ke to complete the project?

The project Gantt chart is given below,

 

The critical tasks of the project are aàbàdàf and it is shown below,

 

The project would exhaust a sum total of 19 days for the completion of the project. The project duration summary is given below,

Task	Duration
a	5
b	4
d	3
f	7
Total	19

 

4) What approaches exist to generate a budget for a specific project budget?

The project budget estimation can be achieved using the bottom up approach as it would involve the consideration of the effective documentation forming the alignment of the effective process integration. The budget for the project would be developed using the following steps,

Step 1	Calculating the direct cost labour for the project
Step 2	Cost of materials is evaluated and estimated for the project
Step 3	Cost Expense for the transportation is evaluated for the completion of the project
Step 4	Salaries of human resources that would be involved in the project would be calculated
Step 5	Cost expended on the equipments and the software would be considered
Step 6	All cost would be summed for calculating the total expenses of the project
Step 7	An infringement of +10% would be added for developing the total budget for the project

 

5) How can project risk arise? Outline the various responses to risk that may be taken within project management.

The project risk can result in forming the alignment of the major issues that would result in forming the problems for the project execution. The implication of the risk analysis would help in sorting out the major problems that the project might face due to the execution of the project activities. The project risk analysis would include the process of identifying the risk, evaluate its impact areas, and develop mitigation strategies for the execution of the project successfully.

Causes of risk	Risk response plan
Risk factors can be accidental or deliberate depending upon the causes of the risk. The various causes of the risk include lack of documentation, absence of the resources, lack of proper documentation, unskilled workers, and communication noises, inaccurate estimation, and poor development.	The response plan for the risk factors would include the development of the risk mitigation planning and it is started with the identification of the risk factors. The impact analysis for the risk would be done for understanding the root causes for the project. The mitigation strategies would be developed for dealing with the issues of the risk factors.

 

6) What quality methods (project evaluation, monitoring and control) would you introduce to ensure a project is completed successfully?

The project evaluation, monitoring and control would be deployed in the project for easing the processes of the improved communication and deployment. The following methods would be deployed in the project for ensuring the completion of the project,

Project Evaluation is developed for keeping whether the activities of the project would be completed in the estimated time and budget. The analysis of the project activities would support the implication of the proper documentation and the completion of the project

Monitoring and Control is deployed for making the required modification in the completion of the effective project execution and deployment. The controlling of the project activities would align with the successive formation of the operations.

 

Task 2

Introduction and Background

The report would be developed for the analysis of the activities and aligning the utilization of the operations for supporting the implication of the improved functional development. The project report would be deployed for easing the processes of forming the utilization of the project management principles. The effective use of the project management principles would be helpful for easing the merger of ABC, PLC, and DEF Ltd. The report would involve the utilization of the techniques of project lifecycle analysis, project management, planning, cost management, quality management, resource management, scope management, and controlling for the merger of the three organizations.

The project is merger acquisition based for the development of the effective support to the utilization of the improved communication and development. The project is titled Merger Acquisition Project for ABC, PLC, and DEF Ltd. The completion of the project would support the utilization of the improved activities. The alignment would be helpful for the execution of the improved communication and implication of the project management concepts for the project. The completion of the merger would help the three organizations for supporting and developing their specific factors for including the saint factors that would support the merger of the two companies.

1. Project Management Approach

The project of Merger Acquisition Project for ABC, PLC, and DEF Ltd has been completed using the agile development methodology and hence specific sprints are included in project. Each of the sprints would comprise of developing the project activities while supporting the inclusion of a specific deliverable and a milestone for the project. The five sprints of the project are initialization, structuring the merged principles, inventory development, planning, and execution of activities. The use of the agile methodology would help in easing the project execution and the development of the effective implication development.

2. Project Scope

The project of Merger Acquisition Project for ABC, PLC, and DEF Ltd is a merger acquisition project and it involves the following points,

• Formation of the structure supporting the operations of the three organizations in an integrated organizational structure
• Forming the inventory that would support the information processing for the organizations
• Developing communication process, integration plan, and initiating the staff retention activities

3. Milestone List

The project of Merger Acquisition Project for ABC, PLC, and DEF Ltd has been completed using the agile development methodology and hence specific sprints are included in project. Each of the sprints would comprise of developing the project activities while supporting the inclusion of a specific deliverable and a milestone for the project. The milestones represent the various initial and end points of a sprint for the project. The following are the milestones of the project,

WBS	Task Name	Duration	Start	Finish
1	Initialization	11 days	Tue 6/12/18	Tue 6/26/18
1.5	Project kick off	0 days	Tue 6/26/18	Tue 6/26/18
2	Structuring the merged principles	13 days	Wed 6/27/18	Fri 7/13/18
2.5	Structuring completed	0 days	Fri 7/13/18	Fri 7/13/18
3	Inventory Development	13 days	Mon 7/16/18	Wed 8/1/18
3.5	Inventory Integration	0 days	Wed 8/1/18	Wed 8/1/18
4	Planning	20 days	Thu 8/2/18	Wed 8/29/18
4.6	Approval of plans	0 days	Wed 8/29/18	Wed 8/29/18
5	Execution of Activities	49 days	Thu 8/30/18	Tue 11/6/18
5.5	Closure	0 days	Tue 11/6/18	Tue 11/6/18

 

4. Project Schedule and Work Breakdown Structure

The schedule for the project of Merger Acquisition Project for ABC, PLC, and DEF Ltd is given below,

WBS	Task Name	Duration	Start	Finish
0	Merger Acquisition Project for ABC, PLC, and DEF Ltd.	106 days	Tue 6/12/18	Tue 11/6/18
1	Initialization	11 days	Tue 6/12/18	Tue 6/26/18
1.1	Requirement Analysis	3 days	Tue 6/12/18	Thu 6/14/18
1.2	Development of documents	5 days	Fri 6/15/18	Thu 6/21/18
1.3	Defining the objectives	2 days	Fri 6/22/18	Mon 6/25/18
1.4	Signing off the documents	1 day	Tue 6/26/18	Tue 6/26/18
1.5	Project kick off	0 days	Tue 6/26/18	Tue 6/26/18
2	Structuring the merged principles	13 days	Wed 6/27/18	Fri 7/13/18
2.1	Guidelines are developed	3 days	Wed 6/27/18	Fri 6/29/18
2.2	Merger Structure is developed	4 days	Mon 7/2/18	Thu 7/5/18
2.3	Expanding the culture	3 days	Fri 7/6/18	Tue 7/10/18
2.4	Business, Operations, and System analysis	3 days	Wed 7/11/18	Fri 7/13/18
2.5	Structuring completed	0 days	Fri 7/13/18	Fri 7/13/18
3	Inventory Development	13 days	Mon 7/16/18	Wed 8/1/18
3.1	Pre Closure data backup	3 days	Mon 7/16/18	Wed 7/18/18
3.2	Strategic meetings	5 days	Thu 7/19/18	Wed 7/25/18
3.3	Support Plan development for tactical problems	2 days	Thu 7/26/18	Fri 7/27/18
3.4	Governance and Strategy is integrated	3 days	Mon 7/30/18	Wed 8/1/18
3.5	Inventory Integration	0 days	Wed 8/1/18	Wed 8/1/18
4	Planning	20 days	Thu 8/2/18	Wed 8/29/18
4.1	Activities are listed	2 days	Thu 8/2/18	Fri 8/3/18
4.2	Schedule is developed	3 days	Mon 8/6/18	Wed 8/8/18
4.3	Complete Plan is developed	7 days	Thu 8/9/18	Fri 8/17/18
4.4	Staff Retention plan	4 days	Mon 8/20/18	Thu 8/23/18
4.5	Integration Plan	4 days	Fri 8/24/18	Wed 8/29/18
4.6	Approval of plans	0 days	Wed 8/29/18	Wed 8/29/18
5	Execution of Activities	49 days	Thu 8/30/18	Tue 11/6/18
5.1	Planning the implementation	2 days	Thu 8/30/18	Fri 8/31/18
5.2	Executing the implementation process	14 days	Mon 9/3/18	Thu 9/20/18
5.3	Business, Operations, and System analysis	30 days	Fri 9/21/18	Thu 11/1/18
5.4	Documenting the lessons learnt	3 days	Fri 11/2/18	Tue 11/6/18
5.5	Closure	0 days	Tue 11/6/18	Tue 11/6/18

 

The following is the Gantt chart for the Merger Acquisition Project for ABC, PLC, and DEF Ltd project,

 

The following is the work breakdown structure for the project of Merger Acquisition Project for ABC, PLC, and DEF Ltd,

 

5. Project Lifecycle

The project of Merger Acquisition Project for ABC, PLC, and DEF Ltd has been completed using the agile development methodology and hence specific sprints are included in project. Each of the sprints would comprise of developing the project activities while supporting the inclusion of a specific deliverable and a milestone for the project. The five sprints of the project are initialization, structuring the merged principles, inventory development, planning, and execution of activities. These sprints have been explained below,

1. The initialization comprises of requirement analysis, development of documents, defining the objectives, and signing off the documents. The deliverable for the sprint is initial documents and the milestone for the sprint is project kick off.
2. The structuring the merged principles comprise of guidelines are developed, merger structure is developed, expanding the culture, and business, operations, and system analysis. The sprint has the deliverable for specific merger structure and the milestone of structuring completed.
3. The inventory development comprise of pre closure data backup, strategic meetings, support plan development for tactical problems, governance and strategy is integrated, and inventory integration.
4. The planning comprise of activities are listed, schedule is developed, complete plan is developed, staff retention plan, and integration plan. The various plans would act as the deliverable for the sprint and the approval of plans is the milestone.
5. The execution of activities would comprise of planning the implementation, executing the implementation process, business, operations, and system analysis, documenting the lessons learnt, and closure.

6. Project Deliverables

The project of Merger Acquisition Project for ABC, PLC, and DEF Ltd has been completed using the agile development methodology and hence specific sprints are included in project. Each of the sprints would comprise of developing the project activities while supporting the inclusion of a specific deliverable and a milestone for the project. The deliverables for the project are initial documents, specific merger structure, pre closure data backup, various plans (project plan, staff retention plan, and integration plan), and final reports.

7. Resource Management Plan

The project of Merger Acquisition Project for ABC, PLC, and DEF Ltd would require a number of human resources like analyst, documenter, negotiator, acquisitor, database admin, executives, planner, hr manager, and staff.

Resource Name	Activities Involved in	Work
Analyst	Requirement Analysis	24 hrs
	Defining the objectives	16 hrs
Documenter	Development of documents	40 hrs
	Signing off the documents	8 hrs
	Documenting the lessons learnt	24 hrs
Negotiator	Guidelines are developed	24 hrs
	Business, Operations, and System analysis	24 hrs
Acquisitor	Merger Structure is developed	32 hrs
	Expanding the culture	24 hrs
	Support Plan development for tactical problems	16 hrs
Database Admin	Pre Closure data backup	24 hrs
Executives	Strategic meetings	40 hrs
	Governance and Strategy is integrated	24 hrs
Planner	Activities are listed	16 hrs
	Schedule is developed	24 hrs
	Complete Plan is developed	56 hrs
	Integration Plan	32 hrs
	Planning the implementation	16 hrs
HR Manager	Staff Retention plan	32 hrs
Staff	Executing the implementation process	112 hrs
	Business, Operations, and System analysis	240 hrs

 

 

8. Cost Budget

The project of Merger Acquisition Project for ABC, PLC, and DEF Ltd has the following project budget plan,

Resource Name	Work	Standard Rate	Cost
Analyst	40 hrs	£50.00/hr	£2,000.00
Documenter	72 hrs	£70.00/hr	£5,040.00
Negotiator	48 hrs	£90.00/hr	£4,320.00
Acquisitor	72 hrs	£100.00/hr	£7,200.00
Database Admin	24 hrs	£120.00/hr	£2,880.00
Executives	64 hrs	£150.00/hr	£9,600.00
Planner	144 hrs	£80.00/hr	£11,520.00
HR Manager	32 hrs	£125.00/hr	£4,000.00
Staff	352 hrs	£65.00/hr	£22,880.00

 

9. Risk Management Plan

The risk management plan comprises of developing effective strategies for dealing with the probable risk factors. The risk management plan comprises of identifying the risk factors, analysing the impact of the risks, and developing the mitigation strategies. The Merger Acquisition Project for ABC, PLC, and DEF Ltd would have the following risk management plan,

Risk Identification	Risk Analysis	Risk Mitigation
The identification of the risk is based on the consideration of the probable risk factors that would help in easing the processing of the project and identifying the possible issues that the organization might face in the due course for the completion of the project.	The analysis of the risk factors would result in forming the major factor analysis for the project so that the implication of the probable risk would help them in supporting the utilization of the risk mitigation. The analysis would help in listing the probable reasons that would result in forming the problems for the execution of the project activities.	The mitigation of the risk is initiated by forming some strategies convenient for the development of the support strategies for the execution of the project. The risk mitigation would help them in forming the effective listing of the operations. The risk mitigation is also helpful for easing the process of reducing the impact on the project activities.

 

Conclusion

The report had been developed for the analysis of the activities and aligning the utilization of the operations for supporting the implication of the improved functional development. The effective use of the project management principles had been helpful for easing the merger of ABC, PLC, and DEF Ltd. The report had involve the utilization of the techniques of project lifecycle analysis, project management, planning, cost management, quality management, resource management, scope management, and controlling for the merger of the three organizations. The completion of the project had support the utilization of the improved activities. The alignment had been helpful for the execution of the improved communication and implication of the project management concepts for the project. The completion of the merger had help the three organizations for supporting and developing their specific factors for including the saint factors that had support the merger of the two companies. The five sprints of the project were initialization, structuring the merged principles, inventory development, planning, and execution of activities. The use of the agile methodology had help in easing the project execution and the development of the effective implication development. The deliverables for the project were initial documents, specific merger structure, pre closure data backup, various plans (project plan, staff retention plan, and integration plan), and final reports. The project of Merger Acquisition Project for ABC, PLC, and DEF Ltd had require a number of human resources like analyst, documenter, negotiator, acquisitor, database admin, executives, planner, HR manager, and staff.

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