Hardware Replacement Project
The IT department is implementing a new customer relationship management (CRM) solution to its corporate offices. The hardware that is currently being used is out of date and will not support the CRM application. There are five major variables of project management that relate to the Hardware Replacement Project. These five major variables of project management include: scope, time, cost, quality and risk. I will give a description on how these variables will relate to the hardware replacement project. The considerations that must be applied when selecting projects that deliver the best business value will be evaluated. I will discuss the factors that influence project risk and the strategies that I would recommend for minimizing this project’s risks. The conclusion will identify the best practices for managing the hardware replacement project. Project Management
According to Laudon and Laudon (2009), “Project management activities include planning the work, assessing risk, estimating resources required to accomplish the work, organizing the work, acquiring human and material resources, assigning tasks, directing activities, controlling project execution, reporting progress, and analyzing the results”. There are five major variables of project management that relate to the Hardware Replacement Project. These five major variables of project management include: scope, time, cost, quality and risk. Scope
The scope of a project is made up of what is or what is not included in a project. For the hardware replacement project, the scope of the project might include new computers and networking equipment to help implement and support the new CRM application. Project management defines all the work required to successfully complete a project, and should make sure that the scope of the project does not get bigger than what was first...