Explain the project management processes

Assignment Help Other Subject
Reference no: EM132370338 , Length: word count:3000

Leading Lean Projects Assignment -

Case: Implementing lean project management to build your dream home.

Introduction - You have taken up a new job in Perth, Western Australia. Both your partner and you are very keen on wanting to build your own home. You come across the Keystart initiative by the government of Western Australia and have found out that you and your partner are eligible to apply. You have decided to submit an application, but will have to do the following:

Identify the suburb you want to build and decide the land size you want to buy (this will depend on the budget you are willing to spend on the land)

Research the market and identify potential home builders who will construct your dream home.

Finalise the layout /design and agree on the cost to build the house with the chosen builder

Enter into a deal

  • Sign a land contract with the land developer - you will need to pay a deposit of AUD$2000
  • Sign a Pre-Work Construction (PWC) contract with the builder - you need to pay a deposit of AUD$2000 (in both contracts you have inserted the following clause: Deposit to be returned to client (in full) in the event of failure to obtain finance approval).

Finally, you are now ready to submit an application to Keystart (can be done through the builder) to obtain finance to build your dream home.

The above activities can be efficiently managed through key project management processes. Where possible, you can also aim to implement lean project management principles to successfully manage the above activities.

Tasks - Answer the following questions:

1. Select and explain the project management processes (either from PMBOK or PRINCE2 or a combination of any best practices you have learned in this unit) that can help you:

a. Choose the suburb and decide the land size.

b. Chose the best builder.

c. Identify the stakeholders for the project.

2. What are the factors that will influence the design and layout of your dream home? Explain the project management processes you used to determine the design/layout.

3. Explain how you would implement lean best practices to achieve lean project management for (1) and (2) above.

Attachment:- Leading Lean Projects Assignment File.rar

Reference no: EM132370338

Questions Cloud

Fund the expected growth : What amount of additional funds (AFN) will Worldwide Widget Manufacturing, Inc., need from external sources to fund the expected growth? What does the AFN show?
Discuss the team dynamics for highly effective : Discuss the team dynamics for a highly effective or ineffective team of which you were a member. Can you explain why the team performed so well or so poorly?
The significance of information systems security policies : Explain the significance of information systems security policies and challenges and issues associated with ineffective or nonexistent policies in organization
IT Ethics and Responsible Conduct : Recently, a US Circuit Court upheld the enforceability of Website Terms of Service (ToS), even though the user did not have to click-through to agree.
Explain the project management processes : PPMP20009 Leading Lean Projects Assignment, Central Queensland University, Australia. Explain the project management processes
Precise description of complexities in policy-making : Discuss three competencies required by a policy informatics analyst. Give a brief, precise description of complexities in policy-making.
How to improve the companys financial performance : Prepare a monthly operating budget for the first quarter with the following schedules. How to improve the companys financial performance.
What is the operating cash flow : Hailey, Inc., has sales of $19,750, costs of $9,280, depreciation expense of $1,950, and interest expense of $1,440. Assume the tax rate is 30 percent.
Security transport professionals incorporated : INFORMATION GOVERNANCE SEMESTER PROJECT - PHASE I Introduction to the Company: Security Transport Professionals Incorporated (STP),

Reviews

len2370338

9/13/2019 2:31:01 AM

Length: 2500 – 3000 words (excluding references and appendix). Marking Criteria: Your assignment will be assessed on the extent and quality to which it meets each of the following criteria: 1 Correct project management processes are selected and explained in detail for the following: a) Choosing the suburb, b) Deciding the land size to buy, c) Choosing the best builder and d) Identify the stakeholders for the project. 2 a) Factors that will influence the design and layout of your dream home are thoroughly discussed b) Project management processes that are used for 2(a) are explained in detail. 3. Detailed explanations are provided to achieve lean project management for this initiative. 4. Clarity of expression, grammar, spelling and correct APA style referencing.

len2370338

9/13/2019 2:30:55 AM

This assessment item involves researching your assigned topic to enhance your understanding of lean project management concepts and utilisation of academic literature. Whilst you use the recommended textbooks and lecture materials, you may also refer to relevant peer reviewed, academic journal articles. A reference list formatted in the prescribed APA style is compulsory. Produce your answers for the case in question. DO NOT write about the theory or explain what PMBOK, PRINCE2, DMAIC methodology, etc covers. That will not attract any marks. You should demonstrate the application of the best practices not the theory. Discuss with your lecturer / tutor if you need help.

len2370338

9/13/2019 2:30:49 AM

Word count limit (excluding references and appendix). Your submission should be made using a Microsoft WORD document of 2,500 - 3,000 words. Text length less than 2500 words will be penalised by 5% of the total available marks while text beyond the 3000 word limit will attract a penalty as follows: 3001 - 3300 words: 5 marks, 3301 - 3600 words: 10 marks and more than 3601 words: 15 marks. Late penalty. Late submissions will attract penalties at 5% for each calendar day or part thereof that it is late of the total available mark for the individual assessment item. This means that, for an assessment worth 40 marks, the mark that you earn is reduced by 2 marks each calendar day that the assessment is late (including part-days and weekends). See s4.58 in the Assessment Policy and Procedure (Higher Education Coursework).

len2370338

9/13/2019 2:30:43 AM

Check with marking criteria. Before submitting your assignment you should check it against the assessment criteria and the marking rubric included in this specification to ensure that you have satisfactorily addressed all the criteria that will be used to mark your assignment. Complete and correct submission. Assignments, once submitted, are FINAL and therefore cannot be modified. Students bear all the onus to ensure that their submissions are correct (correct files in correct format) and complete before submitting to Moodle.

Write a Review

Other Subject Questions & Answers

  Cross-cultural opportunities and conflicts in canada

Short Paper on Cross-cultural Opportunities and Conflicts in Canada.

  Sociology theory questions

Sociology are very fundamental in nature. Role strain and role constraint speak about the duties and responsibilities of the roles of people in society or in a group. A short theory about Darwin and Moths is also answered.

  A book review on unfaithful angels

This review will help the reader understand the social work profession through different concepts giving the glimpse of why the social work profession might have drifted away from its original purpose of serving the poor.

  Disorder paper: schizophrenia

Schizophrenia does not really have just one single cause. It is a possibility that this disorder could be inherited but not all doctors are sure.

  Individual assignment: two models handout and rubric

Individual Assignment : Two Models Handout and Rubric,    This paper will allow you to understand and evaluate two vastly different organizational models and to effectively communicate their differences.

  Developing strategic intent for toyota

The following report includes the description about the organization, its strategies, industry analysis in which it operates and its position in the industry.

  Gasoline powered passenger vehicles

In this study, we examine how gasoline price volatility and income of the consumers impacts consumer's demand for gasoline.

  An aspect of poverty in canada

Economics thesis undergrad 4th year paper to write. it should be about 22 pages in length, literature review, economic analysis and then data or cost benefit analysis.

  Ngn customer satisfaction qos indicator for 3g services

The paper aims to highlight the global trends in countries and regions where 3G has already been introduced and propose an implementation plan to the telecom operators of developing countries.

  Prepare a power point presentation

Prepare the power point presentation for the case: Santa Fe Independent School District

  Information literacy is important in this environment

Information literacy is critically important in this contemporary environment

  Associative property of multiplication

Write a definition for associative property of multiplication.

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