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Implications of Project Planning Tools - Essay Example

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The paper "Implications of Project Planning Tools" states that уducation is a necessity for human beings, without which we will be nothing but modern animals. With the changes that take place in the world with time, innovation in the education department is a base requirement…
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Implications of Project Planning Tools
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Extract of sample "Implications of Project Planning Tools"

The department is said to be completed and inaugurated in 2017. The building will be based on Much Street which is the city center and will consist of various simulated health facilities. To build such an advanced infrastructure, Higher Education Funding Council for England (HEFCE) has granted a sum of £4.9m to Coventry University. Additionally, the university will receive a sum of £200 m which is a share, set aside by the government for science, technology, engineering and math (STEM) investment. The facility will be a five-story flagship building occupying 120,000 square feet in a university that has been labeled a model university.
Outline
Scope
a. Brief description of Coventry university
• Current student population
• Courses offered
• Ranking of the university in terms of academic performance and facilities
b. Project description
• Breakdown of the project into steps, e.g groundbreaking, setting up the physical structures, supplying equipment and testing the equipment
• The number of physical facilities to be built (e.g mock operating room, ambulance, energy house, labs, physical fitness rooms) and their specification in terms of size and location.
• The equipment to be placed in each one of the new rooms, their cost and main uses
• The time that each step of the project will take and the resources to be allocated for each phase of the project.
Implications of Project Planning Tools
a. WBS
• Work breakdown structure is dividing a major project into small deliverable components
• Give a work breakdown structure for the project in question
• Show the planned outcome at each level
• Significance is the ability to measure the level of project progress at each phase( show this using the project in question)
b. Gannt Charts
• It shows the summary of the project by showing the start and finish dates, the terminal elements and summary elements.
• Terminal and summary elements (work breakdown structure)
• It is significant since it shows the relationship between different activities and how the success of one activity depends on the success of another.
Assessment of stakeholders
• Students
• The financier (government and students)
• The staff
• Specific faculties affected by the project
(Show how the project impact different stakeholders and give recommendation on how to deal with each stakeholder)
Strengths and Weaknesses of the project
a. Strengths
• Contribution to science and technology
• Create employment opportunity
• Better learning
• Boost student morale
b. Weaknesses
• Expensive
• Technology gets obsolete quickly.

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(“Project Management Essay Example | Topics and Well Written Essays - 500 words - 15”, n.d.)
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