This assinment is based on my previous assignment done by TFTH of Renovation of Tip Top Bakery. As it is a group assignment is group i need to so only content in 4 and 5 in workbook 2 week 4. I have to fill allthe table and then work as per requiremnt in document provided, In selection croterial used assignment of my friend poonam and rupinder attached. At this time i am only providing on poona assinment. will soon provide copy of rupinder as well. I have to finish in 1200 words max without workbooks. Please call if any issues. Please do table of contents as well.
MNG00785 Project management Weeks 4 – 10: Assessment 2 Contents 4Topic 4: Communication plan, WBS, and RACI2 4.1Project selection exercise (pp.32-41)2 4.2Stakeholder Prioritization Matrix (pp. 119-123)3 4.3Project Communications Matrix (pp. 126-130)3 4.4Work Breakdown Structure (pp. 150-159)4 4.5The RACI chart (pp. 216-217)5 5Topic 5: Scheduling projects6 5.1AoN (pp. 173-180)6 5.2Time estimation (pp. 181-182)7 5.2.1Time estimation – Enumeration method (p. 189)7 5.2.2Time estimation – Two Pass method (pp. 185-189)8 5.3Critical path8 5.4Gantt chart (pp. 192-199)8 6Topic 6: Resources and budgeting9 6.1Resource Loading (pp. 216-221)9 6.2Budget (pp. 346-259)9 6.3Reporting9 6.3.1Earned Value Management (EVM)9 6.3.2Timeline reporting11 7Topic 7: Risk management (pp. 270-284)12 7.1Risk identification I12 8Topic 8: Quality management & project closure13 8.1Quality tools13 8.2Change management14 9Project close15 9.1Transition plan (Chapter 15)16 9.2Close procurements (pp. 424-425)17 9.3Knowledge management17 9.4Lesson learned17 9.5Customer feedback18 Topic 4: Communication plan, WBS, and RACI Project selection exercise (pp.32-41) Using the projects from your group, undertake a project selection process. Score each of the projects in the table below. Based on the score, which project will you choose? Project/Selection Criteria Weight: Total The project our group has chosen is: _______________________________________________ The reasons for this are: ______________________________________________________________________________ ______________________________________________________________________________ Stakeholder Prioritization Matrix (pp. 119-123) Based on your selected project, examples from the book and your own interpretation, please identify as many stakeholders as possible. Rank their power, Interest, Influence, Impact, Urgency and legitimacy on a scale of 1 to 3 (1 = low, 2 = medium, 3 = high) and add them in column ‘Total’. Stakeholder: What is the stakeholder’s main issue? Power Interest Influence Impact Urgency Legitimacy Total Priority (a score of 1-6 = low, 7 to 12 = medium, 13 to 18 = high)) Example: Stakeholder A A clean, quiet environment 1 3 1 1 3 2 11 Medium Project Communications Matrix (pp. 126-130) Based on your project, examples from the book and your own interpretation, complete the communication matrix below. (It is possible that certain cells might be left open) Stakeholder Learn From Stakeholder Share With Stakeholder Timing Method Owner Work Breakdown Structure (pp. 150-159) Based on your selected project, examples from the book and your own interpretation, complete the WBS. Use activity 1.3, the milestones, to guide you. Start with the first milestone after ‘Charter signoff’ and finish with the ‘Project completion’. The number of sub-packages needed per milestone is up to your discretion and the context of the project. While you are working on the WBS you might start to indicate which parts depend on the completion of a previous part. This dependency will be needed later in topic 3. [Project Name] 1. Charter signed off 2. [First milestone] 2.1. [First work package needed to complete the first milestone] 2.2. [second] 2.3. Etc 3. [Second milestone] 3.1. [First work package needed to complete the first milestone] 3.2. [second] 3.3. Etc 4. etc Project name: ________________________ # Work package Duration Start date Finish date The RACI chart (pp. 216-217) Based on the project brief and the WBS, as well as example from the book, finish the RACI chart below. You decide how many persons should be added to the table, this could be more or less. WBS Code Activity Name Sponsor Project Manager (you) Person A Person B 1 Charter signed off A R I I RACI Key: (R) Responsible, (A) Accountable, (C) Consult, (I) Inform Topic 5: Scheduling projects AoN (pp. 173-180) Using a computer program such as MS PowerPoint or MS Visio, create an Activity on Node diagram based on your WBS. Make sure you save your work as it will change as we advance through the activities. Time estimation (pp. 181-182) Based on the information provided, give a best estimate of the duration of each activity. Make sure you mention which unit you use (i.e., months weeks or days). Not each activity will have a clear answer, so use your best educated guess. Give a short explanation to each activity why you think it will take as long as you’ve estimated. Keep your explanation[footnoteRef:1] as short and succinct as possible. [1: There is not a right or wrong answer in this section on the time you’ve estimated, it is designed to stimulate your estimation skills] WBS Code Activity Name Predecessor(s) Duration (unit) Explanation on duration Time estimation – Enumeration method (p. 189) You can now update the AoN diagram with the time estimates. This is your basic project schedule. Time estimation – Two Pass method (pp. 185-189) Now use Exhibits 7.12, 7.13 and 7.14 (Pages 186-188) to create a Two-Pass schedule for your project Critical path Identify the critical path in your project: The critical path in my project is________________________________________, and takes ___________ (hours, days, weeks) Gantt chart (pp. 192-199) Decide what tools you will use for your Gantt chart development: · Microsoft Project is available on all University lab computers. The downside of this is that you need to be on-campus to access it. · Project Libre is a free, open-source software that can be set up on your computer. It is not as powerful as MS Project, but is sufficient for this assignment. · There are many other tools and Excel templates available to use. Now use your WBS, AoN and the durations identified to create the Gantt chart. Topic 6: Resources and budgeting You will need to assign resources to your Gantt chart, whether in Excel or in MS Project or Project Libre. Don’t forget that resources are not only human and financial – is there specialised equipment that you need to use on your project that may have conflicting demands? Resource Loading (pp. 216-221) In your project, assign your resources to the activities and optimise the project schedule as best as possible. For the assignment, you should first construct your project so that at least one resource is overloaded. You should then demonstrate your understanding of loading resolution strategies by correcting the overloading. You will thus need to provide an adjusted Gantt. Budget (pp. 346-259) By now you should have some idea of the budget for your project. You will need to use Project, Libre or Excel to calculate this. It needs to be detailed against each WBS work package, and include human resources as well as equipment, services, and materials. Pages 260-262 provide a tutorial on using MS Project for budgeting. Note the table in exhibit 9.9, p. 257. You are required to insert such a table in your second assessment task. If you are receiving staggered finance for your project, you will also need the table in exhibit 9.11 p. 259, in order to demonstrate your understanding of cash flow on your project. The “Project Budget Aggregation” will be a useful tool for this exercise. Reporting Earned Value Management (EVM) Using the information in pages 401-405, develop an Earned Value Management table for your project. Note, you may also one of the use the templates found under Week 8 resources. Planned value (PV) is “the authorized budget assigned to scheduled work.” Earned value (EV) is “the measure of work performed expressed in terms of budget authorized for that work.” Actual cost (AC) is the “the realized cost incurred for the work performed on an activity during a specific time period.” Budget at completion (BAC) is “the sum of all budgets established for the work to be performed.” Schedule variance (SV) is “a measure of schedule performance expressed as the difference between the earned value (EV) and the planned value (PV). Cost variance (CV) is “the amount of budget deficit or surplus as a given point in time, expressed as the difference between earned value (EV) and actual cost (AC).” Schedule performance index (SPI) is “a measure of schedule efficiency expressed as the ratio of earned value (EV) to planned value (PV).” Cost performance index (CPI) is “a measure of cost efficiency of budgeted resources expressed as the ratio of earned value (EV) to actual cost (AC).” Estimate to complete (ETC) is “the expected cost needed to finish all the remaining project work.” 1 | Page Timeline reporting Based upon pages 389-391, develop a report for your project. Project name: _______________________________Date: ___________________________________ Past time period Milestones Approved plan Actual progress Variances Causes Current time period Plan until next report Risks before next report Issues before next report Changes to be