Assessment Answers | Project Management of LT Fitness: PROJ586

Assessment Answers | Project Management of LT Fitness: PROJ586

Running head: LT FITNESS
Project Management- LT fitness
Name of the student:
Name of the university:
1 LT FITNESS
Upgraded Gantt chart for the pr …

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Running head: LT FITNESS
Project Management- LT fitness
Name of the student:
Name of the university:
1 LT FITNESS
Upgraded Gantt chart for the project
WBS Task Name Duration Start Finish
0 LT fitness project 36 mons Wed
15/12/21
Mon
16/09/24
1 Initiation and planning 2.5 mons Wed
15/12/21
Mon
21/02/22
1.1 Initiate the project 4wks Wed
15/12/21 Tue 11/01/22
1.2 Establish project plan 6wks Wed
12/01/22
Mon
21/02/22
1.3 Initiation and planning completed 0wk Mon
21/02/22
Mon
21/02/22
2 Design and development 9mons Tue
22/02/22
Mon
31/10/22
2.1 Design distribution 3wks Tue 01/03/22 Mon
21/03/22
2.2 Design Approval Completion 15 wks Tue 22/02/22 Mon
06/06/22
2.3 Desktop and Mobile App 12 wks Tue 22/03/22 Mon
13/06/22
2.4 Fitness band 16 wks Tue 22/03/22 Mon
11/07/22
2.5 7D VR projector 20 wks Tue 14/06/22 Mon
31/10/22
2.6 Design and development completed 0wk Mon
31/10/22
Mon
31/10/22
3 Production and prototypes 13.13
mons
Tue
01/11/22
Thu
02/11/23
3.1 Additional ring network to act as firewall 2.5 wks Tue 01/11/22 Thu
17/11/22
3.2 2A Programming through external
consultant 1wk Thu
17/11/22
Thu
24/11/22
3.3 Prototype distribution 6wks Thu
24/11/22
Thu
05/01/23
3.4 Fully gathered and functioning prototypes 8wks Thu
05/01/23
Thu
02/03/23
3.5 Fitness band 15.5 wks Thu
02/03/23
Mon
19/06/23
3.6 7D VR projector 18 wks Thu
02/03/23
Thu
06/07/23
3.7 Test end 16 wks Tue 20/06/23 Mon
09/10/23
3.8 Analysis of Hardware and Software 17 wks Thu
06/07/23
Thu
02/11/23
3.9 Prototype distribution completed 0wk Thu Thu
2 LT FITNESS
02/11/23 02/11/23
4 Testing 11 mons Tue
10/10/23
Mon
12/08/24
4.1 Testing Trial 1 12 wks Tue 10/10/23 Mon
01/01/24
4.2 System difficult discovery and optimization 16 wks Thu
02/11/23
Thu
22/02/24
4.3 Final authorization for mass construction 12 wks Tue 02/01/24 Mon
25/03/24
4.4 Construction for fitness bands 20 wks Tue 26/03/24 Mon
12/08/24
4.5 Testing completed 0wk Mon
12/08/24
Mon
12/08/24
5 Closing 1.25 mons Tue
13/08/24
Mon
16/09/24
5.1 Finish the launch of Desktop and mobile
application 3wks Tue 13/08/24 Mon
02/09/24
5.2 Project delivery 2wks Tue 03/09/24 Mon
16/09/24
5.3 Delivery 0wk Mon
16/09/24
Mon
16/09/24
3 LT FITNESS
Figure 1: Updated Gantt chart
(Source: created by author)
4 LT FITNESS
Critical path
Figure 2: Critical path for the project
(Source: created by author)
Upgrade of the cost baseline
The updated cost baseline for LT fitness is prepared and presented in the below
section-
WBS Task Name Cost
0 LT fitness project 115,500.00 €
1 Initiation and planning 2,900.00 €
1.1 Initiate the project 1,650.00 €
5 LT FITNESS
1.2 Establish project plan 1,250.00 €
1.3 Initiation and planning completed 0.00 €
2 Design and development 30,800.00 €
2.1 Design distribution 4,150.00 €
2.2 Design Approval Completion 6,500.00 €
2.3 Desktop and Mobile App 9,000.00 €
2.4 Fitness band 9,500.00 €
2.5 7D VR projector 1,650.00 €
2.6 Design and development completed 0.00 €
3 Production and prototypes 54,500.00 €
3.1 Additional ring network to act as firewall 2,000.00 €
3.2 2A Programming through external consultant 3,500.00 €
3.3 Prototype disribution 6,500.00 €
3.4 Fully gathered and functioning prototypes 7,000.00 €
3.5 Fitness band 8,500.00 €
3.6 7D VR projector 8,000.00 €
3.7 Test end 9,600.00 €
3.8 Analysis of Hardware and Software 9,400.00 €
3.9 Prototype distribution completed 0.00 €
4 Testing 16,950.00 €
4.1 Testing Trial 1 5,000.00 €
4.2 System difficult discovery and optimization 1,450.00 €
4.3 Final authorization for mass construction 4,500.00 €
4.4 Construction for fitness bands 6,000.00 €
4.5 Testing completed 0.00 €
5 Closing 10,350.00 €
5.1 Finish the launch of Desktop and mobile application 9,000.00 €
5.2 Project delivery 1,350.00 €
5.3 Delivery 0.00 €
6 LT FITNESS
Figure 3: Cash flow report for the project
(Source: created by author)
7 LT FITNESS
Bibliography
Armenia, S., Dangelico, R. M., Nonino, F., & Pompei, A. (2019). Sustainable project
management: A conceptualization-oriented review and a framework proposal for
future studies. Sustainability ,11 (9), 2664.
Evdokimov, I. V., Tsarev, R. Y., Yamskikh, T. N., & Pupkov, A. N. (2018, September).
Using PERT and Gantt charts for planning software projects on the basis of
distributed digital ecosystems. In Journal of Physics: Conference Series (Vol. 1074,
No. 1, p. 012127). IOP Publishing.
Kolesnikov, O. E., Lukianov, D. V., Sherstyuk, O. I., & Kolesnikova, K. V. (2019). Project
manager job description as one of project management key success factors. Herald of
advanced information technology ,(2, no 3), 215-228.
Tereso, A., Ribeiro, P., Fernandes, G., Loureiro, I., & Ferreira, M. (2019). Project
management practices in private organizations. Project Management Journal ,50 (1),
6-22.

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