The Importance Of Reporting Plan On The Construction Project

Many types of risk are created – risk to the project, to the organization, to the employees involved and to the individuals supporting the change.

Working to understand the risks a project may endure along with the cost associated is critical in every project management plan. Understanding potential risks based on the project type, resources needed, timeline and budget still leaves gaps that creates uncertainty for actually predicating the outcome of the project. There is not a true way to predict when and where a project risk will occur but designing a plan to properly address and manage those risks will increase confidence while eliminating the element of surprise.

It is important with any project to involve the key stakeholders from the very beginning. This will help make the projected project plan as robust as possible and would also help to make the top management team more away of the plan. In order to make an accurate assessment of what is needed to complete this project it is important to identify the key stakeholders. The following people have been identified as the stakeholders.

Identifying risks is an essential component of planning a large project. A thorough risk analysis is necessary to identify potential issues to the endeavor and assess the probability of therisk occurring, along with the impact on the project if the risk occurs (PMI, 2013). A thorough assessment of the impact that the project will have on the organization should be completed to evaluate the risk of the project, in addition to the impact the project will have on the organization. The risk assessment tool used in Appendix C illustrates the impact this expansion project will have to stakeholders and the organization.

Key Performance Indicators (KPI) also known as Key Success Indicator (KSI) is the main metric used to identify if a website goal is being achieved or not. The goals and the key performance indicators work hand in hand, because if there are no precise businesses goals, companies cannot identify what their KPIs are; irrespective of the richness of a metric.

Establish Key Performance Indicator Dashboards: the first step for improving the revenue cycle is to establish the right key performance indicators (KPIs) for each department and track it. A gap between current and targeted outcomes directs an opportunity for development.

Enough information should be provided to give sufficient context. However in the Executive Summary this section can receive less emphasis than it might in the overall report so that more attention can be given to the evaluation purpose, design, limitations, and findings. In the main report it should describe the problem being addressed by the project, and the project logic for why it will lead to better outcomes. This could include a logical framework for the project if one exists, and the development hypothesis, or causal logic, of the project or program of which the project is a part.

KPI: - Key Performance Indicators: the products or services that are used to measure the performance of companies.

This assignment consists of three (4) sections: a written project plan, revised business requirements document, project plan PowerPoint presentation, and a finalized project plan. You must submit the four (4) sections as separate files for the completion of this assignment. Label each file name according to the section of the assignment it is written for. Additionally, you may create and / or assume all necessary assumptions needed for the completion of this assignment.

Key performance Indicators (KPI) are defined by the textbook as “indicators that the Web site’s goals are being met” ("eMarketing: Online Marketing Essentials," 2012, p. 356). While this may sound similar to events, the distinction is important. Events are steps taken towards a goal, while KPIs are the analysis of how these goals are being satisfied. There are many online tools that one may use to evaluate a website using KPIs. Since KPIs involve the analysis of factors that a business may alter to ultimately result in the attainment of their goals, action

The agenda, beginning with day one will include introduction of all members to include the facilitator of our meeting. We will use a facilitator who is not a stakeholder so all participants are on a level playing ground with each other. Next we will confirm the objective of the project which is to draft an action plan to restore the reputation of BP Oil Company as a responsible world leader in the exploration and production of oil and oil products. We will then confirm the scope of the risk process of this work shop to include discussion of the risk management plan to include managing internal and external risk factors. At this point, the project manager will also provide the vision statement to the group to include expectations and anticipated results

In order to gauge the financial ability of the company, some analysis of the company 's financial statements, income statements, balance sheets is conducted. This will report the viability of the projects potential to become profitable for the company and its strategic objective. In addition to current operations, the new project is added and a thorough analysis is done to get the final result to conclude whether or not a decision is needed to be made about the acceptance of the new project. This report is prepared to give important and analytical information with regards to the new project.

During the project planning phase, I can work effectively towards the development of project management subsidiary plans to execute, monitor and control and close projects. I will contribute towards the planning of the scope in assuring that the project includes all the work required and only the work required. I will do this by conducing interviews, focus group, facilitated workshops etc., I can clearly define and document stakeholder needs to meet project objectives that will be

Definition: Metric and non-metric measurements essential to the completion of a company’s strategic objectives. While there are myriads of metrics that a business could monitor to assess their performance, each business narrows the possible list down to a manageable group of KPIs that make the most difference in company performance.

|Evaluate CR |Project personnel review the CR and provide an estimated level of effort to process, and develop a |