For this assignment, you will utilize a hypothetical scenario (Opening a women's fashion boutique in a leased commercial mall) to complete this assignment. This assignment will focus on two parts of a project management plan: Cost management plan and Quality management plan.
The Cost management plan is a component of the project management plan that describes how the project costs will be managed and controlled. This plan must include a cost baseline featuring the following:
- Work breakdown structure (WBS)
- Activity costs estimates
- Resource calendar
The Quality management plan is a component of the project management plan that describes how the organizations quality policies will be implemented. It describes how the project management team plans to meet the quality requirements set for this project. This plan must include the following:
- Affinity diagram or a process decision program chart.
- Control Quality
- Quality metrics.
Please ensure that you focus only on these two subsidiary plans of the project management plan. For any questions, please refer to section (7.1.3.1) and (8.1.3.1) in the (PMBOK Guide) for further guidance. Remember that this is a hypothetical scenario so please utilize any data to make your statements relevant.