Project Management 586 Question 1

Huntsville Plant Project

To make an accurate determination on whether the Huntsville Plant Project can be completed on time, calculation of the projects earliest start times and latest finish times come in play dates was required to figure out the project’s completion date. As a result, the project will be ready by the end of 2012 or before the June 30, 2012 deadline set by the company’s board of directors. From my finding in Microsoft project management, the project will actually be completed earlier than scheduled. In most cases, this is not usually normal for a project to result like the Huntsville project but instead be delayed and not meeting the projects deadlines. When placed in a situation as this there are several things that should be kept in mind to ensure a project will be ready to meet its deadlines on time.

One thing to think about is to make sure that all project members are well versed of the projects objectives and their own role in the project. In doing this it will alleviate any confusion or mistakes, which are likely to occur throughout the project. Another point to consider is the utilization of key tools such as risk management, scope management, proactive communication, and ensure that a project deadlines is met. If properly utilized these key tools there is no 100% guarantee that the project will be prevented from being delayed. However, it will guide the project manager and team members on how to properly handle a situation that might occur. After much research, I will discuss in this paper how utilizing each key tool will prevent a delay in a project. The first key tool for discussion is risk management. Risk management is considered to be the process of identifying, assessing, and prioritizing the risk in order to minimize, monitor, and control the probability and impact of unfortunate events.

When assessing risk management there are steps that need to be applied which are as following: identify, characterize, and assess threats,...