Sim335: Managing Projects - Elements Assessment Answer

Assignment Task:

Background:
The assignment is intended to bring out the benefits and limitations of different approaches to project planning and control by relating these to the circumstances in the case outlined. It is also intended to allow students to demonstrate their learning and competence in respect of the management of resources generally but in particular elements of scope, schedule, quality, and cost. 

Task 1

1) List the four (4) stages of Project Life Cycle, and discuss the importance of the final stage. 

2) Through an example briefly explain the meaning of a Work Breakdown Structure (WBS). Why is it important to have such a structure?

3) Using the tables below, plot out a full Network Diagram for all projects and identify the critical path. How many days does it take to complete every project?
 
4) What is the importance of generating a project closeout report?
 
5) What is the purpose of Risk responses in Project Management? Identify and briefly discuss The Four (4) types of responses to risk.

6) Outline and explain the purpose of Quality audits. Identify the reasons why such methods (Project evaluation, Monitoring and Control) you would introduce to ensure a project is completed to the correct Quality standard.

Task 2: Case Study: 
“Pump Ltd” is an SME company specialising in the design and supply of pumps. The organisations they are commissioned by includes: Local Authorities, SME enterprises, and - on rare occasions - large global companies. The company has been particularly successful since it started trading in 2005. They trade from a single main warehouse next to the factory that also includes office accommodation (30,000 square meters). At present, the company employs 1 General Manager, 2 Assistant Managers, 3 Administration staff, 4 Design and Sales Staff, 3 supervisors, and 20 General Operations staff. 

As part of a strategy of expansion, “Pump Ltd” has employed you as a Project Manager to manage a one-off special project. This project is concerned with the opening of a building which they recently acquired (50,000 square meters). This new building will allow the company to target and respond to Asia and Middle-East markets for large demands for pumps and must be opened within a 9-month schedule using an investment budget of £750,000. Initially, the new staffing structure at the new building will mirror the existing structure at the existing site.
 
As Project Manager responsible for opening the new building for trade, you are required to prepare a report (2,300 words). From a Project management perspective outline the activities required to successfully manage this new initiative, ensuring that it is on time, and within budget. 

The analysis should include the skills and competencies required by the Project Manager, along with the project management process. Use examples of the concerns, Project Life Cycle stages, processes, and leadership, administration and control problems associated with managing the lifecycle of this major project

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