In our previous article on Project Management, we discussed about few qualities that a project manager should have. The reason behind writing articles on project management is, to provide best Project Management homework help to students. They can directly come to our blogs and get useful information.
This article will talk about various scopes of project management, and also about our Work Breakdown Structure assignment help. Moreover, the concept of Time , Scope and Money are also covered in this article. Let’s begin.
Concepts associated with Project Management Homework Help
First question that should be answered before the beginning of any project is its Scopes. Once we start with the project, all the team members including project manager should be aware of the project scope. Below information will surely serve as Project Management Homework Help.
We have two primary distinct scopes in project management:
First scope is the Project Scope
This scope answers the “how” part of any project, i.e. steps that should be followed for the timely completion of the project without exceeding the allocated budget.
Second Scope is the Product Scope
This scope is much wider than the previous scope. This scope in project management deals with the product functionality.
This is not the end of the scope. We always have extension in the scope throughout the project life cycle. This unwanted extension of the scope is known as scope creep and we have to make sure that there should not be any scope increment, which initially was not the part of original scope. Let’s now learn about our work breakdown structure assignment help online.
Work Breakdown Structure (WBS) Assignment Help
A work breakdown structure in project management is a hierarchical decomposition of a project into smaller components. A WBS also provides the necessary framework for detailed cost estimating and control along with providing guidance for schedule development and control. Once the Scope is defined, all the activities are decomposed into the smaller task where each activity serves a goal.
The basic principle, which is the foundation of Work breakdown structure, is 100% rule. According to this rule all the activities that are supposed to be carried out in the project development phase should cover each and every aspect of the project like internal work, external work etc.
We understand that the concept of WBS is not that easy to understand and you may get stuck while preparing your assignments. This is where Allassignmenthelp.com comes in. Our expert writers prepare an outstanding Work Breakdown structure, which helps students’ to score well. Our Project management homework help includes detailed structures and discussions. Let’s learn about 3 major constraints in Project management which our experts cover in assignments.
Three major constraints in Project Management
Let us now discuss the three major constraints which should be covered in project management homework help online. These three constitutes the three sides of project management triangle assignment help. Time, Cost and Scope are three major constraints in project management. All these constraints have dependency on one another. Changing any one will lead to change in the other two. Detailed explanation of the three constraints is given below:
Every project has to be delivered before the deadline. If we fail to meet the deadline then it is definitely an expense to the organisation. Project manager employs various techniques to ensure the timely completion of the project. Work breakdown Structure (WBS) is one of the primary techniques in which all the tasks are broken down into small entities and individual work effort is estimated. Then all the estimations merge together in the final delivery.
Cost impacts the project directly. If we do not have an efficient mechanism in place , we end up spending too much on the project. There is a predefined cost involved in a project life cycle process so; we cannot afford to spend more on any project until other constraints have changed.
Methodologies used to estimate accurate cost are:
- Analogous estimation: Cost of a similar project is used as a benchmark to calculate the cost of the current project.
- Vendor bid analysis in project management cost constraint estimation: We take the bidding amount of various vendors for a project and average them out to arrive at the estimated cost for the project completion.
Scope is the sum of the services, products and results . This is one of the most important aspect of the project. We need to ensure that we are not building things that are not in our scope of delivery. In larger projects the quality of the project is impacted hugely and it is directly proportional to the effort put in by the team to develop the project. So we should ensure that time is not wasted on unimportant requirements.