Kindly find the attchment and please start working asap and please most humble request kindly give me excellent work worth 80% marks please. And adjust the price as well

1 answer below »
Kindly find the attchment and please start working asap and please most humble request kindly give me excellent work worth 80% marks please. And adjust the price as well


PROJ6002_Supplmentatry Assessment Brief Page 1 of 4 ASSESSMENT 2 BRIEF Subject Code and Title PROJ6002: Project Planning and Budgeting Assessment Supplementary Assessment Individual/Group Individual Length 2500 words Learning Outcomes The Subject Learning Outcomes demonstrated by successful completion of the task below include: (a) Evaluate and apply a range of project management tools, techniques and practices to diverse global projects. (b) Evaluate budgetary and planning outcomes against project success measures, including stakeholder expectations. (c) Develop effective communication methods to articulate planning outcomes to key stakeholders. Submission Due by deadline notified by the Academic Services Officer or Learning Facilitator (Due date will be 5 days from the date of notification). Weighting 50% Supplementary Pass/Fail Total Marks Not applicable. This supplementary assessment will not be awarded a mark but will be graded against the marking rubric or criteria as a Supplementary Pass of 50% or a Fail. Assessment Task Individually, devise project scope, schedule, cost and quality management knowledge and approaches for the project in the assigned Case Study provided by your Subject Coordinator or Academic Services Officer. Please refer to the Instructions for details on how to complete this task. Context The backbone of a project manager’s work is project planning and budgeting. The planning process details the project's execution, monitoring, and control. The process outputs are a project management plan (including sub-plans) and baselines. You will develop suitable project management solutions for your assigned Case Study in this assessment. You will apply scope, schedule, cost and quality tools and techniques to demonstrate your project management knowledge and skills in those PROJ6002_Supplmentatry Assessment Brief Page 2 of 4 knowledge areas related to project planning and budgeting. One of the keys to project success is effective scope, schedule, cost and quality management. These project management knowledge areas include processes to ensure that the project is completed successfully and satisfactory. Instructions 1. Read and understand the provided Case Study (provided by your Subject Coordinator or Academic Services Officer when you are notified of your supplementary assessment). 2. Critically analyse the project in the Case Study from your own perspectives as up-and- coming project manager. 3. You will appropriately and sufficiently apply project management concepts, techniques and tools of scope, schedule, cost and quality management to provide appropriate solutions to the questions asked in the assigned Case Study. 4. Write 2500 words and describe the processes, tools, and techniques in the knowledge areas of scope, schedule, cost and quality management as well as your justification for the processes, tools, and techniques selected. Referencing It is essential that you use the most recent edition of APA style for citing and referencing research. Please see more information on referencing in the Academic Skills webpage. Submission Instructions Remember that only upload the final version of your supplementary assessment file(s) via the Supplementary Assessment link on Blackboard as instructed for PROJ6002 – Project Planning and Budgeting. Submit your answers in an academic style, including both in-text citations and a full reference list using the correct APA style of referencing. Your supplementary assessment will be formally graded via the Grade Centre by your Learning Facilitator. It will be marked as “Supplementary Pass” for the subject if over 50% or if under 50% as “Fail” (original fail mark is kept). A failed grade for this assessment will lead to a failed grade for the subject. The assessment feedback will be provided through My Grades. Academic Integrity Each student is responsible for ensuring that all work submitted is their own and is appropriately referenced and academically written according to the Academic Writing Guide. The student also needs to have read and be aware of Torrens University Australia Academic Integrity Policy and Procedure and subsequent penalties for academic misconduct. These are viewable online. The student also must keep a copy of all submitted material and any assessment drafts. Special Consideration To apply for special consideration for a modification to an assessment or exam due to unexpected or extenuating circumstances, please consult the Assessment Policy for Higher Education Coursework and ELICOS and, if applicable to your circumstance, submit a completed Application for Assessment Special Consideration Form to your Learning Facilitator. https://library.torrens.edu.au/academicskills/apa/tool https://laureate-au.blackboard.com/webapps/blackboard/content/listContent.jsp?course_id=_20163_1&content_id=_2498847_1&mode=reset http://www.torrens.edu.au/policies-and-forms https://laureate-au.blackboard.com/bbcswebdav/xid-4650246_1 https://laureate-au.blackboard.com/bbcswebdav/xid-4650246_1 https://laureate-au.blackboard.com/bbcswebdav/xid-4652143_1 https://laureate-au.blackboard.com/bbcswebdav/xid-4652143_1 PROJ6002_Supplementary Assessment Brief Page 3 of 4 Assessment Rubric Assessment Attributes Fail 0-49% Pass 50-100% Knowledge and understanding of project scope, schedule, cost and quality management. Applies project scope, schedule, cost and quality management tools and techniques. Percentage for this criterion = 40 % Unsatisfactorily demonstrates a partially-developed understanding of project scope, schedule, cost and quality management Key components of the assignment are not addressed, including elements of scope, schedule, cost and quality management and/or relevant tools and techniques are not applied Satisfactorily demonstrates a functional knowledge of project scope, schedule, cost and quality management Sufficiently demonstrates a limited application of project scope, schedule, cost and quality tools and techniques. Effectively utilises the case study and presents the required elements of project scope, schedule, cost and quality management plan. Percentage for this criterion = 40 % Very limited presentation of information related to the assigned case study Does not adhere to the concepts of scope, schedule, cost and quality management Very limited range of specialised language and terminology; frequent errors Appropriate presentation of information related to the assigned case study Largely adheres to the concepts of project scope, schedule, cost and quality management Appropriate range of specialised language and relevant terminology; some or no errors Effective Communication (Written) Percentage for this criterion = 15 % Very limited organisation, text, structure & coherence Frequent errors in spelling, grammar and/or punctuation Appropriate organisation, text, structure & coherence Some or no errors in spelling, grammar and/or punctuation Correct citation of key resources and evidence Percentage for this criterion = 5 % Demonstrates inconsistent use of good quality, credible and relevant resources to support and develop ideas with very limited scope. Shows very limited to no evidence of sourcing evidence. Didn’t refer to sources; referencing does not resemble the most recent edition of APA Demonstrates use of credible and relevant resources to support and develop ideas with limited scope. Shows evidence of limited scope within Torrens University resources for sourcing evidence. Rarely referred to sources; uses most recent edition of APA referencing with frequent errors PROJ6002_Supplementary Assessment Brief Page 4 of 4 The following Subject Learning Outcomes are addressed in this assessment SLO a) Evaluate and apply a range of project management tools, techniques and practices to diverse global projects. SLO b) Evaluate budgetary and planning outcomes against project success measures, including stakeholder expectations. SLO c) Analyse and demonstrate effective communication methods to articulate planning outcomes to key stakeholders. PROJ6002 – Project Planning and Budgeting Supplementary Assessment Term 2-2022 Prepare appropriate schedule and cost management plans for the given project below. Table 1: Research and Development Project The above activities are shown in a weekly format and need to be converted to a daily basis. In this case study, a week consists of 5 working days and 8 hours per day. The project will not be implemented on weekends. Your plans must follow the additional requirements provided within this instruction as below: 1.0 Time Management Planning & Project Schedule 1.1 Develop sub-activities for any main activities with the duration of 5 days and greater. Assign activity dependencies to all new sub-activities (show at least 2 types of activity dependencies/ main activity required) without changing the total duration of the main activities. Additionally, milestones must be defined and incorporated for all main activities with the duration of 5 days and greater. The newly assigned sub-activities, activity dependencies and milestones must be clearly presented in your project schedules. 1.2 Construct and present a correct project schedule for Scenario-1 using project activities given in Table 1. 1.3 Conduct a critical path analysis and carefully apply the 3-point estimate technique on identified critical activities to develop an estimated project schedule. It is assumed that all activities will be 35% shorter than the presented schedule if we fast track the orientation through crashing. On the other hand, without appropriate risk management planning, the durations of critical activities extend by 60%. Present a changed schedule (Scenario-2) incorporating a 3-point analysis to all critical activities with these new timings. Effectively perform a final, technical schedule analysis using the results obtained from project scheduling conducted in the previous stages. Critically compare these two scenarios and carefully discuss the impact of schedule changes. Appropriately identify two schedule control techniques or tools and carefully discuss how they can assist the schedule management of this project. PROJ6002 – Project
Answered 5 days AfterSep 02, 2022

Answer To: Kindly find the attchment and please start working asap and please most humble request kindly give...

Banasree answered on Sep 05 2022
83 Votes
2
1.0 Time Management Planning & Project Schedule
1.1 Develop sub-activities for any main activities with the duration of 5 days and greater. Assign activity dependencies to all new sub-activities (show at least 2 types of activity dependencies/ main activity required) without changing the total duration of the main activities. Additionally, milestones must be defined and incorporated for all main activities with the duration of 5 days and greater. The newly assigned sub-activities, activity dependencies and milestones must be clearly presented in your project schedules.
Ans. In this assignment we have a res
earch and development project. A project must be defined as per the Project Management Institute ((PMI, n.d.)consists of five phases namely: Initiation, Planning, Execution, Performance and Closing. Project planning is an important phase whereby the objectives of the project are translated into project deliverables. The latter can be further broken down into activities which will be quantified and logically scheduled. A programme of works is a useful output from the project planning phase for the execution phase.
Aims and objective –
The aim of this assignment is to develop and produce a programme of works or project plan and budget for a selected project. The relevant objectives of this assignment are as follows:
(a)    Identify a project related to the group’s professional affiliation as in resources.
(b)    Provide a project description with milestone and deliverables.
(c)    Develop a execution of the project plan and budget.
(d)    Developing a work breakdown structure and assigning resources to the tasks consistent with the scope of works.
(e)    Producing a programme of works for the project plan and budget.
As part of this assignment, a Programme of works needs to be developed for a particular project, which has attach separately in annexure. Refer Annex – 1 for the detailed project planning and schedule.
Table 1: Milestones
    Sl.
    Deliverable Milestone
    Duration
    1
    Conduct competitive Analysis
     21 days
    2
    Review field sales reports
    14 days
    3
    Conduct tech capabilities
    35 days
     4
    Develop focus group data 
    14 days
     5
    Conduct telephone surveys 
    21 days
     6
    Identify relevant specification improvements 
    21 days
    7
    Interface with marketing staff
    7 days
    8
    Develop engineering specifications
    35 days
    9
    Check and debug
    28 days
    10
    Develop testing protocol
    21 days
    11
    Identify critical performance levels
    14 days
    12
    Assess and modify product components
    42 days
    13
    Conduct capabilities assessment
    84 days
    14
    Identify selection criteria
    21 days
    15
    Develop production master schedule
    35 days
    16
    Liaise with sales staff
    7 days
    17
    Prepare product launch
    21 days
We know that our case study’s given data is in week manner, for detailed program of work it converted into days.
Activities for the purpose of planning are of the types as shown in
Table 2: Dependency relationships
    Dependency
    Description
    Finish to start (FS)
    Previous activity must be completed before activity starts
    Start to Start (SS)
    The activity starts at the same time as the previous activity
1.2 Construct and present a correct project schedule for Scenario-1 using project activities given in Table 1.
Ans. Scenario -1 of this assignment with detailed planning and schedule attach here. Kindly refer annexure 1.
1.3 Conduct a critical path analysis and carefully apply the 3-point estimate technique on identified critical activities to develop an estimated project schedule. It is assumed that all activities will be 35% shorter than the presented schedule if we fast track the orientation through crashing. On the other hand, without appropriate risk management planning, the durations of critical activities extend by 60%. Present a changed schedule (Scenario-2) incorporating a 3-point analysis to all critical activities with these new timings. Effectively perform a final, technical schedule analysis using the results obtained from project scheduling conducted in the previous stages. Critically compare these two scenarios and carefully discuss the impact of schedule changes. Appropriately identify two schedule control techniques or tools and carefully discuss how they can assist the schedule management of this project.
Project management tools – Case study has the defined activity which is considered here as a scenario 1 with 35% shorter. Scenario 2 is calculated with 60% critical activity in view of this project. Refer annexure 1 for the scenario 1 and annexure 2 for the scenario 2. In this project for the planning purpose 3-point estimation has been applied. Details of this estimations are :
1. PERT – Programme / Project Evaluation Review Technique. Pert are planned by following procedure:
a. Explanation of the certain activities and milestone – Activities and milestones are defined in the table -1. Activities are known as the task of the project and milestones are the event which define the start and end of one or more task.
b. The right order or arrangement of the task – This step involved with
i. The order of that task has to in certain arrangement. Therefore, rest activities are also determined or arranged to define the correct order of the task especially the way they should be performed.
c. Creation a Network Diagram – By defining the task in details, a network (CPM, n.d.)diagram can be designed to identify the sequence of the task. Then they are connected by the arrow which identified as activity and the bold event is known as the milestone.
d. Estimation of the time to complete each task. There are three points estimates which considered here and they are:
i. Optimistic Time - The shortest time in which the task can be finished.
ii. Most likely Time – The time in consideration with realistic approach.
iii. Pessimistic time – The longest time that a task may consume.
e. Calculation the CPM.
2. Gantt Chart. – A Gantt chart is also part of this planning estimation which helps to design project. Generally, considers two parts, first the left part which outline the list of activities and...
SOLUTION.PDF

Answer To This Question Is Available To Download

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here