SOUTHERN CROSS UNIVERSITY ASSIGNMENT COVER SHEET For use with online submission of assignments Please complete all of the following details and then make this sheet the first page of each file of your...

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SOUTHERN CROSS UNIVERSITY ASSIGNMENT COVER SHEET For use with online submission of assignments Please complete all of the following details and then make this sheet the first page of each file of your assignment – do not send it as a separate document. Your assignments must be submitted as either Word documents or as .pdf documents. If you wish to submit in any other file format, please discuss this with your unit assessor well before the assignment submission date. Student Name: Matthew Farley Student ID No.: 23203905 Unit Name: Project Management Principles Unit Code: MNG91217-2020-SP1 Tutor’s name: Dr Kathryn Thompson Assignment No.: 2 Assignment Title: The Workbook Due date: 9th February 2020 Date submitted: 9th February 2020 Declaration: I have read and understand the Rules Relating to Awards (Rule 3 Section 18 – Academic Misconduct Including Plagiarism) as contained in the SCU Policy Library. I understand the penalties that apply for plagiarism and agree to be bound by these rules. The work I am submitting electronically is entirely my own work. Signed: (please type your name) Date: Student Workbook for MNG91217 Project Management Assessment II This workbook accounts for 40% of your final grade. The workbook has five topics, each topic is worth 80 points, adding up to 400 points. Your total point tally will be divided by ten to determine your grade. For a detailed scoring table per question, please see the ‘Assessment 2 - Rubric’ under ‘Assessment Tasks and Submission’ > ‘Assessment 2 – The Workbook’. Contents 1Topic 1: Project Management Introduction, Charter and kick-off4 1.1Project Selection Prioritization Matrix4 1.2Scope Overview (word limit: 150)7 1.3Milestone Schedule and Deliverables8 1.4Initial Risk Identification8 1.5Resources Required9 1.6Initial Stakeholder Identification9 1.7Team Operating Principles9 1.8Lessons Learned9 1.9Commitment10 2Topic 2: Communication plan, WBS, and RACI11 2.1Stakeholder Prioritization Matrix11 2.2Project Communications Matrix11 2.3Work Breakdown Structure12 2.4The RACI chart13 3Topic 3: Time management and Cost Management14 3.1AoN14 3.2Time estimation14 3.2.1Time estimation – Enumeration method15 3.2.2Time estimation – Two Pass method15 3.3Critical path15 3.4Resource Loading15 3.5Gantt chart16 3.6Resources and cost to activity16 4Topic 4: Progress reporting scope change, and crashing17 4.1Crashing your project17 5Topic 5: Risk management, and Quality management18 5.1Risk identification I18 5.2Risk identification II18 5.3Risk identification III18 5.4Quality tools19 Topic 1: Project Management Introduction, Charter and kick-off Project Selection Prioritization Matrix Below is an example of how calculations in a trade-off matrix are performed: Project/Selection Criteria Criteria A Criteria B Weight: 5 10 Total Landscaping project 7 5 (5*7=) 35 (5*10=) 50 (35+50=) 85 Using the example, score each of the projects in the table below. Based on the score, which project would you choose? Project/Selection Criteria Potential Monetary Gain Success Probability Social Opinion Weight: 5 10 3 Total Construction Project: International Hotel, Hawaii 10 5 5 50 50 15 115 Construction Project: Local Hotel, Brisbane 8 6 4 40 60 12 112 Infrastructure Project: High Speed Rail – Sydney to Melbourne 9 3 8 45 30 24 99 Investment project: The Old Farm House 7 7 10 35 70 30 135 Answer: · I would select the investment project – The Old Farmhouse as it has Based on the prior Project Selection Prioritization Matrix, you undoubtedly have surmised that the Old Farm House investment project is the best option for you at the moment. Following this decision, the following business case below has been developed for you: Old Farm House Business Case You have inherited a century old farm house and acreage in a rural area. You have visited the site and made an inspection. The house needs a great deal of repair work to get it marginally liveable. You have itemized the most important things that need to be done and estimated the time required as shown below. You plan to use this house for vacations and as a rental property through Airbnb. In fact, your work colleague as already expressed interest in staying over as soon as the property is finished. Your parents have sponsored you with a personal loan of $10,000 - that will give you enough money to buy the supplies and have a spending budget on help from a local contractor and two of his apprentices. You yourself have committed to working 80 hours over your vacation to fix up the house, but you are terrible at carpentry and painting. Your vacation of two weeks starts on Monday the 1st of June, and you prefer to be present when the contractor is on site. Assume you, the contractor and his apprentices[footnoteRef:1] all can work up to 8 hrs per day, 5 days per week. [1: For this case the contractor does not need to be present to have an apprentice working on site] You expect that within 2 years of renting the property you will have earned enough money to repay your parents. Each activity is to be performed by one person only. Continually ask yourself the question “when this is done, what else can I start now, or which things can I do at the same time?”. Resources Cost Note Supplies needed $5,000 You $0 Can do all jobs except carpentry and painting Contractor $125 per hour Expert in carpentry Apprentice I $60 per hour Expert in painting Apprentice II $40 per hour Can do all odd jobs (except carpentry and painting) Please note while working on this project, many assumptions are made that appear unrealistic, such as for example the wages, or constraints around who can do what. The main reason behind these decision has been to create an example that is easy for you to work on, while keeping it within small boundaries. The following List of Most Important Fixes and Project Customer Trade-Off Matrix are provided to you as background to the project; they are part of the Business Case. List of Most Important Fixes (not necessarily in order of schedule or priority): 1 Purchase supplies 2 Hang new curtains 3 Repair wooden shutters 4 Paint shutters 5 Hang shutters 6 Repair wooden porch 7 Paint porch 8 Repair wooden floor 9 Sand floor 10 Refinish (paint) floor 11 Paint ceilings 12 Paint doors 13 Paint interior walls 14 Paint exterior walls 15 Wash exterior windows 16 Wash interior windows Project Customer Trade-off Matrix Old Farm House Enhance Meet Sacrifice Cost Cannot go over $10.000 Spend full budget to save time Schedule Save time (you are allowed to spend the full budget if it enhances time finished) Must finish in two weeks (10 business days) Quality Must meet Scope Must meet Scope Overview (word limit: 150) Use your own words to convert the project brief (business case) in a short scope overview: Type your brief in this text box Milestone Schedule and Deliverables Based on the project brief and the list of work packages, please list the milestones you would identify for this project. The first and last are already given for you. Estimate a completion date for each milestone, as well as what the acceptance criteria would be. Also think about who should judge whether or not the criteria have been met. Milestone Completion Date Acceptance Criteria Stakeholder Judge Charter signed off Project completion Initial Risk Identification Based on the project brief, examples from the book and your own interpretation, please identify at least four potential risks to the project. Project (Potential) Risks Risk Owner Contingency Plans Resources Required Based on the project brief, examples from the book and your own interpretation, please identify the funding, workers and equipment required for this project, as well as potential other resources. Don’t overthink this exercise and keep it short and simple. Funding: People: Equipment: Other: Initial Stakeholder Identification Based on the project brief, examples from the book and your own interpretation, please identify at least four stakeholders to the project, their interest and priority to the project. Stakeholder Interest in Project Priority (High/Medium/Low) Team Operating Principles Please list a minimum of three Team Operating Principles you believe are important for your project (refer to textbook): · _________________ · _________________ · _________________ Lessons Learned Please list a minimum of three Lessons Learned you believe can contribute to your project: · ________________ · ________________ · ________________ Commitment Fill out the first column of the table below: Sponsor Department / Organisation Signature N/A Project Manager Department / Organisation Signature N/A Core Team Member/s Department/ Organisation Signature N/A Topic 2: Communication plan, WBS, and RACI Stakeholder Prioritization Matrix Based on the project brief, 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 interest? Power Interest Influence Impact Urgency Legitimacy Total Priority (a score of 6-9 = low, 10 to 14 = medium, 15 to 18 = high)) Example: Stakeholder A A clean, quiet environment 1 3 1 1 3 2 11 Medium Project Communications Matrix Based on the project brief, 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 (responsible for communication) Work Breakdown Structure Based on the project brief, examples from the book and your own interpretation, complete the WBS. Use Exercise 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 also need to provide the predecessors for each activity – what must be completed before this activity can begin. This dependency will be needed later in Topic 3 to help create the AoN. The table below is an example. Replace the text with your own interpretation of the project at hand. [Project Name] WBS code Activity Name Predecessor(s) 1 Charter signed off 2 [First milestone] 1 2.1
Answered Same DayFeb 09, 2021Southern Cross University

Answer To: SOUTHERN CROSS UNIVERSITY ASSIGNMENT COVER SHEET For use with online submission of assignments...

Amar answered on Feb 10 2021
146 Votes
Student Name:
    Matthew Farley
    Student ID No.:
    23203905
    Unit Name:
    Project Management Principles
    Unit Code:
    MNG91217-2020-SP1
    Tutor’s name:
    Dr Kathryn Thompson
    Assignment No.:
    2
    Assignment Title:
    The Workbook
    Due date:
    9th February 2020
    Date submitted:
    
Declaration:
I have read and understand the Rules Relating to Awards (Rule 3 Section 18 – Academic Misconduct Including Plagiarism) as contained in the SCU Policy Library. I understand the penalties that apply for plagiarism and agree to be bound by these rules. The work I am submitting electronically is entirely my own work.
    Signed:
(please type your name)
    
    Date:
    
Student Workbook – MNG91217
Project Management Principles: Assignment 2
Contents
1    Topic 1: Project Management Introduction, Charter and kick-off    4
1.1    Project Selection Prioritization Matrix    4
1.2    Scope Overview (word limit: 150)    7
1.3    Milestone Schedule and Deliverables    8
1.4    Initial Risk Identification    8
1.5    Resources Required    9
1.6    Initial Stakeholder Identification    9
1.7    Team Operating Principles    9
1.8    Lessons Learned    9
1.9    Commitment    10
2    Topic 2: Communication plan, WBS, and RACI    11
2.1    Stakeholder Prioritization Matrix    11
2.2    Project Communications Matrix    11
2.3    Work Breakdown Structure    12
2.4    The RACI chart    13
3    Topic 3: Time management and Cost Management    14
3.1    AoN    14

3.2    Time estimation    14
3.2.1    Time estimation – Enumeration method    15
3.2.2    Time estimation – Two Pass method    15
3.3    Critical path    15
3.4    Resource Loading    15
3.5    Gantt chart    16
3.6    Resources and cost to activity    16
4    Topic 4: Progress reporting scope change, and crashing    17
4.1    Crashing your project    17
5    Topic 5: Risk management, and Quality management    18
5.1    Risk identification I    18
5.2    Risk identification II    18
5.3    Risk identification III    18
5.4    Quality tools    19
Topic 1: Project Management Introduction, Charter and kick-off
Project Selection Prioritization Matrix
    Project/ Selection Criteria
    Profitability/ Favourable Financial Returns: Potential
    Project Success Potential
    Potential for Sustainability
    Total
    Weight-
    10
    10
    5
     
    Renovation Project: Project to plan and implement complete renovation
     8
= 8 x 10
= 80
     8
= 8 x 10
= 80
     5
= 5 x 5
= 25
    = 80 (add) 80 (add) 25
= 185
    A decision to undertake no renovation and pursue business development as-is
     5
= 5 x 10
= 50
     5
= 5 x 10
= 50
     6
= 6 x 5
= 30
    = 50 (add) 50 (add) 30
= 130
    Re-construction Project: Demolishing the existing Property and then re-constructing anew
     2
= 2 x 10
= 20
     3
= 3 x 10
= 30
     2
= 2 x 5
= 10
    = 20 (add) 30 (add) 10
= 60
Answer:
Renovation Project: Project to plan and implement complete renovation
Scope Overview
The scope for the project identified, that is, Renovation Project: Project to plan and implement complete renovation entails the planning, managing and implementing the renovations for this old farm house which has a vintage spanning a century in addition to the acreage which is in the rural area, as well as that these renovations will include hanging newer curtains, repairing of wooden shutters, shutter painting, hanging these shutters, repairing of wooden porches, porch painting, undertaking repair of wooden floors, sand floors, refinishing these floors, ceilings painting, doors painting, interior walls painting, exterior walls painting, washing of exterior windows as well as washing of interior windows. In terms of cost / schedule constraint, this project will be undertaken without exceeding allocated budget ($10,000) as well as the planned schedule (period spanning two weeks starting and a start date of 01st June).
Milestone Schedule and Deliverables
    Milestone
    Completion Date
    Acceptance Criteria
    Stakeholder Judge
    Milestone #1: Project Charter Signed-off
    
    Development of detailed charter and the project plan to act as detailed blue-print for this project
    Myself (Project Lead)
    Milestone #2: Completion of all Purchases
    
    All of the required materials / services fully procured, and payment obligations met as well as the materials are received at location
    Myself (Project Lead)
    Milestone #3: Completion of all Renovation Activities
    
    Completing all of the renovation activities for farm house as per the scope specifications and project objectives
    Myself (Project Lead)
    Milestone #4: Project Completion
    
    Completing all relevant processes of project closure and evaluating project success
    Myself (Project Lead)
Initial Risk Identification
    Project (Potential) Risks
    Risk Owner
    Contingency Plans
    Cost of Project Exceeding the Project Budget
    Myself (Project Lead)
    Planning, Managing and Undertaking Effective Project Control Tools and Process
    Actual Schedule of the Project Exceeding the Planned Project Schedule
    Myself (Project Lead)
    Planning, Managing and Undertaking Effective Project Control Tools and Process
    Significant Variance between the Actual Quality Outcomes at Each Milestone as Against the Expected Quality Specifications
    Myself (Project Lead)
    Using Assessment of Quality Variance at Each Task Level Such that End Outcomes are as Expected
    Any Significant Changes in the Market Causing Project Termination
    Myself (Project Lead)
    Acceptance of the Risk
Resources Required
    Funding:
    $10,000
    People:
    [1] Myself (Project Lead), [2] Contractor, [3] Apprentice I, and [4] Apprentice
    Equipment:
    [1] Various Construction Tools & Equipment
[2] Cements
[3] Paints
[4] Sand
[5] Stones
[6] Others Materials as per Plan
    Other:
    Not Applicable
Initial Stakeholder Identification
    Stakeholder
    Interest in Project
    Priority (High/Medium/Low)
    Project Sponsor
    Project Funding & Ownership
    High
    Project Lead
    Project Leadership, Management, and End-to-End Ownership
    High
    Contractor
    Implementation Support
    Medium
    Apprentice I
    Implementation Support
    Low
    Apprentice II
    Implementation Support
    Low
Team Operating Principles
· All of the personnel in the project team shall be required in exactly following their specific roles and be accountable for the list of tasks allocated to them
· In the instance of any conflicts between the personnel in the project team, project lead will possess complete discretion and authority for taking the final decision
· All of the personnel in the project team need to at all times work solely on the interest of project outcome and not personal interest.
Lessons Learned
· Comprehensive and suitable levels of planning for the project is very much essential to ensure the success of the project
· The overall documentation of project planning will be required for enforcing, controlling, monitoring / tracking, as well as completing project in an effective manner
· Learning documentation and other related records from projects completed in the past will be highly essential for supporting the execution of a project
Commitment
    Sponsor
    Department / Organisation
    Signature
    My Parents (Sponsors)
    
    
    Project Manager
    Department / Organisation
    Signature
    Myself (Project Lead)
    
    
    Core Team Member/s
    Department/ Organisation
    Signature
    
Contractor
    
    
    Apprentice I
    
    
    Apprentice II
    
    
Topic 2: Communication plan, WBS, and RACI
Stakeholder Prioritization Matrix
    Stakeholder:
    What is the stakeholder’s main interest?
    Power
    Interest
    Influence
    Impact
    Urgency
    Legitimacy
    Total
    Priority (a score of 6 - 9 = low, 10 to 14 = medium, 15 to 18 = high))
    Project Lead
    Project Funding & Ownership
    3
    3
    3
    3
    3
    3
    18
    High
    Project Lead
    Successful completion of the project and delivery of project meeting all expectations of quality / cost / time related goals
    3
    3
    3
    3
    3
    3
    18
    High
    Contractor
    Effective support and successful delivery of all renovation tasks as part of this project
    2
    2
    2
    2
    2
    2
    12
    Medium
    Apprentice I
    Effective support and successful delivery of all renovation tasks as part of this project
    1
    1
    1
    1
    1
    1
    6
    Low
    Apprentice II
    Effective support and successful delivery of all renovation tasks as part of this project
    1
    1
    1
    1
    1
    1
    6
    Low
    
    
    
    
    
    
    
    
    
    
Project Communications Matrix
    Stakeholder
    Learn From Stakeholder
    Share With Stakeholder
    Timing
    Method
    Owner (responsible for communication)
    Project Sponsor
    Not Applicable
    Not Applicable
    Not Applicable
    Direct & Physical Face-to-Face Discussion
    Project Lead
    Project Lead
    Project Tracking for Progress, Risks, Issues and Budget / Schedule Updates
    Not Applicable
    Daily Basis
    Direct & Physical Face-to-Face Discussion
    Project Lead
    Contractor
    Not Applicable
    Status of Specific Project Delivery Assigned and the Quality of the Outcome Delivered
    After Completion of Each Assigned Task
    Direct & Physical Face-to-Face Discussion
    Project Lead
    Apprentice I
    Not Applicable
    Status of Specific Project Delivery Assigned and the Quality of the Outcome Delivered
    After Completion of Each Assigned Task
    Direct & Physical Face-to-Face Discussion
    Project Lead
    Apprentice II
    Not Applicable
    Status of Specific Project Delivery Assigned and the Quality of the Outcome Delivered
    After Completion of Each Assigned Task
    Direct & Physical Face-to-Face Discussion
    Project Lead
Work Breakdown Structure
Renovation Project: Project to plan and implement complete renovation
    WBS Code
    ACTIVITY NAME
    PREDECESSOR
    1
    Charter signed off
     
    2
    Purchase supplies
    1
    3
    Shutters
     
    3.1
    Repair shutters
    2
    3.2
    Paint shutters
    3.1
    3.3
    Hang shutters
    3.2
    4
    Porch
     
    4.1
    Repair porch
    2
    4.2
    Paint porch
    4.1
    5
    Floor
     
    5.1
    Repair floor
    2
    5.2
    Sand floor
    5.1
    5.3
    Refinish (paint) floor
    5.2
    6
    Painting
     
    6.1
    Paint ceilings
    5
    6.2
    Paint doors
    6.1
    6.3
    Paint interior walls
    6.2
    6.4
    Paint exterior walls
    2, 3 & 4
    7
    Windows
     
    7.1
    Wash exterior windows
    2, 4.2 & 6.4
    7.2
    Wash interior windows
    2, 6.3
    7.3
    Hang curtains
    2, 6.2, 7.2
    8
    Project completion
    7.3
The RACI chart
    WBS Code
    ACTIVITY NAME
    Project Sponsor
    Project Lead
    Contractor
    Apprentice I
    Apprentice II
    1
    Charter signed off
    -
    R / A
    I
    I
    I
    2
    Purchase supplies
    -
    R / A
    -
    -
    -
    3
    Shutters
    
    
    
    
    
    3.1
    Repair shutters
    -
    A
    R
    -
    -
    3.2
    Paint shutters
    -
    A
    -
    R
    -
    3.3
    Hang shutters
    -
    A
    -
    -
    R
    4
    Porch
    
    
    
    
    
    4.1
    Repair porch
    -
    A
    R
    -
    -
    4.2
    Paint porch
    -
    A
    -
    R
    -
    5
    Floor
    
    
    
    
    
    5.1
    Repair floor
    -
    A
    -
    -
    R
    5.2
    Sand floor
    -
    A
    -
    -
    R
    5.3
    Refinish (paint) floor
    -
    A
    -
    R
    -
    6
    Painting
    
    
    
    
    
    6.1
    Paint ceilings
    -
    A
    -
    R
    -
    6.2
    Paint doors
    -
    A
    -
    R
    -
    6.3
    Paint interior walls
    -
    A
    -
    R
    -
    6.4
    Paint exterior walls
    -
    A
    -
    R
    -
    7
    Windows
    
    
    
    
    
    7.1
    Wash exterior windows
    -
    A
    -
    -
    R
    7.2
    Wash interior windows
    -
    A
    -
    -
    R
    7.3
    Hang curtains
    -
    A
    -
    -
    R
    8
    Project completion
    -
    A / R
    -
    -
    -
Topic 3: Time management and Cost Management
AoN
Time estimation
    WBS Code
    ACTIVITY NAME
    PREDECESSOR
    Duration
    Explanation on the Duration
    1
    Charter signed off
     
    0
    On basis of the dependencies between the tasks, timeline that is available and planed, which is 2 weeks from the start date desired (01 of June), planning of project schedule, and by using expert judgment approach
    2
    Purchase supplies
    1
    7
    On basis of the dependencies between the tasks, timeline that is available and planed, which is 2 weeks from the start date desired (01 of June), planning of project schedule, and by using expert judgment approach
    3
    Shutters
     
     
     
    3.1
    Repair shutters
    2
    3
    On basis of the dependencies between the tasks, timeline that is available and planed, which is 2 weeks from the start date desired (01 of June), planning of project schedule, and by using expert judgment approach
    3.2
    Paint shutters
    3.1
    1
    On basis of the dependencies between the tasks, timeline that is available and planed, which is 2 weeks from the start date desired (01 of June), planning of project schedule, and by using expert judgment approach
    3.3
    Hang shutters
    3.2
    1
    On basis of the dependencies between the tasks, timeline that is available and planed, which is 2 weeks from the start date desired (01 of June), planning of project schedule, and by using expert judgment approach
    4
    Porch
     
     
     
    4.1
    Repair porch
    2
    7
    On basis of the dependencies between the tasks, timeline that is available and planed, which is 2 weeks from the start date desired (01 of June), planning of project schedule, and by using expert judgment approach
    4.2
    Paint porch
    4.1
    3
    On basis of the dependencies between the tasks, timeline that is available and planed, which is 2 weeks from the start date desired (01 of June), planning of project schedule, and by using expert judgment approach
    5
    Floor
     
     
     
    5.1
    Repair floor
    2
    7
    On basis of the dependencies between the tasks, timeline that is available and planed, which is 2 weeks from the start date desired (01 of June), planning of project schedule, and by using expert judgment approach
    5.2
    Sand floor
    5.1
    3
    On basis of the dependencies between the tasks, timeline that is available and planed, which is 2 weeks from the start date desired (01 of June), planning of project schedule, and by using expert judgment...
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