Project lifecycle for the training centre project, Project Management

Assignment Help:

T Company has identified a need for, and made a decision to open, a new training centre in one of the major cities in E Country. This is a large scale project for T Company and it needs to make sure that the project for finding and developing the centre is delivered successfully, since this is a major investment for T Company. It does not want to make an expensive mistake. In order to maximise revenues the centre needs to be completed and open within a six month time scale. The company understands that large scale projects usually follow a lifecycle made up of separate phases which occur in sequence. 

Explain to T Company what should happen at the project initiation stage of the project lifecycle for the training centre project.  

T is significant for T Company to understand what should happen in the initiation stage of the new training centre project. Projects are initiated when a requirement or objective is defined. For T Company it has identified the need for a new training centre in a main city in E Country.  There are a number of consideration which should be made at this stage of the project  including:

  • Project Requirement
  • Project Feasibility
  • Risk Management

The development of an outline proposal should contain a statement of the project requirement, in other words what is expected of the project and in certain the reason for what is being developed. This aspect of intiation is significant because if the project needs for the new training centre is clearly set out at the outset, then the project should have a greater chance of success.

 


Related Discussions:- Project lifecycle for the training centre project

Risk categorisation , Risk Categorisation  Management of risk involves:...

Risk Categorisation  Management of risk involves:    Prevention: To deal with causes.    Recovery: To deal with effects.  There are three categories of project r

Factors affecting process design - level of product, Factors affecting Proc...

Factors affecting Process Design - Level of Product In today marketing environment mass produced products with high product quality offer a better competitive edge to the manu

Produce a management report of a company, There are two learning objectives...

There are two learning objectives of this assessment. 1. The first relates directly to the operations management materials presented in the lectures 4 and 5. This assessment wil

Show idea screening in process of development, Q. Show Idea Screening in Pr...

Q. Show Idea Screening in Process of development? Idea screening involves the acceptance of formulation of the idea by doing cause and effect analysis. This stage usually ident

Characteristics and goals of organizational development, Question 1: Wh...

Question 1: What are the characteristics and goals of organizational development? Describe organizational development Characteristics and goals of organizational developmen

What are the steps for benchmarking, Question 1: (a) ISO 9000:2008 spec...

Question 1: (a) ISO 9000:2008 specifies the requirements for a Quality Management System. The standard is based on eight quality management principles upon which to develop an

Performance measurement - elements of tqm, Performance measurement: Pe...

Performance measurement: Performance measurement needs to be based upontimely measures of, and feedback on, performance. It provides information ontoday's service and gives an

Life cycle architecture, Submit all required artefacts necessary to achieve...

Submit all required artefacts necessary to achieve the ‘Life Cycle Architecture Milestone' (LCAM). The most important artefact of the LCAM is the ‘executable architecture' or ‘proo

Market share in a high market growth industry, R Company produces a range o...

R Company produces a range of hair and beauty products. T, the Finance Director, and P, the Marketing Director, are reviewing the outcome of some product portfolio analysis which h

Steps to create run chart, The steps to create a run chart are: 1.   Id...

The steps to create a run chart are: 1.   Identify the process to be observed: Ensure that the process involves some kind of repeatable activity in which results remain consis

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd