Unit 3 Research Project. Eddie S. Jackson. Kaplan University. IT511: Information Systems Project Management

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Running head: UNIT 3 RESEARCH PROJECT 1 Unit 3 Research Project Eddie S. Jackson Kaplan University IT511: Information Systems Project Management 04/06/2014

UNIT 3 RESEARCH PROJECT 2 Unit 3 Research Project What are the processes of project scope management? To understand project scope management, it is important to realize that scope encompasses all aspects of a project; this would include what is and what is not included in a project. By defining and controlling these characteristics of a project, the project s team members and stakeholders can be in agreement on the deliverables of the project (Schwalbe, 2011). Additionally, the processes of project scope management define exactly which procedures will be utilized to create the most desirable outcome. These processes are collecting requirements, defining scope, creating the work breakdown structure (WBS), verifying scope, and controlling scope. The processes and basic descriptions can be seen below: PROCESS DESCRIPTION Pertains to defining and documenting the requirements, Collecting requirements features, and functions of the product being delivered via the project. Defining scope Includes reviewing the project charter, and other projectrelated documents, to create a project scope statement. A project statement encompasses everything that a project is meant to produce (Stallsworth, 2013). Is about breaking up the project into more manageable Creating the WBS chunks, or structures. These structures are meant to add more detail to the project, while at the same time

UNIT 3 RESEARCH PROJECT 3 providing a convenient way of addressing complex stages or processes of the project. Is a formal acceptance of what the project is delivering; Verifying scope the customers, stakeholders, and project sponsor will review the scope at this time. If the project deliverables are not accepted, requests can be made. Is about controlling changes throughout the life span of Controlling scope the project. Project managers will leverage the costs and benefits of making changes to project scope. (Schwalbe, 2011) What are the techniques for creating work breakdown structures? There are five techniques that project managers can employ when designing the project structure. The five approaches are: using guidelines; an analogy approach; a top-down approach; a bottomup approach; and mind mapping. The Approaches Using guidelines. The first technique in creating a WBS is using guidelines. Guidelines exist to provide form, content, and a project framework that is based upon meeting certain criteria and standards of the organization (Schwalbe, 2011). If guidelines exist, it is best to follow them to obtain the best possible outcome of the project. Guidelines could include past project templates, examples from past successful projects, relative documentation, and important information all of which could be used to benefit the design of the WBS.

UNIT 3 RESEARCH PROJECT 4 The analogy approach. The second technique is the analogy approach. The analogy approach uses a past WBS or example WBS as a starting point, and then builds upon that to create a unique WBS. If the project manager is beginning a new project at a new company, it would be quite practical for them to ask to review a previous WBS. The top-down approach. The next technique used in designing a project structure is the topdown approach. A top-down approach is about starting with the largest components of the project and then breaking them down into more manageable structures (Schwalbe, 2011). As the components get further and further broken down, more and more detail is added. The bottom-up approach. In contrast, and the next technique, is the bottom-up approach. The Bottom-up approach starts with the team members; the team members identify and make lists of all the specific tasks and activities that are related to the project (Schwalbe, 2011). These lists can then be placed into groups and categorized as a way of organizing the project. This process tends to be more time-consuming, but has practical benefits such as creating an internal energy with the project team and creating a higher adoption rate. Mind mapping. The fifth and final technique is mind mapping. Mind minding describes the process of brainstorming by creating a branching structure that diagrams the thoughts and ideas associated with the project (Schwalbe, 2011). For example, the core concept or the project name could be written down, or drawn. And then from that main component, a branch would lead to a task, concept, or resource relative to the project. At that point, another branch could be formed from the original component, or a branch drawn from the new component to create a subtask. The idea of using mind mapping is to visually diagram the many aspects associated to the project (such as activities and required resources). Once the mind mapping has been completed, it can be used in developing a top-down or bottom-up approach WBS.

UNIT 3 RESEARCH PROJECT 5 Why are the processes of project time management? While project management scope is highly important to the success of a project, project time management is equally important. Project time management is about defining, developing, and controlling the processes involved in the project timeline. Project managers can use six main processes to ensure the completion of a project. The six processes and their definitions are: PROCESS DESCRIPTION Is identifying a specific task or activity, which will have Defining activities duration, cost, and resources associated to it. The main outputs are creating three lists: activity, activity attributes, and milestone. Is identifying and documenting the relationships between Sequencing activities activities relative to the project. Outputs include schedule network diagrams, and documents updates that are connected to the project. Is the estimation of how many and what kind of resources will be required to complete the project. Resources could include required personnel, hardware, and software. The Estimating activity resources main outputs are resource requirements, creating a breakdown structure, and updating project-related documents.

UNIT 3 RESEARCH PROJECT 6 Is about estimating the time required to perform each Estimating activity durations project activity. The outputs are coming up with the estimated duration periods, and updating project related documents. Is where the project manager considers the activities sequences, resource estimates, and duration to create Developing the schedule project schedules. The relative outputs are developing a project schedule, a project baseline, schedule data, and updating project-related documents. Is where a project manager controls and manages changes to the project schedule. The associated outputs are work Controlling the schedule performance measurements, updates to process assets, change requests, updating the project management plan, along with updating project-related documents. (Schwalbe, 2011) What are the steps for creating a critical path analysis? The critical path is utilized in project management to complete projects on time. The critical path can be determined by first starting with the earliest task on the project. From there, check the task s dependency (Reh, n.d.). By evaluating a task s dependency, the project manager can begin to chart which tasks are dependent on the completion of another task before being able to continue to the next task in the project. The project manager should continue this process until

UNIT 3 RESEARCH PROJECT 7 they have reached the end of the project. Of course, understanding the task dependencies is essential to plotting the critical path. The nature of task dependencies and their respective relationships can be seen in the chart below: DEPENDENCY RELATIONSHIP Finish-to-start Is a relationship where the from activity must finish before the to activity or successor can start. Start-to-start Is a relationship where the from activity cannot begin until the to or successor is started Finish-to-finish Is a relationship where the from activity must finish before the to activity or successor can be finished. Start-to-finish Is a relationship where the from activity must start before the to activity can be finished. (Schwalbe, 2011) By creating a network diagram, estimating the durations of each project activity, and then totaling all the durations of activities, a project manager can chart the longest path in the project. The longest path is the project s critical path (Schwalbe, 2011). Why are the processes of project cost management? Project cost management consists of three processes that will guarantee a level of assurance that

UNIT 3 RESEARCH PROJECT 8 a project is completed on time. The processes are estimating costs, determining the budget, and controlling costs. These processes and their descriptions can be seen in the chart below: PROCESS DESCRIPTION Includes developing an estimate of costs of resources, basis of estimates, and updating documents. Other Estimating costs important elements that are a part of estimating cost would include accuracy, variance, reporting, and details associated with estimates. Is about breaking down the costs per work item, task, Determining the budget activity, etc. The relative outputs would include funding requirements, cost performance baseline, and updating project documents. Is about controlling project changes that are related to the budget. The primary outputs would include measurements Controlling costs of work performance, budget predictions, updating assets as they change, plan updates, and updating project-related documents (Schwalbe, 2011)

UNIT 3 RESEARCH PROJECT 9 What are the three basic types of cost estimating and how do accuracy, speed and purpose relate to one another? The outputs of cost management are related to cost estimate. There are three primary types that include rough order of magnitude (ROM) estimate, budgetary estimate, and definitive estimate. The type of estimate and its respective accuracy, speed, and purpose can be seen in the chart below: TYPE OF ESTIMATE ACCURACY SPEED PURPOSE ROM -50% to +100% Budgetary -10% to +25% Definitive -5% to +10% Is done 3-5 years before a project is completed Is completed early on around 1-2 years before the project is completed. This is later in the project at 1 year or less before the project is completed To be used in cost estimation for selection decisions Adds funding to the project budget plans Adds details for project-related purchases, estimating the relative costs (Schwalbe, 2011)

UNIT 3 RESEARCH PROJECT 10 References Reh, John. (n.d.). Critical Path Project Management. Retrieved from http://management.about.com/od/projectmanagement/ss/critical-path-project- Management.htm Schwalbe, K. (2011). Information Technology Project Management Sixth Edition. Boston: Cengage Learning. Stallsworth, Eric. (2013).Writing a scope statement. Retrieved from http://www.brighthubpm.com/templates-forms/2491-writing-a-scope-statement/