oject as a whole. Improper monitoring of this factor can lead to overspending
to the
n of budget to tasks, thus resulting in them being completed inefficiently or to a
budget is an extremely impactful factor that had a strong influence on and
o Swim Run Ride Wear' throughout, however, proper monitoring of this
Overall
ity
'Swi
ted many risks
to be utilised in the most effective way
or allowed fo
important factor as they are key to the completion of tasks. Due to its heavy
necessary resources such as furnishings and fixtures provides large benefits to
luence, having all necessa
wim Run Ride Hav
tle, t
ources are an
ear. Having all necessary resources allows for tasks to be conducted  by
mbers. If resources are not present at the project site when needed or there are too
his can be severely disadvantageous. This can greatly inhibit the project team's
ors then the necessary outcome cannot be reached without consuming more time
ve a large impact on the project as a whole. By monitoring them, the project manager
ect team
many or too
ability to conduct
for the contractors
t their work properly, for example, if the wrong paint or too little paint is provided
e the correct resources. If physical and human resources are monitored properly
trying to procu
hat all the necessary resources are available. In addition, if the project manager does this
the
efore they
ead to over
very beginning of the project, future issues with resources can be identified and corrected
become damaging. Improper monitoring of this factor can be damaging as this can then
or underestimates of the number of resources needed. This can then result in
under
nding or wasting time as project tasks cannot be completed. Overall, resources are an
tful factor that if not monitored properly can lead to a series of risks. This can easily be
avoided through proper monitoring of this factor by the project manager
isational laws pertaining to 'Swim Run Ride Wear' should be properly understood by all
ived with the project as they are very important. It is extremely beneficial to the project that
0
aws such as the Health & Safety Act and those surrounding employment and consumer protection
understood as by ensuring that Health & Safety laws are met, the safety of the project team can
ssured, minimising any delays due to team shortages. Following consumer protection laws are
also beneficial as if the business is able to build a clean image prior to largescale launch. If the
project manager doesn't consider these laws, stakeholders can be put in danger legally which would
not only halt the completion of the project, but would also have a negative effect on commitment
requires the use of contractors. By monitoring these private contractors and their work, issues
Incorrect monitoring or a lack there of will have a long term impact on the project as stakeholders
nd morale. Properly monitoring this factor is largely impactful on the 'Swim Run Ride Wear' project
ith health and safety can be identified and rectified before anyone is hurt or becomes legally li
will become legally liable, or hurt. This would most likely result in the project being cancelled
Overall, a proper understanding of the organisational laws surrounding the 'Swim Run Ride Wear
project is extremely impactful as improper monitoring can be highly detrimental financially, legally
and ethically, greatly impacting the reputation and operating ability of the business in the long term
The aims and objectives are a key factor to the success of the 'Swim Run Ride Wear project and as
such must be known and understood by all stakeholders. It is beneficial to the project that all
takeholders are aware of the aims and objectives set out as this then allows for them to work
towards a common outcome with a clear vision as to what they need to achieve. If the aims and
objectives aren't understood by the project team, many issues can arise such as conflicting views as
to how to go about conducting the project, unclear aims or a lack of drive to complete the project a
the outcome isn't understood. Ensuring that this factor is properly monitored is largely impactful on
project.
By doing this, the project team can be made clear on what they are working towards