Project Management for Water Treatment Plant- myassignmenthelp

Question: Discuss about theProject Management for Water Treatment Plant. Answer: Introduction The project management is an important topic for the companies in the world. There are various projects that are undergoing or being finished by various companies in the world. One of the projects has been discussed in this report. The project is related to water treatment plant in America. The Liberty water treatment plant has won the best project award of the year. This report discusses the strategies used in the project management. The portfolio management of the project has been discussed in the report. The sustainability criteria for the business decision-making process has been focused in the report. The social equity, economic efficiency and environmental performance has been discussed in the report. The report outlines the opportunities and threats for the portfolio management process. There are various tools and techniques discussed in the report for mitigating the threats in the process. There are three parts of the report discussed consecutively. The final discussion about the report has been provided to the executive management. Situational Context In this context, the Liberty water treatment plant has been taken as the project. The project was based on wastewater treatment and was the first design built to receive the State Revolving Fund (SRF) financing (Kerzner, 2013). It is the largest infrastructure made on the state and earned a Honor Award for Civil Infrastructure. The project has been a huge success for the company and able to help the society by managing wastewater in the state. The Liberty Company has various projects under this project related to the sanitary division. The Utilities Department of the city has been responsible for the operation and maintenance of the raw water delivery system and providing fresh drinking water to the houses of the state. The audience for the project has been local people of the state and purpose is to providing fresh water to them. The project has provided various benefits to the local people of the Liberty City. The SRF loan has saved taxpayers over the life of the loan. The company has more than 177 miles of sanitary pipeline (Burke, 2013). It is recommended to the company for accessing advanced technology to integrate the system in the water waste management in the project. The use of the advanced technology for the sewage system of the company might be enhanced in the city. The delivery of the fresh water have to be properly maintained. The communication of the project manager with the team members of the project needs to be clear and concise. This might help in maintaining proper understanding with the team members in the project. The priority list of the project needs to be properly maintained and finished within deadline. The time management of the project has to be properly managed by the project manager. Implementation of Portfolio Management The aim of the portfolio management is to accumulate different security assets into portfolio of the company. The objectives of the company are assessed with the help of portfolio management. In this case, the Liberty Water treatment plant has three major steps in their portfolio including asset allocation, shifting in allocated resources and security issues in resources. According to the above discussion, the project has been a huge case in the market. The Liberty Project has helped millions of people in the Liberty City. The delivery of the fresh water to the locality of the city has been improved from earlier. The project has helped in maintaining the wastewater of the city in a fashion. The treatment of the wastewater has been a great success in the Liberty City (Larson Gray, 2013). The schedule for the project has been the main reason for its success. The priority of the tasks according to its importance and deadline has been properly managed by the project manager. The project manager have focused on various activities of the project within time. The check-do-list have helped in maintaining the list of tasks of the project. According to other students review, the communication with the project manager is an important factor that has been the cause of the success of the project (Hill, 2013). A both way communication between the project manager and team members have helped in providing clear understanding to the concept of the project. A proper discussion with the team members have helped in maintaining a good relation with the team members and understanding the feelings and thoughts of team members (Schwalbe, 2015). On the other hand, another student describes that the use of the communication might be vague in nature. The team members are able to maintain their work without any interaction with the project manager. However, this quite difficult for the team members. The use of the strategic plans has helped in providing proper management to the project. A proper project planning helps in maintaining each stages of the project. The project manager, along with the team members have to plan the project timeline for completing the project. The method of noting down the important points related to the project is a necessary habit for the project manager. There might be a case when any important thing might not be remembered. This can cause loss to the project. Therefore, noting down important points in a good habit for a project manager (Fleming Koppelman, 2016). However, other students argued that the use of writing notes might be time taking. The manager needs to remember the things and execute them immediately. This might help in saving time in the project schedule. However, this step might be a high risk factor (Heldman, 2015). The task involved in the project have to be managed within time. This helps in maintaining the time and schedule of the project. The team members have to complete their task within the deadline. This help in completing different task within time. Other students have described about the time management regarding the completion of the task within the deadline (Walker, 2015). The time management quality of the project manager helps in empowering other team members of the project. The paperwork and documentation of the whole project is required for having a proof of the completed task and completion within deadline. The purpose of the project is also written in the documentation of the project. There are various sub-projects under the Liberty water treatment plant. Therefore, keeping a track of all the sub-projects have to be properly maintained. This helps in providing a clear understanding of various aspects of the projects (Leach, 2014). The team members are able to maintain their work without any interaction with the project manager. However, this quite difficult for the team members. The paperwork of the project includes the financial report and budget of the project. A proper use of the budget planning in the project helps in using resources smartly. The budget of the project plays an important role in the success of the project in the company. A low budget project cannot use advanced technology in the project due to bad financial condition. Final Report According to the above discussion about the Liberty project, a general idea about the project management has been obtained. The use of advanced technology in the project have helped in maintaining the time for completion of the projects. There are various tools and techniques of the project management has been described below: Risk Management The risk management in the project plays an important role in identifying the threats and risks involved in the project and implementing project management process. The use of the risk management tool helps in analyzing risks and threats involved in the project (Meng, 2012). There are various risks involved in a project including social factor, environmental factors and technical factors. Therefore, risk management helps in managing the risks and create strategies for minimizing the risks and threats in the project. Work Breakdown Structure The Work Breakdown Structure of a project helps in breaking down large tasks into small tasks. The small tasks are easy to manage and can be completed easily. The work breakdown structure helps in providing deliverables of the projects (Mir Pinnington, 2014). It provides a hierarchical structure of the tasks in the project. The WBS helps in providing accurate and readable data for the success of the project. It also helps in indicating the milestones, cost and risk of the project. Gantt chart The Gantt chart is used to illustrate schedule of the project. The Gantt chart can be created using various software including Microsoft Excel. The project manager helps in creating the Gantt chart for the project. The deadline of various tasks are noted in the Gantt chart in a graph format (Hwang Ng, 2013). This helps in understanding and prioritizing the task according to their deadlines. Score Cards Various scorecards are used by the project manager during the project management. These score cards helps in providing feedback to the team members according to their performance in the project. A good performance of a team member helps in increasing the scorecard. According to me, a project manager is the main part of the project management. The project manager monitors, controls and evaluates the progression of the project and performance of the employees and team members of the project (Kerzner, 2017). The use of the tools and techniques helps in minimizing the complexity of the project. The project management tools helps in maintaining the progress of the project in the company. In the case of the Liberty Water Treatment plant, the project has been successful due to proper installment of the project management process. On the other hand, Turner, (2016) argued that the use of the project management tools might be time taking and wastage. The use of these tools is a waste of money. However, this happens in very rare cases and most of the projects uses project management tools for completing the project. The efficiency of the project is increased with the use of the project management tools. The use of the project management models including W aterfall model and agile model also helps in progressing in the project. References Burke, R. (2013). Project management: planning and control techniques.New Jersey, USA. Fleming, Q. W., Koppelman, J. M. (2016, December). Earned value project management. Project Management Institute. Heldman, K. (2015).PMP project management professional exam deluxe study guide: updated for the 2015 Exam. John Wiley Sons. Hill, G. M. (2013).The complete project management office handbook. CRC Press. Hwang, B. G., Ng, W. J. (2013). Project management knowledge and skills for green construction: Overcoming challenges.International Journal of Project Management,31(2), 272-284. Kerzner, H. (2013).Project management: a systems approach to planning, scheduling, and controlling. John Wiley Sons. Kerzner, H. 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