Create a time-phased budget

Assignment Help Project Management
Reference no: EM131494087

Task

This assignment follows from the case study used in Assessment. For the same case study, complete the following tasks by creating the following:

1. WBS first using indented format.

2. Gantt chart-Take the WBS you have already developed. Define all of the activities that will be necessary to create each deliverable in your WBS. Create a schedule for your project. First create the schedule by hand using Post-it Notes, and then put the information into MS Project. Take screenshots of the schedule to be pasted in your word document that you are submitting. Be sure to include all of the summary rows (including the first row for the project title) and any key milestones. Make sure the critical path is easy to see.

3. Create a time-phased budget for your example project using bottom-up estimating. To the extent your sponsor will supply rates for workers, use those. Approximate rates for ones you cannot get. Ask your sponsor how they treat indirect costs. Be sure to include direct labour costs for you and your team mates and add 20% for fringe. State all assumptions and constraints you have used when creating your budget. State how confident you are in your estimates and what would make you more confident. Give examples of known knowns and known unknowns on your project. Tell how you have budgeted for both of them plus how you have budgeted for unknown unknowns.

4. Create a risk register ( 4 risks- 3 negative and 1 positive risk)for your example project.

5. Quality Management Plan. It should include:
A short statement that reflects your team's philosophy or objective for ensuring that you deliver a quality system to your client.
Develop and describe 3 quality issues related to this project that your project team could implement to ensure quality
6. Closure checklist and project evaluation.
Develop a closure checklist that the project team will use to ensure that the project has been closed properly.
Develop a project evaluation -outline and discuss how your project's MOV will be evaluated.

Rationale
This assessment task covers topics 5 to 9 and has been designed to ensure that you are engaging with the subject content on a regular basis. More specifically it seeks to assess your ability to:
o demonstrate how a practicing project manager actually applies project management skills,
o methods, techniques and tools ;
o use an industry standard project management software tool (Microsoft Project);
o apply project management skills, methods, techniques and tools to a real world problem typical of a project manager;

Requirements

Students are required to submit the range of documents describing their proposed project solution for the above tasks.
Work Breakdown Structure (WBS)
o The first major section (1.0) should be project management and include the various project management deliverables such as charter, WBS, schedule, progress reports, etc.
o Deliverables should match those in the charter.
o Each item on the WBS should have a unique name. If there is possible confusion between two items add an extra adjective to differentiate them. For example, two items could be "first draft report" and "second draft report."
o Each line should be numbered with major sections being 1.0 then 2.0, etc.
o Each major section should be broken down into between three and twelve subsidiary sections. If further breakdown is needed, more levels should be used.
o All items on WBS are deliverables oriented (they are the "whats" of the project). Activities are defined as an outgrowth of the WBS and will appear in the schedule.
o The WBS can be submitted in free-form, org-chart, or indented-outline format.
o The WBS should appear to be complete with all interim and ending deliverables included.
Schedule / Gantt chart
o The schedule should appear to be complete given the charter and WBS.
o The schedule should appear to be reasonable without requiring heroics to complete on time.
o Include WBS column to left of task name column.
o Include overall project name as top row.
o Have all summaries stated in noun only format (or adjective noun - but on present tense verbs).
o Have all tasks (activities) stated in present tense verb-adjective-noun format.
o Have all milestones stated in noun and past tense verb format.
o All tasks should have dependencies shown - no loose ends.
o Display Gantt portion of schedule as large as possible.
o Show critical path in red (or distinctive hash marks if printer is only black).
o Show arrows with dependencies.
o Include no more than 40 lines per page - ensure it is large enough to read easily.
o Include no more pages than necessary so there is little need to align multiple pages for reading unless it is a large schedule.

Reference no: EM131494087

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Reviews

inf1494087

6/5/2017 5:45:21 AM

I concur that it is pleasant to do an examination extend on a theme of my decision. I couldn't have been more happy with the work I requested..Many to you for helping me alter my assignment paper. thank you once again

inf1494087

6/5/2017 5:43:53 AM

3. so now if you have any query to understand this things please let me know cause only 1 day left for the submission. Hey please understand The first copy you sent me was perfect (STRUCTURED) but some parts were missing i want same structure in my both assignment as the first copy but please sent me both assignment according to their case studies which i already gave you 1 was(ASSIGNMENT 2_DHAMU AND another was ASSIGNMENT 2 _VIVEK) you have to follow this two case studies to make assessment 3 which is the further part of this 2 case studies. SO,i want 2 separate file according to this case study with everything screenshots,references and Grant chart but you have to make it in MS PROJECT not in Excel so i want that file too so i can show it to my lecturer thanks.

inf1494087

6/5/2017 5:43:48 AM

Hii, i can not make payment through card. I have try three different card but it still showing me error. Can u show me any other option for that. Here, i have attached previous assignment for both different files. make sure that both one should be high in quality as well and as per requirement and follow instruction strictly. 23405631_1ASSIGNMENT 2 DHARMAJIT.docx 23405680_2ASSIGNMENT 2 VIVEK.docx I haven't got references on this assignment can u please send me upadated file as soon as possible im sending you again all the detail which i want proper with screenshots,references and MS project file attached not excel file now im sending you again the attachment with the case study which i have made in first part which was my assessment 2 and this one is assessment 3 which is further part of my assignment This file is my assessment 2 file so you have to follow this files case study with the following instruction 23405627_1ASSIGNMENT 2 DHAMU.docx So You Guys have to follow this 2 case studies to make 2 different assignment as per the requirement of Assessment

inf1494087

6/5/2017 5:43:35 AM

I need 2 assignment on same topic but i want some discount in price. Can u make it both in less price. This is a quick reminder of your ITC505 Assessment-3 (Project Management Plan). It worth 25%, and it is due Please note that: - You will need to submit MS Project file as well. Please follow the following instructions that explain how to attach MS project file to your original assignment word document file: 1- In your original word assignment file, click on "Insert" tab, then "Object" button. 2- Choose "Create form file" tab. Tick on "Display as icon", and click on "Browse" button. 3- Browse to find your file, select it and click on "Insert" button, followed by "OK". 4- It is also a good idea to get screen shots of the first 3 tasks from your MS Project file to your word document. also, i'll send previous assignment for idea about this assignment.

len1494087

5/13/2017 1:16:43 AM

All assumptions and constraints you have used when creating your budget stated. Confidence level for estimation stated. Examples of known knowns and known unknowns on your project given with explanation. Budget extracted from MS Project showing overall and breakdown for all summary tasks and resource along with various costs Risk Register ( 20 marks) All values of Risk register are accurate and consistent, all items of the register complete. Risks are relevant to the case study

len1494087

5/13/2017 1:16:37 AM

Criteria Work Breakdown Structure (WBS)- 20 marks Gantt Chart ( 10 marks) HD WBS is structured, having logical and complete coverage for Project Execution and integrated into Project Schedule and Resource Matrix.Gantt Chart ( 10 marks) Gantt chart shows- all activities included, schedule created, summary rows shown, first row shows project title , total duration shown, all necessary milestones shown, critical path shown and easy to see Budget ( 15 marks) Bottom-up estimating done. Direct labour costs for you and your team mates and 20% for fringe included.

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