Reference no: EM131932432

You have been working through the phases of the project management life cycle to develop components for a project management plan that addresses the organizational needs of the organization highlighted in two case studies: the Fabricant Manufacturing Project (Milestone One) and the ECOTrans case study (Milestone Two).

Your instructor and peers have provided feedback for you to consider along the way. Now, you have the background knowledge and the information necessary to complete your project management plan, which utilizes the HighTower Global Solutions case study, available in MindEdge.

Specifically, the following critical elements must be addressed:

I. Project Initiation

A. Identify the economic, technical, and organizational feasibility of the project. For instance, how is the project a viable fit within the organization?

B. Explain how the project aligns to the organization's strategic goals.

C. Develop a project charter that includes a high-level scope of what is to be accomplished.

D. Create a high-level timeline and cost estimate to complete the project.

E. Identify the concerns of the internal and external key project stakeholders.

F. Compare the level of support from all key project stakeholders to inform the course of action resulting in success of the project.

G. Complete the stakeholder analysis template.

II. Project Planning

A. Determine the business requirements for the successful development of the project. Justify your choices.

B. Establish who will provide the business requirements. What approach will be used to solicit the requirements from the subject matter experts?

C. Categorize and organize the business requirements in a standard requirements template.

D. Explain why the format for capturing requirements is important to the overall success of the project. Why would we consider requirements' traceability?

E. Leveraging the business requirements, translate these requirements into a project schedule using project management software through the provided template.

F. Estimate the duration of project tasks using common business knowledge, and assign resources to complete each task.

G. Refine your estimate of the project cost based on the duration of tasks and resources needed.

III. Project Execution

A. Determine the best implementation approach-agile or waterfall project-for the organization based on its organizational structure. Provide examples to support your rationale.

B. Explain how the project schedule can be resource leveled, fast-tracked, or crashed if needed based upon execution results.

C. Propose communication approaches and the frequency that should be used to keep leadership apprised of the project execution. Include examples to support your claims.

IV. Project Control

A. Describe how you will handle changes in scope to your project management plan. What change management process will be used? What key information will be required for change requests?

B. Describe the risk management process that is the best fit for effective project control over your plan.

C. Explain how you will document issues and what process will be used to manage the issue to completion. Include examples to support your claims.

V. Project Closeout

A. Identify what needs to be done to close your project management plan. Include examples supporting how you will minimize the chances of overlooking a step in the project process.

B. Justify the need for a warranty period and how the project will transition to business

C. Complete a lessons-learned template for the case study project.