Homework: Project Management Foundations
Complete the Project Management Plan template, including the Executive Summary, Risk Management Plan, Project Quality Plan, and Project Close and Lessons Learned components.
Introduction
This portfolio work project includes the submission of the Project Schedule and the completion of the Project Management Plan template for the following components:
i. Executive Summary.
• This is a brief description of the project's purpose, main points, and deliverables for upper management to understand how the project supports the organization's mission and goals.
ii. Risk Management Plan.
• This explains the intent of the risk management plan as it pertains to your selected project.
iii. Project Quality Plan.
• This is the process and activities used in managing a project to ensure the product, services, and results meet or exceed quality standards. This area includes activities to review project requirements.
iv. Project Close and Lessons Learned.
• This provides an area to reflect on project standards and best practices. What are the top three lessons you've learned to apply to your work?
Scenario
For this homework, choose either Option A or Option B. You do not need to do both.
Option I: Use Cosmo, Inc. to complete the final four sections of your project management plan and project schedule. Refer to the Cosmo, Inc. Business Case document for more information.
Option II: Use a project from your own organization to complete the final four sections of your project management plan and project schedule.
Your Role
As the project manager, you are responsible for creating a comprehensive Project Management Plan and Project Schedule to guide your business stakeholders in their decision making and to support a successful project implementation.
Requirements
For Options I or II, use the Project Plan Template to develop the final sections indicated in the homework Introduction for your Project Management Plan. Include the following:
i. Develop a comprehensive Executive Summary section including high-level information including problem(s), solution(s), timeframe, budget, risks, et cetera.
ii. Develop a comprehensive Risk Management plan section that includes introduction, risk legend, and risk matrix.
iii. Develop a comprehensive Quality Management plan section including information on the tools and techniques for each process group.
iv. Describe the project's success factors and lessons learned. In the Project Close and Lessons Learned section, include a few postmortem best practices and the top three lessons learned.
Length: Utilize the template, including the title page and reference page.
Evaluation
By successfully completing this homework, you will demonstrate your proficiency in the following course competencies through corresponding scoring guide criteria:
i. Competency i: Analyze project management methodologies and frameworks.
• Develop an Executive Summary section.
ii. Competency ii: Analyze organizational benefits of project management.
• Describe the project's success factors and lessons learned.
iii. Competency iii: Analyze the application of various project management frameworks.
• Develop a Risk Management plan section.
iv. Competency iv: Analyze how leadership characteristics and behaviors affect project quality and success.
• Develop a Quality Management plan section.
v. Competency v: Communicate project management needs, opportunities, and strategies with multiple stakeholders.
• Communicate in a manner that is professional and consistent with expectations for members of the project management profession.
Format your homework according to the following formatting requirements:
i) The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
ii) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
iii) Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.