Paper P1

Document 1 Project Charter

Project Charter: At the end of week two, you are to create and submit the project charter. This is the first official document to be reviewed and approved by the project sponsor. The project charter will include the following components:

· Project title

· Purpose

· Description

· Objective

· Success criteria or expected benefits

· Funding

· Major deliverables

· Acceptance criteria

· Milestone schedule

· Key assumptions

· Constraints

· Major risks

· Approval requirements

· Project manager

· Reporting requirements

· Sponsor designee

· Approval signatures required

Document 2 Scope and Schedule

Summary:

Scope and Schedule: At the end of week 4, you are to finalize the initially approved scope from week two and start building the project schedule. In this week, you are also to work on building the project Work-Breakdown Structure (WBS). Project scope and schedule will include the following components:

- Finalized project scope - Project requirements – in more details - WBS structure - Developed project schedule - Identify key milestones and deliverables - Outline project resources and assign them to tasks accordingly. - Stakeholder engagement – communication plan

Document 3 Budget and Risk Management

Summary:

Budget and Risk Management: At the end of this week, you are to finalize the overall project cost and clearly document project risks gathered throughout the project. As part of the risk management plan, you are expected to share a risk response plan. Project cost and risk management plans will include the following components:

- Overall project budget (utilizing EVM – share current and forecasted project status) - Project requirements – updated - Cost management plan – outlining contingency plan for project changes - Detailed risk management plan - Risk response plan - Risk mitigation plan - Change management process - How project RAID (Risk, The assumption, Issues, and Dependencies) will be managed - Stakeholder engagement – communication plan

Document 4 finalize the overall project management

Summary:

Final week, you are to finalize the overall project management plan (PMP) and to ntegrate all previously submitted components incorporated with instructor (project sponsor) feedback into a single project management plan. The project management plan will include the following components:

- Project quality management plan to include an updated scope, cost, schedule, communication, risk, resources, procurement, and quality) - Updated changes – Change Request (if any) - Project requirements – updated - Stakeholder register – updated - How project RAID (Risk, Assumption, Issues, and Dependencies) - Document project lessons-learned - Project sponsor approval of the key project deliverables

Overview:

This course project introduces an opportunity to explore all the project stages (from inception to closing) facilitated by the well-known Project Management Group Processes (initiation, planning, execution, monitoring and control, and closure) as outlined in the PMBOK® Guide.  

1. Pick your own project: a. Students will have the option to also choose their own project – project scope will need to be approved by the course instructor. 

Background:  As you progress through the weekly materials in the course, you will apply the key principles and knowledge areas (Scope, cost, schedule, quality, resources, risk management, procurement, communication, and stakeholder management) to your project. You will use Microsoft Project software, or other appropriate software including Microsoft Excel to track the entire project management plan (PMP), develop the schedule, and track the overall progress of the project. As the project manager (PM) for a medium-scale project, you will apply fundamental principles and best practices to conduct your project from inception to closing. Each assignment provides further detail   Requirements: - Meet the weekly assignments’ requirements (total of 4 assignments to complete the entire project) within the 8 weeks duration of the course. - You will be assigned as the main PM for the project, where you will own the entire project - Your course instructor will act at the project sponsor – can address all your questions and concerns and will provide you feedback during the weekly assignments submissions. - The project will include internal and external stakeholders, vendors, team members, and contractors. - A well-defined project charter must be approved by course instructor by end of week two. - Your final project management plan, as well as the weekly submissions, must adhere to the following formatting requirements: a. APA version 7 is the required format for the entire paper. b. Turnitin tool