NOTE:- PLEASE DO THIS ASSIGNMENT FOR LOLC INSURANCE ORGANIZATION

INCLUDE THIS STRUCTURE GIVEN BELOW

Learning Outcomes and Assessment Criteria

Pass	Merit	Distinction
LO1 Explain the key stages of the project lifecycle that should be considered when project managing		D1 Critically evaluate the project-management process, PMP and research methods for gathering information and data collection.
P1 Explain the stages of the project lifecycle (PLC) and their importance to the success of a project. P2 Examine the factors to be considered when compiling a project management plan (PMP). P3 Examine a range of research methods and strategies and their importance to project management.	M1 Evaluate the stages of the PLC and the factors, (deliverables, quality, risk, communication and resources) to be considered in a PMP. M2 Evaluate a range of research methods and strategies for gathering information and data collection.
LO2 Produce a Project Management Plan (PMP) for a business project using primary and secondary research methods		D2 Justify the choices made in the design of the PMP for completing the aims and objectives of the project.
P4 Produce a PMP that covers, aim, objectives, deliverables, quality, risk, communication resources and research methods. P5 Produce a work breakdown structure and a schedule to provide timeframes and stages for completion.	M3 Produce a detailed PMP, and schedule for monitoring and completing the aims and objectives of the project.
LO3 Implement the Project Management Plan (PMP) to communicate results from the research and make conclusions from the evidence of findings		LO3 and LO4 D3 Critically reflect on the findings from the research and the project management process in supporting stated objectives and own learning.
P6 Conduct a business project as stated within the PMP and communicate findings. P7 Present data to draw valid and meaningful conclusions and recommendations from data analysis.	M4 Justify conclusions and recommendations drawn from data analysis and findings to meet the stated project objectives.
Pass	Merit	Distinction
LO4 Reflect on value gained from implementing the project and the project management process.
P8 Reflect on the value of undertaking the business project to meet stated objectives and own learning and performance.	M5 Evaluate the project management process to meet stated objectives and support own learning and performance.

Scenario

In the long term, businesses need to be prepared to face the unexpected, many fail because they are unable to recover from unexpected events such as political disruption, natural disasters, and pandemics. Business continuity planning allows businesses to maintain or quickly resume functions in the event of a major disruption. Essentially, business continuity is like having a back-up plan those outlines procedures and instructions for staff members in the event of a disaster.

The recent COVID-19 global pandemic dramatically impacted industries across all sectors, inevitably affecting disproportionately those businesses that exist to support social interactions and placing strains on both supply and demand. As the pandemic continues to affect industry: lock-down periods, and international and local restrictions on movement have led to a huge drop in revenues and a situation of emergency due to financial difficulties

Learner requires to conduct a project, based on Addressing business recovery through the lens of a specific industry e.g. hospitality, tourism, retail. It is required for learner to create an appropriate topic and apply necessary project management techniques accordingly.

Section A

Select a Sri Lankan based organization of your choice and identify and examine the key stages of the project lifecycle in managing a project based the chosen topic. The answer should be strengthened by including critical evaluation of project management process, PMP and research methods for gathering information and data collection. Section A should be covering following areas.

Project lifecycle (PLC) and their importance to the success of a project

Factors to be considered when compiling a project management plan Outlining of the objectives and timeframe (Scope, deliverables, quality, risk, communication, and resources)

Range of research methods and strategies and their importance to project management

Section B

You are now required to produce a project management plan for a business project using primary and secondary research methods, implement the prepared project plan and communicate the results from the research. You are further required to provide a clear conclusion based on the evidence of findings and provide evidence of reflection and evaluation of the project management process and individual performance.

During your project management plan and execution, you must ensure the valid justification provided for the choices made in the design of the PMP for achieving the project aims and objectives. You must critically reflect on the findings from the research and the project management process in supporting stated objectives and own learning.

The report should be covered following areas

Develop an appropriate topic based on the given scenario

Devise project aim, objectives, deliverables, quality, risk, communication resources and research methods

Outlining of the objectives and timeframe

Produce a work breakdown structure and Gantt chart as the schedule for monitoring and completing the aims and objectives of the project

Justification on the provided valid and meaningful conclusions and recommendations from data analysis

Personal reflection should be covered by stating the evaluation of project management process to meet stated objectives and support own learning and performance