Project Planning

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

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Assignment 2: Team 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 cost baseline within

the project planning phase. These exercises mimic actual situations one could expect to occur

between the project manager and their sponsor or key stakeholders. Its assessments are

directed toward measuring mastery in synthesis of information, proper classifications, critical

thinking, and attention to detail, explanations, and professional acumen.

Given the information provided for your assigned rocket assembly project (See Course Resources):

 Develop the cost management plan for your assigned rocket assembly project.

 Develop the human resource management plan your assigned rocket assembly project.

 Develop the procurement management plan 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 Team Assignment:

 To submit your Unit 3 Team assignment, have one person designated by the team

upload all assignment documents to the Unit 3 Assignment 2 Dropbox. Make sure that

you have saved a copy of each of the tools to submit for this assignment.

 Each team member must submit a peer evaluation individually to your Unit 3

Assignment 2 Dropbox.

GM592 Unit 3 Team Assignment: 50 Points Points

Possible

Points

Earned

Content (0-30 points)

1. Tool Development (Cost Management Plan)

a) Units of measure. Each unit used in measurements (such as staff hours, staff days, weeks for time measures; or meters, liters, tons, kilometers, or cubic yards for quantity measures; or lump sum in currency form) is defined for each of the resources.

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b) Level of precision. The degree to which activity cost estimates will be rounded up or down (e.g., US $100.49 to US $100, or US $995.59 to US $1,000), based on the scope of the activities and magnitude of the project

c) Level of accuracy. The acceptable range (e.g., :10%) used in determining realistic activity cost estimates is specified, and may include an amount for contingencies

d) Process that specifies how formal acceptances of the completed project deliverables will be obtained?

e) Process to control how requests for changes to the detailed scope statement will be processed as defined in the Integrated Change Control process (PMBOK section 4.5)?

f) Organizational procedures links. The W BS component used for the project cost accounting is called the control account. Each control account is assigned a unique code or account number(s) that links directly to the performing organizations accounting system.

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

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g) Control thresholds. Variance thresholds for monitoring cost performance may be specified to indicate an agreed—upon amount of variation to be allowed before some action needs to be taken. Thresholds are typically expressed as percentage deviations from the baseline plan.

h) Rules of performance measurement. Earned value management (EVM) rules of performance measurement are set.

i) Reporting formats. The formats and frequency for the various cost reports are defined.

j) Process descriptions. Descriptions of each of the other cost management processes are documented.

2. Tool Development (Human Resource Management Plan)

a) Roles and responsibilities of assigned skill sets?

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i) Role?

ii) Authority?

iii) Responsibility?

iv) Competency?

b) Project organization charts?

c) Staffing management plan?

i) Staff acquisition?

ii) Resource calendars?

iii) Staff release plan?

iv) Training needs?

v) Recognition and rewards?

vi) Compliance?

vii) Safety?

3. Tool Development (Procurement Management Plan)

a) Procurement management approach? Identifies the necessary steps and responsibilities for procurement from the beginning to the end of a project.

b) Procurement definition? Describes, in specific terms, what items will be procured and under what conditions.

c) Type of contract to be used? Describes the type of contract to be used so the contracts and purchasing department can proceed accordingly.

d) Procurement risks? Identifies any potential risks associated with procurement for the project.

e) Procurement risk management? Describes how risks related specifically to procurement activities will be managed.

f) Cost determination? Describes how costs will be determined and if/how they will be used as part of the selection criteria (RFQ, RFP, RFB).

g) Standardized procurement documentation? Describes what standard procurement documentation will be used as part of the procurement (Organizational procurement forms).

h) Procurement constraints? Describes any constraints which must be considered as part of the project’s procurement management process.

i) Contract approval process? Defines the process through which contracts must be approved.

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

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j) Decision criteria? Defines the criteria used by the contract review board to decide on what contract(s) to award.

k) Vendor management? Describes the roles and actions the project team and purchasing and contracts department will take

l) Performance metrics for procurement activities? Describes the metrics to be used for procurement activities associated with the project.

Analysis (0-11 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. 4

Critical thinking includes appropriate judgments, conclusions and assessment based on evaluation and synthesis of information. 4

Writing (0-9 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).

3

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.

3

Peer Evaluation

Minus points lost on Peer Evaluation (15= 0, 14= -1, 13= -2, etc.) 0

Total 50