope and Objectives: Defines what is included in the project and clarifies the specific objectives to be achieved.
Project Plan and Timeline:
Detailed Project Plan: A breakdown of major tasks, phases, and dependencies.
Timeline: Visual representation (e.g., Gantt chart) showing the project's schedule, milestones, and task dependencies.
Resource Allocation and Budget Management:
Resource Allocation Plan: Lists roles and responsibilities, ensuring resources are distributed effectively.
Budget Estimate: A breakdown of estimated costs by phase, including personnel, tools, and contingencies, with justification for allocations.
Risk Management and Contingency Plans:
Risk Management Plan: Identifies potential risks and provides probability-impact assessments.
Contingency Strategies: Outlines alternative approaches for high-impact risks.
Project Monitoring and Control:
KPI Tracking System: Specifies key performance indicators for monitoring project health.
Milestone Tracking: A tracker template for milestone and deliverable completion status.
Conclusion and Recommendations: Reflects on the project's outcomes and provides recommendations for future projects, covering

Project Status Report Template: A standard format for periodic updates on project progress, issues, and adjustments.
Lessons Learned Document: Captures insights, challenges, and successes, documenting practical lessons for future projects.
Peer Review Report (Individual Submission)
Evaluation of each group member's contribution to the project.
Feedback on strengths and areas for improvement.
Self-Reflective Report (Individual Submission)

Reflection on personal learning experiences throughout the project.
Insights gained, challenges faced, and strategies for improvement in future projects.
Video Presentation (5-7 minutes)
A concise summary of the group's project management process and key findings.

Instructions:
The group of students will analyze a real-life scenario in which students will apply project management principles to manage project scope, deliverables and budget.
You will also develop recommendations for contingency plans.
Some of the examples of scenario could be:
Managing a software development project for a healthcare system
Implementing a cloud-based IT infrastructure for a company
Launching a mobile application for e-commerce.

 

Reference no: EM133852725

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