ITC505 | MEASURABLE ORGANISATIONAL VALUE | PROJECT MANAGEMENT

Art One

MOV – Measurable Organisational Value.

(This is the goal of the project and is utilised to define the value that your team project will bring to your client)

  • Identify the desired area of impact – Rank the following areas in terms of importance: Strategy / Customer / financial/operational/social
  • With reference to your project, identify one or two of the following types of value:
  • Better – is improving quality important to your client? o Faster – does your client want to increase efficiency? o Cheaper – is cutting costs important?

o  Do more – does your client want to continue its growth?

  • Develop an appropriate metric – this sets the target and expectation of all the stakeholders. It is important to determine a quantitative target that needs to be expressed as a metric in terms of an increase or decrease of money.
  • Determine the timeframe for achieving the MOV – ask yourselves, when do we want to achieve this target metric?
  • SUMMARISE THE MOV IN A CLEAR CONCISE STATEMENT OR TABLE

(Note: the MOV should inform everyone what the project will achieve, not how it will be achieved. It should also focus on the organisation, not on the technology that will be used to build or support the information system).

Part Two:

Define Scope and produce a Scope Management Plan

Define the scope of the project and detail how the scope will be managed.

Provide a list of Resources

Identify and detail the resources for the project using MS Project where appropriate, including:

    • People (and their roles), plus any extra personnel that is required for the project.

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  • Technology – any hardware, network and software needs to support the team and your client.
  • Facilities – where will most of the teamwork be situated?
  • Other – for example, travel, training etc.

Part Three:

Using MS Project, develop a schedule using a high level Work Breakdown Structure (WBS). It should include:

Milestones for each phase and deliverable

  • This will tell everyone associated with the project that the phase or deliverable was completed satisfactorily.

Activities / Tasks

  • Define a set of activities / tasks that must be completed to produce each deliverable. Resource Assignments
  • Assign people and resources to each individual activity.

Estimates for Each Activity / Task

  • Develop a time estimate for each task or activity to be completed.

Budget

  • Create a time-phased budget using bottom-up estimating. Be sure to include direct costs listed in Part two and add 20% for fringe. State all assumptions and constraints you have used when creating your budget. State how confident you are in your estimates and what would make you more confident.

Students must submit screenshots of MS Project file as a part of the assessment submission.

Part Four:

Project Risk Analysis and Plan

  • Document any assumptions you have made about the project
  • Using the Risk Identification Framework as a basis, identify five risks to the project – one for each of the five phases of the methodology.
  • Analyse these risks, assign a risk to an appropriate member, and describe a strategy for the management of each specific risk.

Part Five:

Quality Management Plan. It should include:

  • A short statement that reflects your team’s philosophy or objective for ensuring that you deliver a quality system to your client.
  • Develop and describe the following that your project team could implement to ensure quality; o A set of verification activities

o  A set of validation activities

Part Six: 550 words

Closure and Evaluation Researching for the closure checklist and project evaluation

  1. To prepare for this task, you will be required to provide an annotated bibliography.

Write an Annotated Bibliography for three (3) relevant texts or readings around project evaluation. The Annotated Bibliography is a critical examination of the most relevant, recent and scholarly research on the topic area that is not just a summary of the articles you have read.

You will submit this as an appendix to your project evaluation documentation.

Ensure that the AB submitted by you is your own work and has not been submitted elsewhere and comply with the University’s requirements for academic integrity

  1. Develop a closure checklist that the project team will use to ensure that the project has been closed properly.
  1. Develop a project evaluation –outline and discuss how your project’s MOV will be evaluated.

Submit your assignment online via Turnitin in the nominated class. Turnitin details for the individual classes would be provided on Interact2.

Marking criteria

Criterion

High Distinction

Distinction

Credit

Pass

Fail

 

 

Provides an

The MOV illustrates

The MOV illustrates

The MOV

The MOV

The MOV fails to

 

MOV and

the student’s

the student’s detailed

illustrates the

illustrates the

cover one or more

             

identifies the

detailed

consideration of the

student’s

student’s

specified project

             

target and

consideration of the

target and an attempt

generalised

generalised

Requirements.

             

expectations of

target and a

at analysis of the

consideration of

consideration of

 

             

all stakeholders

thorough analysis of

expectations of all

the target and an

the target;

 

             

in a suitable

the expectations of

stakeholders is

attempt at analysis

however analysis

 

             

format.

All stakeholders.

Evident.

of the expectations

of the

 

             

(15 Marks)

 

 

of most

expectations of

 

             

 

The format is

The format is logical

stakeholders is

all stakeholders is

 

             

 

logical, clear and

and appropriate to the

Evident.

Not clear.

 

             

 

Well-structured.

information

 

 

 

             

 

 

Presented.

The format is

The format is

 

             

 

 

 

suitable to the

suitable to the

 

             

 

 

 

information

information

 

             

 

 

 

Presented.

Presented.

 

             

Utilising MS

Evidence of expertly

Evidence of expertly

Correctly utilising

Key resources are

Key resources

             

Project, provides

utilising MS Project

utilising MS Project

MS Project to

correctly

have not been

             

a list of resources

to create a

to create a list of all

provide a list

identified and

Identified.

             

associated with

comprehensive list

resources required for

which identifies

Documented.

 

             

the project –

of resources,

the project;

most of the

 

 

             

including

demonstrating in-

demonstrating

resources required

 

 

             

reference to

depth analysis of the

analysis of the

for the project;

 

 

             

people,

Project’s needs.

Project’s needs.

some evidence of

 

 

             

technology, and

 

 

analysis of project

 

 

             

facilities and

 

 

Needs.

 

 

             

associated costs

 

 

 

 

 

             

(10 Marks)

 

 

 

 

 

             

Produces a

Consistent

Well written with

Well written with

Well written but

Writing is not of

             

Scope

application of

some demonstration

demonstration of

lacks acceptable

an acceptable

             

Management

industry standard

of industry standard

academic standard

Formatting.

Standard.

             

Plan (SCM).

language and

language and

language and

 

 

             

(10 Marks)

Formatting.

Formatting.

Formatting.

 

 

             

Utilising MS

Demonstrates high

Demonstrates

Demonstrates

Demonstrates

The WBS design

             

Project –

level project

competent

essential

minimal

fails to correctly

             

evidences the

management skills,

management skills,

management skills,

management

address one or

             

processes

integrating and

applying project

applying project

skills and needs

more essential

             

involved with a

applying project

management tools in

management tools

some

project

             

WBS, including

management tools in

meaningful and

in meaningful and

improvement in

Requirements.

             

Budget.

meaningful and

purposeful ways

purposeful ways

applying project

 

             

(20 Marks)

purposeful ways

towards completion

towards

management

 

             

 

towards completion

of the WBS design,

completion of the

tools in

 

             

 

of WBS design,

correctly addresses

WBS design.

meaningful and

 

             

 

correctly and

the all project

Essential project

purposeful ways

 

             

 

comprehensively

Requirements.

requirements

towards

 

             

 

addressing all

 

Addressed.

completion of

 

             

 

project

 

 

WBS. Not all

 

             

 

Requirements.

 

 

project

 

             

 

 

 

 

requirements are

 

             

 

 

 

 

clearly

 

             

 

 

 

 

Addressed.

 

             

Provides a

All steps in project

All steps in project

Evidence that key

Key steps in

One or more key

             

project risk

risk analysis and

risk analysis and

steps in project risk

project risk

steps in project

             

analysis and plan

alternate strategies

alternate strategies

analysis and

analysis and

risk analysis and

             

using the risk

are comprehensively

are clearly discussed

alternate strategies

alternate

alternate

             

identification

discussed and

and presented in the

are discussed and

strategies are

strategies are not

             

framework as a

presented in the

context of the project,

presented in the

accurately

Presented.

             

basis for

context of the

with reference to the

context of the

Presented.

 

             

discussing

project, with

framework to validate

project, with some

Minimal

 

             

 

 

 

 

 

 

             

Criterion

High Distinction

Distinction

Credit

Pass

Fail

alternate

evidence of

The alternatives.

linkages back to

reference to

 

strategies for the

thorough

 

the framework to

framework in the

 

management of

consideration of the

 

validate the

discussion

 

Such risks.

framework to

 

Alternatives.

Presented.

 

(15 Marks)

validate the

 

 

 

 

 

Alternatives.

 

 

 

 

 

 

 

 

 

 

Produces a

All required project

All required project

All required

Most required

Multiple project

quality

steps are correctly

steps are correctly

project steps are

project steps are

steps are missing

management

identified and

identified and are

correctly identified

correctly

or not applied to

plan which

appropriately

applied to the

and are applied to

identified and

the selected

includes a

contextualised for

selected project with

the selected

applied to the

Project.

statement about

The selected project.

some

Project.

Selected project.

 

the team’s

 

Contextualisation.

 

 

 

philosophy and

 

 

 

 

 

verification and

 

 

 

 

 

validation

 

 

 

 

 

Activities.

 

 

 

 

 

(10 Marks)

 

 

 

 

 

A closure

The closure

The closure checklist

The closure

The closure

The closure

checklist is

checklist is detailed,

is detailed, and has

checklist has been

checklist has

checklist has not

produced

and has been used

been used accurately

used appropriately

been used to

been addressed

alongside the

accurately to close

To close the project.

to close the project,

close the project,

adequately, the

development of a

The project. The

The evaluation has

and the evaluation

and the

evaluation is

project

evaluation has been

been well

has been

evaluation has

lacking detail and

evaluation that is

professionally

documented and is

adequately

been addressed

is not evidenced

evidenced by

documented and is

evidenced by

documented and is

and is evidenced

By research.

Research.

evidenced by

Research.

evidenced by

By research.

 

(10 marks)

Research.

 

Research.

 

 

Referencing of

All written evidence

All written

All written

All written

No apparent

sources (APA

is professionally

information is good

information is

content is loosely

logical order of

6th end citation)

communicated using

with appropriate

generally well

connected, and

written content,

to reinforce

Correct referencing.

referencing

organised but more

there is

and there is a lack

Findings.

 

 

clarity of

ineffective use of

Of referencing.

(10 marks)

 

 

communication is

Referencing.

 

 

 

 

required in terms

 

 

 

 

 

Of referencing.

   

 ITC505|Measurable Organizational Value and Project Management|

This assignment comprises of six parts. The first part involves writing a project on the MOV (Measurable Organizational Value). In the second part, the learner is required to define the scope and develop a scope management plan. The third part comprises of the development of schedule through the utilization of the high level of WBS (Work Breakdown structure). The part four entails to the project on risk analysis and planning. Part five requires the development of quality management plan. The last part six involves the closure and also evaluation for which learner has to write annotated bibliography from three of the relevant texts or readings. The submission of the final document will be done online through Turnitin.

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