As you can see from this example for this particular project, the transition is not as important as saving money, even though for another project it would be different. With this in mind and after conducting your own research on the matter, complete the following:

• Construct a table identifying seven project criteria and rating weight.
• Explain your rationale for the weight assigned to each criterion.

Asssignment 2

I

The next step is to develop the project’s statement of work. This is a written statement confirming what the project will produce and the terms and condition under which the project team will perform the work. After this, we create a work breakdown structure, which is an organized, detailed, and hierarchical representation of all work to be performed in a project

With this in mind and after conducting your own research on the matter, complete the following:

• Develop a Statement of Work for your project
• Create a corresponding Work Breakdown Structure

II

It is time now to assess the project’s risks. These items that could cause the project to not go as planned. Once we have determined these items, we can begin to allocate resources and create a budget. The allocation of resources involves both human and non-human. The resources are anything that you will need for the project including time. Your budget will be the projected expenditure for each line item based on the total amount of dollars that you allocate (since money is also resource).

With this in mind and after conducting your own research on the matter, complete the following:

• Assess and identify two possible risks derived from your project.
• Identify the various resources needed for your project (these can be grouped or individually presented).
• Create a budget for your project.

III

Now that we have the structure and the resources allocated, it is time to create the schedule. There are various methods to this, but in essence, it is the assignment of resources to time. We have linked our resources to our finances in our budget and now (before implementation), we assign our resources time. Then, we determine a sequence of events with clear annotations regarding what resource comes before the other thus creating a timeline of events.

With this in mind and after conducting research on scheduling, develop a schedule of events and resources for this project.

IV

We are almost ready to put our plan into action. Before we implement this plan, we must have a means to evaluate its progress and success as well as maintaining control of the progress. We also need to have a termination strategy in place, so that we know how we will close the project and determine its success.

With this in mind, combine your project into one cohesive and flowing document including the following:

• Create your evaluation criteria for this project.
• Develop two control methods used to remain on task
• Describe your termination strategy (what will you do to properly close the project and how will you do it).