'Length: 3500 words Submission method options EASTS (online) Task Assignment 3 (A3) is divided into three sections. Each section will ask you to create a particular artefact which when combined will create a project management plan. This would not be a complete plan according to PMI and the PMBOK, but must include the components listed below. Each section will be marked separately and word count limits and penalties will also apply separately. Firstly, read the supporting background material on the fictitious company Tangle Corp which will be the focus of this project. Tangle Corp's management have decided to implement a new project for which you must prepare a project management plan. You may embellish on the fictional background information to support your plan by creating useful company details to fill gaps which help you make your plan more robust. However this embellishment itself is not worth marks, only your plan is. You must select one (only one) of the three projects for your assignment. These choices are offered to help students choose one based on their own background knowledge and business familiarity. The same project must be used for the entirety of your assignment. Complete each part of the assignment as outlined below. Part A: Create a stakeholder engagement plan. List all of the stakeholders which you believe are relevant to your project. Plot those stakeholders in a power/interest graph. Create a brief engagement strategy which includes key elements of your plan needed to manage/satisfy each stakeholder. Discuss any major risks arising from any stakeholders. Part B: Create a project scope statement and a high level work breakdown structure for the project. Use this to then show a rough cost estimate using any estimating method(s) you prefer. Show how you have decomposed the scope to create your WBS. Due to the word count limit your scope will not be able to reach the smallest level of detail for all activities, but at least one vertical aspect of the WBS should be broken down to its most measurable level. When estimating, briefly describe your estimating process, why you chose it, and how you used it. Note that the financial accuracy of your estimate is not marked (you need not be correct with your estimate, but must show that you understand the process of creating one). Use whichever estimating methods you prefer but show your estimating process clearly. Discuss any major risks that might influence either the scope, WBS or your estimated budget. Part C: Create a Gantt chart showing the allocation of resources over time to key activities for such a project. Include in your chart the allocation of specific resources, showing at least some leads and lags, and demonstrate how the critical path would look in your schedule. Make note in your schedule of any key milestones and note the decisions attached to them. Discuss any major risks that either appear from or relate to your schedule. Part A - A stakeholder engagement plan. Value: 15% Length: 1000 words (excluding graphs/charts) Task: Create a stakeholder engagement plan. List all of the stakeholders which you believe are relevant to your project. Plot those stakeholders in a power/interest graph. Create a brief engagement strategy for each which includes key elements of your plan needed to manage/satisfy each stakeholder. Discuss any major risks arising from any stakeholders. • Plot each stakeholder in a power/interest graph in a way which reasonably expresses their appropriate relationship to your project. (5 marks) • Create an engagement strategy for each stakeholder which effectively satisfies their concerns or requirements. (5 marks) • Address risks which may reasonably be relevant to your project for at least half of the stakeholders listed. Create at least some planning on how your project would respond to each risk. (5 marks Part B - Work breakdown structure. Value: 20% Length: 1500 words Task: Create a project scope statement and a high level work breakdown structure for the project. Use this to then show a rough cost estimate using any estimating method(s) you prefer. Show how you have decomposed the scope to create your WBS. Due to the word count limit your scope will not be able to reach the smallest level of detail for all activities, but at least one vertical aspect of the WBS should be broken down to its most measurable level. When estimating, briefly describe your estimating process, why you chose it, and how you used it. Note that the financial accuracy of your estimate is not marked (you need not be correct with your estimate, but must show that you understand the process of creating one). Use whichever estimating methods you prefer but show your estimating process clearly. Discuss any major risks that might influence either the scope, WBS or your estimated budget. • Create a scope statement which describes the major components of the project you have chosen. (5 marks) • Show how you have broken down the larger work into smaller pieces by revealing your work breakdown structure. Show a detailed breakdown to the work package level for at least one element of the project. (5 marks) • Create an estimate for the project based on your scope statement. Use whichever estimating techniques you believe are appropriate and show how you have used them to achieve your result. (5 marks) • Discuss any major risks from any of the three items above and explain your project's response strategy for each one. (5 marks) Part C - Gantt Chart Value: 15% Length: 1000 words plus two-four page chart Task: Create a Gantt chart showing the allocation of resources over time to key activities for such a project. Include in your chart the allocation of specific resources, showing at least some leads and lags, and demonstrate how the critical path would look in your schedule. Make note in your schedule of any key milestones and note the decisions attached to them. Discuss any major risks that either appear from or relate to your schedule. • Create an effective Gantt chart which reveals a useful schedule of time and highlight any (at least 5) milestones and their associated decisions. (5 marks) • Allocate appropriate resources (at least 10) to this chart to relevant activities within it with some leads/lags and a critical path of activities. (5 marks) • Discuss any major risks (at least 5) that might reasonably arise from the information in this Gantt chart and explain your project's response strategy for each one. (5 marks) Rationale This assessment is intended to: • Assess your ability to practically apply the PMBOK and PMI methodology to a typical project plan. • Provide experience in the process of project plan creation. • Assess your knowledge of planning for the six core project management constraints. • Assist students with understanding the roles of certain tools and artefacts within project management planning. • Bbe able to devise a process management plan for each of the core project process groups (budget, scope, risk, schedule, resources, quality); • Be able to create a Scope of Work (SoW); • Be able to formulate a Work Breakdown Structure (WBS); and • Be able to interpret the PMI® Code of Conduct. Marking criteria Part A Marking Area HD Distinction Credit Pass Fail Marks Plot each stakeholder in a power/interest graph in a way which reasonably expresses their appropriate relationship to your project Has plotted all stakeholders in a clear graph showing precise power/interest relationships with the project. Has plotted all stakeholders in a clear graph in positions close to their appropriate relationship. Has plotted all stakeholders in a legible graph in positions which are mostly appropriate to their relationship. Has plotted most stakeholders in a graph which shows some indication of appropriate positions. Has plotted few stakeholders, the graph is difficult to understand, or the locations plotted are mostly inappropriate. /5 Create an engagement strategy for each stakeholder which effectively satisfies their concerns or requirements. Has created a clear strategy for each stakeholder which precisely satisfies their most important concerns. Has created a strategy for each stakeholder which would satisfy their most important concerns. Has created a strategy for each stakeholder which at least partly addresses some concerns which would be important to them. Has created a strategy for most of the stakeholders which attempts to address some of their relevant concerns. Has created strategies for few stakeholders, or the strategies are unclear, or are strategies which are not addressing relevant concerns. /5 Address risks which may reasonably be relevant to your project for at least half of the stakeholders listed. Create at least some planning on how your project would respond to each risk. Has shown a clear and effective plan for dealing with relevant risks for more than half of the stakeholders. Has shown an effective plan for dealing with reasonable risks for half of the stakeholders. Has shown some effective planning for dealing with potential risks for half of the stakeholders. Has shown some attempt at planning for dealing with weak or unlikely risks for at least a third of the stakeholders. Has shown little or no attempt at planning for dealing with any possible risks, or has shown good planning for very few of the stakeholders. /5 Part B Marking Area HD Distinction Credit Pass Fail Marks Create a scope statement which describes the major components of the project you have chosen. Has created a comprehensive and clear scope statement which effectively describes several major components Has created a clear scope statement which describes several major components. Has created an effective scope statement which describes at least some major components. Has created a limited scope statement which describes at least some relevant components. Has created a weak or unclear scope statement which describes few or irrelevant components. 5 Show how you have broken down the larger work into smaller pieces by revealing your work breakdown structure. Show a detailed breakdown to the work package level for at least one element of the project. Has shown a clear and comprehensive work breakdown to the work package level revealing all stages of the breakdown. Has shown a clear work breakdown to the work package level revealing all major stages of the breakdown. Has shown a work breakdown to the work package level revealing most stages of the breakdown. Has shown a work breakdown to the work package level revealing some reasonable stages of the breakdown. Has not shown a work breakdown to the work package level or has shown few stages of the breakdown. 5 Create an estimate for the project. Use whichever estimating techniques you believe are appropriate and show how you have used them to achieve your result Has created a reasonable estimate using an appropriate method and has clearly shown how the chosen method has been used to achieve it. Has created an estimate using an appropriate method and has shown how the chosen method has been used to achieve it. Has created an estimate using an effective method and has shown some indication of how the chosen method has been used to achieve it. Has created an estimate using a valid method and has made a reasonable attempt to show how the chosen method has been used to achieve it. Has created an estimate without using a valid method or has made no reasonable attempt to show how the chosen method has been used to achieve it. 5 Discuss any major risks from any of the three items above and explain your project's response strategy for each one Has given a clear and articulate discussion of three important risks which are well supported by effective response strategies for each. Has given a clear discussion of three relevant risks which are supported by response strategies for each. Has given a discussion of three valid risks with some support by response strategies for each. Has given a discussion of three risks with some attempt to support them with response strategies for at least some of them. Has given a discussion of fewer than three risks with a limited or unclear attempt to support them with response strategies for at least one of them. 5 Part C Marking Area HD Distinction Credit Pass Fail Marks Create an effective Gantt chart which reveals a useful schedule of time and highlight any (at least 5) milestones and their associated decisions Has created a clear and effective chart with a useful schedule and has highlighted 5 appropriate milestones with relevant decisions Has created an effective chart with a useful schedule and has highlighted 5 relevant milestones with decisions Has created a chart with a valid schedule and has highlighted 5 valid milestones with decisions Has created a chart with an understandable schedule and has highlighted 3-4 milestones with at least some decisions Has created a chart with an unclear or invalid schedule and has highlighted only 1-2 or irrelevant milestones with weak or limited decisions 5 Allocate appropriate resources (at least 10) to this chart to relevant activities within it with some leads/lags and a critical path of activities Has clearly allocated 10 appropriate resources to relevant activities and has clearly shown well aligned leads/lags in the critical path. Has allocated 10 valid resources to relevant activities and has shown valid leads/lags in the critical path. Has allocated 10 resources to relevant activities and has shown valid leads/lags in the critical path. Has allocated 5-9 resources to valid activities and has shown some leads/lags in the critical path. Has allocated less than 5 resources to activities and has shown few or invalid leads/lags in the critical path. 5 Discuss any major risks (at least 5) that might reasonably arise from the information in this Gantt chart and explain your project's response strategy for each one. Has clearly discussed 5 major risks relevant to the chart info and has fully explained an effective response for each. Has discussed 5 major risks relevant to the chart info and has effectively explained a valid response for each. Has discussed 5 valid risks which are apparent in the chart info and has explained a valid response for each. Has discussed at least 3 valid risks which are apparent in the chart info and has given some explanation of a response for each. Has discussed less than 3 risks, or risks which are poorly linked the chart info and has given little or no explanation of a response for each. 5 Presentation Use a report format, with correct grammatical protocols and accurate spelling, punctuation and word count. Feel free to use headings and bullet-lists where you think this is appropriate. Refer to the Presentation section of this Subject Outline. Requirements Word count for this assignment is taken seriously. The word count reflects the level of detail you are required to put into your assignment. Students who exceed the word count by more than 10% will be penalised, and students who exceed wordcounts by an excessive amount may not have their assignment marked beyond a certain point to ensure fairness to other students who have completed the assignment within the guidelines given. Administrative sections of your assignment such as headings, table of contents, reference list and other diagrams & figures are not included in the word count. In text citations are included as part of your word count. Students who submit in PDF form should include a word count on their cover page. For this assessment you are required to use APA referencing to acknowledge the sources that you have used in preparing your assessment. Please refer to the CSU referencing guide http://student.csu.edu.au/study/referencing-at-csu. In addition a very useful tool for you to use that demonstrates how to correctly use in text referencing and the correct way to cite the reference in your reference list can be found at https://apps.csu.edu.au/reftool/apa-6 '