Develop time and cost management plan on olympics 2020

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Reference no: EM132293523 , Length: word count:3000

Project Scope, Time and Cost Management

Project - Develop time and cost management plan on olympics 2020.

Assessment Details:

Continue working on the selected project case, this assessment is designed to assess your technical skills in planning and communicating a project effectively.

You required to continue working with your group on the selected project and develop and write schedule management plan that includes identify processes, tools and techniques to be used and document to be developed as per your client's requirements, define activities (activity list, proper activity logic, activities identification), milestones list, activities sequence, relationships (F_S, S_S, S_F, F_F), Lags, leading times, project network and critical path(s), estimating activity duration (basics of estimation, durations, resources estimation and allocation), identifying roles and responsibilities in scheduling, and monitoring and controlling schedule (EVA relevant to project schedule) Just description of the methods and tools.

Using your MS project skills, you are required to develop MS project report of schedule plan, and resources plan (sheet and allocation for each activity) and develop schedule baseline. You also require to develop and write project cost management plan that includes: plan cost management (identify processes, tools and techniques to be used and project documents to be developed as per your client's requirements), define cost elements (labour, material, variable cost), identify types of cost (direct, indirect, fixed, variable), determine the estimating method (s): (top-down, bottom-up), use estimating techniques (analogous, parametric, three-point method) to estimate budget (creation): establish time-phased budget, provide a discussion on monitoring and controlling cost (EVA relevant to project cost including forecasting and variances), and establish a cost baseline.

For successful completion of this assessment, you should meet with your group regularly (at least once a week face to face or via Zoom meeting). you require to study the material provided (lecture slides, tutorials, and reading materials), engage in the unit's activities, and in the discussion forums.

Groups expected to discuss their work with lecturer and to seek support. In completing this assessment successfully, you will be able to effectively to write and communicate project scope and schedule plan.

Attachment:- Project Scope - Time and Cost Management.rar

Reference no: EM132293523

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Reviews

len2293523

4/25/2019 10:43:55 PM

Develop time and cost management plan on olympics 2020. The file name with Olympics 2020 is the first part of the assignment in which we developed scope and time management.

len2293523

4/25/2019 10:36:43 PM

Presentation Skills Oral communication skills in project environment (15 mark) Presentation Skills Oral communication skills in project environment (15 mark)

len2293523

4/25/2019 10:36:32 PM

Content Understanding of the selected project case and of the project scope components. (40 mark) Has excellent skills in developing project scope statement. The presentation was a concise summary of the selected project. All questions answered. Comprehensive and complete coverage of information.

len2293523

4/25/2019 10:36:20 PM

Comprehension General knowledge of the selected project case (15 marks)Extensive comprehension knowledge of topic. Members showed complete understanding of the sleeted project and project scope statement. Accurately answered all questions posed.

len2293523

4/25/2019 10:36:10 PM

Marking Criteria Visual Appeal Presentation slides clarity, grammar, spelling and engaging (15 marks)Excellent (85-100%) of the criterion mark Has excellent skills in communicating (writing) in project environment There are no errors in spelling, grammar and punctuation. Information is clear and concise on each slide. Excellent visually appeal that is engaging

len2293523

4/25/2019 10:35:56 PM

In this assignment, students are required to present their selected case project. Students need to justify why they have selected this project. Other relevant information about the case project such as assumptions and constraints, project objectives, stakeholders, scope, major deadlines, budget, risks, team members and their roles and responsibilities along with task schedule should also be presented. Students required to present their Scope statement using the template provided and discussed during the lecture and the tutorial session.

len2293523

4/25/2019 10:35:26 PM

Assessment Task Weighting Due Length ULO Assessment 1: Presentation (group) Present the selected real- life project case (Project background and scope statement) 10% Week 3 15 mins ULO-1 Assessment 2: Unit Project- Part A (group) Select a real-life project and develop a scope management plan 20% Week 7 2000 words ULO-1 Assessment 3: Unit Project-Part B (Group) For the selected real-life project in assessment 2, develop schedule and cost management plans. 30% Week 10 3000 words ULO-1 ULO-3 ULO-4 Assessment 4: Final Exam assesses skills in practical application of CPM, PERT and EVA 40% Week 14 120 min ULO-1 ULO-2 ULO-3

len2293523

4/25/2019 10:35:02 PM

MS project report of the cost table EVA report (charts and tables) (20 marks) Has excellent knowledge and skills of developing a project schedule and cost management plan and developing project progress reports (EVA, forecasting and variances) via MS project

len2293523

4/25/2019 10:34:48 PM

Project Cost Management (35 marks) Plan cost management (identify processes, tools and techniques to be used and project documents to be developed as per your client’s requirements) Cost elements (labour, material, variable cost) Types of cost (direct, indirect, fixed, variable) Estimating method (s): top-down, bottom-up Estimating techniques (analogous, parametric, three- point method) Contingencies and management reserves Budget (creation): time-phased budget Monitoring and Controlling Cost (EVA relevant to project cost including forecasting and variances) only description Cost baseline Has excellent knowledge and skills of developing a project cost management plan, including all project cost management processes from planning cost management, identifying cost types, applying estimating methods, creating cost baseline and using tools ad techniques for monitoring and controlling project cost

len2293523

4/25/2019 10:34:24 PM

Project Schedule (35 marks) Plan schedule management (identify processes, tools and techniques to be used and document to be developed as per your client’s requirements) Define activities (activity list, proper activity logic, activities identification) Milestones list Activities Sequence Relationships (F_S, S_S, S_F, F_F) Lags, leading times Project network and critical path(s) Estimating activity duration (basics of estimation, durations, resources estimation and allocation) Roles and responsibilities in scheduling Monitoring and Controlling Schule (EVA relevant to project schedule) Just description of the methods and tools Schedule baseline Has excellent knowledge and skills of developing a project schedule management plan, including all project schedule management processes from the plan, to identify activities, estimate durations, setting up their sequences, building network, assigning resources, defining roles and responsibilities and in monitoring and controlling project schedule

len2293523

4/25/2019 10:34:15 PM

Word count / Time provided: 3000 words Weighting: 30% Unit Learning Outcomes: ULO-1, ULO-2, ULO-3, ULO-4 Marking Criteria written communication skills (10 marks) Organising Grammar Spelling Clarity Format Using of charts and graphs as per project management best practices Excellent (85-100%) of the criterion mark Has excellent skills in communicating (writing) in project environment

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