Itm 423 - Module 4 Case Assignment

TRIDENT UNIVERSITY INTERNATIONAL

ITM 423: System Acquisition, System Development and Project Management

Module 4: Project Planning, Scheduling, Budgeting & Risk Management Case Assignment

May 2014 Term

July 06, 2014

Assignment: Prepare a 4-6 page paper addressing the topic:

“Issues and conclusions regarding project planning, scheduling and risk management from the construction case that also apply to information technology projects”

Issues and conclusions regarding project planning, scheduling and risk management from the construction case that also apply to information technology projects

The end result of any project are a direct reflection upon the efforts made throughout the planning and implementation phases. While by the definition we have seen so far in this course of a project being successful by being completed within the original timeframe and on budget, there are many outcomes that can also be considered a success even if the project busts the initial timeline and has had extra accumulated costs. Cost estimates and project timelines are not an exact science and the Project Manager goes into the project using the best available estimates and must build in flexibility throughout the schedule to ensure if things do go off path that they can steer things back in the right direction.

This is true in the high-rise construction case at the center of discussion as well as IT projects that you and I may see take place within our organization. For this assignment I will highlight the issues and conclusions that tie both types of planning together, with headings such as Cost, Customer Relations, Communication, Defining Requirements and Scope, and Leadership. In all of our readings these areas stand out in any project in terms of project planning, scheduling and risk management and serve as our framework.

Cost

As the Case points out, construction projects and especially high-rise construction projects are very unique and specific entities...