The OKC is the Oklahoma City in the City in Oklahoma and FL is the Florida. The distance between these two cities is approximately over 2000 kilometers or 1220 miles. Therefore for moving from Orlando to the Oklahoma City by road the person has to cover 2000 kilometers. If it is covered by vehicle then approx thousand dollars is requires to shift the entire belongings for buying a house approx five hundred thousand dollars is required and the transportation cost to move to Oklahoma is above twelve thousand dollars. The time invested in transferring the entire household items will take over 3 days. Thus the scope of the entire project is possible if a proper planning is done for the entire operation. The budget for the entire operation can be around six hundred thousand dollars including the house cost, transportation cost and various other overheads like labor cost, petrol cost taxes and other modes of co sty (Dennis, Minas & Bhagwatwar, 2013). The entire project will take over 4 to 5 days which includes the transportation and packing and moving the items. If the project is properly planned for each step and the budget plan which is made for the project does not overshoot the target then the quality of the project is better and possible to be performed.
The project goal here is to make budget plan for the various stages of the project which is shift from one city to another city (Walker, 2015). Therefore the project can be intimated is to first look for the house in the Orlando city which is under the budget of the user. The next stage is to look for the best transportation company and their budget for moving the goods from Oklahoma City to the Orlando city. Thus the project is initiated.
The goal of the project is to shift from one city to another city. To perform this task various task is too performed in between to complete this project that what is done in the second stage of the project management. Firstly the goal of the project is identified. After the goal is identified the various stage of the project is planned. In this project after the decision of t moving the various stages is to look for the house which is under budget in the destination city. Then a transportation company is to be browsed which is under the budget of the user (Shi, 2015). Lastly the packing of the household goods we planned so that it can be packed in the required time. After looking for the house and transportation a proper budget plan is designed for each activity and it to be insured the expenditure should not cross the budget. Thus a proper budget plan is made in his stage.
After the budget is planned on the paper the next crucial step is to monitor and control the project so that the project follows according to designed plan. There are various events when the management of the project requires extra cost like labor charge or toll tax or petrol charge. These are the event where the budget can exceed (Kohn, Arditti & Korde ,2013). It is to be ensured that the project budget plan should include extra cost to bear these charges.
The closure of the project is as important as initiation of the project. After the entire project activities are performed it is necessary to review the entire project and to analyze at which part of the project the demand is fulfilled and at which the target of the project was not achieved. It will help in better understanding of the project and also to gain experience where the user lack in meeting the demands and to perfume better in the future.
Brainstorm is one of the method which helps in the risk assessment. The brainstorm is the process in which a group of individuals gather together to generate ideas to tackle a certain problem (Gallagher, 2013). The brainstorm does not involve any analysis but only generating the ideas. The eight risks resulted to the projects are:
|
Project Phase |
Risk |
Impact |
Likelihood |
Composite Risk Score |
Response Type |
Response Description |
|
Project Initiation |
Lack of the Information |
Very high |
High possibility |
5 |
quick |
The project goal here is to make budget plan for the various stages of the project which is shift from one city to another city. Therefore the project can be intimated is to first look for the house in the Orlando city which is under the budget of the user. The next stage is to look for the best transportation company and their budget for moving the goods from Oklahoma City to the Orlando city. Thus the project is initiated. |
|
Project Planning |
Lack of Innovative Ideas |
High |
Not Likely |
4 |
Not necessary |
The innovative ideas is crucial for the reducing the budget but if the budget is properly planned the innovative ideas will not have much impact |
|
Project Charter |
Unavailability of resources |
High |
Likely |
3 |
Moderate |
The unavailability of the project arises if there is not a proper planning of the project. |
|
Execution Phase |
Unavailability of Funds |
High |
Likely |
4 |
Quick |
The lack of the funds is one of the major issues of the project management thus a beforehand planning of the budget is required for the project (Burke, 2013).. |
|
Performance and Control |
Identification of loop and gaps Factors |
Low |
Not Likely (Deans, 2017) |
2 |
Moderate |
During the planning of the project a proper planning needs to be done to avoid loopholes to avoid any risks |
|
Project Closeout |
Failure while testing |
Low |
Likely |
3 |
Moderate |
The closure of the project is as important as initiation of the project. After the entire project activities are performed it is necessary to review the entire project and to analyze at which part of the project (Saunders, M. N., & Lewis, 2012). the demand is fulfilled and at which the target of the project was not achieved Keeney, 2012). It will help in better understanding of the project and also to gain experience where the user lack in meeting the demands and to perfume better in the future. |
According to the user the important part of the project is its planning and closing as it depends on the two factors
With the composite score of 5 the planning of the project includes to make budget plan for the various stages of the project.
With the composite score of the 3 the project closure is also an important phase of the project. It includes to review the entire project and find where the project lacked its target and to gain lesson from it.
References
Burke, R. (2013). Project management: planning and control techniques. New Jersey, USA.
Dennis, A. R., Minas, R. K., & Bhagwatwar, A. P. (2013). Sparking creativity: improving electronic brainstorming with individual cognitive priming. Journal of Management Information Systems, 29(4), 195-216.
Gallagher, S. (2013). Brainstorming: Views and interviews on the mind. Andrews UK Limited.
Goodman, L. J. (2012). Project planning and management: An integrated system for improving productivity. Springer Science & Business Media.
Keeney, R. L. (2012). Value-focused brainstorming. Decision Analysis, 9(4), 303-313.
Kerzner, H. (2013). Project management: a systems approach to planning, scheduling, and controlling. John Wiley & Sons.
Paulus, P. B., Kohn, N. W., Arditti, L. E., & Korde, R. M. (2013). Understanding the group size effect in electronic brainstorming. Small Group Research, 44(3), 332-352.
Saunders, M. N., & Lewis, P. (2012). Doing research in business & management: An essential guide to planning your project. Pearson.
Shi, Y. (2015). An optimization algorithm based on brainstorming process. Emerging Research on Swarm Intelligence and Algorithm Optimization, 1-35.
Walker, A. (2015). Project management in construction. John Wiley & Sons.
Essay Writing Service Features
Our Experience
No matter how complex your assignment is, we can find the right professional for your specific task. Contact Essay is an essay writing company that hires only the smartest minds to help you with your projects. Our expertise allows us to provide students with high-quality academic writing, editing & proofreading services.
Free Features
Free revision policy
$10Free bibliography & reference
$8Free title page
$8Free formatting
$8How Our Essay Writing Service Works
First, you will need to complete an order form. It's not difficult but, in case there is anything you find not to be clear, you may always call us so that we can guide you through it. On the order form, you will need to include some basic information concerning your order: subject, topic, number of pages, etc. We also encourage our clients to upload any relevant information or sources that will help.
Complete the order form
Once we have all the information and instructions that we need, we select the most suitable writer for your assignment. While everything seems to be clear, the writer, who has complete knowledge of the subject, may need clarification from you. It is at that point that you would receive a call or email from us.
Writer’s assignment
As soon as the writer has finished, it will be delivered both to the website and to your email address so that you will not miss it. If your deadline is close at hand, we will place a call to you to make sure that you receive the paper on time.
Completing the order and download
