Project Management Plan
Running Head: Cosmo Inc. Wearable Technology Marketing Strategy 1
Cosmo Inc. Wearable Technology Marketing Strategy 2
Cosmo Inc. Wearable Technology Marketing Strategy
Student’s Name
Name of the professor
Institutional Affiliation
Date of submission
Cosmo Inc. Wearable Technology Marketing Strategy
The following enclosure includes the project schedule activity sequencing, the project cost estimate and the integrated change control plan portions of our entire project.
Project Schedule Activity Sequencing:
With a limited timeframe of only 10 weeks the following schedule has been created. This includes predecessor activities that need to be started and or finished before a successor task can be started and/or finished.
The table below is a high level overview of the project duration beginning on 02/07/2020 and finishing on 04/04/2020:
Utilizing a basic Gantt chart the predecessors/ successors are outlined in depth below:
Project Estimate Cost:
This section includes an estimated budget of the entire project, it includes breaking down the estimated labor costs and materials for the Cosmo Inc. designed to align with the WBS and sectioned out by phases. In addition, assumptions, constraints and dependencies are also included. The actual cost of the project is yet to be determined. The entire budget for the project is capped at $150,000
Assumptions:
· All team members contain the skills and knowledge about Cosmo Inc.’s wearable technology required by the project.
· All team members will be available during the project time span.
· Funding is available to support the needs of the project.
· The project owner is able to provide the necessary financial support for completion.
· Team will successfully manage to produce deliverables within to the project scope, budget and schedule.
Constraints:
· Limited data that is necessary to conduct market analysis due to the time frame in which this project is allowed.
· Developers may have technical limitations.
· There is a small team involved, if team members are absent during the project it will hinder the timeframe for completion.
Dependencies:
· Development of the product and application that operates the merchandise.
· Marketing director to develop the logo and sales pitch for the new product.
· Development of the training program that will be utilized by the customer support staff.
Total Estimated Cost:
Proposed Hardware Costs:
Proposed Software Costs:
Proposed Personnel Costs:
Integrated Change Control Plan:
This portion of the project includes plans for change control through requests, facts, processes judgement and review. Once approved, the changes will be updated to the project management plans and procedures. Organizational impacts depend on the changes that are sought to be implemented; therefore, projection of their impact on the project is unable to be forecasted without knowing details about the change.
This process will be discussed during a series of review and change meetings, which are scheduled to be held weekly according to the following schedule in the boardroom:
|
Date |
Time |
|
February 14, 2020 |
11:00am-12:00pm |
|
February 21, 2020 |
11:00am-12:00pm |
|
February 28, 2020 |
11:00am-12:00pm |
|
March 6, 2020 |
11:00am-12:00pm |
|
March 13, 2020 |
11:00am-12:00pm |
|
March 20, 2020 |
11:00am-12:00pm |
|
March 27, 2020 |
11:00am-12:00pm |
|
April 3, 2020 |
11:00am-12:00pm |
|
April 10, 2020 |
11:00am-12:00pm |
References
The Guide To The Project Management Body of Knowledge (PMBOK Guide). The Guide To The Project Management Body of Knowledge (PMBOK Guide). 6. Newtown Square: Project Management Institute, 2008.