PMM-120-1-F1 Project Management Assignment 2
MODULE ASSIGNMENT NO.2
Module: Project Management
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Resource material: |
Chapter 5, 6, 7 & 8 in the Project Management Module Textbook |
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Mark: |
79 Marks |
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Class mark: |
Contributes to class mark: 50% |
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Module code: |
PMM-120-1 |
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Assessment code: |
PMM-120-1-F1 |
How to submit your assignment for marking
Specific procedures should be followed when submitting an assignment for marking.
On the first page of your assignment the following information must be included as per the illustration below.
Module name: Project Management
Module code: PMM-120-1
Assessment code: PMM-120-1-F1
Student name: <insert your full name and surname>
Student number: <insert your student number>
On the second page of your assignment, include the following plagiarism declaration:
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Plagiarism Declaration
Name: < insert your full name> Date: < insert date> |
Read the scenario below. Answer the questions that follow.
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Scenario… You have been asked to manage a large, society wedding taking place on the 14th of April 2020. There are going to be 2 000 guests coming from many parts of the world, lavish displays of flowers, music and entertainment, sightseers, media representatives and many other things to plan for and manage. No children are allowed. You would need a lot of management help, and that would involve delegating parts of the project to experts. To manage the wedding project, the following important parts of the wedding have been identified.
The wedding project will be used throughout the remainder of Assignment No. 2 and in the assignments to follow. QUESTION 1 THE PLANNING PHASE: WORK BREAKDOWN STRUCTURE (WBS) [20 MARKS] 1.1 Select an appropriate Work Breakdown Structure (WBS). Using the Work Breakdown Structure divide the project into its relevant work packages with a numbering system. (20)
QUESTION 2: THE PLANNING PHASE: PROJECT SCHEDULING [22 MARKS] 2.1 Design a network diagram. (10)
2.2 Calculate the start and finish dates for each project activity. (10)
2.3 Explain the benefits of using milestones and hammock activities in project planning. (2) QUESTION 3: THE PLANNING PHASE: PLANNING PROJECT RESOURCE REQUIREMENTS [14 MARKS] 3.1 Describe the types of organisation structures used to manage projects. (3) 3.2 Provide a forecast for resource loading. (5)
3.3 Will this project benefit from applying line of balance scheduling. (Motivate) (2) 3.4 Explain how you can plan for procurement using a procurement schedule. (2) 3.5 Read the additional information below, then identify and describe the type of project contract applicable to this project. (2) The project manager receives quotations from all the various service providers who will be working on this project. The quotation is for material, services, labour and includes their profit margin. The project sponsor agrees to the specification that 50% of the quotation amount must be paid upfront. The remaining 50% will be paid after quality inspections and sign-off. QUESTION 4: THE PLANNING PHASE: COST, ESTIMATING, BUDGETING and CASH FLOW [23 MARKS] 4.1 List the work content elements that you would need to consider for the following project tasks. (6)
4.2 Prepare a project cost budget and project price for the project illustrated by the data below: (7)
4.3 Develop a cash flow forecast. (10)
A reminder that 50% of the quotation amount must be paid upfront. The remaining 50% will be paid at the end of each milestone, after quality inspections and sign-off. Important project milestones are: Start date – July 2019 All WBS tasks must be completed by 14 April 2020.
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