Unit 327 - Contribute to running a project

1200 words 5 pages
Outcome 1: Understand how to contribute to agree to a project brief

1.1 Describe the difference between routine work and taking part in a project

Routine work is basically things that you do every day in your job, note the name 'routine', it is what you are contracted to do and what you are used to doing. However when you are taking part in a project there tends to be a time limit and milestones are measured.

1.2 Explain the advantages and disadvantages of using projects and when projects are appropriate

The advantages of using projects are that they can allow you to focus on a certain part of the business, for example my project is to run the ebay store within the company that I am working for. This has allowed me to pay a
…show more content…

1.7 Describe how to estimate types and quantity of resources needed to run a project

In the past around 70% of my time was spent building up the ebay site this is just a rough estimate as I would spend about two hours on general admin work and then the rest of my day (6 hours) on running the project, I now spend about 40% of my time on the project I would say this because I work on all the customer service and then managing stock. There wasnt really any estimation on the quantity of resources needed because they are basically the stock I have on hand which is usually more than enough and will always be there when I need them.

1.8 Describe how to identify project risks and develop contingency plans, if required.

A risk with this project could be supplies and the quantity we have, for example if a supplier promises to send stock that is needed to fulfil an order but then doesnt you should always have a plan b such as having other suppliers on hand or giving them plenty of notice to deliver the goods.

Outcome 2: Understand how to contribute to a project

2.1 Describe the types of information needed to monitor projects and the methods that can be used to give information

On the home page of my ebay summary there is a graph that shows all of the recent activity (how much profit I have made), it is shown in the last 24 hours, 7 days, 30 days and 90

Related

  • Agency Costs and Financial Decision-Making
    2234 words | 9 pages
  • Edible Oil Industry-India
    19331 words | 78 pages
  • Marketing Management 14th Edition Test Bank Kotler Test Bank
    173938 words | 696 pages
  • Igbo Dictionary
    129387 words | 518 pages