Project Planning & Integration Management

1.0  Introduction/ Background of Project Planning & Integration Management

Manage your health is a major organization and provides healthcare services around the world. The MYH is among the fortune 500 corporations. Recently the organization has decided to implement new strategies which allow it to address the concerns of the employees and customers more efficiently along with reducing the costs of the organization. The corporation has decided to implement web-based technologies to achieve the desired goals. Therefore the corporation has deiced to launch the Recreation and Wellness Intranet Project.

2.0  Business Objective of Project Planning & Integration Management

The following are the key business objective of the project:

Giving the employee the permission to register for the organization's recreational programs like jogging, soccer, bowling etc.

Allowing employees to get register for the programs which allow employees to reduce weight, stress, stop smoking and other health-related programs.

The project will allow the corporation to monitor the data of the employees who are taking part in various pr

 Giving incentives to employees who become part of the programs (Hornstein, 2015).

3.0 Current Situation and Problem/Opportunity Statement of Project Planning & Integration Management

Manage Your Health is a major corporation who currently wants to enhance its profit by reducing the costs. The corporation is looking for such a project which will allow the organization to reduce its costs and improve the performance of its employees. That is why the organization has decided to launch the Recreation and Wellness Intranet Project. This will allow the organization to save $30 per employee through which the costs of the organizations will reduce significantly.

4.0 Critical Assumption and Constraints of Project Planning & Integration Management

The key constraints/ Assumptions of the project are mentioned below:

The project cost is assumed to be $200,000. The cost of the project may increases if the economic conditions change dramatically.

Any project team member can leave the project, which might cause a problem in delivering the project on time.

The technical issues can arise in the execution phase.

5.0 Analysis of Option and Recommendation of Project Planning & Integration Management

For implementing web-based technologies, the organization will have to recruit technical experts in the project team. Furthermore, the financial analyst must be included who would estimate the cost & benefit of the project. It is recommended that the corporation evaluate all the four project to know about their profitability and overall benefit. The capital budgeting techniques such as NPV, IRR and payback period can be utilized to know the profitability.

6.0 Preliminary Project Requirements of Project Planning & Integration Management

The key requirements of the project are explained below:

Selecting the project manager

Creation of Project Plan

 Preparation of the project Budget

Creation of Project Team

7.0 Budget Estimate and Financial Analysis of Project Planning & Integration Management

The budget of the project is estimated to be $200,000. For evaluating the cost & benefit of the project, the net present value analysis will be performed. The net present value will provide detail information about the project benefit & profitability. The payback period analysis will be performed to know the time period of initial investment recovery. Furthermore, ROI (return on investment) will be computed for having detailed financial analysis. In the Exhibit, the financial analysis of the project is provided (Pandey, 2015).

8.0 Schedule Estimate of Project Planning & Integration Management

The project will be completed in the 6 month period. All the activities of the project will be performed within the 6 month period.

9.0 Potential Risks of Project Planning & Integration Management

There are many risks which should be included while planning the project. The first major risk of the project is that the cost of the project can increase due to the change in prices of the material required in the project. Furthermore, the team members who are working for the project might become unavailable due to any reason. This can cause a problem for the project to deliver on time.

10.0 Exhibits of Project Planning & Integration Management

Project Details:

Project Name:

Recreation and Wellness Intranet Project

Request #:

Date of Request:

Requested By: Project Manager

Request Description:

Due to the unavailability of the technical experts, it has become mandatory to recruit new technical experts for the project.

Reasons for this Change Request:

After the technical expert leaves the project team, the project is experiencing a delay, and if the project did not recruit a new expert in the team, than the project will not be delivered on time.

Options considered to implement the change:

The HR team of the organization will take interview of the candidates who are suitable for the project and then will be recruited in the project team.

Impact of each option (Cost, Scope, Schedule, Quality):

The cost of the project will increase, which will have an impact on the scope of the project. Furthermore, the quality of the project will enhance due to the availability of the experts.

Chosen solution:

Recruitment of the new expert as replacement of the old team member is the solution to the problem.

Approval Signature(s) and Date(s):