Highlights
Introduction
Project management is the art of executing the project within an allocated budget and given time frame. Apart from this, at the end of a project, the final variance is expected to be low comparatively. In this context, it can be stated that communication with the stakeholders associated with the project can be considered as an important parameter. This is mainly because the final decisions impending the project are expected to be carried out based on communication. Project reports can be considered as a means that can be used for communication. This study would be analyzing the project Reports contents based in refurbishment of a beach house based project.
Part 1: Theoretical Justification
WBS
In a project, the entire endeavor for the project is expected to be broken down in a series of Iterative activities. The main reason is that this makes it easy for the project manager to manage the proceedings of a project. Therefore, Kerzner (2019) had commented that WBS helps in providing the means that project managers can use in order to ease out the project management processes accordingly. From this discussion, it can be inferred that WBS helps the managers to plan the project management process more efficiently and effectively. One of the most important features of WBS is that it enables the management in tracking down the progress of a project as an Ideal WBS should have its limits clearly defined within a project. However, prior to preparing a WBS, the scope of the project is expected to be defined accordingly. This would further help in preparing a detailed WBS for a project.
RACI Chart
Identifying the stakeholders and assigning those proper roles and responsibilities can be considered as an important aspect of the project management process. Therefore, certain tools have been observed to be implemented by the project planners to identify roles and responsibilities of a team mate. As commented by Oprins et al. (2019), it can be stated that RACI matrix can be edified to be a tool that can be used to manage the proceeding of a project. This works by identifying the potential stakeholders for the project and assigning them their roles and responsibilities accordingly. In simple terms, RACI matrix provides a visual inspection of the role that each teammate plays while the project is still in progress accordingly. However, based on the views of Trad and Kalpi? (2019), RACI matrix cannot be considered as a replacement for a project management plan. From this discussion, it can be inferred that the management of the project would also have to identify the major tasks within a project in order to prepare a RACI matrix.
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