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Question: Discuss About The Management Estimation Key Success Factors? Answer: Introducation For this project each of the team members played a role in the realization of the project. My main area of interest is in project scheduling. As such, I played a vital role in coming up with the overall project work breakdown structure and the projects Gantt chart. In coming up with the activities to be included in the WBS, all team members played a part as analysis of the case study was done in a group setting. My main area was to structure the activities to form the actionable work breakdown structure and translate it to a project schedule by use of Microsoft Project software. Apart from the assigned tasks, I went ahead to assist other group members in brainstorming and ensuring that their solutions and my solutions were in correction to ensure a smooth flow of the project. Role Played Deliverable Name Description Purpose Estimated time Case Study Analysis This task was played by each team member in a group setting. The role here was to analyze the case study, outline the identified activities, and brainstorm on the priority of each task, while identifying tasks that can be carried out concurrently. The purpose was to have a starting document on which all team members could start working from. Developing an outline of activities and sharing out roles for the project The task took 1 days and was comprehensively addressed, thus no more time is required for the task. Work Breakdown Structure This deliverable entailed creating a work breakdown structure. My task was to organize the group in order to analyze the case study, brainstorm and list activities that must be carried out to successfully complete the project. After enlisting the activities, the role of arranging the activities, and creating a work breakdown structure was on me. The purpose of creating a work breakdown structure was to aid in understanding the entire project activities, their relationships and interdependence (Mohamad, 2015). The work break down structure would then be used by a different team member to allocate resources. The estimated elapse time on this activity is about 7 days and will require some 7 more days, as the task is passed to other team members, who may realize or suggest addition of other tasks within the structure. Project Schedule The role entails translating the work breakdown structure to a project schedule, by including estimated time for each task [which is to be done by a different team member], and resources allocation to task that have to be generated by a different team member. My role here is to compile the activities from the work breakdown structure, and the estimated time for tasks, as well as resource allocation, into a project schedule by use of Microsoft project. The result of this task will be the generation of a Gant Chart for the project. The purpose of the schedule is to act as a blueprint to guide the project team in the implementation planning and implementation. The schedule also Estimate elapsed time on the project is about 7 days and some 14 more days required, as I wait for parts of other team members such as resource allocation and estimated time for each task, before we compile the entire project in a Microsoft Project Gantt Chart Assignment Lessons Learned Report 1. What did you understand as the success criteria of the assignment? For the project the success criteria is fully dependent on proper planning; proper scheduling and proper resource allocation. Planning, especially proper scheduling of tasks and resources is critical in realizing the project. Secondly planning for the unknown risks is critical for a project (Baxter, 2014). Risk identification and putting in place possible mitigation strategies is critical to the success of the project. 2. Reflect on whether or not you met the assignment success criteria. I am certain that we met the success criteria for the assignment. The group is very cohesive and everyone played a part in the project, resulting in a project that is likely to be completed on time and without any problems. This is because as a group, we took care and extra effort to plan the project, identify risks and put in place risk mitigation strategies. We also developed a comprehensive project monitoring plan, and how to react to changes in the project 3. In terms of managing a project through this assignment, what were the main lessons you learned? I learnt that managing a project requires that one first invest much time in planning and secondly continuously monitor the project is critical as unknown events may affect the delivery of the project, rendering the plans null and void (Mir and Pennington, 2014). Secondly I have learnt that the project team is very vital for the project and understanding their needs is important. 4. From a project management perspective, describe one example of what went right on this assignment. One thing that went right for the project is bringing every stakeholder onboard, by making them understand the goal and vision of the project from the start. 5. From a project management perspective, describe one example of what went wrong on this assignment. What went wrong was failing to adequately plan for the financial implication of risks in the project. This may affect the project delivery in case any of the identified risks arises as the project goes on. Peer Review of Assignment Each team member played a critical role in this assignment. As such, I would give each team member equal share of contributions to the project. The only issue that emerged was on agreeing on the tasks to be carried out for the project. Whereas some members felt that some tasks were not necessary, others felt that anything could not be left out on assumption that they were not critical. This issue was resolved by analyzing the importance of each activity and deciding on its inclusion depending on its importance in the project. References Baxter, K., 2014. 1.3 Project Management and Estimation Are Key Success Factors.Software Project Effort Estimation, p.5. Mohamad, N., 2015.Development of Cost Driven Work Breakdown Structure for Project Monitoring and Controlling(Doctoral dissertation, Universiti Teknologi Malaysia). Mir, F.A. and Pinnington, A.H., 2014. Exploring the value of project management: linking project management performance and project success.International journal of project management,32(2), pp.202-217.