BUS 633 WEEK 3 FINAL PROJECT

PROJECT MANAGEMENT BASELINES 1

Project Management Baselines

Jocelyn F Brooks

BUS 633: Project and Operations Management

Dr. Penni Cooke

October 19, 2020

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PROJECT MANAGEMENT BASELINES 2

The projects scope is founded on tasks that are aimed at establishing widget management

systems. The project showcases elements that are in, as well as out of scope. The aspects within

the scope entail the acquisition of cloud systems and installing them in the firm. The evident out

of scope facets are actual reduction of firm costs and reduced operational cost. These elements

can only be arrived at or realized once the project’s scope is completed. The core objective is

managing the widget, which have an increasing importance. The project is seeking to achieve

cost reduction by acquiring reliable widget management systems. The other goal is to achieve a

better usage of modern operational technologies. Another vital objective is the reduction of

operational cost due to the cloud-based system’s efficiency (Institute, 2019). The project will

involve sourcing and installing cloud systems in the firm. The project managers will oversee all

operations to ensure that the project gets completed successfully. The project will require several

weeks to complete. The tasks involved are conception of the idea, planning, execution,

monitoring, and closure. The cloud systems will be tested to confirm their efficiency before the

project’s closure. There are a few limitations that may face the company. During project

execution, limitations such as cost and quality are likely to emerge. Costs pertaining cloud

hardware and software and other resources may increase, hence affecting the entire project.

Cases of poor-quality resources, especially labor and materials can affect the project adversely.

Risks and time inadequacy are evident constraints that will affect the project. As such, the

project managers have a role of avoiding risks and ensuing that project teams observe the

stipulated timelines.

Assumptions

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1

1. The projects scope is

founded on tasks that are

aimed at establishing

widget management

systems.

this should support your

project charter for ILS from

week 1 and build upon it.

[Penni Cooke]

PROJECT MANAGEMENT BASELINES 3

The cloud-based system will bring forth positive results. Apart from eliminating high

operational costs, it will improve efficiency. Although the costs required to support the cloud

will be high, the benefits will be more once the project lapses. The firm’s clientele will enjoy

affordable and high-quality services. To be precise, the operational facility will operate better

compared to the period before cloud-based systems. The improvements will facilitate client

satisfaction, an aspect that will enhance competitiveness in the operational sector. The firm will

not incur high operational costs in the future after taking the technological path.

Project Phases

The project will involve five main phases. They entail initiation, planning, execution,

monitoring and control, and closure. As the first stage, project initiation involves examining a

project’s value and feasibility. The managers will employ feasibility studies and business case

documents to proceed with initiation. Project planning occurs after a project has been approved.

In planning, project managers will capitalize on acquiring resources, finances, and the relevant

materials (Lock, 2017). The project execution phase involves building deliverables that meet the

customers’ needs. The core tasks at this phase are keeping team members focused and allocated

resources accordingly. The fourth phase is project monitoring, which involves matching

performance with the expected goals. It is vital to examine variations from the indicated costs

and times. This approach will keep the project running smoothly without any hurdles. Project

closure is the final phase, which terminates the project after realizing the desired goals. The

teams handling the project will close it after delivering the cloud-based system to the firm.

Timelines

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PROJECT MANAGEMENT BASELINES 4

Tasks/Date 15th-19 Feb 2020 20th-23th Feb

2020

25th-2nd March

2020

5th March 2020

Conception 

Planning 

Execution 

Monitoring 

Closure 

The project’s tasks are well-planned to facilitate its execution and achievement of results.

Conception will take place in four days. This period is enough for the project managers and

stakeholders to recognize the essence of cloud systems (Institute, 2019). With specialists in

place, it will only take 3 days to plan the project. Three days are adequate since the firm is in a

dire need of reducing its costs. The execution will a whole week to allow proper system

installation and examinations. Closure will take place three days after execution to allow the firm

to observe its system’s response to the cost factor.

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1

1. Tasks/Date 15 th -19 Feb

2020

This should be a fully

completed schedule - like a

WBS beginning in Feb -

ending before or on Dec 30 of

this current year with dates,

time frames for each tasks (

i.e. 2 days, 1 week, etc)

and again -this should reflect

tasks for setting up the new

company in the new country

for ILS [Penni Cooke]

PROJECT MANAGEMENT BASELINES 5

References

Institute, P. M. (2019). A Guide to the Project Management Body of Knowledge (PMBOK(R)

Guide-Sixth Edition. Chicago: Project Management Institute.

Project Management Institute,, & Project Management Institute,. (2017). A guide to the project

management body of knowledge (PMBOK guide).

Lock, D. (2017). The essentials of project management. Burlington, VT: Ashgate Pub.

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