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Management of Tibob and Tibob - Thesis Example

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The paper "Management of Tibob and Tibob " aims at developing a project plan for Tibob and Tibob, based on the application of the principles of the standard project methodologies. Tibob and Tibob ltd are a company specializing in the installation of water quality chemical control systems…
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Download file to see previous pages The first phase of the project development begins with an identification of the project requirements. (Field and Keller 2007). In the process, it is important that the key project deliverables and the key project constraints are identified and set. This would include for example setting the date of the move, Confirming the allocation of the resources (finances and time of the employees), the availability of contractors (the moving agency) and similar.  These activities result in a project proposal, which aim is to provide a common understanding of the scope of the project (Gardiner 2005).  In the particular case of the relocation project of Tibob and Tibob ltd, this phase is within the project report. Planning is the second phase of the project life cycle, it is the longest phase requiring manager’s attention and covers the creation of a project team and a detailed project plan (OGC 2005, PMI 2008). “The development of the project management plan is the process of documenting the actions necessary to define, prepare, integrate and coordinate all subsidiary plans.” (PMBOK 2008, p.78).  It defines how the project will be executed, monitored, controlled and closed.   According to Field and Keller (2007), the project plan purpose is to communicate the intentions of the project to various publics.  Project stakeholders are made by the management, the client (internal or external), the internal team, finance providers, contractors and similar.  The planning phase begins with the identification of the Work Breakdown Structure (WBS). WBS is the most popular project management tool which decomposes the project into deliverables, i.e. work packages.  Each package is later divided into corresponding project activities which results in a detailed project plan. Apart from its significance for the project plan, the WBS is a scope control management tool because it provides the scope baseline for the project (PMI 2008, Lewis 2007, White and Fortune 2002). ...Download file to see next pagesRead More
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