Project Management Body of Knowledge - Essay Example

Product description- Clients will be enabled to track their asset management with the firm, trade and access securities at their doorsteps, and any other service offered by the organizations such as credit facilities. Each of the customers will be provided with their respective business numbers which enables them to view transactions from our website.

Milestone- To determine the project progress, there will be weekly meetings that provide for analysis in the project development. Various cost reviews are likely to take place to ensure the cost estimates are adhered to. Time periods will be maintained as determined by the critical path analysis while every stakeholder is expected to work on their assigned roles.

Rough Order of Magnitude- The cost of the project will be relatively sums that are derived by the project manager but limited to the amounts that do not negatively affect the financial base of the company. It is expected to last for a period of three months beginning the month of March.

Key initial personnel- The project development manager will be the key leader in the project working very closely with the IT manager. He will be expected to report to the chief executive officer on weekly basis to provide briefings which will be addressed to the board of the company.