Project Planning 3b

Unit 3 [GM592: Project Planning and the Project Plan]

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Assignment 1: Individual Assignment

This Assignment is designed to evaluate your ability to research, organize, and demonstrate

project data and financial information pertaining to the development of the feasibility study within

the project planning phase.

In this Assignment, you will be assessed on the following outcome:

GM592-3: Plan cost management with associated resources.

You are now in the third week of planning your rocket assembly project. Planning is moving right

along. You are in the process of pulling together the Cost Management Plan, your definitive cost

estimate, the project spend plan and baseline, your human resource management plan, and

your procurement management plan.

Given the information provided you for your assigned rocket assembly project (See Course

Resources):

 Construct a definitive cost estimate based on your definitive duration estimate for your

assigned rocket assembly project.

 Build a project spend plan with a graph of your cost baseline (Cumulative or S-Curve)

with your EAC identified for your assigned rocket assembly project.

 Ensure that your project documents address the criteria of the rubric below and follows the stated requirements.

Directions for Submitting your Individual Assignment:

 To submit your Unit 3 individual assignment, upload all assignment documents to the

Unit 3 Assignment 1 Dropbox. Make sure that you have saved a copy of each of the

tools to submit for this assignment.

 Be sure to upload all deliverables into the Unit 3 Assignment 1 Dropbox.

GM592 Unit 3 Individual Assignment: 40 Points Points

Possible Points Earned

Content (0-24 points)

1. Tool Development (Definitive Cost Estimate)

a) Durations reflect task totals that match with deliverables?

12 b) Sub-task totals properly calculated and rolled up?

c) Work packages are accurate and controllable?

d) W ork packages total to sub-tasks correctly?

Unit 3 [GM592: Project Planning and the Project Plan]

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e) Levels of effort reflect activity effort correctly?

f) Skill-sets totaled correctly?

g) Skill-set costs reflect rates and hour totals?

h) Duration total matches the total of all skill-sets?

2. Tool Development (Spend Plan w ith Baseline)

a) Reflects schedule planning increments (day/week/month)?

12

b) Incremental costs reflect labor/equipment/material costs (not counting indirect costs) and totaled incrementally as well as cumulatively?

c) Cumulative costs are depiction of total project costs?

d) Cumulative cost curve graph (S-curve graph)?

e) Cost baseline (S-Curve) based on total project cost?

f) Estimate at Completion (EAC) depicted on cost baseline graph?

Analysis (9 points) Response exhibits strong higher-order critical thinking and analysis (e.g., evaluation). Paper shows original thought. 3

Analysis includes proper classifications, explanations, comparisons and inferences. 3

Critical thinking includes appropriate judgments, conclusions and assessment based on evaluation and synthesis of information. 3

Writing (7 points) Grammatical skills are strong with typically less than one error per page. Correct use of APA when assigned. 3

Appropriate to the assignment, fresh (interesting to read), accurate, (no far-fetched, unsupported comments), precise (say what you mean), and concise (not wordy).

2

Project is in 12-point font. Narrative sections are double-spaced with a double space between. Project is free of serious errors; grammar, punctuation, and spelling help to clarify the meaning by following accepted conventions.

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Total 40