Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Following resources in selecting a real-life project as WESTERN SYDNEY AIRPORT. Introduction: Background of the project with project justification, Constraints and Objectives. Brief Project Charter

Following resources in selecting a real-life project as "WESTERN SYDNEY AIRPORT".

Introduction: Background of the project with project justification, Constraints and Objectives. Brief Project Charter required

Scope Management Plan: Identify processes, tools, and techniques to be used and documents to be developed for managing scope as per Project's requirements. Define Roles and Responsibilities for managing scope including methods of requirements elicitation and acceptance from stakeholders. Detailed plan including: Project Scope Statement Limits and Assumptions WBS structure (minimum of three levels) Work packages WBS dictionary (minimum 3 detailed) Graphical and outline format of WBS Control (cost) accounts Scope Validation and control Scope change control Change control boards (CCB) and roles and responsibilities

Schedule Management Plan: Identify processes, tools, and techniques to be used and documents to be developed as per your Project's requirements. Define roles and responsibilities in schedule management. Detailed plan including how activity duration are estimated (basics of estimation, durations, resources) and: Activities (activity list with adequate activity identification and duration based on the work packages defined) Activities Sequence Relationships (F_S, S_S, S_F, F_F) Lags and leads Milestone list Also include Schedule baseline details: Project network Gantt Chart Critical path(s) using MOST likely estimates with forward pass and backward calculations to show ES, EF, LS and LF of activities Describe how monitoring and controlling of the Schedule shall be done (EVA relevant to project schedule)

Schedule Management Plan: continued PERT Indicate most likely, optimistic and pessimistic durations for each activity and calculate the activity expected times for all activities. You need to demonstrate these steps: Optimistic and pessimistic durations Calculation of the activity expected times for all activities Calculation of Project expected time (TE) using activity expected times and CPM Calculation of activity standard deviations Calculation of activity variances Calculation of project variance and standard deviation and answerthe following questions: Project duration by 85% confidence Project duration by 99% confidence The probability of finishing the project 5% earlier than the original CPM duration The probability of finishing the project 10% earlier than the original CPM duration

Cost Management Plan: Identify processes, tools, and techniques to be used and documents to be developed as per your Project's requirements. Define roles and responsibilities in cost management. Mention estimating method (s): topdown, bottom-up Estimating techniques (analogous, parametric, three-point method) List Cost elements (labour, material, variable cost) Types of cost (direct, indirect, fixed, variable) and define activity and work package wise cost estimates. Include contingency reserves in the estimates Represent estimates in a timephased manner to represent it as the cost baseline. Describe how monitoring and controlling of the Costs shall be done (EVA relevant to project cost including forecasting and variances)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Retail Management A Strategic Approach

Authors: Barry Berman, Joel Evans, Patrali Chatterjee

13th Edition

0133796841, 9780133796841

More Books

Students also viewed these General Management questions

Question

7. How can an interpreter influence the utterer (sender)?

Answered: 1 week ago

Question

8. How can an interpreter influence the message?

Answered: 1 week ago