Assignment
Running Head: PROJECT MANAGEMENT 1
PROJECT MANAGEMENT 4
Project Management
Name:
Institution:
Date:
Introduction
Notably, project management refers to the process of using the principles, policies as well as procedures with the aim of managing a project, particularly from conception to completion. Therefore, project management will account the application of various aspect such as skills, tools, knowledge, and techniques to project activities which are set to meet the project requirements (Rouse, 2016). Seconding Rouse(2016), with project management overseeing processes such as planning and organizing, this paper bring to light a program project which will enlighten on a plan for funding and after school care program. It is worth noting that, with the project set to utilize both public and private funds, the contextual plan will educate on the use of the two through incorporating them in the plan as well as identifying.
|
Project Code |
Project Item |
Amount in Dollars |
Fund Source Private/ Public |
|
001 |
Infrastructure Services |
5500 |
Both |
|
002 |
Staff Operations |
3000 |
Both |
|
003 |
Security Operations |
2700 |
Public |
|
004 |
Remedial Services |
2500 |
Private |
|
005 |
Emergency services |
1000 |
Both |
|
|
Total Budget in Dollars |
14700 |
Both |
In conclusion, for efficient completion of the contextual project, there is the need to fund it with approximately $14700. However, such is set to projections due to some arising situation, although, they should be based on realistic values. It is worth noting that, even with such a projected budget, there is the need to embrace efficient measures and strategies, which will not only ensure appropriate allocation and use of the funds but also monitoring the progress of the project to eliminate the project requiring more time for its completion which will account for more funds.
References
Rouse, M. (2016). Project Management. TechTarget Inc.