Project Management Business Plan

      see the following structure for your report with sub-headings as appropriate: 1. Title Pagea. Project nameb. Project titlec. Group details presented in a table with names, student numbers and APM period (with corresponding dates) 2. Table of Contents Page• In addition to the outline note, the name of each person that contributed to that section (e.g. 3. Executive Summary – John Doe, Jane Doe.)• Include listing for graphs, charts, pictures, etc. 3. Executive Summary, with:a. Project Justification – why the project is necessary.b. Project Aim – what the project sets out to achieve.c. Project Scope – inclusions, exclusions, constraints, assumptions, and key deliverables of the project.d. Purpose of the Project Management Plan – how this specific document relates to your project, and what it covers. 4. Backgrounda. Describe the need (i.e. issue, problem, market gap, etc.) the project is set to address.• Provide sufficient detail to prove that the project is not misguided (i.e. recognise project’s constraints and context).• Don’t just list the details – explain to the reader how and why they are related to the project.b. Describe how and why existing or similar approaches, products, technologies and/or projects might be applicable and/or relevant to your project.• Use a table to indicate how these projects are similar.5. Evaluation of Alternatives – (As relates to your Weighted Scoring Model from Week 4) (Note: Depending on what alternatives were considered, it may make more sense to include this section before, within, or after the ‘Project Concept’ section. This is up to you.)a. Briefly describe the alternative projects that were presented for evaluation (your group’s weighted scoring model that you complete to choose this project).b. Briefly explain and justify the criteria, rankings, weightings, and rating schemes used in developing the Project Selection Matrix.c. Present the final Project Selection Matrix developed for the evaluation.d. Provide a summary and analysis of the outcome. 6. Project Concepta. Describe the project. Include whatever pictures, sketches and/or drawings that you think best convey the project concept. Start with an overview and then discuss the various aspects and components in more detail.b. Project objectivesc. Project requirements and deliverablesd. Project Key Performance Indicators (Identify at least 5 KPIs - measureable) 7. Project Feasibilitya. Discuss the feasibility and sustainability of the project, and identity key areas of strength and weakness.b. Approval requirementsc. Project assumptions (Identify at least 5 assumptions.)d. Known constraints (Identify at least 5 constraints.)e. Expected benefits and dis-benefits (Identify at least 5)f. Investment Appraisalg. Benefit review plan 8. Product Breakdown Structure & Organizationa. Demonstrate the project management team structure using an organogram.b. Describe the various roles and identify responsibilities associated with each role. Also specify team members assigned to each role, outlining their key attributes which indicate their capacity and ability to perform roles and responsibilities assigned to them.c. Outline the Project Product Breakdown Structure (PBS) d. Develop a comprehensive project plan addressing the following Plan description:• Plan prerequisites – Any fundamental aspects that must be in place and remain in place for the plan to succeed• External dependencies – External factors that may influence the plan • Planning assumptions – Assumptions upon which the plan is developed• Lessons incorporated – Details of any lessons from previous similar projects which have been reviewed and accommodated within this plan• Monitoring and control – Details of how the plan will be monitored and controlled• Budgets – Covering time and cost, including provisions for risks and changes• Tolerances – Time, cost and scope tolerances• Product descriptions – Covering products within the scope of the plan • Schedule – Which may be graphical representations of a. Gantt or bar chartb. Activity network       9. Project Quality Managementa. Based on the PBS above, develop product descriptions for the applicable products of your project.b. For the applicable project products described above, outline relevant quality control activities necessary to ensure that their product quality criteria are met.c. Clearly present a report format for recording quality control activities undertaken as part of your project. Describe any applicable roles and responsibilities. 10. Project Risk Managementa. Complete a risk register for the project including development issues and operational issues. (Identify at least 5 risks.)b. Provide the risk matrix – Probability/Impact matrixc. Present a risk management procedure for your projectd. Other information related to Risk Management:• Risk management planning• Risk identification• Qualitative risk analysis• Quantitative risk analysis• Risk response planning• Risk monitoring and control• Risk analysis techniques used• Risk acceptance parameters/criteria• Risk categories• Change control processes• Risk tolerance, etc. 11. Change and Issue Managementa. Where any of the project products delivered has failed to meet acceptance criteria or a change request has been received with the potential of impacting on project’s product and therefore implies additional work, clearly outline the change management process and change authority developed for your project. • Highlight likely cost implications and how these will be managedb. Outline the configuration management procedure for your projectc. What is your project approach for dealing with exigent circumstances and problems likely to impact on your project> 12. Project Progress Controla. What are the different project control mechanisms adopted for the project you are undertaking?b. Clearly outline allowable project tolerances for time, cost, quality, benefit, scope, and risk at the different levels of management. c. Demonstrate project plan split into different stage plans to enable control.