This is an ENGINEERING Management assignment.Need someone who is good at project Management. You don't have to answer all the Questions.jUST Answer Q1 to Q4.There is no page limit but please try to...

1 answer below »
This is an ENGINEERING Management assignment.Need someone who is good at project Management.
You don't have to answer all the Questions.jUST Answer Q1 to Q4.There is no page limit but please try to answer in 5-7 pages.More than 15% plagiarism is not allowed and grammatical mistakes should be avoided.The font should be Times New Roman ,12 PT.


Part B (15 Marks): Background You have recently been appointed as a project manager in a large engineering organisation. Some examples of such an organisation include, but are not limited to: ✓ Consultant ✓ Government organisation ✓ Construction company ✓ Installation company ✓ Asset management provider ✓ Maintenance services provider ✓ Other. The organisation may be operating in one or more engineering disciplines, such as civil, mechanical, electrical, environmental, mechatronic, biomedical, or other discipline, or in construction or surveying. Your organisation has asked you to review the management of a medium sized project (up to $5 million in value), which is to be completed within two (2) years of its commencement. The project has at least 20 main activities. The project commenced eight (8) months ago. The first six (6) weeks were spent developing the project charter and preparing the original project management plan. Project execution (carrying out the work) commenced immediately the project management plan was completed and approved. There will be a one (1) month project closing period at the end of the project. During this time, equipment will be tested and commissioned (if relevant to your project), and the project will be finalised. The project deadline is firm, subject to any justifiable contingencies. The existing business case and project charter are not detailed. Similarly, the project management plan, including a basic Gantt chart and high level budget is not well detailed or described. There are a number of issues with the project: 1. To date, the project is three (3) months behind schedule. Part of this delay has resulted from poor understanding of lead times for delivery of particular project components. There are no other significant factors that should impact on project delivery. 2. Because there is only a quite basic project plan and time schedule, there is poor sequencing of critical activities. They do not have clear scheduled completion dates. 3. There have been delays in procuring some critical project resources. There may be alternative suppliers. 4. While there were a number of specialised personnel for particular aspects of the project available at the start of the project, they were not booked ahead of when they were required. Most of these resources are now booked for several months ahead. Few alternatives are available. 5. As a result of the influence of a number of stakeholders, there has been significant scope creep, which with the current rate of progress will delay delivery by one (1) month. This scope creep also threatens to impact on the project’s business case. 6. Some components of the project have not been delivered or built to the required quality specification. Consequently, there have been delays while defects have been rectified. 7. Communication between project manager, project sponsor, stakeholders, contractors, consultants and other key personnel have not been good. There are therefore a number of cases where key information has not been communicated well. This poor communication has impacted on project progress. You have been charged with delivering a revised project management plan to deliver the project on time; and with providing a report to the Project Sponsor explaining the actions you have taken. Your Task Assignment B1 Developing a Revised Project Plan 1. Define your organisation and project. ▪ Nominate an organisation of your choice, and the engineering discipline or disciplines in which it is operating. ▪ Nominate a suitable project (for example, road development, subdivisional development, power station, mobile phone network, mining, provision of industrial equipment, installation, maintenance, surveying) to use as an example. 2. Prepare a revised project charter, including an updated business plan. 3. Prepare an updated project management plan for completing the project within its original timeline. The project management plan should include the following: ▪ Definition, preparation and definition of subsidiary plans ▪ Identification and description of stakeholder needs ▪ Work Breakdown Structure (WBS) ▪ Plans for the project management Knowledge Areas of: o project integration management o project scope management o project time management o project cost management o project quality management o project human resource management o project communications management o project procurement management ▪ Definition and sequencing of the main project activities ▪ Main activity resources and durations ▪ Project schedule, costs and budget Notes: ▪ The project charter should include a revised business case for the project and link the project with your organisation’s strategic plan. On the basis of this business case, the project sponsor will make a decision about the future of the project. ▪ You may assume that the project sponsor has allowed the project timeline to be increased by one (1) month to allow for the scope creep already approved. However, further scope creep is not permitted. ▪ The project scope management plan should include a section on controlling scope creep ▪ The project time management plan should include a Gantt chart showing the major project activities. ▪ The project cost management plan should include all costs reasonably expected to be incurred in delivering the project. These costs may include estimates for ensuring completion of the project. 4. Prepare a plan for executing, monitoring and controlling the project. 5. Prepare a plan for any testing and commissioning, and for closing the project Assignment B1 Report to Project Sponsor ▪ Write a report to your Project Sponsor that: ✓ succinctly outlines the steps you have taken to deliver the project within its original timeframe (as extended by permitted scope creep of one (1) month) ✓ explains why they have been taken ✓ demonstrates how they will enable the project to be completed within its original timeframe ✓ discusses the additional costs that will be incurred to achieve this target Show sign of Professionalism through the following attributes in preparing this group project: ➢ Written Communication ➢ Abstract and table of contents ➢ Structure ➢ Language, style, spelling ➢ Setting out and referencing
Answered 9 days AfterMay 23, 2022

Answer To: This is an ENGINEERING Management assignment.Need someone who is good at project Management. You...

Dr Raghunandan G answered on May 27 2022
102 Votes
1.
Renewable energy solutions is an international electric utility corporation established in Australia. Electricity generating, distribution, and trade are all part of the company's business. It is a sustainable energy company that focuses on onshore and offshore wind, pumped hydro, solar photovoltaic, and battery storage. We have operations in the United States, Spain, Mexico, and Brazil, as well as foreign operations
in Portugal, Greece, and Australia.
Renewable energy solutions for rural electrification provide a number of competitive benefits, including lengthy life cycles, minimal maintenance and operating costs, and nearly no fuel expenditures (only if used for back-up)[1]. Environmental and climate benefits are also derived from the relatively low environmental and climate consequences. Off-grid systems are very adaptable since they may be powered by locally – and often abundantly – accessible resources like a river, wind, biomass feedstocks, and/or the sun.The efficient use of renewables improves local economic conditions, allowing end-users to afford the power they need.
Electricity is created at power plants and then purchased by suppliers, who subsequently sell it to customers to satisfy their demands. The transaction between power generators who create energy and power providers who sell it to customers is known as electricity trading.
Project Scope:
By 2024, global solar capacity is predicted to increase by 600 gigawatts (GW), roughly tripling Japan's current total power capacity. Electricity output is predicted to increase by 1200 GW by 2024, amounting the total electrical potential of the United States.
The energy system in India has a lot of opportunity for improvement. Renewables today makes up just 0.36 percent of the key markets energy supply, with energy sources providing for 96.9% and water and nuclear energy providing for the remaining 2.76 %.
2.
Project Charter
    Problem
    The imbalance cost is caused by the unpredictability of the residual use of power, which is defined as the demand from consumers minus the supply from renewable energy sources.
    Reason of the product
    Trade in electricity has the potential to help reduce overall energy costs, ease shortages, soften power shocks, contribute to decarbonization efforts, and generate incentives for market integration and extension.
    Business Case
    Electricity trading
    Goals
    The ultimate goal of the energy trading platform is to incorporate the competitive forces of a market into the energy system in order to better facilitate the coordination of energy production and transfer.
Revenue Model:
The most important source of revenue is the sale of electricity to the grid, which can take place at market prices or at a predetermined price known as a guaranteed feed-in tariff. Even if the installation is not connected to the grid, the increase in net revenue is still caused by the cost savings that result from not having to purchase power from other sources. It is possible that the project will be permitted to earn and sell carbon emission reduction certificates or renewable energy certificates, but this would depend on the jurisdiction in which it is carried out. Advantages on the tax front can open up other revenue streams.
Capital Tax Credits: The ability to deduct part or all of the initial investment from pre-tax profits over a period of time. The value of the tax credits is determined by the investor's tax capability. In general[2], homeowners will be unable to take use of this revenue source. As a consequence, the income stream fluctuates over time, especially if interest payments are substantial in the early years. Depending on the jurisdiction, the project may potentially be allowed to earn and distribute renewable energy certificates or carbon emission reduction certificates. Tax advantages provide a second source of income.
Production Tax Credits: Total charged for each kWh generated over a set period of time.
Even though some methods may require significant service halfway through the plant's lifetime - for instance, converters in solar plants may need to be updated far before the modules - there are relatively limited expenditures because maintenance fees are frequently...
SOLUTION.PDF

Answer To This Question Is Available To Download

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here