Evaluate critically the method of project evaluation

Assignment Help Project Management
Reference no: EM131304312

Introduction
Work as team to plan for a real project/simulation project. You can choose any domain (IT, product design & development, construction, event management, etc...)

Requirements:

  • Project background/objective: provides a high level overview/description of the project and what is included in this project management plan
  • Explain and evaluate critically the method of project evaluation and selection
  • Create communication plan
  • Prepare statement of work (scope statement)
  • Prepare a Work Breakdown Structure (WBS) for the project. Ideally this should contain about 20 activities so that your work is neither too trivial nor too tedious. Create the responsibility matrix.
  • Prepare for the duration of the project. Identify the critical path, create network diagram and Gantt chart, and identify activities that can be delayed with affecting the entire project duration.
  • Explain and evaluate critically a method for producing an estimate of the cost element shown in your breakdown structure (WBS). Generate a cost for each element in the WBS.
  • Prepare risk management plan for the project.

Submissions:

1. Project Plan Report:

  • Cover page includes title of the project, and team members names and IDs
  • 1 ½ spaced and free of typographical errors
  • Font types: Times New Roman, Font size : 12
  • Well-arranged Appendices and References at the end of the report (if any).

 

Reference no: EM131304312

Questions Cloud

Write the cost-benefit analysis and briefly describe : Make a list of all monetary costs that will be incurred upon implementation and throughout the life of the project. These include start-up fees, licenses, production materials, payroll expenses, user acceptance processes, training, and travel expe..
Identify two health care product advertisements : Identify two health care product advertisements from radio, television, newspaper, magazines, or social media. Possible products could include blood pressure cuffs, blood glucose meters, and food diary apps.
What are financial intermediaries : What are economies of scale? What role do economies of scale play in helping financial intermediaries to reduce transactions costs?
Find the values of the average waiting time : Find the values of the average waiting time Wq , average time in the system W , mean queue length Lq , and mean number in the system L.
Evaluate critically the method of project evaluation : Provide a high level overview of the project and what is included in this project management plan.- Explain and evaluate critically the method of project evaluation and selection.
How does each contribute to making information asymmetric : What is the difference between moral hazard and adverse selection? How does each contribute to making information asymmetric?
Can leaders really motivate employees : Discuss about the topic:Can Leaders Really Motivate Employees.In Detail.Every person needs motivation at work. The reasons for working vary widely, but we all work because we obtain something that we need from work.
What is the average number of customers in the fitting room : What is the average number of customers in the fitting room.- how much time should a customer expect to spend in the fitting room.
What is the securities and exchange commission : What is the Securities and Exchange Commission (SEC)? Why was it founded? What effect has the SEC had on the level of asymmetric information in the U.S. financial system?

Reviews

Write a Review

Project Management Questions & Answers

  Create a project schedule and align resources

Create a project schedule and align resources, Analyze project schedule and resource allocation

  Managerial roles and gap analysis

Write a report on Managerial Roles and Gap Analysis

  Questionaire on project management

Questionaire on Project Management

  Describe the market growth rate for product

Describe the market growth rate for product and service.

  Prepare a work plan and project schedule - gantt chart

Design an online system for the human resources department to manage available job positions.

  Project risk management approach

How does a project risk management approach pro-vide an early warning signal for impending problems or issues

  Black-scholes options pricing model

Calculate the payoff and the profits for investments

  Describe the features or characteristics of product

Describe the features or characteristics of your product or service.

  Write paper on inventory management system

Write paper on Inventory Management System.

  Analysis of the overall project risk

Analysis of the overall project risk

  Investment and performance analysis

Evaluate the usefulness of ROCE

  Distribution strategy and project management

Distribution strategy and project management

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd