TO AROKA ONLY- 3 ASSIGNMENTS BY SUNDAY AT 3 PM EST

Module 05 Course Project - Finalize Project Schedule and Mitigate Any Delays

Using the results of your work from week two project Identify Overall Scope/ Analysis of Unexpected Results; two additional events will be introduced. You will again analyze the impact of these events to the final project.

In a 2- page Word document, discuss your analysis on the following events:

1. It is discovered the refrigerated module is too large for the designed refrigerated backpack pouch. What is your course of action?

2. The subcontractor assigned to build the radio module for the backpack has shut down. What is your course of action?

In your analysis, you should discuss four areas affected by these unexpected events. Three of the areas of the project affected by the events should include changes to budget, human capital, and impact to schedule, and identify one additional area affected by these events.

MAKE SURE YOU GO INTO GREAT DETAIL ON EACH AREA- AND IF USING BULLET POINTS- DETAIL EACH POINT!

WEEK 2 ASSIGNMENT IS BELOW

PROJECT SCOPE STATEMENT

Written by: Toni Stewart

Date: October 16, 2016

Position Held: Project Manager

PROJECT OBJECTIVE

The overall goal of the project is to design, develop, produce and deliver Backpacks which have built in refrigerated pouch and radio module.

DELIVERABLES

Project Description

The project is initiated by a won contract from U.S. Army, Ground Forces, and Special Operations. It's a one year and a half duration contract with a projected contract price of $1,500,000. The delivery schedule is divided into three deliveries; the first one occurring twelve months after the contract award date, then the other two follow one after the other in an interval of three months.

Project Assumptions

· It is assumed that the

· It is assumed that there will be no inflation during the contract period.

· That the buyer will make payments on and as agreed.

Project goals

· To earn revenue for the company.

· Deliver quality products to the buyer

· To give customer satisfaction through customer care and timely delivery.

Project constraints (if any)

· Sources of finance are constrained since there are no other mentioned sources to start the project.

Project limitations

· The project is limited to the contract amount that is $1,500,000

· Given that the contract was awarded on 1 Sep 2015, A three-month delay on customer funds would compromise our first delivery schedule.

Project milestones

· First delivery: September 1, 2016

· Second delivery: December 1, 2016

· Last delivery: March 1, 2017

· First milestone payment (from customer): October 30, 2015

· Second Milestone Payment: January 30, 2017

· Final Milestone payment: May 30, 2017

· Initial Program review (at the client's site): November 16, 2015

· Subsequent Program Reviews: 6 months after the initial review

Project risks (initial assessment)

· Financial risks

· Inflation risk

· Delay risk

TECHNICAL REQUIREMENTS

· On-time delivery for the three stated product deliverables

· Desire to complete the total program under the stated budget of $1,500,000

· All milestones accomplished by due dates listed

· Supplemental (follow-on) contract for future additional units (backpacks)

LIMITS AND EXCLUSIONS

· List all limits and or exclusions to the project

· The milestones will not be accomplished by listed due date because of the unexpected events occurring.

CUSTOMER REVIEW

· The client is supposed to review the quality of the products delivered to his or her company.

Unexpected events and their impacts

Oct 15, 2015, Customer notifies you that the first milestone payment will be three months delayed. What is your course of action? The optimal course of action is to secure another source of finance like so as not to delay the project's start time. The source of funding can be sales credit from another supplier since we are not sure about the financial position of the company.

March 15, 2016. The material pattern for the backpack will not be available to meet your initial production start date. What’s your course of action? Change the initial delivery schedule due to the change in material availability for the first delivery. I must notify the executive and the customer about the unexpected change in schedule so that we allow time to get a good flow of primary materials from another supplier or until the current provider sorts the supply issues.

May 15, 2016, Customer notifies you they would like to increase the initial delivery from 100 backpacks to 150. What's your course of action? An increase in the initial delivery quantity necessitates an increase in the factors of production. An additional budget will be required to increase materials and human capital.