Project Management Technique For Wal-Mart †MyAssignmenthelp.com

Question: Discuss about the Project Management Technique For Wal-Mart. Answer: Introduction The project that is selected for the application of theproject management technique in this report is that of the development of the website for the Wal-Mart in their business that would be helping them to support the administration and the support of their talent resources. The Wal-Mart is American multinational companies that are famous for their retail business. They run large number of departments and also run a large number of warehouse stores. The company has over 200 million employees employed for their departments and also is one of the largest retailers of the world. The report is concerned with the stakeholders and the details of the stakeholders that are related to the project and are also associated with the project. Stakeholder Analysis For the analysis of the stakeholders to be done at first the identification of the stakeholders are to be done. The stakeholders list: INTERNAL EXTERNAL Affected by the Project Process Owner of the organization The project Manager of the project The employees involved in the project Project team Staffs of the company The software providers The domain providers The third party company Competitors Affected by the Project Result The workers of the company The sponsors of the company The human resource department of the company The stakeholder identification and the prioritization matrix: STAKEHOLDER: Owner STAKEHOLDER: Human Resource Department STAKEHOLDER: Project Manager STAKEHOLDER: Employees What is important to this Stake Holder The owner of the company has the most important requirement for this project. The project would help the owner of the company to manage the resources that are in place for the organization and ultimately help them to increase the efficiency of the company and reduce the cost for the company. The human resource would also feel the project to be of utmost importance for them as this would help them in managing the human resources of the company quite well. The project manager would be playing a very important role in the project as he would be working as the leader of the project. The employees are one of the most important stakeholders for this project as they would be interested in the appraisal and the evaluation from the websites. Power The owner of the company has the most power for the company and also has the ultimate say on the project. (10) The power of the human resource department would not be much but they would be the ones that would be affected by the implementation of the website.(5) The power of the project manager would be quite high but his power would not be the highest though. (8) The power of the employees would be the least for the project. (5) Interest The owner has the most interest on the project as the project would directly affect the business of the owner. (10) The interest of the human resource department would also be very high. (8) The interest of the project manager would be quite high but not same as that of the owner or the HR department. (7) The interest of the employees would be very high for the project. (10) Influence The owner would have a very small influence on the overall project but he would be having the ultimate say on the project. (5) The human resource department would not have much of an influence on the project. (5) The project manager would be having the most influence on the project and would be having the direct influence on the project. (10) The influence of the employees on the project would be low comparatively. (5) Impact The owner would be impacting on the project as he would be one taking ht e most important decisions in the project. (7) The impact of the human resource department on the project would be quite low. (5) The impact of the project manager on the project would be quite high. (8) The employees would be having a the most impact on the project as they would be responsible for the completion of the project on time and with the allotted budget.(10) Urgency The owner would be having the maximum urgency as the completion of the project would enable the owner to profit from the project. (8) Although, the urgency would not be as high as the owners but they would be having a high rate of urgency for the project to be completed. (8) The project manager would be having the equal amount of influence on the project as that of the owner and the HR department. (8) The urgency of the employees would also be the most for the project. (10) Legitimacy The owner is the most legitimate stakeholder in the project. (10) The legitimacy of the human resource department would be quite high. (7) The legitimacy for the project manager would be quite high on the project. (8) The employees would be having a variable legitimacy for the project. (5) Total 50 33 49 45 Priority: Although the owner would not have the maximum priority but he would be having sufficient amount of priority. The HR department has a high priority but not has high as the rest The project manager is second in the list of priorities. The priority of the employees for the project is also quite high for the project. The alternate breaks for the project stakeholder matrix are provided below: SATKEHOLDER INTEREST IN PROJECT PRIORITY SUPPORT/MIGRATION STRATEGIES Staffs of the company High interest Key Supports the project team The sponsors for the project High interest Key Provides the fund for the project. The software providers Low interest Other Provide the software support for the project The domain providers Low interest Other The domain providers would be provide the domain services for the project. The third party vendors Low interest Other The third party vendors would aid the project externally. Project decision making guide Project Method When The Decision of the Sponsor The sponsor decides the project is viable for funding or not. The Decision of the Owner The owner takes the important decisions for the project. The Decision of the Project Manager The project manger will take the immediate decisions for the project. The decisions of the employees The technicians would be taking the important decisions regarding the technicalities in the project. Stakeholder engagement assessment matrix Stakeholder engagement assessment matrix Stakeholders Unaware Resistance Neutral Supportive Leading Project manager C D Sponsor C D CEO C D Owner C D Communication Matrix Project communication plan Purpose Structure Methods Timing Discussing Project goal The existing organizational structure Meeting Conferences Email Weekly basis Setting of direction organizational structure Meeting Daily Cost management organizational structure Meeting Weekly Benefits of the project organizational structure Meeting Weekly Change management organizational structure Meeting Monthly Project meeting agenda Project team: Please fill Date: Please fill Time: Please fill Place: Please fill Purpose of the project documentation: The purpose for the discussion of the project is about the implementation of the website for the company so that they can evaluate the performances of the employees and can easily keep track of them. Topic for discussion: The discussions would be about the domain requirements of the website that is required by the company. Review agenda: The website that is to be implemented is to be reviewed. Summary: After the meeting was conducted the decision about the resource provider and the resource provider were discussed in the meeting and the providers were decided upon after the meeting. Meeting evaluation: The meeting would be conducted in the presences of the chairman headed by the CEO of the company. Issue to be discussed in the meeting Plus (+) Delta () The benefits of the website would be discussed. There are requirements for the expenses regarding the maintenance of the website. The benefits of the evaluation system would also be discussed. The evaluation system might also hamper the mentality of the company. Bibliography Fleming, Q.W. and Koppelman, J.M., 2016, December. Earned value project management. Project Management Institute. 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