Question

Principles of Project Management [Unit 7- Scope Planning] Book- contemporary Project Management 4th Edition

CASE: Peter's Company R&D Project

Case Study on Research and Development (R&D) Projects (100 points)

The case study below offers an excellent perspective on how projects are often initiated under less than ideal circumstances—which often lays the ground work for project failure.

Companies that provide a service for another company usually respond to a bid document from a company that needs help. This case study is a good example of this situation. The bid document can be as simple as an email from the buyer to the seller or as complicated as a request for proposal (RFP) outlining the objectives of the project and asking a seller to develop a proposal that provides a solution.

Each company (seller and buyer) will have a business case for doing the project. The Peter’s Company is outsourcing for a reason. The Corwin Corporation is taking on the project for a different set of reasons. One of the reasons the Corwin Corporation is taking on the work is the looming, potentially very lucrative production contract if they are successful. There are no guarantees in research and development project that there will be success.

Question- (20 points)–

Prepare a requirements management plan (RMP) that addresses the five components described in Section 5.1.3.2, PMBOK 6e. The plan should be at least 3 but not exceed 4 pages and does not need to conform to APA guidelines (except for citing and referencing sources). Some things to think about – how is the role of the in-house rep dealt with in the RMP as it relates to activities for planning, tracking and reporting requirements?

Configuration management is not just about software and versioning. What processes will be used for configuration management activities as they relate to changes in the product requirements? How and who will authorize/approve changes? The traceability structure should be tailored to the type of project and should ensure that each requirement adds business value.

Components:

- How requirements activities will be planned, tracked, and reported

- Configuration management activities such as: how changes will be initiated, how impacts will be analyzed, how they will be tracked, traced, and reported, as well as the authorization levels required to approve these changes.

- Requirements prioritization process

- Metrics that will be used and the rationale for using them

- Tracebeability structure that reflects the requirement attributes captured on the traceability matrix.

Update: What do you mean by Project Management Question? I have posted full case study question above.

Answer 1

1. For the project planning, execution, tracking and report, the best and widely followed technique is th GAINT CHART method. This chart captures all the required information of the project, allocation of job responsibility, time for each activity and reporting matrix as well.

2. Configuration Management :- All the activities under configuration management is done by the planning and project management team. The requirements such as when to change, how to change, impact, etc are monitered and reported by the execution team. The tracing, and reporting formats could be as a mail, daily report, etc over a excel sheet or any other programme as developed by the project team.

3. Requirement Prioritization Proess : is the process to reduce the risk element in the project, More important / high risk requirements are implemented first.Other factors considered are the cost and value of the requirement. The ownership of the generation of requirements and its implementation is on the project manager.

4. Different operational proessess would have different matrix requirements. Gaint chart is widely used to plan and execute a project, software programs are used to develop and moniter projects, The tools might differ depending on the stage of the project as well.

5. Tracebility structure and matrix : Cycle time; process time; handover time; and using varioues methods to trace the progress of the project. The tools are developed internally or stand formats could be used to trace the structure and progress of the project.

Note :- This is an incomplete question. There is no case study and its a very generalized brief of what is required. Some insight on the components has been shared above for the benefit of the readers.