Project Planning 3a

With reference to the attached rubric, respond to the following bullet points from 1.7 to 2.3:

Table of Contents Cost Management Plan 1.1 Units of Measure  1.2 Level of Precision  1.3 Level of Accuracy  1.4 Process for Formal Acceptances  1.5 Process to Control Requests for Changes  1.6 Organizational Procedural Links  1.7 Control Thresholds  1.8 Rules of Performance Measurement  1.9 Reporting Formats  1.10 Process Descriptions  Human Resource Management Plan 2.1 Roles and Responsibilities 2.2 Project Organization Charts 2.3 Staffing Management Plan

Table of Contents

Cost Management Plan

1.1 Units of Measure

1.2 Level of Precision

1.3 Level of Accuracy

1.4 Process for Formal Acceptances

1.5 Process to Control Requests for Changes

1.6 Organizational Procedural Links

1.7 Control Thresholds

1.8 Rules of Performance Measurement

1.9 Reporting Formats

1.10 Process Descriptions

Human Resource Management Plan

2.1 Roles and Responsibilities

2.2 Project Organization Charts

2.3 Staffing Management Plan

Procurement Management Plan

3.1 Procurement Management Approach

3.2 Procurement Definition

3.3 Type of Contract to be Used

3.4 Procurement Risks

3.5 Procurement Risk Management

3.6 Cost Determination

3.7 Standardized Procurement Documentation

3.8 Procurement Constraints

3.9 Contract Approval Process

3.10 Decision Criteria

3.11 Vendor Management

3.12 Performance Metrics  

Unit3 [GM592: Project Planning and the Project Plan]

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Assignment 2: Team Assignment

This Assignment is designed to evaluate your ability to research, organize, and demonstrate

project data and financial information pertaining to the development of the cost baseline within

the project planning phase. These exercises mimic actual situations one could expect to occur

between the project manager and their sponsor or key stakeholders. Its assessments are

directed toward measuring mastery in synthesis of information, proper classifications, critical

thinking, and attention to detail, explanations, and professional acumen.

Given the information provided for your assigned rocket assembly project (See Course
Resources):

 Develop the cost management plan for your assigned rocket assembly project.

 Develop the human resource management plan your assigned rocket assembly project.

 Develop the procurement management plan for your assigned rocket assembly project.

Ensure that your project documents address the criteria of the rubric below and follows the
stated requirements.

Directions for Submitting your Team Assignment:

 To submit your Unit 3 Team assignment, have one person designated by the team

upload all assignment documents to the Unit 3 Assignment 2 Dropbox. Make sure that

you have saved a copy of each of the tools to submit for this assignment.

 Each team member must submit a peer evaluation individually to your Unit 3

Assignment 2 Dropbox.

GM592 Unit 3 Team Assignment: 50

Points

Points

Possible

Points

Earned

Content (0-30 points)

1. Tool Development (Cost Management Plan)

a) Units of measure. Each unit used in measurements (such as staff hours, staff days, weeks
for time measures; or meters, liters, tons, kilometers, or cubic yards for quantity measures; or
lump sum in currency form) is defined for each of the resources.

10

b) Level of precision. The degree to which activity cost estimates will be rounded up or down
(e.g., US $100.49 to US $100, or US $995.59 to US $1,000), based on the scope of the
activities and magnitude of the project

c) Level of accuracy. The acceptable range (e.g., :10%) used in determining realistic activity
cost estimates is specified, and may include an amount for contingencies

d) Process that specifies how formal acceptances of the completed project deliverables will be
obtained?

e) Process to control how requests for changes to the detailed scope statement will be
processed as defined in the Integrated Change Control process (PMBOK section 4.5)?

f) Organizational procedures links. The W BS component used for the project cost accounting is
called the control account. Each control account is assigned a unique code or account
number(s) that links directly to the performing organizations accounting system.

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g) Control thresholds. Variance thresholds for monitoring cost performance may be specified to
indicate an agreed—upon amount of variation to be allowed before some action needs to be
taken. Thresholds are typically expressed as percentage deviations from the baseline plan.

h) Rules of performance measurement. Earned value management (EVM) rules of
performance measurement are set.

i) Reporting formats. The formats and frequency for the various cost reports are defined.

j) Process descriptions. Descriptions of each of the other cost management processes are
documented.

2. Tool Development (Human Resource Management Plan)

a) Roles and responsibilities of assigned skill sets?

10

i) Role?

ii) Authority?

iii) Responsibility?

iv) Competency?

b) Project organization charts?

c) Staffing management plan?

i) Staff acquisition?

ii) Resource calendars?

iii) Staff release plan?

iv) Training needs?

v) Recognition and rewards?

vi) Compliance?

vii) Safety?

3. Tool Development (Procurement Management Plan)

a) Procurement management approach? Identifies the necessary steps and responsibilities for
procurement from the beginning to the end of a project.

b) Procurement definition? Describes, in specific terms, what items will be procured and under
what conditions.

c) Type of contract to be used? Describes the type of contract to be used so the contracts and
purchasing department can proceed accordingly.

d) Procurement risks? Identifies any potential risks associated with procurement for the project.

e) Procurement risk management? Describes how risks related specifically to procurement
activities will be managed.

f) Cost determination? Describes how costs will be determined and if/how they will be used as
part of the selection criteria (RFQ, RFP, RFB).

g) Standardized procurement documentation? Describes what standard procurement
documentation will be used as part of the procurement (Organizational procurement forms).

h) Procurement constraints? Describes any constraints which must be considered as part of
the project’s procurement management process.

i) Contract approval process? Defines the process through which contracts must be approved.

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Unit 3 [GM592: Project Planning and the Project Plan]

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j) Decision criteria? Defines the criteria used by the contract review board to decide on what
contract(s) to award.

k) Vendor management? Describes the roles and actions the project team and purchasing and
contracts department will take

l) Performance metrics for procurement activities? Describes the metrics to be used for
procurement activities associated with the project.

Analysis (0-11 points)

Response exhibits strong higher-order critical thinking and analysis (e.g., evaluation). Paper
shows original thought.

3

Analysis includes proper classifications, explanations, comparisons and inferences.
4

Critical thinking includes appropriate judgments, conclusions and assessment based on
evaluation and synthesis of information. 4

Writing (0-9 points)

Grammatical skills are strong with typically less than one error per page. Correct use of APA
when assigned. 3

Appropriate to the assignment, fresh (interesting to read), accurate, (no far-fetched,
unsupported comments), precise (say what you mean), and concise (not wordy).

3

Project is in 12-point font. Narrative sections are double-spaced with a double space between.
Project is free of serious errors; grammar, punctuation, and spelling help to clarify the meaning
by following accepted conventions.

3

Peer Evaluation

Minus points lost on Peer Evaluation (15= 0, 14= -1, 13= -2, etc.) 0

Total 50