Executive Summary, Evaluation, and Plan 1 Executive Summary, Evaluation, and Plan Capella University
Executive Summary, Evaluation, and Plan 2 Table of Contents Executive Summary 3 Project Charter 6 Project Scope Statement 10 Cost Estimate 18 Risk Matrix 22 Project Evaluation 40 Reference List 42
Executive Summary, Evaluation, and Plan 3 Executive Summary Charles Davis has written an article. The name of this article is “An Experimental Case Study in IT Project Management Planning: The Petroleum Engineering Economics Evaluation Software Imperative”. This article by Mr. Davis focuses on the pointing out the concerns and problems with the planning of project management. This article has pointed out issues with the development of the plans for projects, and the problems and concerns of the project plan, along with the scheduling and employees. Project planning is a large topic associated with problems and concerns, identifying solutions to these problems or resolving these concerns, and recognizing the risk and consequences involved within the project plan. The scope and length of the project was of concern. How big or large a project is, especially in the software industry can often be considered too risky and more than often leads to failure. This causes for great concern to emerge as the company proceeds with such plans and if the company were to face failure, it would bring about a lot of negativity. The negativity would be brought mainly from the overwhelmed and upset stakeholders. They are the ones whom invested so much into a company with potential of so much success and the project has led to failure. Another concern addressed within the article is the credibility of the person handling the project. The company that is handling the project, if it were to face failure, the company would lose their credibility. They would be known as unreliable and untrustworthy. Their entire company would be on the decline from here on out. Mr. Davis used Hopkins & Associates Inc. within his article, the credibility of Hopkins & Associate within the industry would face a large decline if their project is not considered reliable or doesn’t deliver as stated (Davis, 2005).
Executive Summary, Evaluation, and Plan 4 A big concern a company faces is finding a sufficient project manager that can lead such a project. Not everyone fits into the role of a project manager. The project manager must be able to have excellent communication skills, as well as engage the stakeholders, motivate their team to produce optimal work and remove obstacles (Perkins, 2015). The project manager must be able to communicate and communicating with the team and the company is essential to the project getting done correctly and efficiently. The communication between stakeholders are essential, and the project manager must be involved within this communication. Selecting the right project manager is essential to a project.
You've reached the end of your free preview.
Want to read all 42 pages?
- Spring '16
- Project Management