Page 16 - DCAP304_DCAP515_SOFTWARE_PROJECT_MANAGEMENT

Software Project Management

Notes

8. Organizational and Resource Planning: Based on the actions identified, schedule and
budget allocation resource types and resources are acknowledged. One of the primary
goals of Resource planning is to ensure that the project is run proficiently. This can only be
achieved by keeping all the project resources fully utilized as possible. The success depends
on the correctness in predicting the resource demands that will be placed on the project.
Resource planning is an iterative process and essential to optimize the use of resources
throughout the project life cycle thus making the project execution more competent. There
are various types of resources — Equipment, Personnel, Facilities, Money, etc.

9. Risk Management Planning: Risk Management is a procedure of identifying, analyzing
and responding to a risk. Based on the Risk factors Identified a Risk resolution Plan is
formed. The plan analysis each of the risk factors and their impact on the project. The
probable responses for each of them can be planned. All through the lifetime of the project
these risk factors are monitored and acted upon as essential.
10. Project Plan Development and Execution: Project Plan Development employs the inputs
collected from all the other planning processes such as Scope definition, Activity
identification, Activity sequencing, Quality Management Planning, etc. A complete Work
Break down structure including of all the activities acknowledged is used. The tasks are
scheduled based on the inputs captured in the steps formerly described. The Project Plan
documents all the assumptions, activities, schedule, timelines and drives the project. Each
of the Project tasks and activities are occasionally monitored. The team and the stakeholders
are well-versed of the progress. This serves as an outstanding communication mechanism.
Any delays are analyzed and the project plan may be adjusted consequently.
11. Performance Reporting: As explained above the progress of each of the tasks/activities
illustrated in the Project plan is monitored. The progress is compared with the schedule
and timelines documented in the Project Plan. Different techniques are used to measure
and report the project performance such as EVM (Earned Value Management). A broad

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