ITP-7 - Project Execution, Tracking, and Changes (Individual project) (PMBOK XXXXXXXXXX, 4) Addresses Course Outcomes #1d, 1d, and 6g Concentrate especially on the ITP consolidated project plan....

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ITP-7 - Project Execution, Tracking, and Changes (Individual project) (PMBOK 3.5-3.6, 4) Addresses Course Outcomes #1d, 1d, and 6g Concentrate especially on the ITP consolidated project plan. before you do anything else, do these things: 1. Make all needed corrections or updates to the schedule and resources. It is important to start from a correct baseline. 2. Then, speaking of baselines, before you do anything else, save a baselined project schedule, or update the baseline if you had already saved one. If you have not previously prepared a Change Management Plan (e.g., as part of the overall project plan), then develop and submit one now, and submit in MS Word format. Instructions for the Change Management Plan are below…A Sample Change Management Plan has been provided under Content, Week 8, Activities, ITP-7 – Project Execution, Tracking, and Changes. 1. Required Changes Finally (the important part), make the following changes in your current project schedule (not the baselined schedule) and update your MS Project (.mpp). Use the Tracking Gantt Chart feature to compare the original, baselined schedule with the current, changed schedule. The changes to the project are as follows; make the appropriate changes to your current schedule: 1. The project is half way finished (by calendar time). Set the status date ("update" date) to reflect this. Update the actuals to reflect this. Assume that all tasks are on schedule and on budget except as noted here: 2. The equipment (hardware, servers, networking gear, etc.) delivery from the vendor was late and took (or will take) twice as long as expected. In most cases (depending on how you implemented the equipment delivery task), this means that its duration is doubled. Its cost is unchanged. If your project scenario does not include equipment purchase or delivery, then please contact the instructor immediately and we'll work out an alternative. 3. The software (of all kinds) will cost twice as much as expected. It seems that in the time since the project was planned, the vendor(s) came out with a new release that cost significantly more than the previous version, and are no longer selling or supporting the previous version. It will be delivered on schedule, however. 4. The construction expansion effort has been impacted by a disastrous storm which has had the ripple effect of a one month delay in the construction start date. This will impact your ability to install the IT system on time. If your WBS includes construction tasks for cable installation or a server closet, for example, these tasks will be delayed. Note: If your project scenario does not include construction-related tasks, then apply this change to installation tasks (i.e., all installation tasks delayed 1 month and installation costs doubled). If your project scenario includes neither construction nor installation tasks, then please contact the instructor immediately and we'll work out an alternative. 5. Ripple effects: Besides the obvious, what else might need to be changed as a result of these events? Address these changes in a short Word document. 6. Make the appropriate changes to the project schedule and budget. 7. Important: If the above changes do not make sense within the scenario or nature of your project, then contact the professor immediately for further instructions. 8. Document your changes for submission below. For instance, if there was no software (item 3, above), then what did you change instead to simulate a similar change? What were the ripple effects (item 5, above) that the changes triggered? And so forth. 9. If the changes take you over budget or past the target completion date then in the narrative questions (see below), discuss what you would do to remediate this. However, do not make any changes to the .mpp to effect these remediations. (This is quite enough work already without adding that in also.) 2. Assignment for the ITP-7 Project Deliverable This assignment has 3 parts: Part 1: A Change Management Plan (CMP), in MS Word format. See textbook, PMI.org, the LEO classroom, and other professional PM Web sites for details; use an Internet search if necessary. Unlike the risk register, the CMP is not a list of changes and their status and handling. Rather, the change management plan is what it sounds like: a plan for how the project intends to manage any changes that may occur. The CMP should include at least the following: · Methodology, strategy, and tools for handling changes · Roles and responsibilities for change management · Organization for change management (CCB, etc.) · Change process (flowchart and/or description) · Budget for change handling process. This is not the cost of implementing the changes listed in the "1. Required Changes" section above, but rather is the cost of the CCB and running the change process. The costs of implementing the individual, specified changes, is a separate item that can be tracked via Earned Value calculations and other methods, below. · (Normally the change process budget would be part of the project budget from the beginning, but we neither mentioned nor required that in this class. So for this class only, your change management budget will be over and above the project budget (i.e., in addition to the project budget) instead of coming out of your project budget as part of the project budget.) · Important note: Use of outlines, examples, and templates that you may find (including those in the textbook) is acceptable for the structure and outline of this document. However, the substance must be your own original work and must include proper quotation, citation, attribution, and bibliography of sources and works used. Part 2: Updated project schedule in MS Project (.mpp) reflecting the specified changes listed in the "1. Required Changes" section above, including a tracking Gantt chart comparing the new schedule to the baselined schedule, in MS Project (.mpp) format. Suggested fields to include should include those listed in the document titled: “MSP Fields to Include in ITP Deliverables” located in your Course Content area. Part 3: (a) A brief narrative description of how you effected or applied the changes listed in the "1. Required Changes" section above. For instance, if there was no software (item 3, above), then what did you change instead to simulate a similar change? What were the ripple effects (item 5, above) that the changes triggered? And so forth. (b) A Word document describing what project documentation needs to be changed (and what the needed changes are) in order to implement the specified changes listed in the "1. Required Changes" section above. You need not update the documents, just describe, in general terms, what would need to be updated. · (Note: Ordinarily in a real-world project, we would also update and submit the consolidated project management plan (PMP) document (ITP-6) reflecting all changes and updates. However, for this class, we will omit this step.) (c) Overall earned value analysis. (That is, "overall" indicates do it once for the project as a whole, not for each individual task. Though doing it for each task would be acceptable if MSP does it for you, only the overall whole-project earned value calculations are indicated for this assignment. Do not do individual task calculations of EV by hand.)  You may use MS Project to do so, if you can, or you can do it yourself with a pocket calculator or (probably better yet) do it yourself in Excel; you can use the formulas on the Gold Card or the formulas in my weekly Commentary, or the formulas in the textbook.  Any way, you do it, you will get most of the data from your MSP .mpp, then plug it into the formulas. The goal is to come up with EAC and Estimated Cost to Complete (ECTC), but you'll need to calculate the rest in order to get there, therefore please calculate and submit the following figures. They need not be in a MS Word attachment, but may be answered directly in your Assignments Folder posting, as you wish. As in a math class, show your work, i.e., show your formulas, input data, and calculations as well as your results. Include at least the following EV figures (you may include more if you wish): · Original Budget at Completion (BAC) (baselined) · New Estimate at Completion (EAC) (changed) · New Estimated Cost to Complete (ECTC) (changed) · Original Planned Value (PV, BCWS) (baselined) · Actual Cost so far (AC, ACWP) (changed) · Earned Value so far (EV, BCWP) · Schedule Variance (SV) · Cost Variance (CV) · Schedule Performance Index (SPI) · Cost Performance Index (CPI) (d) Finally, answer the following questions in the previously discussed Word document and submit them along with your other files in your Assignments Folder. 1. What was the effect of the changes on your project cost? How much did it increase? Are you still on budget or are you over budget now? 2What was the effect on your project schedule? How much did it increase? Are you still on schedule or are you late now? 3. What would you recommend doing to handle these changes and risks, assuming that the client cannot get any more money (it's a fixed grant) and that it still has to be installed by the original deadline (before? Do not make changes in your project schedule .mpp or budget or documents to reflect this recommendation. Simply state what things you would recommend doing to handle the situation. Item 1 (the Change Management Plan) should be a separate MS Word document of its own. Item 2 (the updated .mpp file), of course, is a separate file of its own. Items 3-6 (description of how you implemented the changes, description of needed updates to other documentation, earned value analysis, and answers to the questions) can be submitted in a single, consolidated MS Word document. So your submission for grading should include three files. Approximate breakdown by areas include: · General: Structure, Format, Mechanics, Style (~5%) · Changed .MPP Schedule (~33%) · Change Management Plan (~40%) · Documentation Update (~7%) · Questions (~15%) · EV Calculations (Up to ~7%) Rubrics and Grading for the ITP-7 Project Deliverable To earn 90-100% of the points available for this assignment – Meet all requirements, including an updated MS Project schedule; project baselined
Answered Same DayAug 04, 2021

Answer To: ITP-7 - Project Execution, Tracking, and Changes (Individual project) (PMBOK XXXXXXXXXX, 4)...

Tanmoy answered on Aug 06 2021
155 Votes
Implementation of SAP software and ITP 7 change management process
PROJECT INFORMATION
Project name:         SAP Implementation Programme
Date:             6th August, 2020
Project ownership:     Area responsible for the project
Prepared by:         Maliha Shah
Distribution list:     List of those receiving the report, their positions and role in the project.
(
Gantt chart
This chart represents the original baseline plan for the project. The shaded column between June and July is
assumed to be
the current date (30
th
June)
where the project is partially completed.
)Gantt chart
    WBS #
    Task & Subtask
    Months
    
    
    Jan
    Feb
    Mar
    Apr
    May
    Jun
    
    Jul
    Aug
    Sep
    Oct
    1
    A.
SAP Implementation Plan preparation
    ————
    
    
    
    
    
    
    
    
    
    2
    B.
Project Preparation
    ———————
    
    
    
    
    
    
    
    
    
    2.1
    B1.
Initial project planning; training
    ———
    
    
    
    
    
    
    
    
    
    
    2.2
    B2.
Project kickoff;
Quality checks
    
    ——
    
    
    
    
    
    
    
    
    
    3
    C.
Business Blueprint
    
    
    ————
    
    
    
    
    
    
    
    4
    D.
Realization
    
    
    ————————
    
    
    
    
    
    
    5
    E.
Final preparation
    
    
    
    —————————————
    
    
    
    5.1
    E1.
Project management, system management
    
    
    
    —————
    
    
    
    
    
    
    5.2
    E2.
Detailed project planning, quality check
    
    
    
    
    
    ——————
    
    
    
    6
    F.
Go Live & Support
    
    
    
    
    
    
    
    ————————
    
    6.1
    F1.
Production support
    
    
    
    
    
    
    
    —————
    
    
    6.2
    F2.
Project ends
    
    
    
    
    
    
    
    
    
    —
    
    7
    G.
Continuous Improvement
    
    
    
    
    
    
    
    
    
    
    —
The Gantt chart depicts timeline with start and the end date of the project. We have considered a period of 6 months i.e. 30th June as a benchmark to check the project’s capability of being completed within the standard timeline. As per the above Gantt chart, project A, B, C & D are completed within the stipulated timeline of 6 months i.e. here June. But Project E, F & G are taking additional time to get completed. This may be due to various reasons like supervising the previous tasks defects and difficulties faced during installation of SAP software, feedback from staffs and managers and analysis. Once these are done and a report is produced the task will soon commence for project E, F & G which are segregated above in the Gantt chart.
(
This table contains the Planned Value (PV), Earned Value (EV), and Actual Cost (AC) values. Calculate Schedule Performance Index (SPI = EV/PV) and Cost Performance Index (CPI = EV/AC) in percentages.
)Variance Analysis (cost in thousands)
    Task & Subtask
    Milestone Status
    PV
    EV
    AC
    Performance Index %
    
    
    
    
    
    Schedule
    Cost
    A.
SAP Implementation Plan preparation
    Completed
    50
    50
    50
    100%
    100%
    B.
Project Preparation
    Completed
    100
    100
    125
    100%
    80%
    B1.
Initial project planning; training
    Completed
    50
    50
    50
    100%
    100%
    B2.
Project kickoff;
Quality checks
    Completed
    50
    50
    75
    100%
    67%
    C.
Business Blueprint
    Completed
    80
    80
    70
    100%
    114%
    D.
Realization
    Completed
    50
    50
    55
    100%
    91%
    E.
Final preparation
    In progress
    140
    80
    220
    57%
    36%
    E1.
Project management, system management
    Completed
    60
    60
    100
    100%
    60%
    E2.
Detailed project planning, quality check
    In progress
    80
    20
    120
    25%
    17%
    F.
Go Live & Support
    Not started
    100
    0
    0
    0%
    0%
    F1.
Production support
    Not started
    40
    0
    0
    0%
    0%
    F2.
Project ends
    Not started
    60
    0
    0
    0%
    0%
    G.
Continuous Improvement
    Not started
    10
    0
    0
    0%
    0%
    Task Totals
    
    530
    360
    520
    
    
Total PV of the project = 530. This is also called BAC.
Total PV till end of 6 months = 530 – 150 = 380 because task E, F, G & H have not yet started and task D2 is depicting as half completed as per the Gantt Chart given in section 2 above.
Total EV till the end of 6 months = 360
Total AC till the end of 6 months = 520
SPI = EV/ PV = 360/ 530 = 0.68
CPI = EV/ AC = 360/ 520 = 0.69
SPI > 1.0 is good but SPI < 1 is bad. Here, the SPI is 0.68 which is not good till the end of 6 months.
CPI > 1.0 is good but CPI < 1 is bad. Here, the CPI is 0.69 which is not good till 6 the end of 6 months.
Estimate at Completion (EAC)
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).
EAC = Estimate at completion
AC = Actual Cost
BAC = Value of total planned work (PV)
CPI = Cost performance index
SPI = Schedule performance index
1. If both CPI and SPI influence the remaining work, then, EAC = AC+ [(BAC-AC)/ (CPI X SPI)]
520 + [(380 – 520)/ (0.68 X 0.69)
EAC = 808.09
2. If future work will be accomplished at the planned rate, then EAC = AC + BAC – EV
EAC = 690
3. If CPI is expected to be the same for the remainder of the project, EAC = BAC / CPI
EAC = 765.56
Cost Summary
Summarise the impact of the costs on the project and whether there is a need to redefine the risks (see PMBOK 2017 Chapter 11).
1. CPI of project A, B1 & C is more than 1.0 or 100%. This indicates that you are earning more than or equal to cost spent. This means these projects are over budget. This indicates that the above three projects amount is beyond what has been planned. This is a positive indication.
2. The CPI of the projects B2, D & E are below 1.0 and indicates the projects are under budget. This is a negative sign for the project as it indicates the earnings are less than the cost.
3. Projects F & G are yet to start and no actual or earned value is present to estimate the CPI of the projects.
There is need to redefine the risk for projects B2, D & E. Identifying the reasons of the cost more than the earnings. Then planning the ways to mitigate the cost and implementing the same before processing with the projects.
Forecast Completion Date
Forecast completion date is derived from the Schedule Performance Index (SPI) and forecasts the end date of the project (see AS 4817-2006 pp.13-15 Section 2.3.2).
Calculate the forecast completion date....
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