ABS104 Fundamentals Of Project Management

Questions: LEARNING OUTCOMESOn successful completion of this assessment, students will be able to:• Demonstrate understanding of variances between projects and respective industries;• Understand the various stages of a project and their components;• Demonstrate an ability to use appropriate project planning tools;• Identify key dependencies and risks for project success.   GRADUATE ATTRIBUTES• Graduates are professional - display initiative and drive, and use their organisation skills to plan and manage their workload• Graduates are professional - employ up-to-date and relevant knowledge and skills• Graduates are professional - take pride in their professional and personal integrity• Graduates are professional - use creativity, critical thinking, analysis and research skills to solve theoretical and real-world problems• Graduates are global citizens - make creative use of technology in their learning and professional lives• Graduates are lifelong learners - evaluate and adopt new technology• Graduates are lifelong learners - reflect on their own practice, updating and adapting their knowledge and skills for continual professional and academic development.BRIEFA detailed project brief that can be utilised for the successful completion of the project with a realistic understanding of uncertainty and context.   ASSIGNMENT INFORMATIONThis task requires you to build on from what you have done in assignment 1. You are required to develop a complete project plan relevant to your chosen project from assignment 1 or you may wish to develop a completely new project.   Within this task, you are required to consider, name and account for a major project setback that occurs during the project lifecycle. Examples of project setbacks could be:• Workers’ strikes.• Bad weather for 1 week affecting local material supplies.• A sudden spike in raw material costs (eg. oil price).• A technical failure of testing facilities (software and/or hardware).• An unforeseen legal issue where you discover software licensing of your department was not confirmed.• The exchange rate of the host country changes dramatically affecting your purchasing power of overseas materials/services.• A sudden closure of your outsourced IT service provider.• Other technological, economic, political/regulatory and/or socio-cultural factors.   You only need to pick one. Be specific, creative, and realistic with this major project setback.This case study also needs to be structured, systematic and must use theories, models, and concepts you have learned in this subject.You should also utilise a demonstrated working example of project management software/digital tools to help you manage the project through to completion. This may require the visual planning of scheduling through Gantt and/or milestone charts. Take screenshots of visualisations that you feel are critical to the nature of your project and explain why these were most suitable. You are free to work with whichever platform suits you best. Consider trying the following that are all either free or offer a generous free-trial period:• EXoPlatform• Open Workbench• Project Manager from Wrike• Project from Microsoft• Dapulse• Business Management Solution (BMS) from Kaseye• Projects from Accelo  • Asana.   PROCESSYour case study may be structured however you think best to present your analysis. However, within this assignment you should provide:• Clear work breakdown structure (WBS) that is unified through the Project Integration Management (PIM) framework of the project.• Demonstrated understanding of schedule, cost and quality goals and control procedures as informed by the various methodologies as relevant to your specific project (nature of the project, industry, etc.).• Identification of key project roles. Be sure to clearly identify roles required for successful project completion while keeping in mind one person can fulfil more than one role if your resource and scheduling evaluation requires it.• Integrated risk assessment and control process that carefully mediates project quality, cost, schedule, and contextual factors (for example communications, team dynamics and the business environment). This requires identification of the major risk and response plan for managing the phenomena.• A concise conclusion that persuasively justifies why project management essentials and understandings are important for business activity, risk and strategy.• Demonstrated example of project planning software/digital tools to help you manage the project through to successful completion.