Discuss about the Global Project Management Communication Collaboration.
Given,
|
Programmer |
Budgeted Time |
Actual Time |
Cost |
% work completed |
|
Bob |
20 |
15 |
1500 |
60.00% |
|
Sue |
25 |
25 |
2500 |
75.00% |
|
Roger |
20 |
5 |
500 |
10.00% |
|
Mike |
20 |
30 |
3000 |
50.00% |
|
Jil |
20 |
15 |
1500 |
80.00% |
|
Total |
90 |
9000 |
55.00% |
Hence,
BAC (budget at completion) = $10,000 (total expected cost of the project)
% work estimated to be completed = 90%
Therefore,
Planned Value (PV) = $9,000.00 (BAC*%work to be completed)
Actual Cost (AC) = $9,000.00 (total amount of money spent)
Earned Value (EV) = $5,500.00 (BAC*%work completed)
Provided from last calculation,
Planned Value (PV) = $9,000.00 (BAC*%work to be completed)
Actual Cost (AC) = $9,000.00 (total amount of money spent)
Earned Value (EV) = $5,500.00 (BAC*%work completed)
Therefore,
Cost Performance Index (CPI) = 0.61 (EV/AC)
Schedule Performance Index (SPI) = 0.61 (EV/PV)
Given,
BAC = $10,000.00
AC = $9,000.00
EV = $5,500.00
CPI = 0.61
SPI = 0.61
Cost Variance (CV) = -$3,500.00 (EV-AC)
Schedule Variance (SV) = -$3,500.00 (EV-PV)
Variance at Completion (VAC) = -$6,363.64 (BAC-EAC)
Given,
Work Percentage completed = 55% (Average work completed by all programmers)
Work Percent scheduled to be completed = 90%
SPI = 0.61
Delay = -0.35 ((Percentage completed – Percent scheduled to be completed) / 100)
SPI Rating value is calculated as follows:
If SPI Value >= 1 then SPI Rating = 10
If SPI Value >= 0.95 and Delay Value < 1, then SPI Rating = 9
If SPI Value >= 0.90 and Delay Value < 0.95, then SPI Rating = 7
If SPI Value >= 0.80 and Delay Value < 0.90, then SPI Rating = 5
If SPI Value < 0.80, then SPI Rating = 3
Hence SPI rating = 3
Delay rating value is calculated as follows:
If Delay Value >= 0, then Delay Rating = 10
If Delay Value >= -0.05 and Delay Value < 0, then Delay Rating = 9
If Delay Value >= -0.10 and Delay Value < -0.05, then Delay Rating = 7
If Delay Value >= -0.20 and Delay Value < -0.10, then Delay Rating = 5
If Delay Value < -0.20, then Delay Rating = 3
Hence Delay rating = 3
The communication in IT software development projects had been largely used for defining the implication of the effective project execution and integration. The software development projects have remote based operations and the completion of the project would require the effective communication between the project team members. The deployment of the effective project completion would form the deployment of the effective project management model. The completion of the project would be largely dependent on the alignment of the project communication process.
The following report would provide the use of the effective communication in an IT based project. The software development projects are supportive for aligning with the management of the successful implication of the activities. The formation of the effective project completion would help in dealing with the analysis of the improved project alignment methods. The significant development would help in forming the implication of the effective stakeholder management. The use of communication management plan had been helpful for carrying out the execution of the improved project completion. The communication plans had supported the execution the completion of the project activities. The use of the successive project communication would be supported for listing the utilization of the improved Enterprise Environmental Factors. The completion of the project activities would be supported by the deployment of the activities and formation of the systematic project closure. The communication matrix would be supportive for developing the execution of the project completion.
The product advancement project has remote based activities and the finish of the task would require the powerful communication between the undertaking colleagues. The fulfillment of the task would be to a great extent reliant on the arrangement of the project communication process. The arrangement of the successful task consummation would help in managing the investigation of the enhanced undertaking arrangement strategies. The noteworthy improvement would help in framing the implication of the powerful undertaking culmination techniques. The utilization of the progressive task communication would be supported for posting the usage of the enhanced project communication procedures. The communication network would be strong for building up the execution of the undertaking culmination.
Conclusion and Recommendations
The completion of the study helped in understanding the implication of the effective project completion methods. The software project had been analyzed for forming the clear analysis of the project development. The significant deployment of the communication matrix would help in synthesizing the alignment of the improved communication processes.
The use of communication management plan would be helpful for carrying out the execution of the improved project completion. The communication plans would be helpful for executing the completion of the project activities. The various communication methods like reporting, and face to face talk project meetings, would be helpful for executing the project successfully.
The aims of First Bank are clearly defining the scope and objectives, enabling improved service delivery to customers, and increasing the capability of project management methods. The various project management strategies that can be implied in First Bank are development of roadmap for EPMO foundation, conducting discovery, and capability improvement. The use of the communication with the help of stakeholders interview and processes road mapping they can plan the development of their organization. Moreover, the implication of the effective completion of the activities of First Bank would support the analysis of the activities. The capability improvements had supported the alignment of formation of the improvement plans. The process roadmaps would be helpful for developing the outline for the project execution. The execution of the process implication development would support the analysis of the existing strategies of First Bank and forming improved activities.
The stakeholder interview and process road map would be helpful for the Bank for increasing their service delivery process. The different task administration techniques that can be suggested in First Bank are advancement of guide for EPMO establishment, directing disclosure, and ability change. The utilization of the communication with the assistance of partners meeting and procedures street mapping they can design the advancement of their association. In addition, the ramifications of the compelling finish of the exercises of First Bank would bolster the examination of the exercises. The capacity upgrades had bolstered the arrangement of development of the change designs. The procedure roadmaps would be useful for building up the framework for the task execution. The execution of the procedure suggestion advancement would bolster the investigation of the current methodologies of First Bank and framing enhanced exercises.
The effectiveness of the project management strategies can be evaluated based on the increase in the number of customers in the organization. The evaluation of the effective strategies for the project execution would also support the deployment of the improved activity execution. The increment of the activities would support the utilization of the operations favoring the implication model. The analysis would allow the utilization of the activities favoring the analysis of the process development model. The use of the communication with the help of stakeholders interview and processes road mapping they can plan the development of their organization. The capability improvements had supported the alignment of formation of the improvement plans. The process roadmaps would be helpful for developing the outline for the project execution. The execution of the process implication development would support the analysis of the existing strategies of First Bank and forming improved activities.
IBM has implemented the completion of the effective utilization of the project success and development for their employees. The training programs would be helpful for aligning the execution of the improved operations. Project success evaluation can be evaluated based on the factors of Convenient Access, Cost Control, Change, Excellence, Project Management and PMP Certification. The completion and achievement of all these factors can represent the successful completion of the organizational activity and evaluate the outcomes of the organizational activity. The alignment of the effective organizational activity completion had formed the significant impact on the effective project management models. The use of project management plan had been helpful for carrying out the execution of the improved organizational activity completion. The PMP certification organizational activity has remote based operations and the completion of the organizational activity would require the effective project management between the organizational activity team members. The deployment of the effective organizational activity completion would form the deployment of the effective organizational activity management model. The use of project management plan had been helpful for carrying out the execution of the improved organizational activity completion. The project management plans had supported the execution the completion of the organizational activity. The use of the successive organizational activity project management would be supported for listing the utilization of the improved Enterprise Environmental Factors. The utilization of the progressive task project management would be supported for posting the usage of the enhanced organizational activity project management procedures. The project management network would be strong for building up the execution of the undertaking culmination. The aims of IBM are clearly defining the scope and objectives, enabling improved service delivery to customers, and increasing the capability of organizational activity management methods. The various organizational activity management strategies that can be implied in IBM are development of roadmap for EPMO foundation, conducting discovery, and capability improvement. The different task administration techniques that can be suggested in IBM are advancement of guide for EPMO establishment, directing disclosure, and ability change. The utilization of the project management with the assistance of partners meeting and procedures street mapping they can design the advancement of their association. The process roadmaps would be helpful for developing the outline for the organizational activity execution. The execution of the process implication development would support the analysis of the existing strategies of IBM and forming improved activity.
Binder, J., 2016. Global project management: communication, collaboration and management across borders. Routledge.
Fleming, Q.W. and Koppelman, J.M., 2016, December. Earned value project management. Project Management Institute.
Harrison, F. and Lock, D., 2017. Advanced project management: a structured approach. Routledge.
Kerzner, H., 2018. Project management best practices: Achieving global excellence. John Wiley & Sons.
Schwalbe, K., 2015. Information technology project management. Cengage Learning.
Verzuh, E., 2015. The fast forward MBA in project management. John Wiley & Sons.
Walker, A., 2015. Project management in construction. John Wiley & Sons.
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