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One

The most important roles and responsibilities of the project manager on this project during the Implementation phase include Tracking down the project’s progress. This requires the project manager to note how the progress is going on and note improvements, shortcomings, and redundancies. The activities illustrated above essentially allow the project to follow set courses with the stakeholders aware of their responsibilities therein. The project manager also ought to be actively involved in seeking errors in the ERP resource and recommending preliminary solutions and coordinating the resources involved in the project. Error occurrence is common in projects as there may be discrepancies between what was initially envisioned for a project versus the occurrences in actualization. For instance, planning could have factored stability in funding, but financial hitches occurred in the actualization phase. This should be focused on reducing wastage and adhering to the principles of resource optimization. The principles of resource optimization require project managers to ensure that the maximum possible resources are used while cutting down on redundancies or wastages.

 

Four

Closing the project has some pros, including saving the company money as new projects’ development requires substantial volumes of monies. Closing a project, therefore, isolates a company or parties involved in actualizing a project of financial responsibilities. Some projects do not have definite results. As such, they could either be profitable to a company after actualization or lead to losses. Closing a project, therefore, helps companies in particularly avoiding future losses given that in most cases, when projects fail to deliver on their expectations, they require high remediation costs. Also, closing the project would help shift the resources initially scheduled for the project to other areas. As such, the management could channel the resources to other areas that they feel would create more value. However, there exist some Cons of closing the project. There is the probability of Future reduced support as the management could be cautious of promoting future projects. Resources redundancy and lack of motivation among the workers initially shortlisted for the project are also likely to occur.

On Fixing, problems there exist some pros, including Bolstering creativity among stakeholders as they seek to streamline the project. Fixing the project would also encourage the stakeholders to note down the issues and address them in future projects. Cons include increased costs and a lack of motivation for the parties involved.

 

5.

To close the project prematurely, I would draw up checklists from all departments involved in the project and secondly List all materials in each department and their intended use for the project. Afterward, I would List all materials in each department and what service they should be of in the organization and Classify assets into either reusable, sellable, or disposable. The last step would be the Implementation of the three listed actions.

 

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