Week 6 (2 February – 6 February)

Economy crisis
Our company faces economy crisis and having financial problem. The solution that takes by our company to solve the problem is by reducing the staff. This solution seen working and make sure the budget not overrun and customer requirement can be full –filled for the project.

Stages in Software Project Management
Meeting was held. A discussion was held among the team leader and members. The discussion was about stages in software project management to be implemented during the development of project.

1. Initiation
Focus on determination scope and nature of project.
Content of cohesive plan:
· Study analyzing the business needs in measurable goals.
· Review of the current operations.
· Conceptual design of product.
· Budget.
· Stakeholder analysis, including users, and support personnel for the project.
· Project charter including costs, tasks, deliverables, and schedule.

2. Planning and design
The results of the design stage should include a product designs that:
· Prototype.
· Satisfies the project sponsor, end user, and business requirements.
· Functions as it was intended.
· Within quality standards.
· Within time and budget constraints.

3. Executing
Executing consists of the processes used to complete the work defined in the project management plan.

4. Monitoring and controlling
Monitoring and Controlling consists of those processes performed to observe project execution. Monitoring and Controlling includes:
· Measuring the ongoing project activities.
· Monitoring the project variables (cost, effort, etc) against the project management - plan and the project performance.
· Identify corrective actions to properly address issues and risks.

5. Closing
Close project and Contract closure.