640
2 years ago 20
SymeshiaLiasunit2.mpp
PMG640Unit4Assignment_MSProject31.pdf
SymeshiaLiasunit2.mpp
PMG640Unit4Assignment_MSProject31.pdf
Due Date: Sunday by 11:59pm
Total Points: 100
Overview: For this assignment, you will use the document you submitted as Assignment MODULE 2 to complete this assignment. By this, I mean that you should integrate the components of this assignment into that document, and then submit the updated document as Assignment Module 4. If you are unclear on this point, please post your question into the 'Ask the Professor' thread.
Instructions: Now, here are the instructions:
1. Update any previous work based on the feedback that I gave you as part of Assignment MODULE 2. Failure to do so can result in loss of credit.
2. Create a cost baseline statement and insert into document. 3. Perform a reserve analysis, using either EMV, PERT, or both, to determine how much to
request for a reserve fund (show work in appendix of document) (For those who choose to do an EMV, you will need to do a brief risk analysis of your chosen project). It is imperative that you provide a basis for your reserve estimate.
4. Create a statement of how much reserve you will be requesting, summarize how you determined the amount you requested, and provide a brief explanation for how these funds will be used and who can authorize the use of them
5. Using the estimates from your MS Project file and your reserves analysis, create a funding request for your project. This should be a statement that identifies the total amount needed, but differentiates between the costs associated with the project and the reserves request
6. Based on your project schedule in the MS Project file, create a funding schedule. You can do this by date or milestone. You could choose to use the following simple table headers: column 1 -- Date or milestone; column 2 -- amount; column 3 -- aggregate amount
7. Be sure to update any previous sections of your document based on the information you developed this week. For instance, your summary budget will most likely need to be updated to account for the PM processes, if you did not account for that previously
PMG640 – Project Scheduling and Cost Planning
Unit 4 Assignment: MS Project #3
Requirements:
• Use MS Project to complete your assignment.
• Save your files using the following filename convention:
o MSProject3 – FirstName_LastName
Be sure to read the criteria, by which your paper/project will be evaluated, before you write, and again after you write.
Evaluation Rubric for Unit 4: MS Project #3 Assignment
CRITERIA Deficient
Needs
Improvement Proficient
Exemplary
0 – 15 Points 16 – 19 Points 20 – 24 Points 25 Points
EMV Reserve justifications have no basis based on estimations but some justifications provided.
Justifications for
reserve fund are
based on clear
estimations using
EMV calculations and
or PERT. Some of the
estimations
incomplete and
justifications are
partially complete.
Justifications for
reserve fund are
based on clear
estimations using
EMV calculations
and or PERT.
Some of the
estimations are
complete and
matches the
justifications.
Justifications for reserve fund are based on clear estimations using EMV calculations and or PERT. The estimations are complete and matches the justifications.
Milestones All activities are Sequenced using the predecessors’ column without a closed network diagram. At least 1-2 of your tasks relationships must be different than Finish to Start.
All activities are Sequenced using the predecessors’ column without a closed network diagram. At least 3 of your tasks relationships must be different than Finish to Start.
All activities are Sequenced using the predecessors’ column with a closed network diagram. At least 3 of your tasks relationships must be different than Finish to Start.
All activities are Sequenced using the predecessors’ column with a closed network diagram. At least 4 of your tasks relationships must be different than Finish to Start.
Cost Baseline Cost baseline do not include at most of activity cost estimates and when added up and does not equals the cost baseline.
Cost baseline include at least 80 percent of activity cost estimates and when added up equals the cost baseline.
Cost baseline include all activity cost estimates and when added up equals the cost baseline.
Cost baseline include all activity cost estimates and when added up equals the cost baseline and contingencies.
Summary Budget Summary budget partially updated to include cost baselines estimates.
Summary budget 50 - 70 %l updated to include cost baselines estimates.
Summary budget 80 %l updated to include cost baselines estimates.
Summary budget fully updated to include cost baselines estimates.
Copyright Statement Post University’s courses contain copyrighted resources created by the University, licensed from
various third parties, or unless otherwise noted. In compliance with U.S. Copyright Law, these
resources may not be reproduced, revised, or distributed without the written permission of Post
University. Students found to be in violation of this policy are subject to civil and criminal liabilities
associated with the Federal Copyright Act and risk dismissal from the university under the Academic
Dishonesty policy. Unless otherwise noted, access to these materials is limited to the duration of
the course. Students should contact the library (library@post.edu) for information on which
resources can be printed.
SymeshiaLiasunit2.mpp
PMG640Unit4Assignment_MSProject31.pdf
Due Date: Sunday by 11:59pm
Total Points: 100
Overview: For this assignment, you will use the document you submitted as Assignment MODULE 2 to complete this assignment. By this, I mean that you should integrate the components of this assignment into that document, and then submit the updated document as Assignment Module 4. If you are unclear on this point, please post your question into the 'Ask the Professor' thread.
Instructions: Now, here are the instructions:
1. Update any previous work based on the feedback that I gave you as part of Assignment MODULE 2. Failure to do so can result in loss of credit.
2. Create a cost baseline statement and insert into document. 3. Perform a reserve analysis, using either EMV, PERT, or both, to determine how much to
request for a reserve fund (show work in appendix of document) (For those who choose to do an EMV, you will need to do a brief risk analysis of your chosen project). It is imperative that you provide a basis for your reserve estimate.
4. Create a statement of how much reserve you will be requesting, summarize how you determined the amount you requested, and provide a brief explanation for how these funds will be used and who can authorize the use of them
5. Using the estimates from your MS Project file and your reserves analysis, create a funding request for your project. This should be a statement that identifies the total amount needed, but differentiates between the costs associated with the project and the reserves request
6. Based on your project schedule in the MS Project file, create a funding schedule. You can do this by date or milestone. You could choose to use the following simple table headers: column 1 -- Date or milestone; column 2 -- amount; column 3 -- aggregate amount
7. Be sure to update any previous sections of your document based on the information you developed this week. For instance, your summary budget will most likely need to be updated to account for the PM processes, if you did not account for that previously
PMG640 – Project Scheduling and Cost Planning
Unit 4 Assignment: MS Project #3
Requirements:
• Use MS Project to complete your assignment.
• Save your files using the following filename convention:
o MSProject3 – FirstName_LastName
Be sure to read the criteria, by which your paper/project will be evaluated, before you write, and again after you write.
Evaluation Rubric for Unit 4: MS Project #3 Assignment
CRITERIA Deficient
Needs
Improvement Proficient
Exemplary
0 – 15 Points 16 – 19 Points 20 – 24 Points 25 Points
EMV Reserve justifications have no basis based on estimations but some justifications provided.
Justifications for
reserve fund are
based on clear
estimations using
EMV calculations and
or PERT. Some of the
estimations
incomplete and
justifications are
partially complete.
Justifications for
reserve fund are
based on clear
estimations using
EMV calculations
and or PERT.
Some of the
estimations are
complete and
matches the
justifications.
Justifications for reserve fund are based on clear estimations using EMV calculations and or PERT. The estimations are complete and matches the justifications.
Milestones All activities are Sequenced using the predecessors’ column without a closed network diagram. At least 1-2 of your tasks relationships must be different than Finish to Start.
All activities are Sequenced using the predecessors’ column without a closed network diagram. At least 3 of your tasks relationships must be different than Finish to Start.
All activities are Sequenced using the predecessors’ column with a closed network diagram. At least 3 of your tasks relationships must be different than Finish to Start.
All activities are Sequenced using the predecessors’ column with a closed network diagram. At least 4 of your tasks relationships must be different than Finish to Start.
Cost Baseline Cost baseline do not include at most of activity cost estimates and when added up and does not equals the cost baseline.
Cost baseline include at least 80 percent of activity cost estimates and when added up equals the cost baseline.
Cost baseline include all activity cost estimates and when added up equals the cost baseline.
Cost baseline include all activity cost estimates and when added up equals the cost baseline and contingencies.
Summary Budget Summary budget partially updated to include cost baselines estimates.
Summary budget 50 - 70 %l updated to include cost baselines estimates.
Summary budget 80 %l updated to include cost baselines estimates.
Summary budget fully updated to include cost baselines estimates.
Copyright Statement Post University’s courses contain copyrighted resources created by the University, licensed from
various third parties, or unless otherwise noted. In compliance with U.S. Copyright Law, these
resources may not be reproduced, revised, or distributed without the written permission of Post
University. Students found to be in violation of this policy are subject to civil and criminal liabilities
associated with the Federal Copyright Act and risk dismissal from the university under the Academic
Dishonesty policy. Unless otherwise noted, access to these materials is limited to the duration of
the course. Students should contact the library (library@post.edu) for information on which
resources can be printed.