torrens proj6002 project planning and budgeting previous stages

Task:
Successful completion of this assessment will result in achievement of the following subject learning outcomes:
1. Evaluate and apply a range of project scope, cost and time management planning techniques and practices to address the needs of complex project briefs, including global, paying particular attention to issues impacting project outcomes.
2. Present and justify budgetary and planning outcomes to a globally diverse range of stakeholders who represent competing interests in order to obtain agreement and commitment to action.
3. Apply quality management planning tools and techniques to achieve expected project outcomes.

Part A: Module Discussion Activity
Defining project quality and its association to project cost management
How do you define quality in a project? Describe tools/techniques you think are a necessity for planning a projects quality management and how to implement them. Explain how the project cost can be affected by poor quality and give some examples from the given case study.
Assessment 1-Part B
1-1) Scope management planning
Describe the entire scope of the work including project background, a list of specific project goals, deliverables, constraints and assumptions, and additional milestones.
Create Work Breakdown Structure (at least three levels) for the project. It is pertinent to mention that the project name is considered as the level zero.
1-2) Project scheduling
Construct an original Gantt chart for the project using project activities given in Table 1.
Conduct a critical path analysis and carefully apply the 3-point estimate technique on identified critical activities to develop an estimated project schedule. It is assumed that the critical activities can be completed 20% faster in a risk-free environment. On the other hand, without an appropriate risk management, the durations of critical activities creep by 40%
Perform a final schedule analysis using the results obtained from project scheduling conducted in the previous stages.
Assessment 2-Part B
2-1) Cost management planning
Apply a diverse set of cost estimating tools to justify the cost of activities
Develop and aggregate the cost of resources needed to complete each activity and determine the detailed budget of the project. Your cost estimate must incorporate at least two resources given in Table 3 for each given activity. Both cost estimate and a budget baseline must be produced in alignment with the estimated project schedule.
Develop the cost management planning components of your Cost Management Plan.
The cost management plan must include Earn Value Analysis (EVA) as a compulsory cost control tool to be utilised along with other cost control tools in this project. The application of EVA must be clearly demonstrated.

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