The name of the project is: Organizing a food drive to provide to a Family Support Network. Develop an analytical report of the above project with specific focus on the components and questions/statements listed below: (1) State the name of the project and give a brief description of the project. (2) Outline the problem(s) that the project was initiated to solve or the opportunity it exploited. (3) Describe the technique or method used to select the project. (4) Identify and describe at least five (5) characteristics that make this endeavour a project. (5) Identify the project developmental approach used for the project. Give reasons or justification for your conclusion(s). Hint: (Agile, Waterfall/Traditional, or Hybrid approach?) (6) Using your knowledge of the project life cycle and information gathered from the examination of the project documents, describe the phases of the project and the key activities/tasks associated with each phase of the project. (7) List and describe at least three (3) key constraints of the project. (8) Identify at least four (4) critical issues that the project management team faced in executing, monitoring, and controlling project work and discuss the strategies used to effectively manage these issues. (9) Critically assess and comment on the success of the project from the following viewpoints: a. Level or degree of alignment of end results and outcomes to the organization’s strategic goals. b. Level of success in the management of the triple constraints of time, cost, and scope. c. Level or degree of customer/user satisfaction of results and outcomes d. Value created for the organization. (10) Explain the processes and/or activities that the project team used to deliver a quality service, result, or product to the sponsor, customers, and users.
Critical Path Method
The critical path is the longest succession of tasks that has to be successfully completed to conclude a project entirely. The tasks involved in the sequence are called critical activities, as any task getting delayed will result in the whole project getting delayed. To determine the time duration of a project, the critical path has to be identified. The critical path method or CPM is used by project managers to evaluate the least amount of time required to finish each task with the least amount of delay.
Cost Analysis
The entire idea of cost of production or definition of production cost is applied corresponding or we can say that it is related to investment or money cost. Money cost or investment refers to any money expenditure which the firm or supplier or producer undertakes in purchasing or hiring factor of production or factor services.
Inventory Management
Inventory management is the process or system of handling all the goods that an organization owns. In simpler terms, inventory management deals with how a company orders, stores, and uses its goods.
Project Management
Project Management is all about management and optimum utilization of the resources in the best possible manner to develop the software as per the requirement of the client. Here the Project refers to the development of software to meet the end objective of the client by providing the required product or service within a specified Period of time and ensuring high quality. This can be done by managing all the available resources. In short, it can be defined as an application of knowledge, skills, tools, and techniques to meet the objective of the Project. It is the duty of a Project Manager to achieve the objective of the Project as per the specifications given by the client.
The name of the project is: Organizing a food drive to provide to a Family Support Network.
Develop an analytical report of the above project with
specific focus on the components and questions/statements listed below:
(1) State the name of the project and give a brief description of the project.
(2) Outline the problem(s) that the project was initiated to solve or the opportunity it
exploited.
(3) Describe the technique or method used to select the project.
(4) Identify and describe at least five (5) characteristics that make this endeavour a
project.
(5) Identify the project developmental approach used for the project. Give reasons or
justification for your conclusion(s). Hint: (Agile, Waterfall/Traditional, or Hybrid
approach?)
(6) Using your knowledge of the project life cycle and information gathered from the
examination of the project documents, describe the phases of the project and the key
activities/tasks associated with each phase of the project.
(7) List and describe at least three (3) key constraints of the project.
(8) Identify at least four (4) critical issues that the project management team faced in
executing, monitoring, and controlling project work and discuss the strategies used to
effectively manage these issues.
(9) Critically assess and comment on the success of the project from the following
viewpoints:
a. Level or degree of alignment of end results and outcomes to the organization’s
strategic goals.
b. Level of success in the management of the triple constraints of time, cost, and
scope.
c. Level or degree of customer/user satisfaction of results and outcomes
d. Value created for the organization.
(10) Explain the processes and/or activities that the project team used to deliver a
quality service, result, or product to the sponsor, customers, and users.
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