Description
Continue using the Project Charter/Project Management Plan template that you previously submitted, and add the new pertinent information for the following sections: Work Breakdown Structure (WBS), Project Schedule, Budget, Communications Matrix, and Risk Matrix.
Based on the project charter that you developed in Unit 1, you will now proceed with your project planning. You have determined that you need to define the scope and complete your work breakdown structure (WBS) to the lowest level work package, which will help you develop the activities for the project schedule. You will also determine the overall project budget and plan the communications within the project. You will identify risks that may affect the project. The requirements for this section are as follows:
- Define the scope: Determine what the project objective will be, and define the scope of the project.
- Create the WBS: Start with the high-level deliverable, and add the lower level elements to include the lowest level work package.
- Develop the project schedule: Based on the work packages, determine the activities for the project schedule, and add planned beginning and end dates for the activities. You should have a minimum of 10 activities.
- Determine the budget: Using the WBS and project schedule, determine the overall project budget. Include major categories such as materials, labor, and other expenses.
- Plan communications: Using the stakeholders you identified in the project charter, create a matrix to show the plan for communicating with these stakeholders. Include each stakeholder's name, the content to be communicated, the frequency of communication, and the method.
- Identify risks: Additionally, identify the risks that are associated with the project. Include both threats and improvement opportunities.
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Explanation & Answer
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Running head: PROJECT MANAGEMENT CAPSTONE
PM665 Project Management Capstone
Project Charter/Project Management Plan
In Home Learning Center
Erin Ramsay
April 16, 2018
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PROJECT MANAGEMENT CAPSTONE
Table of Contents
Table of Contents ............................................................................................................................ 2
1.0 Project Initiating........................................................................................................................ 4
1.1 Project Charter ...................................................................................................................... 4
1.1.1 Justifying the Project.........................................................Error! Bookmark not defined.
1.1.2 Aligning the Project to the Organizational Strategy .........Error! Bookmark not defined.
1.1.3 Identification of Stakeholders ...........................................Error! Bookmark not defined.
2.0 Project Planning ........................................................................................................................ 6
2.1 Defining the Scope ................................................................................................................ 6
2.2 Work Breakdown Structure .................................................................................................. 6
2.3 Project Schedule.................................................................................................................... 6
2.4 Project Budget ....................................................................................................................... 8
2.5 Communications Matrix ....................................................................................................... 8
2.6 Risk Identification ................................................................Error! Bookmark not defined.
3.0 Project Executing .................................................................................................................... 10
3.1 Quality Assurance Tools and Techniques........................................................................... 10
3.2 Managing the Project Team ................................................................................................ 10
3.3 Procurements....................................................................................................................... 10
3.4 Managing Stakeholder Engagement ................................................................................... 10
4.0 Project Monitoring and Controlling ....................................................