Project Life CycleBSBPMG428 Apply project life cycle management processesBSBOPS405 Organise business meetings

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Answered 1 days AfterSep 14, 2024

Answer To: Project Life CycleBSBPMG428 Apply project life cycle management processesBSBOPS405 Organise business...

Shubham answered on Sep 16 2024
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Task 1: Knowledge Questions
1.1 Project Initiation and Management
a. Describe two examples of project initiation documentation:
1. Project Charter: The document outlines objectives, stakeholders, scope and budget of project. It is considered as formal authorization for project and set direction for the execution.
2. Statement of Work: The SOW provides detailed desc
ription of deliverables, timeline and work requirements of project. It specifies needs to be accomplished along with expected outcomes and schedule for deliverables.
b. Describe the linkage between a project with which you are familiar and the goals of the organization:
In recent project to implement new customer relationship management system, the linkage to organizational goals was clear. The CRM system aims to enhance customer satisfaction and streamline sales processes (Reiff & Schlegel, 2022). The project aligned with objective of company of improving customer engagement and increasing revenue by providing efficient tool for managing customer interactions and data.
c. Describe the contents of a typical Project Charter:
· Objectives: Clear and measurable goals the project aims to achieve.
· Scope: Defines the boundaries and deliverables of project.
· Stakeholders: Key individuals and groups affected by the project.
· Risks: Potential issues that could impact project success.
· Milestones: Major deliverables or checkpoints.
· Expected Outcomes: The anticipated results and benefits of project.
d. Describe the components of a typical project governance structure:
· Project Sponsor: Provides high-level support and resources.
· Steering Committee: Offers strategic guidance and oversight.
· Project Manager: Manages day-to-day operations and execution.
· Project Team: Executes project tasks and deliverables.
· Project Management Office: This ensures following of project management standards and practices.
e. Describe the project life cycle stages that apply to projects in organization:
· Initiation: Defining the project and securing authorization.
· Planning: Developing detailed plans and schedules.
· Execution: Implementing project plans and managing resources.
· Monitoring & Control: Tracking progress and making adjustments.
· Closure: Finalizing all activities and formally closing the project.
f. Describe 5 typical components of a project Scope Statement:
1. Project Objectives: Specific goals the project aims to achieve.
2. Deliverables: Tangible outcomes and outputs of project.
3. Boundaries: What is included and excluded from project.
4. Constraints: Limitations and restrictions affecting the project.
5. Acceptance Criteria: Conditions under which deliverables are accepted.
g. Roles of 3 or 4 team members:
· Project Manager: Look after progress of project along with management of team and ensured milestones were met.
· Technical Lead: Provided technical expertise for making decisions on software architecture and supervise development tasks.
· Quality Assurance Specialist: Conducted testing for ensuring that software met quality standards and identified bugs.
· Business Analyst: Includes requirements from stakeholders and provide functional specifications for development team.
1.2 Project Planning and Design
a. Describe the top-down process for determining level 2 deliverables in WBS:
The top-down process for determining level 2 deliverables in Work Breakdown Structure starts with decomposing major deliverables of project in smaller and manageable components (Tereso et al. 2019). It includes identifying key sub-tasks and phases that align with objectives of project and breaking in detailed activities or tasks.
b. Describe a set of deliverables for a...
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