Speaker Notes. Case Study Example
Slide 4: The work breakdown structure (WBS) of the company is divided into three different phases. The work breakdown structure of all of these seminar based activity is mentioned in the points.
Slide 6: Stakeholders are extremely important for the sake of an organization, as far as retaining their position in the industry for a long span of time. Stakeholders usually bifurcated into two different categorizes known as Internal Stakeholders and External Stakeholders (Baguley, 2008). The company is also intending to operate with both internal and external stakeholders. The Internal Stakeholders of the company are the employees and the upper management of the company, which are providing facilities from the premises of the company. On the other hand, there are some external stakeholders as well that available for the company as well. Major stakeholders that found in this project are financial donors, grain farmers, grain consumers and the Government of Texas.
Slide 8: The communication plans helps to represent the communicational strategy of the project. It identifies the stakeholders of the project along with the audience of the information. It shows the frequency of the communication along with the method in which the communication is carried (Deeprose, 2002). It also presents the key person responsible for the communciation.
Slide 9: The project which has been selected for the same aspects have number of business risks associated with it, however it is required to pen down only three of them which mostly suited the organization and the line of their business (Heerkens, 2002). Along with the risk and the competition the project also provides some benefits that are also has been discussed in points.
Slide 10: After acquiring enough capital, the initiation and the completion of this project is expected to take duration of 12 months. The table A shows the expected timeline. The establishment of a project requires enough capital to finance all the costs of equipment, raw materials, and labour (Kerzner, 2001). The table B exhibits the budget and shows how the capital will be spent for implementing the project.
Slide 11: The projects depends upon the key success criteria of the plans (Mehta, 2007). With fulfillment of the key criteria a project cannot get success in long run. Some of the key success criteria are presented here to assess the dependencies of the project.
Slide 12 : Project planning helps the planner to learn the process of identifying the real problem and the origin of the issues. It teaches the project managers to set realistic time frames and aligning the task in appropriate way for better outcome. It makes the project planner look beyond the actual situation and assess the risk that may occur in the future. It teaches to manage the expectation of the stakeholders and meet the objective of the project.
Slide 13: The recommendation are provided to avoid problems that may occur in the similar type of project carried on in the future (Patel, 2008). This helps the project managers to plan the project in a better way to reduce the risk occurrence in the future.
Slide 14: After the initiative and planning of the project, comes the process of executing the project, monitoring and controlling, and closing the project. A project does not ends with the planning and execution of the project. It is important to monitor and control the project for better outcome and success of the project.