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MGMT1510 Project Management Fundamentals

Internal stakeholders

  1. Employees

The employees are the internal stakeholders in Haash Inc. They are an important part of the team who contribute to the progress of the company. The employees are the most relevant stakeholder of the organization who is attached to the working system and have an integral role in running the organization.

  1. Project manager

The Project manager is the internal stakeholder in the organization. He is an important part of the team who contributes to the progress of the company. Project managers are the most relevant stakeholder of the organization who is attached to the working system and have an integral role in running the organization. He manages important projects.

  1. Owner

The owner is the internal stakeholder in the organization. He is an important part of the team who contributes to the progress of the company. The Owner is the most relevant stakeholder of the organization who is attached to the working system and has an integral role in running the organization. They own the organization (Kerzner, 2017).

External stakeholders

  1. Suppliers

The Suppliers are the external stakeholders in the company. They are an important part of the team who contribute to the progress of the company. The suppliers are the most relevant stakeholder of the organization who is attached to the working system and have an integral role in running the organization. They are required for regular supplies.

  1. Government

The government is the external stakeholder in the company. They are an important part of the team who contribute to the progress of the company. The government is the most relevant stakeholder related to the organization is attached to the working system and has an integral role in running the organization. They set the rules and regulations for the running of the organization (Healey, 2017).

Project Plan

Actions Details Timeline
1. Goal setting Haash Inc has decided to set the required goals for doubling the capacity of the existing software. 1 Month
2. Task allocation The allocation of the required tasks for various departments will be done for the company to grow and implement the work successfully. 2 Months
3. Budget allocation The budget needs to be allocated for implementing the tasks that are developed in the previous section. 2 Months
4. Implementation The implementation will work will require a certain level of proficiency in the work. 10 Months
5. Review The review is the final step taken by the organization to observe if the work is implemented properly or not. This will engage the company in collecting feedback and other important stuff necessary for evaluation (Kokotsaki, et al., 2016). 3 Months

Project budget

The budget for the following items is allocated by the vice president. This will allow them to notice the required need of the product. The below-mentioned are the products that are required to be accommodated in the budget.

  1. Microphone stands

The microphone stands are necessary to sustain the required need to hold the mic in the recording. The president has allocated the required budget for the purchase of this equipment. This is required in the allocation of the budget. This is required for the project formation to be complete.

  1. Mixing boards

The mixing boards are necessary to make the music that is required. The president has allocated the required budget for the purchase of this equipment. This is required in the allocation of the budget. This is important to generate profit in the business (Heagney, 2016).

  1. Monitors

The monitors were allocated the increasing the quality of the produced materials. The president has allocated the required budget for the purchase of this equipment. This is required in the allocation of the budget.

  1. Amps

The Amps stands are the most crucial accessories for music production. The president has allocated the required budget for the purchase of this equipment. This is required in the allocation of the budget. The Amps are there for the expected time in the organization.

  1. Microphone

Microphones are required to fulfill certain needs. were allocated for increasing the quality of the produced materials. The president has allocated the required budget for the purchase of this equipment. This is required in the allocation of the budget (Harrison & Lock, 2017)

  1. Light boards

The Lightboard stands are crucial for increasing the efficiency of production. The president has allocated the required budget for the purchase of this equipment. This is required in the allocation of the budget. This is required for the project to be successful.

  1. Sound equipment

The sound equipment is required for the recording to be more efficient and better. The president has allocated the required budget for the purchase of this equipment. This is required in the allocation of the budget. This is beneficial for the project to succeed.

  1. Recorder

The Recorder is necessary to meet the needs of the production. The president has allocated the required budget for the purchase of this equipment. This is required in the allocation of the budget. This is required for the project formation to be complete.

  1. Cables

The cables are the primary tool that is required for doing quality production. The president has allocated the required budget for the purchase of this equipment. This is required in the allocation of the budget. The cables are purchased within the allocated budget.

  1. Live mixing device

The Live mixing device is necessary to meet the needs of the production. The president has allocated the required budget for the purchase of this equipment. This is required in the allocation of the budget. This is required for the project formation to be complete (Gido & Clements, 2014).

Allocation Amount
Equipment $ 1500000
Repair $100000
Human resource $ 100000
Training $ 100000
Research and development $150000
Feedback Analysis $ 50000

Project management information system software

This software controls the information system that is required for organizing and delivering the data. This plan helps monitor and execute a project’s plans and deliverables. This helps the organization to form different types of processes that are required to manage an organization. The organizations are required to maintain the scheduling and other stuff for the management of the company. This can be overwhelmed by the data.

Panoptica software

This is the software that is used for scheduling and roster making. This helps the organization to form different types of processes that are required to manage an organization. The organizations are required to maintain the scheduling and other stuff for the management of the company. There is a certain level of responsibility for the team members to be fulfilled in the scenarios. The features of the software are mentioned below.

Features

  1. The software is user-friendly and therefore is reliable.
  2. It is used to make schedules and rosters in an organization.
  3. Low level of space is used for the application of the software.
  4. The security system is commendable the software.
  5. It protects the private data of the employees and the organization.
  6. The software is free from other external corruptions and is therefore safe to be used.

Stage of the project

  1. Initiation

The initiation stage of the project is the first step that is there in the project. This is used for starting the project in the beginning. This makes the goal clear in the project and helps to initiate these with the stakeholders.

  1. Planning

In the planning stage, the project is the second step that is there in the project. This is used for allocating various tasks in the projects with the help of this software. The other type of development is generated in the planning stage for the progress of the project (Gido & Clements, 2014).

  1. Execution

The execution stage of the project is the third step that is there in the project. This is used for implementing various tasks in the projects with the help of this software. This also involves various roles in the project. Scheduling and data privacy is required at this stage.

  1. Performance

The performance stage of the project is the fourth step that is there in the project. This is used for analyzing various tasks in the projects with the help of this software. The rating and the application of the software in analyzing the performance of the products are commendable. It is useful.

  1. Monitoring

The monitoring stage of the project is the fifth step that is there in the project. This is used for accessing various tasks in the projects with the help of this software. The observation of the software in analyzing the performance of the products is commendable. It is used for this reason mostly in organizations.

References

Gido, J., & Clements, J. (2014). Successful project management. Cengage Learning.

Harrison, F., & Lock, D. (2017). Advanced project management: a structured approach. Routledge.

Heagney, J. (2016). Fundamentals of project management. Amacom.

Healey, P. (2017). Making better places: The planning project in the twenty-first century. Bloomsbury Publishing.

Kerzner, H. (2017). Project management: a systems approach to planning, scheduling, and controlling. John Wiley & Sons.

Kokotsaki, D., Menzies, V., & Wiggins, A. (2016). Project-based learning: A review of the literature. Improving schools19(3), 267-277.

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