PROJECT REFLECTION 1
Our project entailed designing and building an online store for Urban Fashion, which is a small chain of clothing stores across Australia. Apart from providing detailed product reviews, the online store would incorporate other features such as payment options, product search, shopping cart, and security. Undertaking the project helped me to understand the importance of project management. The project seemed hard at the beginning, but with organization and planning, the process was simplified and completed with ease. Essentially, project management helps to manage risk, change, and promote product quality (Kerzner 2013).
Within my team, I was tasked with the responsibility of budgeting for the project. In my view, budgeting is the most important activity in the project planning process. By putting in enough time in the budgeting process, I was able to ensure that the project went on without hitches. However, the budgeting process is not an entirely easy process. It requires one to estimate costs with a high level of precision. Estimation is made difficult by the fact that one has to work with assumptions. It is also important for one to conduct a risk analysis to avoid surprises and to ensure that the project team continues to have resources even when things do not go as planned.
What I liked about the project was the ability to use Cloud computing as a utility in the budgeting process. The key advantage of using the Cloud is that the project team is able to focus on its core activity. By outsourcing information technology services and infrastructure, the project team is not only able to save money, but is also assured of the best IT tools (Low et al. 2011). Project management software is an example of an IT tool that project teams can use in planning, managing, and executing critical aspects such as scheduling and budgeting. The use of information technology is also important as it enhances communication.
Kerzner, H.R., 2013. Project management: a systems approach to planning, scheduling, and controlling. John Wiley & Sons.
Low, C., Chen, Y. and Wu, M., 2011. Understanding the determinants of cloud computing adoption. Industrial management & data systems, 111(7), pp.1006-1023.