Individual Draft Project Schedule and Budget This is your opportunity to submit a draft version of your project schedule and budget for review prior to submitting it for a grade Complete your detailed schedule and budget Develop your plan to execute the project The plan should communicate the scope, schedule, budget, and resource requirements for the project The needs of the project will determine which components of the project plan are required For this assignment, the following elements are required Regarding the assignment for Optimized and Baselined Schedule and Budget, the goal here is for you to build a detailed schedule and budget that could be used to execute the project that you have been working on individually For each baseline, the instructor will be looking for the following items Scope Baseline Is all of the work of the product and project included in the WBS Are there Summary and Detail tasks and have you decomposed the WBS to at least a level 3 or 4 such that you can accurately estimate work effort and duration as well as determine the resource skill sets that will be required for the project Do you have milestones for each work package under a Summary task Schedule Baseline Have you estimated the work effort (hours needed to complete a task), as well as the duration (work periods ) for each Detail task in the WBS Is there a start and finish date for every Detailed task in the WBS Have you identified the relationship between the project activities by assigning a predecessor(s) to every Detail task in the WBS Have you optimized the schedule by identifying tasks that can run in parallel and assigned Start to Start dependencies for these detail tasks Have you provided a Gantt Chart to help you in communicating the schedule to the stakeholders Cost Baseline Is there a resource assigned to every Detail task in the WBS signifying the person or role accountable for the activity described (Hint do not use groups It is not best practice because you want to be able to hold just one or two people at the most accountable for a task If you have trouble doing this, it probably indicates that you need to further decompose the task into smaller pieces of work Have you accounted for all of the resources required for the project including work (people) resources, material resources and cost resources Are all of the resources assigned to a Detail task and do the work resources have rates assigned for budgetary purposes Have you optimized by smoothing the workload for each resource across the PMLC and assured that no resource is over allocated Performance Baseline Have you saved your plan (baselined) so that once the work begins you can update the plan as to scope, schedule and cost and compare the plan to actuals The finished product should be a document from which you could run your project The assignment should be prepared using Microsoft Project, Excel or another software of your choice as long as you can make it accessible to the instructor for grading purposes If you have an issue accessing Microsoft Project please contact the HelpDesk by entering a ticket and copy me MS project can only be used in Microsoft Windows Operating Systems If you use a MAC you will have to use Excel to create your schedule, Gantt chart and budget Analyze the Project Plan you developed for any areas where changes can be made that will optimize the schedule for time, cost and resourcing Identify which steps you will take to attempt to shorten your project finish date and decrease project costs, using schedule optimization strategies Update your project plan accordingly Identify any over allocated resources and make changes as needed Note When you are satisfied that you have done your best to create the most efficient plan possible, save the baseline for the project plan so that you have a point in time to measure progress against and variances can be analyzed as the project progresses Refer to the rubric provided Each of the sections of the plan will be evaluated for completeness and quality (i e , realistic content) as it relates to your project Note MS Project software is available to PC users at no additional cost through the University You may choose to use this software to complete this assignment, but it is not a requirement The optional text of Dynamic Scheduling With Microsoft Project 2013 is a good resource for using the MS Project software Multiple video learning modules for MS Project are also available to you in LinkedIn Learning Consider how you might approach getting your organization to revise their Project Management Plan format to ensure it meets PMBOK minimum best practices

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Individual | Draft Project Schedule and Budget This is your opportunity to submit a draft version of your project schedule and budget for review prior

Individual | Draft Project Schedule and Budget

This is your opportunity to submit a draft version of your project schedule and budget for review prior to submitting it for a grade.

Complete your detailed schedule and budget:

Develop your plan to execute the project. The plan should communicate the scope, schedule, budget, and resource requirements for the project. The needs of the project will determine which components of the project plan are required. For this assignment, the following elements are required:

Regarding the assignment for Optimized and Baselined Schedule and Budget, the goal here is for you to build a detailed schedule and budget that could be used to execute the project that you have been working on individually. For each baseline, the instructor will be looking for the following items:

Scope Baseline:

Is all of the work of the product and project included in the WBS?
Are there Summary and Detail tasks and have you decomposed the WBS to at least a level 3 or 4 such that you can accurately estimate work effort and duration as well as determine the resource skill sets that will be required for the project.
Do you have milestones for each work package under a Summary task?

Schedule Baseline:

Have you estimated the work effort (hours needed to complete a task), as well as the duration (work periods ) for each Detail task in the WBS?
Is there a start and finish date for every Detailed task in the WBS?
Have you identified the relationship between the project activities by assigning a predecessor(s) to every Detail task in the WBS?
Have you optimized the schedule by identifying tasks that can run in parallel and assigned Start-to-Start dependencies for these detail tasks?
Have you provided a Gantt Chart to help you in communicating the schedule to the stakeholders?

Cost Baseline:

Is there a resource assigned to every Detail task in the WBS signifying the person or role accountable for the activity described? (Hint: do not use groups. It is not best practice because you want to be able to hold just one or two people at the most accountable for a task. If you have trouble doing this, it probably indicates that you need to further decompose the task into smaller pieces of work.
Have you accounted for all of the resources required for the project including work (people) resources, material resources and cost resources. Are all of the resources assigned to a Detail task and do the work resources have rates assigned for budgetary purposes?
Have you optimized by smoothing the workload for each resource across the PMLC and assured that no resource is over-allocated?

Performance Baseline:

Have you saved your plan (baselined) so that once the work begins you can update the plan as to scope, schedule and cost and compare the plan to actuals?
The finished product should be a document from which you could run your project.

The assignment should be prepared using Microsoft Project, Excel or another software of your choice as long as you can make it accessible to the instructor for grading purposes. If you have an issue accessing Microsoft Project please contact the HelpDesk by entering a ticket and copy me. MS project can only be used in Microsoft Windows Operating Systems. If you use a MAC you will have to use Excel to create your schedule, Gantt chart and budget.

Analyze the Project Plan you developed for any areas where changes can be made that will optimize the schedule for time, cost and resourcing.

Identify which steps you will take to attempt to shorten your project finish date and decrease project costs, using schedule optimization strategies. Update your project plan accordingly. Identify any over-allocated resources and make changes as needed.

Note. When you are satisfied that you have done your best to create the most efficient plan possible, save the baseline for the project plan so that you have a point in time to measure progress against and variances can be analyzed as the project progresses.

Refer to the rubric provided. Each of the sections of the plan will be evaluated for completeness and quality (i.e., realistic content) as it relates to your project.

Note. MS Project software is available to PC users at no additional cost through the University. You may choose to use this software to complete this assignment, but it is not a requirement. The optional text of Dynamic Scheduling With Microsoft Project 2013 is a good resource for using the MS Project software. Multiple video learning modules for MS Project are also available to you in LinkedIn Learning.

Consider how you might approach getting your organization to revise their Project Management Plan format to ensure it meets PMBOK minimum best practices.