Project Planning Management and Control Assignment

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Assignment Task

Scenario

You are studying a postgraduate course while working part-time for a consultancy company specialising in managing large and complex projects. In the current year's performance review, the company has witnessed a high failure rate due to projects being completed late and often at a significantly higher cost than initially anticipated. Some clients have threatened to terminate contracts and blacklist your company. The management team believes their plans are often quite robust, but the issue could be how they monitor and control the projects. Your Manager would like to benefit from your newly found knowledge.

Tasks

You will write a professional report to your manager that critically analyses two planning techniques and recommends how these techniques can be used to monitor and control the project to solve the problems of cost and time overruns. Your report will address the following tasks:

1. Critically discuss the interrelationship between a robust plan and its effectiveness in monitoring and controlling a project;

2. Evaluate and recommend three techniques that can be adapted to mitigate the risk of the project overrunning the planned time and budget.

 

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