1. (i) Draw the framework of the Project life cycle and explain it
(ii) concepts of Business Project Management (time, cost and quality)
2. Explain in detail with charts, matrix, table wherever necessary for the following sub headings:
a) Time Management Plan using Gantt Chart showing the allocation of time for your project and
b) Prepare a matrix chart allocating people to jobs is essential.
3. Explain the work breakdown structure with a WBS Chart.
4. Prepare a cost plan showing the profit calculation and compare the cost with competitor analysis using any one of the following analyses (Payback, Period, NPV or IRR)
5. Explain the Change Management Plan and the Risk Management Plan with the help of a table.
Business Project Management
Introduction
- definition of Business Project Management (citation)
- concept of Time, Cost, and Quality (citation)
- give and explain the framework of Project Life Cycle (citation)
- Background of the coniagm and the project (should be a manufacturing company or construction company
2. Time Management Plan
- Choose one from the following:
- Gantt chart
- CPM
2 PERT
- definition of the time schedule (e.g. Gantt chart) you choose - Table or chart with detailed tasks of your project
- explanation of your table or chart
- Matrix chart allocating people of your project
3. Work Break-down Structure
- definition of Work break-down Structure - chart/table for WBS for your project
- explanation of your table/chart
4. Cost Management plan
- definition of cost estimation plan (citation) and explanation
- Table for the cost estimation plan - explanation of your table