Project Scope,Time and Cost Management
Unit Code and Title: SBM1201 Project Scope, Time and Cost Management
Assessment Overview
Assessment
Task
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Weighting
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Length
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Assessment
1: Presentation (group)
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10%
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15 mins
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Present
the selected real- life project case
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(Project
background and scope statement)
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Assessment
2: Unit Project- Part A (group)
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20%
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2000 words
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Select
a real-life project and develop a scope
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management
plan
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Assessment
3: Unit Project-Part B (Group)
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For
the selected real-life project in assessment 2,
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30%
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3000 words
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develop
schedule and cost management plans.
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Assessment
4: Final Exam
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40%
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120 min
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assesses
skills in practical application of CPM,
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||
PERT
and EVA
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Assessment 1: Presentation
Assessment Details:
In
this assignment, students are required to present their selected case project.
Students need to justify why they have selected this project. Other relevant
information about the case project such as assumptions and constraints, project
objectives, stakeholders, scope, major deadlines, budget, risks, team members
and their roles and responsibilities along with task schedule should also be
presented. Students required to present their Scope statement using the
template provided and discussed during the lecture and the tutorial session.
All group
members required to participate in the presentation.
Assessment 2: Project Part
A- Scope Management Plan
Assessment Details:
This
assessment is designed to assess your technical skills in planning and
communicating a project effectively. You required to form a group (4 to 5
students), select a project case (either from the provided links to the
real-life projects or a project case from an organisation of your selection).
The project should be in final stage of initial process, with either a signed
off project charter or in the stage of getting the approval of the project charter.
You are required to write a report of scope management plan. This report should
include an introduction to the project case, a stakeholders’ register, a brief
project charter, project Scope management that includes: project justification,
in-scope and out-of-scope, constraints, Limits, assumptions, technical,
requirements, statement of work (SOW) and priority matrix (use the provided
template). WBS structure (minimum of three levels), WBS dictionary, work
packages and linking WBS to OBS, scope verification and validation methods,
scope change control, and designing the change control boards (CCB) and roles
and responsibilities.
For
successful completion of this assessment, you should meet with your group
regularly (at least once a week face to face and via emails). You require to
study the material provided (lecture slides, tutorials, and reading materials),
engage in the unit’s activities, and in the discussion forums. The prescribed
textbook is the main reference along with the recommended reading material.
Groups expected to discuss their work with lecturer and to seek support. In
completing this assessment successfully, you will be able to effectively to
write and communicate project scope plan, which will help in achieving ULO-1.
Assessment 3: Unit
Project-Part B (Group)
Assessment Details:
Continue
working on the selected project case, this assessment is designed to assess
your technical skills in planning and communicating a project effectively. You
required to continue working with your group on the selected project and
develop and write schedule management plan that includes identify processes,
tools and techniques to be used and document to be developed as per your client’s
requirements, define activities (activity list, proper activity logic,
activities identification), milestones list, activities sequence, relationships
(F_S, S_S, S_F, F_F), Lags, leading times, project network and critical
path(s), estimating activity duration (basics of estimation, duration,
resources estimation and allocation), identifying roles and responsibilities in
scheduling, and monitoring and controlling schedule (EVA relevant to project
schedule) Just description of the methods and tools. Using your MS project
skills, you are required to develop MS project report of schedule plan, and
resources plan (sheet and allocation for each activity) and develop schedule
baseline. You also require to develop and write
project cost management plan that includes: plan cost management (identify
processes, tools and techniques to be used and project documents to be
developed as per your client’s requirements), define cost elements (labour,
material, variable cost), identify types of cost (direct, indirect, fixed,
variable), determine the estimating method (s): (top-down, bottom-up), use
estimating techniques (analogous, parametric, three-point method) to estimate
budget (creation): establish time-phased budget, provide a discussion on
monitoring and controlling cost (EVA relevant to project cost including
forecasting and variances), and establish a cost baseline.
For
successful completion of this assessment, you should meet with your group
regularly (at least once a week face to face or via Zoom meeting). you require
to study the material provided (lecture slides, tutorials, and reading
materials), engage in the unit’s activities, and in the discussion forums. The
prescribed textbook is the main reference along with the recommended reading
material. Groups expected to discuss their work with lecturer and to seek
support.
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