Using the ten (10) knowledge areas of project management, develop a project plan and explain the details.

You are in charge of the selection and implementation of a new project management software package in your organization.Using the ten (10) knowledge areas of project management, develop a project plan and explain the details.Each knowledge area is :1) Project Integration Management2) Project Scope Management3) Project Time Management4) Project Cost Management5) Project Quality Management6) Project Resources Management7) Project Communications Management8) Project Risk Management9) Project Procurement Management10) Project Stakeholder ManagementProject Integration ManagementA project integration management is required to ensure that all the various elements of projects are properly coordinated or not. It is an art to perform the tasks perfectly.Advantages of Project Integration Management:Resource utilizationCreating project templatesFollowing a basic process to attain the desired goals and objectives of the projectMonitoring and controlling of the project helps to educe the mistakes we doEverything goes in a streamline2. Project Scope Management:A Project scope management is basically a starting step of project planning process, it has triple constraints – planning, controlling and closing.Planning: it defines the work which needs to be done and capture the realityControlling: Documentation and all the utilization of resources can be defined hereClosing: it helps to assess the original outcomes of the projectAdvantages of project scope management:It reduces timeHelps to maintain the work in a stream lineScrutinize the list of problemsProper utilization of resourcesPerforms every task perfectly3. Project Time Management:Time management is the tool, which helps to analyze, measure and access your projects on a timely basis effectively. There are simple 4 step process to keep it effectively.Define the activities – Define the tasks and details of the project so that the project will be fleshed out to perform task on a crystal-clear note.Sequence the activities – To maintain the project details in a logical manner then create sub tasks and make the work easier.Estimate activity resources – Right people at right place with perfect responsibilities can perform every task excellently and add perfection to their work.Develop and control the schedule – project manager tends to follow it, so that even he can get timely updates and can guide their subordinately in a well manner.Advantages of Project time management:Low StressGreat OpportunitiesMore productivityAttain reputationMultitasking4. Project Cost Management:Project cost management always covers the full project that means from the initial planning phase to actual costs attained and the completion of the project. A project can’t be completed without budget and this helps to let a manager know where you have utilized and how much you have utilized. It completely deals with 4 steps – resource planning, cost estimating, budgeting and cost controlling. It is little difficult to understand and perform as it is the key for the project, so every detail should be managed in a proper way.Advantages of Project cost management:Helps to define where and how much you have spentHelps to divide the budget in a well-organized mannerIt creates a sense of accomplishmentAwareness and Planning is highly supportiveHelps to learn what to prioritize5. Project Quality management:Project quality management is a continuous process that starts and ends with a project, it focuses on every minor edge of the project and tends to satisfy everyone because excellent quality leads to better position. It is a repetitive cycle which is followed by every organization.Advantages of project quality management:It Enhances the market imageDefects and wastes can be eliminatedGives a good competition for all the competitorsHigh productivitySupports an innovative process6. Project Resources Management:Project resources management helps to carry out tasks of every project and resources can be storable and non-storable. Resources are like people, equipment, ideology, funds etc.,Advantages of project resources management:Gives good outputWill learn to make the best with available resourcesIncreases the productivityConflicts reductionAutomated planning7. Project Communications Management:Project communications management spend the time mostly in communicating with their team members and with all the notable members both internally and externally. It includes plan communications, report performance, manage the stake holders experience, distribution of information wisely.Advantages of project communications management:Will learn to manage peopleWill tend to gain profitsWill learn to maintain skilled professional relationships with everyoneReduces the disputesPerform the tasks in time8. Project Risk Management:Risk management is used by optional, financial, operational and by every manager risk management is the main task which needs to give guidance for his subordinates. Risk management is the key to success and failure and a manager should know where to take risk and where to ignore.Advantages of project risk management:Communication is elevatedBetter information for decision makingTeam will always have remained focusedLots of challengesEasy to spot the troubles in a project9. Project Procurement Management:project procurement management is a collaboration of many aspects and it is compressed with five step processes – monitoring, planning, initiating, contact writing, closing.Advantages of project procurement management:Analyze the market stabilityTake initiative approaches for something newTimelines to be maintained to achieve the desire goalsEasy to performHelps to gain profits10. Project Stakeholders Management:It Influences the key stake holder’s expectations and requirements, it a stake holder is unhappy, then the projects a failure button so it is very important to keep your stake holder always happy as it plays a very crucial part of the project.Advantages of project stakeholders management:To build better relationshipsProtect your reputationTo Make better decisionsImproved communicationMore Challenges