Project Management Phases for Catered Lunch Project, Lecture notes of Business Accounting

Download Project Management Phases for Catered Lunch Project and more Lecture notes Business Accounting in PDF only on Docsity! D079 Discuss how you would plan the catered lunch project by completing each of the following 5 distinct project management phases: 1.  Project initiation a.  Describe the project and the need for the project. Include information from the provided scenario for support. b.  Identify three relevant stakeholders and discuss how the project impacts each stakeholder. c.  Discuss whether the project is feasible by addressing each of the three triple constraint components: scope, cost, and timeline. 2.  Project planning a.  List three milestones for the project plan and provide a timeline for each milestone. b.  Write a SMART goal for the project. c.  Identify two different potential risks to this project’s success and describe how each risk could be managed. 3.  Project execution a.  Discuss a way to address being over budget by 10 percent. Include information from the provided scenario for support. b.  Discuss a way to address a scheduling conflict that could affect the timeline of the project. Include information from the provided scenario for support. 4.  Project monitoring and control a.  Discuss how scheduling conflicts and budget constraints could affect the scope of the project. Include information from the provided scenario for support. 5.  Project closure a.  Discuss two ways to change how the project was planned, considering the timeline and budget conflicts that were encountered.   B.  Acknowledge sources, using in-text citations and references, for content that is quoted, paraphrased, or summarized.   C.  Demonstrate professional communication in the content and presentation of your submission.