As part of the requirements, you are required to complete an individual assignment
that demonstrates your understanding of project planning and management. This
assignment will involve the planning and management of a hypothetical project,
covering all key phases from initiation to closure. Your submission should be
comprehensive and reflect a professional approach to project management.
1. Assignment Objectives
a) Demonstrate Understanding of Project Planning and Management
b) Develop a Detailed Project Plan
c) Apply Risk Management Techniques
d) Utilize Project Management Tools and Techniques
e) Evaluate Project Success Criteria and Lessons Learned
2. Assignment Tasks
1. Project Selection and Initiation
a. Select a Project: Choose a hypothetical project (e.g., launching a new product,
organizing a corporate event, developing a software application).
b. Project Charter:
Create a project charter that includes: – Project title – Project
objectives – Project scope – Project deliverables – Stakeholders – Project assumptions
and constraints – Project risks – High-level timeline and budget
3. Project Planning
a. Work Breakdown Structure (WBS): Develop a detailed WBS that breaks the
project into manageable sections.
b. Gantt Chart: Create a simple Gantt chart using excel that outlines the project
schedule with start and end dates for each task.
c. Resource Allocation Plan: Identify the resources (human, financial, material)
needed for each task and develop a resource allocation plan.
d. Budget Plan: Prepare a detailed budget plan including cost estimates for each
phase of the project.
4. Risk Management
a. Risk Register: Develop a risk register that identifies potential risks, their impact,
probability, and mitigation strategies.
b. Risk Management Plan: Create a risk management plan outlining how risks will be
monitored and controlled throughout the project lifecycle.
5. Project Execution and Control
a. Communication Plan: Develop a communication plan that outlines how information
will be disseminated to stakeholders.
b. Quality Management Plan: Create a quality management plan detailing how
project deliverables will be measured and controlled for quality.
7. Project Closure
a. Project Closure Report: Write a project closure report that includes: – Summary of
the project – Achievement of objectives – Project performance (scope, time, cost,
quality) – Lessons learned – Recommendations for future projects
