Assignment Sample on CIS4021 PROJECT TITLE: PROJECT MANAGEMENT CASE STUDY

Part 1: Creation of projects scenario

Business background

Pan Macmillan is a multinational company that produces books and articles with the help of variety of authors. The company is widely known for its authentic way of publishing books around the world. It focuses on providing books as per the requirements of the customers.  They show all forms of operational excellence in all forms of business. One of the core businesses of Pan Macmillan is publishing books on different topics and subjects which bring a reputation for them. In modern days, people are highly drawn towards the digitalised things and many prefer to read e-books rather than studying books. Hence, selling e-books would be great for Pan Macmillan to attract higher number of customers. It is one of the very well-known book publishing companies across the world. Pan Macmillan has a total of around 500 superior employees that give complete potential to improve publishing quality. The company operates in countries such as South Africa, Australia, India and UK. The company has a huge fan base due to its quality of publishing books and articles that easily attracts customers towards the organization’s works.

Projects analysis and scenario

Projects and scenario analysis of Pan Macmillan is necessary for their comparison and explore different plan selects which is the suitable one. Hence Pan Macmillan is a profitable organization so they have to pay more attention to taking any projects which they can complete successfully. As cited by Fossum et al. (2019), by the application of scenario analysis companies can take competitive advantage from the market which is helpful for them to run many education-related activities. Scenario analysis becomes more beneficial for the company including taking better-informed decisions or action, the evolution of possible outcomes, improving the project’s predictability, and deep analysis on simple and complex factors related to their projects and organization. Publishing e-books would be beneficial for Pan Macmillan become one of the best-seller in the country. Primary reason behind it is the fact that the business of e-books are growing rapidly around the world. As per the view of Nekhoroshkov and Nekhoroshkov (2018), the organization needs to make an appropriate decision for their future projects and take action to run successful future projects.

Appropriate decision and action was taken by the manager of the organization. For retaining operational excellence in the future projects of the company, managers of the organization should have to identify the possible outcome of their decision and action taken by them. As cited by Tadewos and Patel (2018),   to retaining their productivity, operational excellences, productivity and reputation Pan Macmillan needs to identify the simple and complex factor for their future planning and projects. Selling high quality e-books can help the organization to gain more customers which would further help in achieving more profits. In this analysis, it is necessary to identify the important elements to overcome the problem and challenges faced by them.

Figure 1: Benefits of e-books

(Source: Tadewos and Patel, 2018)

Due to rapidly increasing online websites, Ereaders, smartphones, and tablets readers of the Pan Macmillan are decreasing day by day. Hi-tech devices provide a library of knowledge in the pockets of the customer and which is easily accessible. Availability of good devices is a common thing in modern era which open more scope for Pan Macmillan to get customers who prefer to read books through internet. For this reason, their sales and their market share in the education business are shrinking day by day. In a record margin of customer reduction in some recent years, their share fell almost 60% in the market. To overcome these challenges Pan Macmillan decided to convert its all paperback into digital eBooks.

Projects advantages and disadvantages

Advantages

Understanding the cost of the project is effective to enhance some basic opportunities of the project. Cost effectiveness is more beneficial for the company for their better understandings of the customer interests and reduce the products price. As per the opinion of Bukunova and Bukunov (2020), specific project scenarios help to track advanced technology and monitoring and develop numerous project ideas. Cost effectiveness is a great way and that is beneficial to manage numerous problem solving factors of the project. Most of the project difficulties are enhancing some basic opportunities of the process and that helps to manage numerous problems of the project. Major advantage of selling e-books would be to achieve customers that prefer to read different types of books through internet sources.

There are many advantages in the projects of the book publishing in the market of UK, where competition is too much high for the Pan Macmillan book publishing company.  Completion of a projects before deadline is necessary for the Pan Macmillan for retaining their customers and increase the number of customers. Completing projects before deadlines helps the organization retain its clients and increase the number of clients. As cited by Moise et al. (2021), client satisfaction plays a significant role in the success of the business or running an organization. Completing a project fairly is also necessary for the organization for retaining their customer and increasing the number of the customer. Wrong methods of application and inferior quality products can damage the reputation of the organization. Another important advantage of projects management helps an organization in handling multiple projects at a time. Handling projects at the same time is necessary for the organization for their growth and earnings and more revenue and projects. Financial stability is one of the most important advantages of successful projects managements.

Disadvantages

Some disadvantages are reducing some basic performance of the project and adoptive market technology does not improve overall project performance. In every project future opportunities are most important and some basic ideas are developed to enhance project opportunities. Sometimes unclear budget planning does not provide accurate knowledge and that enhances the basic cost of the project. As per the opinion of Martens and Carvalho (2017), poor budget planning and time scheduling sometimes decrease future opportunities and that easily puts a negative impact on the overall project performance. A group of customers might be there that do not like the pricing structure of e-books which can be a huge drawback for the project. Project planning and ideas help to manage numerous difficulties of the project.

Figure 2: Comparison of e-books and printed books

(Source: Akhmetshin et al. 2018)

There are many disadvantages in projects management in the education and book publishing related business. One of the most important disadvantages of the projects managements is the delays of the projects which occur due to a lack of decision-making ability of the manager of any projects. No customer keep patient on an organization that provides services in delays. As cited by Akhmetshin et al. (2018), delayed services are the main causes of decreasing the customer and also reducing the market share of any organization. Conflict among employees both at the executive level and at the lower level is the other main disadvantage of projects management. In an organization, if employees do not believe each other it would be harmful to the projects as well as the organizations. So, efficient management’s professional is necessary for the future growth of the organization.

Part 2: Project management strategy and plan

Analysis of scenario details

An accurate project management plan is beneficial to enhancing future opportunities for the specific project. Numerous project managers play different roles to improve the overall project management framework. An accurate project management framework controls the overall project and easily justifies numerous project methods to enhance basic opportunities. Accurate project planning is improving overall business ideas of the project and most of the project managers are developing their project ideas to enhance some basic opportunities of the specific project. The project engineers are trying to improve overall project work to enhance future ideas of the project. Set up accurate tools to eliminate. Project management methodology sometimes improves some basic ideas that help to eliminate numerous difficulties of the project. Pan Macmillan is the best seller of the books which is attracted numerous consumers in the business. Who are interested to reading books can easily attracted by the business strategy of Pan Macmillan.

A project management plan is a formal way that describes how projects are going to be carried out. As per the opinion of Simpson (2017), accurate project management includes budget, timeline, scope, and deliverable of the project. A strong project management plan always follows an accurate baseline that enhances more chances to increase project opportunity. Cost management plan and project based baseline is improving accurate management plan which is improving overall project strategy for non profit membership association. As per the study of Mihic and Zavrski (2017), natural resources of project management develop international trade and actual information systems for national leaders. An accurate project management schedule develops numerous activities and it helps to provide accurate information to recognize estimated cost and budget. Electronic books are easily updatable and sharable contents can describes by the electronic books, as result electronic books are attracted numerous customers into the business.

Methodology of book publishing is necessary for the project managements to achieve accurate project management and product quality. Waterfall methodology compares some basic components of the project and that helps to enhance project management work accurately. As per the opinion of Lee et al. (2018), the project managers are trying to meet the overall requirements of the project and that is beneficial to enhancing some basic opportunities of the project. Project opportunities are common factors and that easily improves by accurate planning. Project management planning sometimes improves some basic ideas of the project and manages numerous difficulties of this specific project. The project managers play a different role to enhance some basic opportunities of the project. The project management triangle is developed by the waterfall methodology and that helps to eliminate some threats and difficulties.  Some complex factors of the business has clearly describes by the effective planning and scheduling of Pan Macmillan. Some interactive business elements are describes by the eBooks and it also light weight, as result it also easy to carry around.

Accurate project management planning includes interaction and it is also useful to develop a sustainable project differently. As per the study of Jaspan et al. (2018), cost management planning is a complicated procedure because it needs skills and knowledge to resolve numerous project difficulties. Developing a project management schedule is beneficial to the Pan Macmillan and helps to enhance basic project quality and also helps to understanding the cost of the projects with includes with the product prices enhance more opportunities in the future. As cited by Papke-Shields and Boyer-Wright (2017), Communication management is the simple way to improve accurate project quality and it helps to enhance basic chances to achieve future goals and objectives of the project. Risk management is potential for every project and that helps to eliminate future threats of the project. Future objectives and goals are efficiently achieve by the effective performance of the Pan Macmillan.

Comparison and contrast of PMLC

A project management framework is a systematic process that always improves project management principles. As per the opinion of Demirkesen and Ozorhon (2017), developing project principles is an effective way to properly organize project management approaches. An agile framework is a specific design that creates specific support to achieve numerous project management principles or objectives. The agile framework plays a different role to manage numerous project changes accurately. As per the study of Löwstedt et al. (2018), the project managers control project environments by developing internal feedback processes. An  agile framework always focuses on the project management quality that helps to eliminate several difficulties arise in the operation of the projects  of the Pan Macmillan .Agile framework always includes student collaboration and that easy develops continuous high quality learning systems. Agile project management approaches are enhancing consumable increments that help to enhance more chances to control natural resources of the specific project. The project management framework is describes the project design and it can easily attract numerous consumers to the Pan Macmillan’s business process.

Agile project management is the interactive approach that helps to manage the software development project. Developing the project scope is a systematic process that helps to control the planning cycles of the project management (Jebrin, 2017). Accurate project management strategy helps to develop project scope or chooses incremental process that helps to enhance more chances to develop the accurate quality of project management. Project management life cycle is initially extended planning for the specific project that helps to enhance product development life cycle. Planning, executing, controlling and closing is the accurate way to develop a project management life cycle and that helps to contain a general; process of developing new techniques for the specific project. Project planning is the accurate way to develop project planning and it also completes the overall project within the timeline. Project initiation is the best way that helps to control and monitor the specific project. Project management lifecycle sometimes describes the accurate design of the project and efficient planning  also required to maintaining project quality. Pan Macmillan is publishing numerous books and several consumers get attracted by the specific factors.

Traditional framework development is the specific approach that refers to the basic growth and development of the project. The traditional framework helps to enhance basic opportunity and of project management and enhances some basic importance enhancing the best way to develop overall project sustainability. The positive changes and demographic components control external environments such as political, economic, and social. As per the opinion of Kivilä et al. (2017), some external factors create a barrier and it also reduces project opportunity in a greater way.  Economical, environmental, and social factors are enhancing demographic components that include advanced development. The traditional framework is the accurate way that helps to increase the social values of the specific project. A traditional framework is improving some basic project techniques and that helps to recognize some basic project ideas to eliminate project difficulties. Understanding the overall requirements of the project helps to reduce numerous difficulties and that helps to improve the basic relationship between the social and the project. Traditional framework of the Pan Macmillan is continuously improving the basic facility and advantages of the business. Project difficulties are sometimes creates a barrier for the future opportunity and efficient planning can be eliminating that kind of difficulties.  

Table 1: Comparison of different framework

(Source: Banihashemi et al. 2017)

An agile framework is a systematic process that helps to meet some basic requirements of the specific project. Agile methodology controls iterative organizational structure and evolutionary model that helps to enhance the future opportunity of the specific project. As per the study of Cooper and Sommer (2018), the project restart cost is low and that helps to eliminate unusual expenses of the project. An agile framework is easily changeable and develops the current requirements of the project, which helps to control rapid changes of the specific project. An agile framework is the best way that helps to enhance project management quality and manages numerous complex situations of the specific project. An agile framework is the different way and that helps to enhance some basic ideas of the project. Agile framework always focused on the basic ideas of the project that helps to enhance the future opportunity of the project. Project opportunities are complicated to understand and that helps to enhance some basic project ideas to develop project strategy. Accurate PMLC is describes the advantages of Pan Macmillan which is the efficient factors of business.

Evaluate, select and justify specific PM methodologies

Project management methodology creates specific guidance for the process and that helps to manage and execute the overall project work. As per the study of Aragonés-Beltrán et al. (2017), project management methodology is potential and that helps to enhance some basic opportunities of the project and numerous managers complete the overall project work within the deadline. Waterfall methodology is the process that refers to a linear life cycle model to understand and use advanced techniques of the project. To control project management techniques is complicated to manage but waterfall methodology focuses on the software developments of the individual project. The waterfall approach is the specific way that helps to increase more chances to enhance the basic requirements of the project (Willumsen et al. 2019). Specific methodology fulfills numerous requirements of the project and that accurately controls the software design of the project. Project planning and controlling is the potential to enhance the basic opportunity of the specific project. Digital implementation can improving future opportunity of teh business, as result Pan Macmillan has decided to launching electronic books to improving seamless experience of the customers.

Waterfall methodology is a systematic procedure and it is easily understood for using these techniques. As per the opinion of Martens and Carvalho (2017), to develop some major advantages of the specific project it is also easy to manage. Waterfall methodology includes implementation, troubleshooting that helps to enhance some basic opportunities of the specific project. Waterfall methodology easily manages deliverable projects and that helps to enhance some basic opportunities to develop the overall process of the project. As per the opinion of Gemünden et al. (2018), accurate project management methodology is sometimes not suitable for the project and the overall requirements of the project do not control project deliverability. Sometimes project controlling is a difficult process and that helps to manage numerous difficulties of the specific project. Sometimes software production helps to manage numerous difficulties and that helps to enhance project qualities accurately.

Project Management Plan

Table 2: Project Management Plan

(Source: Banihashemi et al. 2017)

Developing successful requirements of the project helps to enhance some basic opportunities of the specific project. Most of the project managers are gathering information that helps to enhance more chances to develop the overall requirements of the project. Sometimes project management strategy helps to eliminate numerous project threats and enhance active listening practices to enhance some basic opportunities. As per the opinion of Martens et al. (2019), understanding the basic requirements helps to enhance project quality which is accessible for the project.  Projects managements methodolities are more focus on the most important requirement of the projects. that helps to improve some project ideas. Understanding the project requirements is potential and it also creates time scheduling that helps to enhance some basic opportunities of the project (Kaiya et al. 2020). Understanding the project requirements is useful and it controls stakeholders’ needs or numerous requirements.

Understanding risk management has the potential to eliminate numerous threats of the specific project. Project management planning helps to enhance some basic opportunities of the project and easily identify and rectify numerous business risks of the project. Project management methodology sometimes helps to enhance some project opportunities and that can easily fulfil numerous requirements of the specific project. Requirement collection is a great way to enhance some basic opportunities and that helps to accurately control the overall schedule of the project management. As per the opinion of Bukunova and Bukunov (2020), controlling the project management framework is a difficult factor and that requires some basic knowledge and skills. Accurate project management planning helps to eliminate numerous difficulties and most of the managers are developing future opportunities for the specific project. The project difficulties sometimes reduce the performance level and efficiency level of the project and reduce some project opportunities in different ways. [Referred to appendix 1]

Part 3: Toolset to manage the project

Simplify project planning

Particular tools set up are useful to manage numerous project management activities and that helps to eliminate several difficulties of the project. Accurate tools sometimes enhance some basic ideas and that easily manages and simplifies overall project management work. As per the study of Lu et al. (2019), to accurately control project management work is useful to manage numerous threats and managers are trying to enhance basic opportunities of the specific project. Critical path and method diagrams are described by the MS Project and that helps to recognize numerous future threats of the business. The project management triangle sometimes develops numerous ideas of the project and numerous project managers play a different role in managing project work.

Eliminating project difficulties is potential and that helps to enhance some basic opportunities of the project in the pipeline of the Pan Macmillan. Identify and realised the future threats is more beneficial for the company to recover their inefficiencies and make a proper budget plan for their future projects. To rectify numerous critical paths of the project is useful to manage future difficulties and accurate project management planning can find out project opportunities. As per the opinion of Martens and Carvalho (2017), project ideas and planning are difficult factors to manage and numerous managers are trying to resolve numerous problems of the business. Project management life cycle is a method that helps to enhance the basic opportunity of the project. [Referred to appendix 2]

Project evaluation and management strategy help to find out numerous project opportunities and that helps to create a budget plan for the project. As cited by Martens and Carvalho (2019), project planning and scheduling are the common factors and that helps to reduce some identifying numerous business processes of the specific project. There are four types of project management tools such as time, task, and information process and that helps to enhance some basic ideas of the project. Gantt chart and network diagrams are describes the overall project planning.

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