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PROJECT MANAGEMENT

CT050-3-3-PRMGT
GROUP ASSIGNMENT

MARSAD KIBRIA (TP058327)


ALI BALLOUT (TP058592)
ABDULLAH (TP054167)
DEVDAT KUMAR (TP058340)

A group report submitted in fulfillment of the requirements of Asia Pacific University of


Technology and Innovation

Supervised by Mr Jerry Chong Chean Fuh


Submission date: 1st April 2022

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Contents
Workload Matrix ....................................................................................................................................... 3
Comparative Analysis ................................................................................................................................ 9
Project initiation techniques ................................................................................................................... 11
Project Charter .................................................................................................................................... 11
PROJECT CHARTER SAMPLE DIAGRAM ............................................................................... 11
PROJECT SIGN-OFF SAMPLE .................................................................................................... 15
Feasibility Study ................................................................................................................................. 17
Feasibility Study Sample diagram .................................................................................................. 17
References .............................................................................................................................................. 19

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Workload Matrix
Name Percentage Criteria
Devdat Kumar 25% • Agile

• Comparative Analysis
(summarizing and comparing
in the final report)

• Project Initiation tool: Project


Charter (Addition of Roles
and Responsibilities)

Marsad Kibra 25% • Prince2

• Comparative Analysis
(summarizing and comparing
in the final report)

• Project Initiation tool: Project


Charter (Addition of Roles
and Responsibilities)

Abdullah 25% • PMBOK

• Comparative Analysis
(summarizing and comparing
in the final report)

• Feasibility Study, Sample


Diagram

• Project Initiation Tools


Ali 25%
• Project Charter (Description,
Functionality, Advantages,
Disadvantages, Roles, and
responsibilities)

• Feasibility Study
(Description, Functionality,
Advantages, Disadvantage,
Sample Diagram)

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PMBOK Prince2 Agile

Principles
▪ Team collaboration involves ▪ A project must justify the
all management operations Four central values comprise the
requirements and evaluation
related to communication Agile Manifesto to have twelve
(Management & PRINCE2®, principles. (Terry, n. d)
between multiple project 2022).
teams. ▪ Individuals and Interactions
▪ In exceptional cases, board Take precedence over
▪ Effective Stakeholders members intervene and Processes and Tools.
Engagement composes manage the situation,
Discussions, Cooperation adapting to change similarly ▪ Agile, unlike Prince2, focuses
with active dealings and to Agile. on the Product rather than
Recurrent mutual ▪ extensive paperwork.
communication. ▪ PRINCE2 environment allows
for a customized strategy for ▪ Collaboration with Customers
▪ Value Focus focuses on any each project. During Contract Negotiation.
resulting value that an
organization benefits from ▪ Rather than Adhering to a
through a project, business, Fixed Plan, Adapt to
or strategy. Change.

▪ Holistic Thinking is the


view that any change in a
project can cause cascading
effects within.
Tools and
techniques ▪ Expert Judgement is used This implies that the task is Agile ceremonies and artefacts
widely in all types of divided into digestible chunks are the tools and practices
process groups and ("PRINCE2 Stage-Gate, 2022). utilized.
methodologies.
Unlike PMBOK, Agile can work
▪ Project Charter is used ▪ Look back on revised requests in each
similarly in all sprint rather than working on
methodologies since it is a fixed requirements.
▪ Look at the big picture
standard project
management tool. ▪ Sprint planning sessions
▪ Looking forward establish the order of
▪ Identifying Risks is another precedence; a meeting is
technique used to monitor conducted daily to discuss
and control risks used in issues to be fixed.
other approaches.
▪ Retrospective meetings
assist in resolving team
conflicts and ensuring the

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project runs successfully
(Herman, 2022).

▪ User stories are used to


document the features that
must be built into the
Product.

▪ The product backlog lists


brief descriptions of every
system function completed
to deliver usable software
(Herman, 2022).
Process Flow
/ Phases ▪ Initiating a project, I.e., ▪ Starting up a project Unlike Unlike PMBOK, agile does not
Involved like Prince2 but different focus on project initiation and
PMBOK, Prince2 requires a
from the initial Agile planning, or unlike Prince2, it
high-level document stating a
phases. does not focus on project
project brief to start up a direction or control; instead, it
▪ Planning the project also project as it relies on has six process flows:
contains similarities to documentation (PRINCE2:
Prince2's planning and The Reigning Project ▪ Project prioritization
directing process stages; Management Methodology, The product owner does this
however, Agile is unique as 2022). stage, which defines the project's
its planning procedures are purpose, who and how it will
ever-changing to the clients' ▪ Directing a project This benefit the business and others.
needs. phase is about authorizing the
initiation of the project and its ▪ Inception
▪ Execution of the project is respective stage. Teams are assigned tasks and
relatable to Prince2 given a deadline to fulfil them;
methodology but not to the ▪ Initiating a project Like funds are also distributed
Agile execution processes as PMBOK, this phase defines concurrently.
they are conducted as plans the scope, costs, timescales,
change. risk, quality, and benefits of ▪ Iteration
the project. Unlike PMBOK, the team works
▪ Monitoring and in iterations and emphasizes the
Controlling of the project ▪ Controlling a stage Unlike Product's backlog (Workflow,
with minute comparison to Agile, with no fixed timeline, 2021).
Prince2, but Agile is the Prince2 shares this similarity
opposite having no timeline. with PMBOK, where the ▪ Release & Production
project manager assigns tasks After an iteration is complete, it
▪ Closing the project is the and ongoing reviewing with is released to production for
same as the Prince2 system. the team. review and implementation of
Conversely, Agile only ▪ Closing the project Agile is client-requested changes.
closes the project when the dependent on project Finally, the iteration is released.
satisfaction, whereas

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client is satisfied with the PRINCE2 and PMBOK close ▪ Retirement
project. it when the requirements are After completing all iterations,
fulfilled. the client is notified to switch to
the new system (Workflow,
2021).
Strengths
▪ Standardize practices and ▪ Less time is spent finding ▪ For smaller projects, Agile
methods through various risks because they were stated is suitable over PMBOK or
departments for more at the start of the project. Prince2 due to the flexible,
straightforward and swift, and coherent quality
uncomplicated usage of said ▪ Similarly, like PMBOK, the affirmation of delivery.
procedures. PRINCE2 methodology
▪ Agile methodologies result
standardizes all aspects of the
▪ Modify techniques for the in a more rapid software
project to eliminate the
specific needs and suitable development process that
scenarios that a project possibility of minimizes the period
might require. miscommunication or between paying and being
misdirection. paid significantly, resulting
▪ Prevention of project in a lucrative firm.
failures through
systemization of risk ▪ Unlike PMBOK and
responses through Prince2, Agile has high
optimized attributes. (What customer/stakeholder
Is PMBOK in Project interaction at each
Management? iteration/sprint; thus, the
Understanding PMBOK exact final Product is
Methodology, 2022). delivered without referring
to backlogs (Kukhnavets,
2016).
Weaknesses
▪ Lack of interchangeable ▪ The lack of tools and PMBOK and Prince2 take the
responsibilities for the approaches in PRINCE2 lead over Agile in this area due
project team compared to goes into great length on two to their lack of resource
the other two approaches techniques: the quality review planning; It is challenging to
that contain unique pairs of technique and the product- anticipate the amount of work,
team roles and specifics based planning technique. time, and required resources at
(Buehring, 2021). the preliminary stages of a
project (Kukhnavets, 2016).
▪ The unnecessarily complex
descriptiveness of elements ▪ PRINCE2 requires senior ▪ Due to limited initial
may hinder simple results management buy in to be planning Agile has limited
and outcomes that are successful and is document- documentation than Prince2
unavailable within the other heavy, unlike Agile. and PMBOK.
two policies (Buehring,
2021). ▪ It requires an excellent level ▪ Agile works well for co-
of detail and experience to related teams located in the

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▪ It is not objective towards work well compared to exact physical location; it
the North American PMBOK and Agile. does not function well for
perspective and is globally departments located in
unstandardized compared to separate locations or for
other more internationally large enterprises.
accepted methodologies
(Buehring, 2021). ▪ Heavy client interaction is
also a significant issue for
development teams, as it
causes the customer to make
additional decisions before
reaching the final Product
(PMHut, 2010).
Inputs
(documents ▪ Business documents as ▪ Unlike PMBOK or Agile, ▪ Non-team members like
and programs input within every phase as Prince2 projects require a users, customers, or vendors
that are they are vital components, trigger, a document stating whose feedback is crucial to
necessary for whereas the other two the project brief to start up a the project's success.
the possess more technical project. (Agilest, n. d).
integration of documents.
a project ▪ Prince2 projects require a ▪ Product Backlog, Spring
process) ▪ Agreements, assets, and detailed cost assessment Backlog, and Burndown
environmental factors of appropriately documented. charts can be taken as input
the organization are the to make sprint completion
procurement requirements estimates and what needs to
concerning unique be accomplished in the next
requirements of Agile sprint.
inputs.

▪ Project charter and


product information are
similar inputs necessary for
all methodologies.
Outputs
(outcomes • Performance data, reports ▪ Work packages are checked ▪ A prototype output is shown to
returned from and updates are standard along with the interfaces in the client, further changes are
the phases outputs among all the product delivery stage made to the client's demand,
and input) methodologies compared in ("PRINCE2 Processes: 7 and the outcome product is
the table. Processes of PRINCE2 precisely what the client
wants, not what the client
Explained | EUR", 2022).
▪ Deliverables and final asked for.
products are comparable
but exclusive to Prince2 and ▪ Unlike Agile, Prince2
Agile concerning PMBOK. requires an end project Report
to be created to confirm the
project's closure officially.

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Stakeholder
Involvement ▪ Personally, involvement ▪ Unlike PMBOK or Agile, ▪ At each iteration, the client
consists of defined roles Prince2 considers the end participates in verifying the
such as Strategic, customer, who will be the delivered Product and
Operational and Tactical business case's owner and will requesting needed changes.
project managers, unlike bear ultimate responsibility
shifting official positions for ensuring that the project ▪ Agile emphasizes the
existing in the other two involvement of all parties
delivers on its promises.
approaches (Echtelt, 2020). involved in the project, both
("The 7 Principles, Themes directly and indirectly.
▪ Stakeholders involved and Processes of PRINCE2 -
consist of similar identities PRINCE2 Blog | EUR",
related to the other two 2022).
methodologies, such as
Client, End User, Supplier
and Project Manager. ▪ Sometimes a change of
authority occurs when the
▪ Most governmental bodies project needs to consider any
are involved as request for project
stakeholders, whereas the specifications, whereas
other available practices, PMBOK has defined roles.
I.e., Prince2 and Agile,
possess privatized bodies as
▪ The board takes the project
stakeholders.
Assurance role, unlike Agile,
which works between
developers and clients.
Methodology
Approach ▪ PMOBK is more of a ▪ Prince2, unlike Agile, which ▪ An agile approach is how to
(Describe the standard approach for has iterative and adaptive make a quality product to
criteria here) establishing other basic stages, has a highly the client's satisfaction.
principles and approaches organized and controlled
concerning Agile, the start, middle and ending of a ▪ Agile focuses on how
complete opposite practice. project. individuals approach the
work and manage the
▪ PMBOK has clear and ▪ Prince2, unlike Agile, problem to deliver a product
fixed instructions by the considers the goals and the according to the client's
clients in contrast to new requirements rather than actual requirements.
systems and methodologies. clients' satisfaction.
▪ Prioritizing
▪ PMBOK focuses more on User involvement fosters
standardization for its autonomy and engagement
processes so that it may among customers,
become more accessible for contributing to the Product's
all stakeholders and longevity (Arell, 2022).
personnel to possess a
universal guideline.
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Comparative Analysis

The PRINCE2 project management approach is likely to revolve around the original business
plan and goals, whereas the Agile approach will be more responsive to changes in the Product or
requirements that may emerge at short notice during the projects, with the outcomes not being
dictated by an overarching plan. Similarly, the traditional PMBOK focuses on the completion
rather than the project's changes, iterations, or cycles, unlike the other two methodologies, Agile
and Prince2.

In this regard, PMBOK will require early and detailed input from the client, whereas the other
two methodologies require constant input change from their client. Both Agile and Prince2 have
multiple unique project professions that will focus on their assigned cycles and iterations until
they are completed or altered so that they may concentrate on their modified respective
operations. However, PMBOK professionals consist of criteria specific assignments within the
project so that they may conclude the entire project within the timeline initiated. In contrast to
PMBOK, an Agile team distributes work in small, consumable increments rather than relying
entirely on a single significant launch.

The primary distinction between a startup and a well-established corporation is its "Structure."
Every component in a corporation is highly organized, and everyone understands their position.
However, a startup fails to maintain an effective working atmosphere, resulting in chaos. Many
startups have resorted to Agile Methodology due to the improved transparency among
stakeholders. When a startup develops a product and promotes it through startup PR, it can make
practical improvements based on user feedback. These modifications can be included in each
sprint, assisting in developing a product that outperforms the competition. Continuous client
feedback is critical in developing an efficient and high-quality product.

Companies do not always use complete Agile, and many of them usually have a mix of
traditional practices. At the same time, Agile has its drawbacks and is all about serving defined
components at various stages and capturing user feedback. An unstructured assessment channel
will prevent the team from reflecting, and the startup may fail. Therefore, organizations
sometimes resort to the traditional PMBOK and PRINCE2 due to their comprehensive
documentation and accountability.

Regardless of the scale of a given project, Prince2 considers project complexity, Geographical
location, availability, skills, and knowledge. It ensures that various project contributors have
clear roles and responsibilities and involves the senior managers instead of bombarding them
with information that deviates from the project's primary focus. It is widely used in most sectors,
such as the IT industry: IT companies use Prince2 because it properly appraises the financial

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viability to decide whether the project is pursuable or not or if there is scope to alter its objective.
It is also used in the marketing industry.

As related to Agile and Prince2, PMBOK is a standard framework that is quite complex for more
minor projects since it is meant to be used by more prominent and more technical projects as the
complexity decreases for them due to an increase in framework compatibility. (List of Project
Management Methodologies: Comparison & Examples – Financesonline.com, 2022)

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Project initiation techniques
Project Charter

Projects need approval before they can be executed. A project charter is a project planning
document that sells the project to stakeholders and sponsors (Ray, 2022). Applying it to our case,
the project manager presents this document to APEX stakeholders since they are the sponsors of
the project. The charter includes attributes such as the main objectives of the human capital
project, participant stakeholders such as the system development team and subject matter
experts, the benefits of a centralized system and other criteria. As apparent, the charter becomes
a critical tool for the approval of the human capital system. As GITS continues with project
execution, the project charter can always be referred to, to keep project activities in line with the
set scope. Taking the case of developing system functionalities as an example. One of the project
scopes is to develop a system which supports L1 and L2 technical support to users. This gives
system developers a clear picture of what functionalities the system should contain, which is
possible by referring to the project charter. On the other hand, a variety of stakeholders will be
involved in the process of developing and implementing the HCS. Realistically, a diversion of
tasks delegation may occur. In this case it is helpful to look back at the charter, as the roles and
responsibilities of stakeholders are mentioned clearly. Not only does that avoid confusion, but it
allows mid-way project personnel replacements.

PROJECT CHARTER SAMPLE DIAGRAM


Project Human Capital Project
Name
Project Marsad Kibria
Manager
Date 1st April 2022
Project Asia Pacific Exchange Ltd. (APEX)
Sponsor
Business All branches of APEX in SEA are running on similar independent systems. The current
Case system is considered to be failing due to the duplication of market tailored IT support. This
redundancy is costly, considering the operating expenses and the capital involved.
Project • Unify all APEX L1 and L2 IT support systems in branches located in SEA
Scope (Southeast Asia)
• Develop a centralized IT support system that can manage all APEX branches from
GITEX Malaysia

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Objectives • To implement a system that helps in managing overseas APEX branches
• To reduce operational and capital costs of overseas IT support systems
• To provide business intelligence capabilities to enable users to make faster
decisions in inventory management and achieve a prominent level of control.
• To implement the management system within five months
• To implement a centralized warehouse system instead of other markets being
allowed to have individual frameworks

Success • Implementing HCP (Human Capital Project) IT support system


Criteria • Replacing the old system with the new system in phases
• Parallel cutover
Constraints • There are time constraints since the project's timeframe is only six months.

• Cost restraints are there since some time has already passed, and a portion of the
budget was consumed. As a result, the expense of the recovery attempt is restricted,
and any further wastage is avoided.


Employee employment experiences and skill limitations: Employees may require
network and security training to increase their technical skills due to a lack of
expertise.
Stakeholder Stakeholder Role
s Involved GITS-ITSEC • IT governance for application
Security Engineer (IT department) development, software, and hardware

• Determine and Patch vulnerabilities

• Document any vulnerabilities of the


framework.

GITS-ADC • Develop the front end of the system


• Develop the back end of the system
GITS-PMAC • Resolve conflict, remove
impediments, and ensure.
• Ensuring that the project is under
control and that risks are being
controlled.
• Confirming that the business needs
are correct and properly prioritized.

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GITS- CEO • Lead the formulation and
implementation of the organization's
(Individuals) overarching strategy.

• Act as APEX's representative in civic


and professional association events.

• Demonstrate the leadership required


to ensure the success of the
centralized implementation.

• Create a vision and mission statement


for APEX.

GITS- Software Architect (IT •Create the program and translate it


Department) from a conceptual to a real design.
• Create a complete system that will be
used throughout the product's life
cycle.
Quality Assurance Engineer (IT • Ensure that the finished system
Department) satisfies the needs of the end users
and is error-free.
• Ensure that the system's modules and
components fulfil the standards.
Consultant (IT Department) • Support the team if they face any
obstacles.

• Handle centralized local systems into


a
single global network
Software Tester (IT Department) • undertake system testing steps such as
unit testing, system integration
testing, and user acceptance testing
(UAT).
Finance Manager (Finance • Keep an eye on financial information
Department) to ensure that all legal obligations are
completed.
• Supervise staff who are in charge of
financial reporting and budgeting.
• Examine the company's financial data
and look for ways to save
expenditure.

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Marketing Manager (Marketing • Monitor all marketing and sales data
Department) and generate reports for senior
management.
• Outline marketing objectives based on
previous performance.
• Plan and carry out a marketing plan.
Coordinator (Internal GITS-PMAC) Schedule meetings and keep track of
the status of change requests.
Assist in the collection of project
plans and the monitoring of work
activities.
Procurement Manager (Procurement • Find third-party providers.
Department) • Create ties with vendors in order to
get the best costs.
• Find possible new suppliers.
Communication Manager • Report on the project's progress and
(Communication Affairs) keeping stakeholders updated.

• Manage and carry out daily internal


and external communication efforts.

• Plan interviews and media activities.


Project Manager (Internal- Marsad • Plan for project management.
Kibria)
• Define the project's scope.
• Organizing the project's progress.
• Tasks that must be completed by a
team member.
• Approve or deny the project's
expenses.
• Inform the stakeholder about the
project statue.
• Evaluate the performance of team
members.
High level
risks 1. Strategic Risk
2. Compliance Risk
3. Operational Risk
4. Financial Risk
5. Reputation Risk
6. Employee Leave Risk

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Milestones
for 1. Finish a meeting, such as a project kickoff event.
important 2. Plan completion and approval
projects 3. Design completion and evaluation
4. Resource deployment, such as a development team.
5. Connecting and coordinating everything

PROJECT SIGN-OFF SAMPLE


Authorization Memorandum
I have carefully assessed the specifications and deliverables for the APEX GITS
centralization.

Please check the appropriate statement.

✓ The project deliverables are accepted.

✓ The project is accepted pending the issues noted (below).

❑ The project is not accepted (for the reasons provided below).

We fully accept the changes as needed improvements and authorize initiation of work to
proceed. Based on our authority and judgment, the continued operation of this system is
authorized.

Project Manager
NAME Marsad Kibria
DATE: 4th January 2022

CEO
NAME: Jason Wong
DATE: 4th January 2022

Quality Assurance Manager


NAME: Adam Taylor
DATE: 4th January 2022

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ISSUES LIST

Detail any unresolved issues…

ISSUES LIST
ISSUE ID ISSUE DESCRIPTION STATUS
Budget amount exceeded due to extra resources for
0001 ONGOING
framework implementation
0002 Security Vulnerabilities due to be patched ONGOING
NOT YET
0003 Server configurations mismatch
INVESTIGATED

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Feasibility Study

The word “Feasible” is a term that is used to measure the probability, or the hood of something.
A feasibility study of a project is the analysis of all factors related to the project such as
technical, financial, legal, to measure the probability of its succession (Team, 2022). Conducting
a feasibility study for the human capital system means that factors such as the technology that
should be used for website development, the project’s budget, the necessary workforce, as well
as other factors all must be considered and compared to the cost of a maintaining a decentralized
system. To make a logical “go” decision, the cost of implementing and maintaining the human
capital system must be less than what the current implemented system costs. Moreover,
conducting a feasibility study will help in Identifying all challenges that the project might face in
integrating the system. Moving on, the criteria of HCS feasibility will include the project success
criteria. This clarifies to project managers that a positive ROI is not the only indication of
feasibility, but other factors such as integrating the system parallelly and replacement in phases
can dictate the conclusion too

Feasibility Study Sample diagram


Executive The issue within this assignment is to recover a failing project of Asia
summary Pacific Exchange Pte. Ltd. (APEX) by finding the appropriate project
management tools and techniques. As our assigned group of 4 project
members produce results, they will create efficiency in the financial and
technical value of governmental and private organizations. This is
necessary because it affects Malaysia’s human capital management
systems.
Description of As for the IT support system, the project possesses the GITS protocol
the IT support system that is used for its ICT processes.
system

Technological Considerations related to technological processes and approaches for this


Considerations project conclude the services of a popularly adopted ICT consultancy
service provider I.e., Global IT Services (GITS), local application vendors,
IT related technical professions and cloud services for the application
systems.

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Staffing 1. Project Manager roles:
a. To secure all the necessary technological staff and
resources
b. To implement the new system within 6 months of project
initiation
c. To manage the project finances
2. Programmer roles:
a. To code the application software
3. System developer roles:
a. Responsible for parallel integration of the new system
b. Responsible for
4. L1 and L2 technicians
a. Tasked with communicating with users
b. Tasked with responding to client queries
5. IT security professionals
a. To protect the system’s digital assets
b. To ensure the confidentiality of Human capital information

Schedule At the end of the 30th Day:


1. 20% of the system application is completed
2. System developers and other stakeholders have decided on the
method of integration
At the end of the 90th day:
1. 50% of the application software is completed
2. L1 IT support is provided through GITS Malaysia
At the end of the 180th Day:
1. L1 and L2 support is provided through GITS Malaysia
2. All apex branches use a centralized system

Financial - Estimated loss of 1M dollars per year with the use of the old
Projections system
- Estimated cost of 3M dollars for implementing the HCS system
- Estimated turnover of 2M dollars in the next 5 years
Findings According to the study. Taking into consideration a loss of 1M dollars per
year and the resources needed to complete the project successfully, a
positive return on investment can be achieved within 5 years of
implementing the project.

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