Hidden Safe Project Management

Developing Project Plan4

Background4

Current Process5

Overview of the Project6

Objectives6

General Approach7

Constraints7

Developing the Work Breakdown Structure8

Work Breakdown Outline9

Components of the Project9

Resource needs for the project12

Relationships between the Project Components and the People12

Responsibility Matrix13

Project Risk Assessment14

Risk Analysis14

Incomplete project plan14

Conflicts between team members14

Losing vision of project objectives15

Errors in estimation15

Non-capability of team members15

Requirements overload16

Low Productivity during Early Stages16

Strategies for Reducing Risk16

Risk Matrices18

Risk Assessment Form18

Impact Scale19

Risk Severity Matrix19

Developing the Project Schedule21

Project Schedule21

Activity Precedence Diagram (Gantt)22

Milestones23

Discussion of Critical Path w/ Visual Supporting Documentation23

Diagrammatic Structure of Critical Path25

Managing Project's Resources26

Resource Allocation26

Resolved Resource Conflicts26

Developing the Cost Estimates & Budget28

Earned Value Analysis28

Conclusions29

Works Cited30

Hidden Safe Project Management

Developing Project Plan

Background

The United Safe and Security Inc. has been operating for over two decades and providing high-quality safe products to individual customers and companies in order to protect their valuable assets. The company started its operation by manufacturing small safes for keeping cash and jewelry of household customers. Since then, by performing a number of strategic acquisitions, product diversification and consistent reinvestment in the business, United Safe and Security Inc. has evolved from a manufacturer of small safes into a broad-based security and asset protection company with different kinds of products and services offering to the customers. Each product of the company is made after using the most advance and innovative product development technology that is accessible. The products of the company are designed in such a way that is easy to install and use whereas they help customers to enhance their options of defense. The main driving force of the company for making innovation in their products is that these products are useful for the families as well as management of offices that they can become more prepared for uncertain times. The headquarters of United Safe and Security Inc. is located in Shenandoah Valley of Virginia and products are supplied in 12 different States of the USA. The founder of the company is Mr. John Carlisle who had obtained degree in Industrial Design before launching this company and it is because of his immense efforts that company has been able to supply its products in different States of the USA. The main competitors of the company in the industry of safe are: “9g Products, Adesco Safe, Allied Fire & Security, and Arrow”. All these competitors are striving hard to capture each other's market share however, United Safe and Security Inc. is performing well financially as compared to its competitors.

Current Process

The current process of United Safe and Security Inc. is related to its new product Hidden Safe which is a hidden safe behind a mirror or frame and making of this product is based on a number of steps through which company makes sure to provide enhanced quality to the customers and at the same time making good revenues as well. The management of the company makes sure that all the process are properly managed and connected with each other so that deficiencies in the overall process can be improved. In addition, efforts have been made in each process so that it ...