Undertake Project Work-Btechnd

Undertake Project Work-Btechnd

Budget variation report

Project name: Project Planning and Management
Income		Budget ($)		Actual ($)		% Variation
Receipts from clients		15,000		18,000		20%
Total income
Expense		Budget ($)		Actual ($)		% Variation
Payment for hiring resources		12,000		13,200		10%
Payment for the taxes		1,000		1,500		50%
Subtotal		13,000		14,700
Total		2,000		3,300
Project title: Project Planning and Management			Project client: Demin James		Date version: 03 June 2016
Project sponsor: Max Lionel Officer Riz Mehra	Project manager: Kim Sweeney Les Goodale Sam Lee Pat Misfud Peter Mitchell		File name:		Page x of y

Post Project review meeting

Post project review meeting-Agenda
Topic: Project Planning and Management			Speaker		Time
Brief overview of project: the main motive behind conducting this project is to prepare a plan for the execution of the project in an effective manner and to provide enhanced services to the clients and to maintain the high standards for the projects (Zhao, et. al., 2012).			Operation manager		15 minutes
Review by team: the goals have been effectively achieved with the help of this project. Objectives of the project are to achieve maximum satisfaction and benefits for the clients, to set highest ethical standards. This can be done with the help of effective planning and implementation of the projects. Schedules have been prepared for the completion of the activities well on time. The budget has been decided so as to maintain the flow of capital during the execution of the project. The past projects have helped with the past experiences and forms a base for the project and helps in the successful execution of the project. Resources are made available and will be put to use in an effective manner so that they produces the maximum benefits and leads towards the successful completion of the project.			Project team manager		30 minutes
What worked/what could have gone better? ·        Estimating the requirement of resources ·        Estimating the sources of arranging the resources ·        Appointment of experts ·        Evaluation by the experts ·        Collection of  resources from these sources ·        Preparation of plans ·        Dividing the plans in to different tasks. ·        Estimating the type of resources required ·        Estimating the amount of resources required ·        Identifying the requirement of the resources ·        Procurement of the resources ·        Analysing the requirement of the teams ·        Analysing the size of the teams ·        Dividing the teams ·        Implementation of the project ·        Complying with the plans prepared ·        Identifying the actual performance ·        Matching the performance ·        Identifying the deviations ·        Identifying the measures ·        Identifying the effectiveness of the measures ·        Implementing the measures ·        Controlling the implementation process for proper control. (Stockmann, et. al., 2010)			Manager		50 minutes
Lessons learned: this project has helped in learning the process in which a project is conducted and the ethical practices which is required to be adopted for the execution of the business.			Manager		10 minutes
Next steps: next step is to develop a project which provides maximum satisfaction to the clients and set the standards for the professional conduct (Torp, et. al., 2016).			Commercial manager		15 minutes
Project title: Project Planning and Management		Project client: Demin James		Date version: 03 June 2016
Project sponsor: Max Lionel Officer Riz Mehra	Project manager: Kim Sweeney Les Goodale Sam Lee Pat Misfud Peter Mitchell	File name:		Page x of y

Handover report

Handover report

Initial overall objectives

Overall objective of the project is to provide quality services to the client and building goodwill and reputation in the industry.

Agreed changes to objectives

The changed objective of the project is to provide quality services by following the concepts of integrity, honesty and by adopting ethical practices.

Final agreed deliverables

Item

Budgeted cost ($)

Final cost ($)

Schedule date

Final date

Procurement of resources

5,000

5,500

16 June 2016

16 June 2016

Implementation of the project plans

7,000

6,900

28 June 2016

28 June 2016

Total

12,000

12,400

Issues summary

Item

Strategy

Date logged

Date resolved

Availability of raw material

Maintaining additional stock

07 June 2016

11 June 2016

Availability of resources

Hiring on contractual basis

10 June 2016

13 June 2016

Change in technology

Arrangement of surplus funds for purchasing technology

17 June 2016

25 June 2016

Change in economic factors affecting budget

Arrangement of surplus funds for coping with change in budget

23 June 2016

28 June 2016

Documents attached

No.

Title

1

Status report

2

Issue logs

Project manager                                         project sponsor                                 project client

Project title: Project Planning and Management

Project client: Demin James

Date version: 03 June 2016

Project sponsor: Max Lionel Officer Riz Mehra

Project manager: Kim Sweeney Les Goodale Sam Lee Pat Misfud Peter Mitchell

File name:

Page x of y

Post-Project Review Report

Post-Project Review Report
Name of the project: Project Planning and Management
Date and location of meeting: premises of Max Lionel Realty
Names of attendees: employees, clients, investors, sponsors and managers
1. overview by project manager: this project has been prepared with  a motive to develop a plan which helps in the execution of the project in an effective manner.
2. Review by team of goals, objectives/deliverable and schedule as outlined in project plan: Project plan is prepared at the starting of the project so as to produce a framework which needs to be followed for the execution of the project. These plans form a base for the whole project. Plans are prepared with a motive to predict the outcome which it intends to achieve by the execution of the project. These plans helps in reviewing the performance of the actual implementation of the project with the planned performance and helps in identification of the deviations between planned and actual performance achieved by the implementation of the project.
		Met	Missed		Partially met		Comments
Project goals: Maximum satisfaction and benefits for the clients, to set highest ethical standards.		Yes					The project goals have been met effectively
Objectives/deliverables: complete the project well on time according to the planned projects. Maintaining the quality of the work throughout the execution process of the project (Kähkönen, et. al., 2015).					Yes		The objectives are partially met.
Success criteria: The past projects have helped with the past experiences		Yes					The success criteria have helped in the completion of the project.
Schedule					Yes		Schedule has been partially followed as the proper execution differs from the planned once.
Budget					Yes		Budget has partially met with the actual figures.
3. What worked well, what could have gone better?
Worked well			Could have gone better
Arrangement of resources			Implementation
Planning process of the project			Budgets
Monitoring and controlling			Schedules
4. Lessons learned: the manner in which project planning and   is done is learnt.
5. Next steps/ improvement plans: next step is to develop the future projects in a better manner.
Project title: Project Planning and Management				Project client: Demin James		Date version: 03 June 2016
Project sponsor: Max Lionel Officer Riz Mehra	Project manager: Kim Sweeney Les Goodale Sam Lee Pat Misfud Peter Mitchell			File name:		Page x of y

References

• Kähkönen, K. & Rannisto, J. 2015, “Understanding fundamental and practical ingredients of construction project data management”, Construction Innovation, vol. 15, no. 1, pp. 7-23.

• Stockmann, K.D., Hyde, K.D., Jones, J.G., Loeffler, D.R. & Silverstein, R.P. 2010, “Integrating fuel treatment into ecosystem management: a proposed project planning process”, International Journal of Wildland Fire, vol. 19, no. 6, pp. 725.
• Torp, O., Belay, A.M., Thodesen, C. & Klakegg, O.J. 2016, “Cost Development Over-time at Construction Planning Phase: Empirical Evidence from Norwegian Construction Projects”, Procedia Engineering, vol. 145, pp. 1177-1184.
• Zhao, Z., Zhao, X., Davidson, K. & Zuo, J. 2012, “A corporate social responsibility indicator system for construction enterprises”, Journal of Cleaner Production,vol. 29-30, pp. 277-289.Order Now