Assessment_2_Brief_PlansASSESSMENT 2 BRIEFSubject Code and Title Project Planning and BudgetingAssessment Project Scope and Quality Management PlansIndividual/Group Group (2 Students)Length...

1 answer below »
Please go through the files

Assessment_2_Brief_Plans ASSESSMENT 2 BRIEF Subject Code and Title Project Planning and Budgeting Assessment Project Scope and Quality Management Plans Individual/Group Group (2 Students) Length 1300 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. Assessment Task In a group of 2 students, devise project scope and quality management plans that articulate the scope and quality approaches for the project in the assigned Case Study provided by your Learning Facilitator. Please refer to the Instructions for details on how to complete this task. Context The backbone of a project manager’s work is the Project Management Plan. This plan details the project's execution, monitoring, and control. It combines all of the planning's sub-plans and baselines. You and your group will create a Project Management Plan for your assigned Case Study in this assessment. Applying scope and quality tools and techniques to develop the scope statement and scope and quality management plans of a project is a crucial part of project planning. One of the keys to project success is effective scope management. Project Scope Management includes processes to ensure that the project includes all work required to complete it successfully. A project's quality management plan defines quality requirements, standards for the project and its deliverables, and how the project will demonstrate compliance. One of the main benefits of this process is that it provides guidance and direction on how quality will be managed and validated throughout the project. Instructions 1. Connect with your assigned group members (provided by your Learning Facilitator). 2. Analyse the project from your own perspectives as up-and-coming project manager 3. Your group will devise subsidiary Project Management plans and Quality, using the assigned Case Study provided on Blackboard by your Learning Facilitator. a) Although all students will receive the same case study, you are expected to complete this task and create a distinct set of plans in your group. b) Quality management plans and supporting documentation must include, but not be limited to, the following components: ● Quality Responsibilities ● Approaches to Quality Assurance, Control and Improvement ● Quality Metrics 4. Write 2600 words and describe the processes, tools, and techniques used in your scope and quality management plans, as well as your justification for the quality metrics selected. 5. You can use the template in this subject’s Learning Resources or create your own to devise the subsidiary project scope and quality management plans. 6. After completing your plans and supporting documentation, each member of your group should reflect on your respective contributions to the assessment and then (individually) complete the Group Contribution Survey. 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 Submit your answers in an academic style, including both in-text citations and a full reference list using the correct APA style of referencing. JP_Red Bank Case Study(1) J.P - Red Bank Project The Red Bank is a key player in Australia financial market. With consideration of continuous raise of cash rate, the Red Bank plans to improve its risk management practice in loan approval and repayment control. J.P Consultancy upholds its exceptional world- wide reputation in providing financial consultation services and advice to commercial banks. Therefore, when the Red Bank approaches J.P to seek its services, J.P’s Business Development Executive (Lachlan Smith) suggested a four-month end to end project to assist the Red Bank to reform its risk management system, processes and practices. The objectives for the project include: (1) to research and customise a risk management framework for the Red Bank; (2) to on-site deliver the newly designed risk management framework and ensure the implementation in the Red Bank; (3) to evaluate the new framework and ready for whole organisation rollout. The project contains five phases and multiple hurdles to be crossed. A drafted action list is presented in Table 1. Potential budgetary allocation is suggested in Table 2. J.P has a sufficient talent pool, and many capable staff could be assigned to this project. The available staffing mix is shown in Table 3. Your tasks: This case study provides you with an opportunity of drawing on your acquired project planning, scheduling, budgeting and quality management skills and materials covered in this course. You are responsible for addressing all tasks and requirements listed in Section 1 and Section 2, in addition to Assessment briefs, according to the case study. 1-2) Quality management planning ● Develop the quality management planning components of your Quality Management Plan. ● Select at least Three work ID to develop Quality Assurance activities accordingly. ● Apply quality management tools to ensure the project performance is consistent with the quality management plan. Justify your selection. Table 1 – The Project Activities ID Descriptio n Duratio n (Day) Predecesso r Phase 1: Project engagement setting 1.1 Touchpoint to J.P BDE for potential services 3 NA 1.2 J.P. consultant internal briefing 2 1.1 (SS+1) 1.3 Client meeting for problem/risk identification 12 1.2 1.4 Agreement and contract with cooling off period of 5 days 5 1.3 +5 Phase 2: Structure a J.P Project Team 2.1 Lachlan Smith appoints Project Manager 2 1.4 (SS) 2.2 Project manager forms a team 15 2.1 2.3 Project team skills mapping 5 2.2 +1 2.4 Conduct Project team and Consultant workshops 10 2.3 2.5 Assign and agree responsibilities 3 2.4 (FF+2) Phase 3: Production plan 3.1 Assessment of Red Bank risk management maturity level 12 1.3 (SS+8) 3.2 Analysis of the Enterprise Risk Register 5 3.1 3.3 Research current risk management practice inindustry and similar consultancy projects 15 3.2 (SS+2) 3.4 Customise a risk framework for the Red Bank 6 3.3 3.5 Modify existing frameworks to fit in the new one 3 2.5 FF, 3.4 3.6 Check APRA compliance 5 3.5 (FF) 3.7 Finalise the product 3 3.6 +3 Phase 4: On-site (Red Bank) delivery 4.1 Presentation and validation of the J.P-Red Bank risk framework 3 3.7+3 4.2 Explain implementation roadmap 2 4.1 4.3 Key risk management personnel nomination 5 4.2 4.4 Conduct Responsibilities workshops 15 4.3 (SS) 4.5 J.P and Red Bank system integration and adaption 20 4.4 4.6 De-bug (discrete work) 5 4.5 (FF) 4.7 Launch and manage a Pilot work 5 4.6 4.8 Project de-brief for Red Bank senior management 2 4.7 (FF) Phase 5: Lessons Learned and Closure 5.1 Evaluation platform set-up 5 4.6 5.2 Lessons learned data collection J.P 10 5.1 5.3 Lessons learned data collection Red Bank 10 5.2 (SS) 5.4 Problems solving and/or disputes 5 5.2 5.5 Closure and Sign-off 1 5.4 PM2-Template.v3.Quality_Management_Plan LOGO Organisation [Name] Department [Name] Date: Doc. Version: Template version: 3.0.1 This artefact template is aligned with the PM² Guide V3.0 For the latest version of the templates visit: The PM² Alliance is committed to the improvement of the PM² Methodology and of its supporting artefact. Project management best practices and community contributions & corrections are incorporated in the PM² Alliance’s artefact templates. Join the PM² Alliance and visit the PM² Alliance GitHub to provide your feedback & contribution: Quality Management Plan Document Control Information Settings Value Document Title: Quality Management Plan Project Title: Document Author: Project Owner (PO): Project Manager (PM): Doc. Version: Sensitivity: Date: Document Approver(s) and Reviewer(s): NOTE: All Approvers are required. Records of each approver must be maintained. All Reviewers in the list are considered required unless explicitly listed as Optional. Name Role Action Date Document history: The Document Author is authorized to make the following types of changes to the document without requiring that the document be re-approved: ● Editorial, formatting, and spelling ● Clarification To request a change to this document, contact the Document Author or Owner. Changes to this document are summarized in the following table in reverse chronological order (latest version first). Revision Date Created by Short Description of Changes Configuration Management: Document Location The latest version of this controlled document is stored in . Notes for Templates: ● Text in : has to be defined. ● Text in : guidelines and how to use the Template. Should be deleted in the final version. ● Text in green: can be customised. Should be recolored to black in the final version. Date: 2 / 15 Doc.Version: Quality Management Plan TABLE OF CONTENTS 1. INTRODUCTION 4 2. QUALITY MANAGEMENT OBJECTIVES 4 3. QUALITY MANAGEMENT PROCESS 4 3.1. Quality Management Roles and Responsibilities 8 4. TOOLS AND TECHNIQUES 9 5. QUALITY ASSURANCE ACTIVITIES 9 6. METRICS 10 7. QUALITY CONTROL 11 7.1. Quality Reviews 11 7.2. Deliverables Reviews 11 7.3. Other Quality Control Activities 11 8. QUALITY RECORDS 11 9. CONFIGURATION MANAGEMENT 11 10. RELATED PM² PLANS 13 APPENDIX 1: REFERENCES AND RELATED DOCUMENTS 15 Date: 3 / 15 Doc.Version: Quality Management Plan 1. INTRODUCTION The PM² guide describes a light Quality Management section of the Project Handbook. However, the usage of this Quality Management Plan template is advised in case of complex or risky projects where quality activities are of special importance for the project. The objectives of this document are: ● To outline the quality strategy, approach and process to be used for the project; ● To identify the roles and responsibilities related to project quality management; ● To identify the major project management artefacts and deliverables; ● To define the quality assurance and control activities and to plan them throughout the project; ● To support the agreement on project quality requirements and metrics, and the method to evaluate them; ● To specify the methodology, standards, tools and techniques used to support quality management. Note that in the PM² Guide, the Quality Management Plan is mainly described as a part of the Project Handbook. However the Project Manager (PM) can decide, given the size or complexity of the project, to use a separate document to capture the quality attributes for the project and in this case we propose to use this template. 2. QUALITY MANAGEMENT OBJECTIVES Project quality management aims to ensure that the current project will meet the expected results in the most efficient way and that deliverables will be accepted by the relevant stakeholders. It involves overseeing all activities needed to maintain a desired level of excellence. This includes creating and implementing quality planning and assurance, as well as quality control and quality improvement. This project will follow the PM2 quality management process that comprises the activities related to the identification, planning, execution, and monitoring & control of project quality related activities. The main project quality objectives are: ● The project's quality characteristics are defined, agreed and achieved throughout the project; ● Quality assurance activities are performed as planned; ● Assure compliance with the organisation’s rules and regulations, as well as with relevant governmental and industry rules, regulations and legislation; ● Any non-conformity (or opportunity for quality improvements) is identified and implemented; ● Deliverables are accepted by the relevant stakeholders based on the defined quality/acceptance criteria. 3. QUALITY MANAGEMENT PROCESS The project quality management process comprises all activities (related both to processes and deliverables) that will increase the ability to meet the project expected results identified in the Project Charter. The quality management process for this project is comprised of five key steps: ● Define (Project) Quality Characteristics; Date: 4 / 15 Doc.Version: Quality Management Plan ● Perform Quality Assurance; ● Perform Quality Control; ● Perform Deliverables Acceptance; and ● Perform Final (Project) Acceptance. Step 1: Define Quality Characteristics The purpose of this step is to identify the objectives, approach, requirements, activities and responsibilities of the project's quality management process and how it will be implemented throughout the project. These are documented in this plan based on the project objectives, approach, deliverables, expected benefits and resources available (as defined in the Business Case, Project Charter, Project Handbook, Project Work Plan, and other relevant plans). The Quality Management Plan includes the description of the: ● Quality objectives, approach and requirements; ● Quality standards, guidelines, tools and techniques, e.g. the Quality Review Checklist and the Deliverables Acceptance Checklist; ● Quality assurance activities and related responsibilities, e.g. Project Review Meetings, monthly activities reports, compliance verification and audits to contractors' quality assurance activities, among others; ● Quality control activities for continuous improvement, e.g. project management artefacts review and quality plans reviews; ● Configuration procedure related to project artefacts and deliverables. Any quality activities related to project management artefacts are documented in the Quality Management Plan, while quality assurance and control activities related to project deliverables can be found in separate documents as e.g. test plans. These documents are project domain specific and therefore not part of the PM² . Quality Control activities in the context of formal customer acceptance of the deliverables are documented
Answered Same DayMar 29, 2023

Answer To: Assessment_2_Brief_PlansASSESSMENT 2 BRIEFSubject Code and Title Project Planning and...

Shubham answered on Mar 30 2023
7 Votes
Project Quality Management Plan Template
Project Quality Management Plan
Version: <1.0>
J.P - Red Bank Project
PRoject Quality Management PLAN
Version <1.0>

Purpose of The Project Quality Management Plan
Project Quality Management Overview
Organization, Responsibilities, and Interfaces
Tools, Environment, and Interfaces
Project Quality Management
Quality Planning
Define Project Quality
Measure Project Quality
Quality Assurance
Analyze Project Quality
Improve Project Quality
Quality Control
10Appendix A: Project Quality Management Plan Approval
1 Introduction
1.1 Purpose of The Project Quality Management Plan
A project's compliance with the necessary quality standards and objectives is ensured by the project quality management plan. It describes the policies, steps, and responsibilities for managing and regulating quality throughout the project. It provides with the outline for the requirements for deliverable acceptance, determines the quality benchmarks and metrics to be utilized, and specifies the project team's roles and responsibilities for assuring quality.
With the Red Bank project's emphasis on enhancing risk management procedures, the QMP will be essential to its success. The newly created risk management framework will be supplied to the Red Bank in compliance with the established quality standards, and the QMP will verify that the implementation is successful and efficient (Elg et al. 2021). The quality assurance plan that details the precise quality standards to be reached, the quality control procedures to be employed, and the metrics to be used to monitor quality will be included in the QMP. The plan will also detail the project team members' responsibilities for ensuring quality and the steps to take if any quality problems should develop. It will review and updated throughout the project for ensuring that it remains relevant and effective. It will be a key document in the project, providing a framework for ensuring that the project meets the quality standards required by the Red Bank.
2 Project Quality Management Overview
2.1 Organization, Responsibilities, and Interfaces
    Quality Responsibility
    Lachlan Smith
    Business Development Executive
    Ensure project meets Red Bank's quality standards and objectives
    Olamide Yonah
    Project Manager
    Develop and maintain the Project Quality Management Plan (QMP)
    Ion Firdaus
    Consultants, Analysts, etc.
    Follow the QMP to ensure that deliverables meet quality standards
    Romuald Ivo
    Provide feedback on quality of deliverables and implementation of new risk management framework
    Ceadda Pelles
    Ensure adherence to quality standards and metrics outlined in the QMP
    Shandiin Shalev
    Monitor deliverables and processes to ensure they meet quality standards outlined in the QMP
2.2 Tools, Environment, and Interfaces
    Risk Management Framework
    This is a methodical, structured technique for prioritizing, detecting and evaluating risks. This structure could be altered to meet the specific requirements and goals of the Red Bank project.
    Enterprise Risk Register
    It isa document that enumerates all...

Answer To This Question Is Available To Download

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here