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N1503
Managing Projects and Technologies
2024/25
Assessment 1 - Project Plan (PRJ) - 70%
Link to Module Learning Outcomes
By the end of the module, a successful student should be able to: |
Assessed by |
|
LO1 |
Apply appropriate project management concepts, techniques and methods in a variety of organizational contexts, incorporating business technologies |
PRJ |
LO2 |
Develop, critically evaluate, propose and implement solutions to organisational challenges and opportunities utilising project management techniques and knowledge of business technologies |
PRJ GWS |
LO3 |
Comprehend the competencies, skills and knowledge required by a project leader and project team members to deliver projects on time, within budget and with intended quality |
PRJ GWS |
LO4 |
Communicate and present project information to various audiences. |
PRJ GWS |
Available project plan topics
1. Choose a project topic: Each student must develop a Project Plan. To do so, first you need to choose one of these project topics by Workshop 03:
1. Developing a new business technology product (e.g. new software, a new app) and bringing it to an organization to transform one or more aspects of how it operates (usually designing and creating the technology with the help of a technical team and/or supplier) |
2. Deploying an existing business technology in an organization to transform one or more aspects of how it operates (usually by buying the technology from an external supplier and planning for its implementation) |
3. Using technology for sustainability/social/humanitarian purposes. |
2. Choose a business technology: Next, you need to specify the business technology that your project will use. Some business technologies that could be used include but are not limited to:
• Social media networks
• Mobile apps on productivity, healthcare, etc.
• Enterprise-wide systems (e.g., an ERP)
• Digital platforms (two-sided markets)
• Data Analytics (small or big data collection and processing)
• Artificial Intelligence (AI) including voice recognition, speech, chatbot, image and video processing
• Consumer products mass customization (printing name on shoes)
• Internet of Things (IoT) - Connected everything
• Geospatial - location trackers such as GPS, RFID, barcode scanners
• Virtual reality (VR)/Augmented reality (AR)
• Interactive retail technologies (e.g., ordering touch screens, finding the best clothing fit)
• Cryptocurrencies (digital assets)
• Blockchain and distributed ledgers
• Robotics and automation, autonomous work (e.g., driving)
If your project is to deploy an existing technology, your project plan can specify the name of the technology product and/or supplier that you plan to work with.
3. Choose a parent organisation: For the purposes of this assignment, you must choose a parent organisation. You will write the project plan from the perspective of an employee of this organisation, responsible for planning and managing this project. The parent organisation could be a company, a non-profit or charity organisation, a government body, and more.
You’re now ready to develop a detailed project plan.
Creating the Project Plan
● To create your project plan, you should briefly complete and include all seven Project Chunks covered in the module. Details of what to include in these project chunks are available throughout the workshop PowerPoint slides available on Canvas. You will find ‘chunk tutorial videos’ in Panopto Recordings on Canvas which recap on the explanations provided in workshops.
● To succeed, make sure that your project plan fully addresses all aspects of all seven project chunks.
● You should provide references to the websites, articles, books, and other sources of information that you use.
● Avoid wordiness. The word count excludes the text in the tables, the references list, and appendices, however you should make careful and appropriate use of these and only include wordcount which directly supports the project. The main project plan text should be a standalone narrative, without a need to read the tables. To enable this, for each table, explain the key item of it in the text. The purpose of a table is to include a short list of additional information, not long sentences and paragraphs that belong to the main text, so do not misuse tables.
● The length of the submission is 1500 words, can go 10% either side.
List of Project Chunks
1. Project Introduction and Justification
a. Project Introduction: Describe the Project
b. Project Introduction: Describe the parent organization of your project
c. Project Introduction: Justify your project
d. Project Introduction: List similar projects in the past
2. Project Stakeholders
a. Identify key stakeholders of your project
b. Develop a communication management plan for your project
c. Plan for influencing your project stakeholders
d. Explain the origin of the core project team
e. Identify a project champion for your project
3. Project Scope
a. Define a SMART project objective
b. Create phased deliverables
c. Define DUMBS work packages
d. List key scope exclusions
e. Outsource some work packages
4. Project Schedule
a. Estimate the duration of each work package
b. Define the dependencies of all work packages
c. Schedule the work packages and identify the critical path
5. Project Budget
a. Plan outgoing cash for your project
b. Determine cost reserves for your project
c. Plan incoming cash for your project
d. Analyse the cash flow of your project
e. Analyse the financial performance of the project
6. Project Risk Management
a. Identify key risk factors in your project
b. Analyse the impact potential (risk exposure) of the identified risk factors
c. Plan risk mitigation strategies for top risks
7. Project Execution, Control, Closure and Evaluation
a. Plan coordination of key integration points in the project
b. Plan key progress control tollgates
c. Plan for evaluating and demonstrating project success