Project Management for Operational Development and Planning

Dsicuss about the Professional Research Project for Knowledge.

The project of Professional Research Project for Knowledge management Consultancy is developed for making a final report of the research project. The execution of the operations would assist in the arrangement of the final research project and the data collection as required for the final project report. The use of data collection and data analysis would assist in the deployment of the enhanced operational expansion (Thomas 2017). The project would allow the formation of the improved functional growth and alignment of the successive reports that would assist in the process of alignment of the final project report.

The growth of organizations has made it evitable for implementing effective project management skills and knowledge for the development of the operations. According to Bell (2014), the operation development and planning would be helpful for the development of the operations in the project completion. The business project management would provide option for the alignment of the planned costs and the achievement of the goals sets.

According to Riol and Thuillier (2015), the business project management is helpful for the alignment of successful integration management. The formation of the operations and its deployment would be assisted by the analysis of the business project management. The research method would assist in the operational development of the successive project management . The integration of the operations would be aligned for the alignment and system development.

The project of Professional Research Project for Knowledge management Consultancy is helpful for the alignment of the operations for the business project management. The main aim of the project is to form the final analysis of the project integration management and alignment of the operations. The project aims are,

To develop the understanding for the implication of the business project management in an organization

To form the analysis of the problems of poor planning and execution for developing proper solution

To understand the success criteria for the project deliverable and the alignment of the effective operation

Objective 1: Development of research report

Justification: The attainment of the final deliverable from the project would require the development of the research report as it would help in the analysis and study of the project operations. The operation development and activity scheduling would be assisted by the initial research done for research report.

Objective 2: Proper Documentation

Justification: The proper documentation would help in easing the deployment of the operations. The management of the proper documentation would help in future documentation process. The documentation would allow the formation of the support for future documentation.

Objectives	Research Questions
Development of research report	What is the main outcome of the project? Why is it important for business purpose? What are the issues of business project management?
Proper Documentation	What are the benefits of final report documentation? Why project reports are made? What is the future prospect of the documentation?

Business Project Management for Successful Integration Management

The business project management is largely helpful for the development of the proper documentation. The various journals and articles would be helpful for the deployment of the proper system development (O’Leary 2017). The secondary data analysis would allow the study of existing data and information on business project management from existing sources for the alignment of the project final deliverable. The implication of the operations would allow the formation of the active analysis model.

The development of the online surveys would be helpful for the alignment of the effective data accumulation. The online surveys are helpful for collecting information from a varied number of sources (Turner 2016). The combination of the operations would also form the consumption of the improved operations for the arrangement of the improved functional expansion. The online surveys are helpful for collecting information from various sources and develop the secondary form alignment.

The questionnaire survey is the most appropriate form of the primary data collection as it involves the inclusion of a number of persons and alignment of the improved system development. The questionnaire survey would be helpful for the alignment of the information from various people and collect their answers on the survey (Harrison and Lock 2017). The answers of the questionnaire survey would help in forming the understanding of what the people expects and thinks about the business project management topic.

The interviews are carried on from some specific person for getting their personal views on the topic. The business project management holds an integral part for the upliftment of the business and ensure that the projects are complete successfully (Zheng et al. 2016). The deployment of the effective project operations would also require the analysis of the topic from the consideration points of view of the individual. For example- the interview with the investors would help in developing an understanding of the consideration and expectations of the investors from the implication of the project management operations. The implication of the interview questions answers would help in easing the development of the finite strategies for the implication of the business project management.

Risk Assessment is the process of analysis of the factors of risk and developing an understanding of the impact of the risk on the activities of the project (vom Brocke and Lippe 2015). The risk assessment of the project of Professional Research Project for Knowledge Management Consultancy is given below in the Risk Priority Matrix,

Risk Factor	Description	Severity	Probability	Rating
Absence of Prior Knowledge	The absence of the prior knowledge would result in forming issues in the development of the final project report. The absence of the prior knowledge would tend to form the major impact in the completion of the project.	Low	Medium	Low
Lack of Secondary Data	The lack of secondary data would result in delaying the final data analysis of the research project. The secondary data issues might arise due to the unreliable sources of information.	Medium	Low	Medium
Delay in Primary Data Collection	The delay in primary data collection would form the major hindrance in the alignment of the effective final reports. The delay in primary data collection would be resulted due to the people unable to send the completed questionnaire.	High	High	High

Project Objectives

The contingency plan is developed for the analysis of the risk factors and development of some contingency planning for the alignment of the effective project operations (Heagney 2016). The contingency planning would help in developing some activities that would overcome the issues in the project of Professional Research Project for Knowledge Management Consultancy. The contingency planning for the identified risks are given below,

Identified Risks	Contingency Planning
Absence of Prior Knowledge	Studying through various information source available online or through journals and articles
Lack of Secondary Data	Collecting information from the authentic sites and information development
Delay in Primary Data Collection	Primary data collection should be done after completion of the literature review as it would provide time for collecting information from the sources

The work breakdown structure for the project of Professional Research Project for Knowledge Management Consultancy is given below,

The timeline for the project of Professional Research Project for Knowledge Management Consultancy is given below,

WBS	Task Name	Duration	Start	Finish
0	Professional Research Project for Knowledge Management Consultancy	34 days	Mon 4/2/18	Thu 5/17/18
1	Project Initiation	14 days	Mon 4/2/18	Thu 4/19/18
1.1	Analysis of the Project Requirements	3 days	Mon 4/2/18	Wed 4/4/18
1.2	Development of the initiation documents	4 days	Thu 4/5/18	Tue 4/10/18
1.3	Charter Document is developed	4 days	Wed 4/11/18	Mon 4/16/18
1.4	Documents are submitted	2 days	Tue 4/17/18	Wed 4/18/18
1.5	Sign off the documents	1 day	Thu 4/19/18	Thu 4/19/18
2	Topic Selection	9 days	Thu 4/5/18	Tue 4/17/18
2.1	List of topic is selected	2 days	Thu 4/5/18	Fri 4/6/18
2.2	Feasibility Analysis is made	3 days	Mon 4/9/18	Wed 4/11/18
2.3	Information is collected from the sources	4 days	Thu 4/12/18	Tue 4/17/18
2.4	An outline is developed	2 days	Thu 4/12/18	Fri 4/13/18
2.5	Topic is approved	1 day	Mon 4/16/18	Mon 4/16/18
3	Literature Review Phase	10 days	Mon 4/9/18	Fri 4/20/18
3.1	Appropriate literature sources are selected from various sources	3 days	Mon 4/9/18	Wed 4/11/18
3.2	Journal and Articles are sorted	4 days	Thu 4/12/18	Tue 4/17/18
3.3	Literature Contents sorting is done	2 days	Wed 4/18/18	Thu 4/19/18
3.4	Complete Review is done	1 day	Fri 4/20/18	Fri 4/20/18
4	Primary Data Collection	11 days	Mon 4/16/18	Mon 4/30/18
4.1	Survey forms are made	2 days	Mon 4/16/18	Tue 4/17/18
4.2	Distribution of online survey forms	1 day	Wed 4/18/18	Wed 4/18/18
4.3	Collection of survey form	3 days	Thu 4/19/18	Mon 4/23/18
4.4	Data Analysis is done	5 days	Tue 4/24/18	Mon 4/30/18
5	Secondary Data Collection	14 days	Wed 4/18/18	Mon 5/7/18
5.1	Data from Various Sources are analyzed	2 days	Wed 4/18/18	Thu 4/19/18
5.2	Appropriate Data is selected	3 days	Fri 4/20/18	Tue 4/24/18
5.3	Data Analysis is done	5 days	Tue 5/1/18	Mon 5/7/18
6	Report Development	8 days	Tue 5/8/18	Thu 5/17/18
6.1	Final Report is made	4 days	Tue 5/8/18	Fri 5/11/18
6.2	Data Review is added	2 days	Mon 5/14/18	Tue 5/15/18
6.3	Summary is made	1 day	Wed 5/16/18	Wed 5/16/18
6.4	Final Conclusion is made	1 day	Thu 5/17/18	Thu 5/17/18
7	Project is Closed	0 days	Thu 5/17/18	Thu 5/17/18

Table 1: Project Schedule

(Source: Created by the author)

The Gantt chart for the project of Professional Research Project for Knowledge Management Consultancy is shown below,

The critical path analysis for the project of Professional Research Project for Knowledge Management would show the implication of the work packages in a more effective form for detailing the project schedule. The following diagram would show the final critical path and the work progress for the project,

The critical activities of the project had been highlighted with red colour and they have been shown in a straight path. The other non critical works and activities of the projects had been shown in blue. The summation of the duration of the critical activities would show the final project duration. The critical path of the project is,

The costs of the project can be calculated with the help of the top down estimation that would be helpful for the considering the resources of the project and calculate the expenses on the project (Svejvig and Andersen 2015). The cost development would be helpful for the analysis of the operations and the alignment of the resource operations. The costs expenses on the project can be shown in the following table and diagram,

Resource Name	Work/Units	Standard Rate	Total
Documenter	112	$40.00	$4,480.00
Client	16	$0.00	$0.00
Analyst	80	$35.00	$2,800.00
Data Collector	72	$45.00	$3,240.00
Project Manager	96	$50.00	$4,800.00
Surveyor	48	$40.00	$1,920.00
Data Analyst	96	$45.00	$4,320.00
Documents	3	$150.00	$450.00
Internet Sources	2	$240.00	$480.00
Journals	1	$500.00	$500.00
Articles	1	$500.00	$500.00
Survey forms	1	$450.00	$450.00
Analysis tools	2	$530.00	$1,060.00
Total Budget	$25,000.00

Table 2: Cost Estimation for the Project

(Source: Created by the author)

The various human resources and material resources of the project would be helpful for the development of the operations (Snyder 2014). The alignment of the resource would be helpful for the calculating the overall project cost. The multiplication of the usage of the resources with their respective standard rates would help in calculating the total of the individual resources. The summation of the individual resource summary would help in calculating the final project budget of $25,000.00.

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