Select a project for development into a Project Plan.
For this assignment, please describe in general terms the goal you would like to achieve in the project on which you will work. Your goal should meet the definition of SMART goals. Even though you will not actually be executing the plan you write for your final project, it is impossible to begin creating that plan without a clear goal in mind. Please use this assignment to describe that goal, providing enough information so that the reader, who has no background on the problem you hope to solve or the innovation you hope to initiate, can understand the goal you have in mind in detail.
Required Length- 1-2 paragraphs
Identify the project you have chosen for your term project (i.e., give it a "name").
- Describe briefly how you chose this project.
- What were your selection criteria, given what you have learned so far about the nature of projects? 1-2 pages
Identify the stakeholders involved in this project. (1 page)
- List the groups of stakeholders and define each group.
- Identify any specific characteristics of each stakeholder group in terms of their connection to the project. As the project manager, what features of each group do you need to be aware of?
Project addresses change which guides the organization north to help it maneuver through turbulent phases and ensure that well supported decisions are taken. Every project should have pre-defined goals which outline the purpose for which project is undertaken. In order to be aligned with the business objectives, the project should have SMART (Specific, Measurable, Actionable, Realistic and Time-bound) goals. The project would go through many highs and lows and having SMART business goals would help the project team keep going during turbulent phases. The objectives can be broadly divided into two categories- strategic and economic objectives. Strategic objectives include integrating processes, increased customer response, flexibility, improved information flow, increased productivity and others. Economic objectives include financial management, supplier management, inventory management, order management, IT costs etc.
The project would be implementation of Enterprise Resource Planning (ERP) to replace traditional information system. After knowing that the project needs to have SMART goals, next step is to decide what would be the project goals. Typically responses to questions like those given below are use to reach SMART goals.
What is the need to implement ERP?
What are the problems of existing system?
What is the need to implement ERP at this point in time?
A project for development into a project plan is given. The goals of stakeholders are defined.