Assignment 3 Part 1 (40 marks) Guidelines:
Part 1 Task
Your task for this part of the assessment item is to answer the following two questions. Each question will carry equal (20 marks) and your answer for each question should be around 1000 words:
Question1: Identify five common project risk strategies employed to address threats that your project may face. Give an example of each. (1000 words)
Question2: Projects are often completed late. Describe the techniques you would use as a project manager to improve the accuracy and reliability of your project schedule. (1000 words)
Assignment 3 Part 2 (60 marks) Guidelines:
Part 2 Task (60 Marks)
This assignment should be submitted as a project plan for approval. Please follow the following structure while preparing the plan.
1. Introduction/ Background
2. Business Objective
3. Scope
List the major scope items and what is out of scope.
4. Preliminary Project Requirements
Include WBS from MS Project. WBS should only contain the executing phase activities as per the activities given in the assignment case study specifications. No need to include Imitating, Planning and Closing phases in the WBS.
TASK: Transaction Processor
TASK: Price and Inventory File
TASK: Inventory management
TASK: Communications
TASK: Documentation
TASK: Alpha Test
Task: Beta Test
5. Resource Allocation
Include resource sheet from MS Project
6. Network Diagram
Include network diagram from MS project, clearly showing the critical path, include multiple screenshots in the word document to clearly show all activities and dependencies.
7. Budget Estimate
Provide budget extracted from MS Project
8. Schedule Estimate
Provide Gantt Chart from MS Project. Make sure you include dependencies (Finish to Start, Start to Start and Start to Finish) in order to complete the project within 130-150 days
9. Potential Risks (3- Negative Risk and 1 Positive Risk)
In the form of a risk register as per the format and example below
10. Conclusion