Reference no: EM133058083

PPMP20010 Executing and Closing Projects - Central Queensland University

Assessment - Project Status Report

1. 1 PROJECT INFORMATION

Project status reporting is the act of collecting, analysing, and distributing project information. Project information is distributed to many groups of stakeholders and should be adapted to provide information at an appropriate level, format, and detail for each type of stakeholder (PMBOK Guide, 2017, Section 10.2.2.5). Project status reports are time-based reports.

Please complete this status report template as of 31st May 2008 for the tasks given in the table below which are related to case study (Queensland health payroll system (2008)).

Gantt chart and costs given in Sections 2 and 3 below are fictitious for assignment purpose ONLY. Please provide your interpretations and commentary based on the calculations using the EVM formulas and the data given in Sections 2 and 3 below. There is need to dig deep into the actual case study to complete this report.

Case Study (Project)
Queensland health payroll system (2008)

1 Project Initiation
1.1 Business case & project procedures
1.2 Business Requirements, technical requirements & solution scope
2 Project realization blueprint
2.1 Project management plan
2.2 Organizational change management
2.3 Develop system environment set-up
3 Execution
3.1 System configuration
3.2 System development
3.3 Integration testing & quality check
4 Final Preparation
4.1 Testing & quality check (i.e. User Acceptance Test)
4.2 Training
5 Go Live & support
5.1 Production support
5.2 Project End
5.3 Project Documentation

2 GANTT CHART

3 VARIANCE ANALYSIS

Calculate Schedule Performance Index (SPI = EV/PV) and Cost Performance Index (CPI = EV/AC) in percentages (%) for each main task and their sub-tasks. Also calculate overall CPI and SPI as of 31st May 2008 and interpret these values in terms of project status (cost-wise and schedule-wise) on 31st May 2008.

Calculate overall SPI & CPI here and comment on the status of the project (cost and schedule wise) as of 31st May 2008. As per the Gantt chart above, add PVs till 31st May 2008 only.

4 ESTIMATE AT COMPLETION

Estimate at Completion (EAC) is the expected total cost of the completing all work expressed as the sum of the actual costs to date and the estimate to complete (see PMBOK 2017 Table 7-1 Page 267).
Calculate EAC and interpret the result in terms of cost-overruns etc. Please mention whether re-baselining of the project is required and the impact on project cost. Provide discussion and support your arguments with evidence from the given data.

5 TO-COMPLETE PERFORMANCE INDEX

TCPI is a measure of cost performance that is required to be achieved with the remaining resources in order to meet specified management goals. TCPI is expressed as a ratio of the cost to finish outstanding work to the remaining budget (see PMBOK 2017 Table 7-13 and section 7.4.2.3).
Calculate TCPI and provide your commentary based on TCPI value.

6 COST SUMMARY

Summarise the impact of the costs on the project tasks and explain if there is a need to re-define the risks (see PMBOK 2017 Chapter 11).

Provide commentary (i.e. over/underbudget) on every task listed in Section 1 above including re-fining any risks (you can make assumptions about the risks related the case study).

7 FORECAST COMPLETION DATE

Even though a more accurate forecast completion date is derived from the updated schedule, the forecast duration could also be derived from the Schedule Performance Index (SPI) and can help forecasts the end date of the project (see AS 4817-2006 pp.13-15 Section 2.3.2).

Calculate the forecast completion date of the case study (project) using the overall SPI calculated in Section 3 above.

State whether re-baselining of the project is required and the impact on the project schedule.

8 MILESTONE REPORT

Milestones are events on a schedule which marks the completion of a key activity (Managing PRINCE2 (2017) Page 113 & 155).

Describe issues (if any) for the cost-overruns and schedule-delays for the tasks listed in Section 1 above and based on the data provided in Section 3 above.

Attachment:- Executing and Closing Projects.rar