Reference no: EM132490453 , Length: word count:500

SBM1201 Project Scope, Time and Cost Management - Asia Pacific International College

Assessment : Reflective Learning Journal

In this assignment (Reflective Learning Journal) you are required to think deeply and write about your learning experience and the topic (s) content you have learned over the past weeks.

You are required to write two reflective journal entries one about your learning experience and the topic (s) you learned in (Week 6 and Week 7) that is Reflective Journal (A) and it is due on Sunday of Week 7, and one about your learning experience and the topic (s) you learned in (Week 8 and Week

9) that is Reflective Journal (B) and it is due on Sunday of Week 9.

You required to write 400-500 words to describe your learning experience. You can use the following questions to guide your writing entry:
• What did I read for this topic, apart from the notes? (Include information and references from a range of sources)
• What was the most interesting thing I read for this topic - why was that?
• What material didn't I find interesting - why was that?
• What did I previously think was true, but now know to be wrong?
• What did we not cover that I expected we should?
• What have I changed my mind about as a result of this topic?
• What is one thing I learned in this topic that I may be able to use in future?
• What am I still unsure about? What would I like to learn more about?
• What issues(s) interested me and would I like to study in more detail?
• What are my ideas for action, based on this topic?

Assessment 2: Critical review and evaluation of literature on selected topic

Assessment Details:
This assessment requires student to (a) review the most recent literature (last five years) on one of three project knowledge areas (Scope OR Schedule OR Cost) (b) critically evaluate contemporary topic of the selected knowledge area of project scope, schedule or cost management and discuss its application in a project environment along with its impact on project success and managerial decisions.

1. Abstract
2. Introduction
3. The body
4. Conclusion
5. List of references (use Harvard Style)

Assessment 3: Applied Project and Presentation slides- Project management plan for Project Scope, Schedule and Cost

Assessment Details:
This assessment is designed to assess your technical skills in planning and communicating a project effectively. You required to work individually, select a project case (either from the provided links to the real-life projects or a project case from an organisation of your selection). The project should be in final stage of initial process, with either a signed off project charter or in the stage of getting the approval of the project charter.

You are required to write a report of scope management plan, schedule management plan and cost management plan. This report should include an introduction to the project case, a stakeholders' register, a brief project charter, project Scope management that includes: project justification, in- scope and out-of-scope, constraints, Limits, assumptions, technical requirements, statement of work (SOW) and priority matrix (use the provided template). WBS structure (minimum of three levels), WBS dictionary, work packages and linking WBS to OBS, scope verification and validation methods, scope change control, and designing the change control boards (CCB) and roles and responsibilities. You are required to continue working with your group on the selected project and develop and write a schedule management plan that includes processes, tools and techniques to be used and documents 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), estimates of activity duration (basics of estimation, durations, resources estimation and allocation), roles and responsibilities in scheduling, and monitoring and controlling schedule (EVA relevant to project schedule) Just provide a description of the methods and tools.

Since we are moving to online teaching and you don't have access to MS Project at APIC Lab, you are required to develop schedule plan, and develop schedule baseline using the Technique of Gantt Chart you learned in class, and to develop resources plan (resource sheet and allocation for each activity) using tables and figures by using MS Word. 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. This all can be done in MS word.

You will also need to write power point presentation slides of your project management plan (scope, schedule and cost).

For successful completion of this assessment, you require to study the material provided (lecture slides, tutorials, and reading materials), engage in the unit's activities, and in the discussion forums. The prescribed textbook is the main reference along with the recommended reading material. You are expected to discuss your work with the lecturer and to seek support.

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