Recent Question/Assignment
HI GOOD EVENING
MY NAME IS ASIF I AM FROM BPP UNIVERSITY , I GAVE MY ASSIGNMENT TO ONE OF MY FRIEND AND HE DIDNT COMPLETE MY ASSIGNMENT HE FORGOT TO DO IT.
CAN YOU DO MY ASSIGNMENT PLEASE I GOT 4 HRS TIME.
MANY THANKS
BPP Coursework Cover Sheet
Please use the table below as your cover sheet for the 1st page of the submission. The sheet should be before the cover/title page of your submission.
Programme MSc Management with Streams
Module name Fundamentals of Project Management (BT7073)
Schedule Term
Student Reference Number (SRN)
Report/Assignment Title Consultancy Report
Date of Submission
(Please attach the confirmation of any extension received)
Declaration of Original Work:
I hereby declare that I have read and understood BPP’s regulations on plagiarism and that this is my original work, researched, undertaken, completed and submitted in accordance with the requirements of BPP School of Business and Technology.
The word count, excluding contents table, bibliography and appendices, is ___ words.
Student Reference Number: Date:
By submitting this coursework you agree to all rules and regulations of BPP regarding assessments and awards for programmes. Please note, submission is your declaration you are fit to sit.
BPP University reserves the right to use all submitted work for educational purposes and may request that work be published for a wider audience.
BPP School of Business and Technology
MSc Management with Streams
Fundamentals of Project Management (BT 7073)
Coursework Assessment Brief
Submission deadline: 23.59 on 25th August Submission mode: Turnitin online access
1. General Assessment Guidance
• Your summative assessment for this module is made up of this 1 submission which accounts for 100% of the marks
• The deadline for submission is 25th August 2020. Please note late submissions will not be marked.
• You are required to submit all elements of your assessment via Turnitin online access. Only submissions made via the specified mode will be accepted and hard copies or any other digital form of submissions (like via email or pen drive etc.) will not be accepted.
• For coursework, the submission word limit is 3,500 words for part A. The submission word limit is 750 words for part B. You must comply with the word count guidelines. You may submit LESS than 3500 words for Part A and 750 words for Part B but not more. Word Count guidelines can be found on your programme home page and the coursework submission page.
• Do not put your name or contact details anywhere on your submission. You should only put your student registration number (SRN) which will ensure your submission is recognised in the marking process.
• A total of 100 marks are available for this module assessment, and you are required to achieve minimum 50% to pass this module.
• You are required to use only Harvard Referencing System in your submission. Any content which is already published by other author(s) and is not referenced will be considered as a case of plagiarism.
You can find further information on Harvard Referencing in the online library on the VLE. You can use the following link to access this information: http://bpp.libguides.com/Home/StudySupport
• BPP University has a strict policy regarding authenticity of assessments. In proven instances of plagiarism or collusion, severe punishment will be imposed on offenders. You are advised to read the rules and regulations regarding plagiarism and collusion in the GARs and MOPP which are available on VLE in the Academic registry section.
• You should include a completed copy of the Assignment Cover sheet. Any submission without this completed Assignment Cover sheet may be considered invalid and not marked.
2. Assessment Brief
2.1. Case Study / Brief
Assessment Brief
The Fundamentals of Project Management course has TWO separate deliverables to be submitted as a single document:
Part A
Project Management Consultancy Report
This should be structured in four sections based on the Case Study – 3500 words (85% of final course grade)
Part B
Reflective Essay
Prepare an analysis into the challenges encountered throughout the Module and the difficulties producing the assessment. Identify clear personal development goals. Briefly from your research highlight the characteristics of a Good Project Manager.
750 words (15 % of final course grade)
2.2. Case Study
Fig. 1 Automation Futures
This case study is purely factional and is not based on an actual company.NO engineering or technical knowledge is required.
Background
Automation Futures (AF) PLC which is shown in Fig.1 is a technology contracting, consulting and product/software development company with extensive experience in the design, manufacture, commissioning and delivery of a range of Electronic/Technology projects but specialising in Automation and New products for a range of clients including Bespoke Automation Factories. It operates out of a large Consultancy Practice in The Thames Valley (UK) and a Product Development factory in Ireland (ROI) which develops and manufactures automation plant and Prefabricated Factories for various clients largely in Europe.
The company’s facilities and expertise allow them to offer tailor-made solutions that are highly competitive with other companies in this market. Margins on projects are good given the innovative nature of the business but clients are demanding and require competitive responses in a fastchanging world.
AF PLC has won a major contract to design and build a new engineering Automation plant for a major Train manufacturing client, TTF PLC, based in Germany which will deliver Electronic
Component parts including a to be designed Inverter Product specifically aimed at Power Saving for new train fleets. TTF is itself a major supplier to various governments and train operating companies throughout the world. The contract is structured on a risk and reward basis with a target price of £58.5m with a shared bonus if finished early and a shared penalty if finished late. The target price is extremely competitive and reflects the belief that they have the capacity to improve on the delivery date and thereby earn the bonus. The AF PLC bid was based on a conceptual design provided to them setting out the outputs in terms of product attributes including power saving targets and product availability. AF Plc will have to complete the detailed design of the Inverter product from outline designs prepared by TTF along with the automated production line as part of the Contract and organise installation of the equipment in the New factory in Germany which they will also have to commission and Construct.
TTF will manufacture the Inverter Product from the production line as part of its Train Manufacturing Process.
TTF have acquired the site for the New Factory but AF will have to:
• Design and Construct of the new Factory to fit the automation equipment; • Design and Develop the Automation plant including the production line software; • Design the Inverter product including the control software.
The project was programmed to start on 8th July 2019.
The terms of the contract are as follows:
• The target price for the delivery of the Automation Plant is £58.50m.
• If the cost of the delivery of the Automation Plant is less than the target price, then AF PLC will be entitled to the first 50% of the surplus anything greater than 50% of the surplus will be split 50:50 with the client.
• If the cost of the delivery of the Automation Plant is Greater than 5% of the target price, then AF PLC will be required to bear the first 5% of this excess cost but anything greater than 5% of the excess will be split 50:50 with the client.
• Delivery of the completed Automation Plant must take place no later than 18th September 2020.
• There is a penalty clause inserted into the contract. For, every day (or part day) that the project is late, that is, beyond the completion date of 25th September 2020 (including weekends), AF PLC must pay TTF liquidated damages of £100k per working day.
• However, if they achieve an early completion then they will be able to receive a bonus of £50k per working day.
There is also a standard retention clause inserted into the contract. In effect 10% of the contract value would be retained by TTF for a period of ten weeks after the delivery and installation of the module. If TTF’s operations team detected any faults or problems with specifically the Automation Plant in the ten weeks after completion, then any additional costs incurred to rectify faults would be deductible from these retained funds.
The Factory Design will be Completed by AF and then the Pre-Fabricated parts will be manufactured in house and shipped to Germany for Construction on TTF’s site. It is important that this links to the design, installation and Layout of the Automation Equipment.
AF PLC are currently very busy with work for other clients, but this contract represents a significant opportunity as it will enable it to showpiece its competences in a major growth area.
The Automation equipment is to be installed in modular units built in their factory in the ROI and then assembled at the new factory in Germany. The factory in Germany will need to be completed in time for the Automation Equipment to be installed.
You have been appointed as the AF PLC Project Manager.
Questions.
Part A.
1. Project Definition/Parameters and Risks (20 Marks)
(a) Discuss the relative importance of the various iron triangle parameters in setting the Overall Project objectives that will need to be managed by you as the AF PLC project manager over the course of the project, and how they may inter-relate to each other. (10 marks)
(b) Use the template provided to create a risk register, identifying a maximum of ten risks that AF PLC are likely to face with a construction project of this nature. (10 marks)
2. Planning and costs (25 Marks)
In preparation for the forthcoming work, the AF PLC project manager created the following data in Table 1:
Task Description Duration (weeks) Predecessor/s Fixed costs
£M Number of
engineers Number of
Production/Technician staff
X Project Initiation 1 - .2 0 0
A Commission
Design of Factory 3 X 2.8 10 5
B Commission outline
Design of
Automation
Equipment 2 X 1.6 10 5
C Commission outline DesignInverter
Product 1 X 1.5 10 5
D Detailed design of
Factory 8 A 3.8 10 5
E Detailed design of
Automation
Equipment and Inverter
Product 8 B,C 5.4 20 10
F Commission and develop
Software for
Automation equipment
and Inverter
Product 10 E 3.4 10 5
G Manufacture
Automation equipment 10 E 6.5 20 50
H Manufacture Modular
Factory Units 9 D, E 4.0 30 40
I Transport and
Construct Modular
Factory on site in
Germany 8 H 3.5 10 60
J Test Automation equipment. 6 F,G 2.2 8 20
K Transport
Automation equipment to New
Factory 4 J 2.5 10 5
L Install
Automation equipment in
New Factory 6 I,K 3.1 25 50
M Install
Software for
Automation equipment 4 L 2.2 10 5
N Install software for Inverter
Product Line 5 F, M 2.7 10 6
O Test Inverter
Production
line 6 M, N 2.1 6 20
P Handover and Train TTF engineers in Automation process and
Product production
6 O 1.2 6 16
PC Project Close out 0 P 0 0 0
Total 48.70
Table 1 – project schedule
There was to be a programmed review on progress after 17 weeks. There will only be an internal management cost for the review which will be incurred for this task outside the project cost.
To complete this project, AF has recognised that it needs to Contract for the additional resources indicated above. These will be contracted from TECHRES. The average (fully inclusive) cost of an engineer was estimated to be £69.00 per hour and for technician/production staff £39.00 per hour. The company generally works a standard five-day week and eight-hour days. The Contract staff will all be on leave for 2 weeks over the Christmas period and will not be paid. This break also needs to be considered when scheduling the tasks.
Project Management support will be provided by an external PM Company on the following basis 2 Assistant Project Manager, 2 project planners - £5,500 per week until project review and then reduced to one project planner, 1 Assistant Project Manager through to completion at £2,000 per week and 1 Commercial Manager/cost engineer through to review and then 2 until 4 weeks after Contract Completion at a cost of £2,750 per week per manager
A team of engineers working for TTF would be present at the AF PLC factory to supervise manufacture of the Automation Equipment– to ensure the intensive testing before they are transported from the AF PLC factory to the site. 10 weeks is allowed for this work (Task G in Table 1), and if any problems were detected, then delays could occur because TTF would be entitled to demand that the faults were rectified on the spot before the section was acceptable to them. AF PLC were accustomed to working with clients in this manner. The cost of this team will be borne by AF as a project Cost. It has been costed at £20k per week.
The main contracted Labour/Staff requirements and the fixed costs for each task are shown in Table 1 are in £m.
(a) Prepare a network diagram showing the critical path and planned duration of the project. Quantify the float on the non-critical tasks. (8 marks)
(b) Using Microsoft Project (or a similar package) prepare a Gantt chart for the project to a professional standard. Calibrate the timescale in weeks. If the project is scheduled to start on Monday 8th July 2019 determine the planned completion date based on the constraints outlined in table 1 and the brief. (8 marks)
(c) Using the information provided, detail the overall Project Budget and the projected Net profit for the contract (i.e. revenue – costs) (including any bonus or allowing for any penalty) that the company will be aiming to achieve based on the projected completion date and the contract terms. You are also required to provide an indication of what budget components could impact the point at which in terms of days late the project could become loss making assuming no increases on the initial Project Budget. Show your workings clearly using a spreadsheet (You can submit as a separate spreadsheet file attachment, but the overall figures must be included in the main body of the report) (9 marks)
3 Managing progress and spending (10 Marks)
The project started on time, and after 17 weeks of work following on from the Project Review, an intensive analysis of the project was held at the AF PLC Factory. The following information was reported by the project team.
Task Actual progress to date (%) Total expenditure incurred to date (£m)
PI 100 0.20
A 100 2.91
B 100 1.72
C 100 1.53
D 80 4.08
E 100 5.97
F 35 1.32
G 35 2.76
H 50 2.75
No other tasks had started yet or incurred any expenditure.
Table 2 – actual progress and spending after 17 weeks
(a) Using the Gantt chart, determine the planned progress (%) for each task, after 17 weeks had been completed. Assume that progress is achieved on a linear basis for each task. For example, if a task is planned over the course of 4 weeks, then if 3 weeks have elapsed planned progress would be 75%. Then create a TABLE comparing the planned
progress against the actual progress values from table 2. (5 marks)
(b) Enter the actual progress values for progress from the revised Table produced in answering Q3a into the Gantt Chart, and using Microsoft Project or similar software reschedule the project with effect from the review date. Produce a revised GANTT Chart AND IDENTIFY the new completion date and COMMENT on the outcome from a commercial perspective detailing any POTENTIAL effect on the Profit from the Project AND the budget cost. (5 marks)
4 Earned Value Analysis and Acceleration (25 Marks)
Earned Value.
(a) Create an Earned Value Analysis table showing ACWP, BCWP and BCWS values for every project task. Show all workings in a neat and professional layout. This is based on progress calculated at 1st November 2019 and the calculations in answer to Q3 above. Using EVA determine an overall planned % percentage Complete figure for the entire project and compare with an overall actual % percentage Complete figure for the project to that date.
Also provide the CPI and SPI figures to date and explain what these figures indicate regarding Project Performance.
Show all workings in a neat and professional layout. (10 marks)
(b) Create a projected completion date for the entire project using the Estimate at Completion (schedule) method derived from the Earned Value Analysis.
Create a projected final spend for the entire project using the Estimate at Completion (cost) method derived from the Earned Value Analysis. Show your calculations clearly
Compare these values with the original contract value to determine the likely profitability of the contract as it now stands. (9 marks)
Acceleration.
Soon after the review, a daylong meeting was convened to discuss possible tactics to accelerate progress and avoid the prospect of any penalty charges. In response to urgent demands from the Chief Executive, the project manager has researched some acceleration options for the Directors to consider.
Task Option
F The software developers have indicated that they are able to improve the delivery by 3 weeks but at an increase in the fixed cost of £200k
G The manufacturer of the Automated Equipment has identified a quicker manufacturing process which can save 3 weeks but at a net cost of £105,000 per week.
I The Contractor for the transport and onsite factory installation has offered to work over-time to accelerate the installation schedule. This option can save up to 2 weeks at a cost of £75,000 per week
N The AF PLC team required for the Inverter software installation have indicated that they are able to work evenings and weekends. This would save up to 1 week at a cost of £25,000 per week
P TTF have agreed that they can release more of their staff so that the handover and training can be reduced by 2 weeks at a cost of £35000 per week.
Table 3 – possible acceleration options
(c) Recommend which of the options should be accepted and which should be declined. Explain and justify your recommendations with reference to the project plan and critical path. If the recommended options are implemented successfully, analyse the commercial impact on the profitability of the project. You need to ensure you consider all the relevant factors in reaching your conclusions. (6 marks)
Please note 5 marks are awarded for presentation of the report.
Part B Reflective Essay. (15 marks)
Prepare an analysis into the challenges encountered throughout the Module and the difficulties producing the assessment. Identify clear personal development goals. Briefly from your research highlight the characteristics of a Good Project Manager.
2.3. Questions
All the specific assignment questions are provided in the case study.
2.4. Assessment Submission Structure
Cover Page
Table of Contents
Executive Summary (or Abstract)
Introduction
Part A. AF PLC case study
Project definition and risks (Question 1)
Planning and costs (Question 2)
Managing progress and spending (Question 3)
Earned Value Analysis and Acceleration (Question 4)
References
Part B: Reflective Essay
The report must be written with a coherent structure and layout. Also, support your discussion with citations.
2.5. Assessment Marking Scheme (Student Version)
The assignment is marked out of 100. The following table shows the mark allocation and the approach required.
Assignment Part Mark Approach
Part A – Consultancy
Report
1(a) Project Objectives 10 A coherent discussion of the applicable iron triangle parameters is required with direct application to the specific project factors mentioned/implicit in the case to help define the project in those terms.
1(b) Risk management 10 An excellent response to (b) will have used research and case application to generate
the risk register. The register will use an appropriate template and be formatted so that risks are prioritized by their possible impact on the project.
2(a) Network Diagram
8 An excellent response will include a diagram presented to a professional standard in terms of clarity, coherence, presentation, content and layout. You will need to specify, the critical path, end date, the planned duration and the free float on non-critical tasks.
2(b) Gantt Chart
8 An excellent Gantt chart will show a complete and workable plan, using MS Project or similar software,
highlighting the project’s Critical Path. The chart will be presented so that it communicates clearly all the key tasks and elements to the reader - including the start, end, critical path, and key milestones.
2(c) Budget and Net Profit calculation 9 You are asked to provide an overall project budget and an estimate of the net profit reflecting the terms of the contract and the projected completion date. You will be awarded marks for accuracy and your interpretation of the terms of the contract including the requirement to comment on potential loss-making point. Show your workings clearly using a spreadsheet.
3(a) and (b) Managing progress and spending 10 An excellent response will demonstrate your ability to work effectively with project management or similar software and understand the principles of rescheduling. There are 2 elements, for the first part you need to provide a table showing planned against actual (5 marks). Then you will need to reschedule the Gantt chart showing the actual progress and identify a revised completion date. You also need to comment on the commercial impact. (5 marks)
4(a) Earned value Table
10 An excellent response will not only deliver accurate EVM and critical calculations set out with a high standard of table presentation, but also demonstrate conclusively that the writer
understands the EVM calculations and is able to very clearly explain the commercial implications.
4(b) Earned Value
Projections 9 An excellent response to illustrate whether you understand the 2 methods and can explain and detail the commercial implications
in the light of these calculations.
4(c) Acceleration options
6 An excellent response will include any revised network diagrams presented to a professional standard and acceleration analysis in terms of clarity, coherence, presentation, content and layout. It is important you consider all the options and explore the key issues which underlie your decision to choose one or more option. Again, it is important to consider the commercial impact.
Report presentation quality 5 A high quality and professional business document are expected; eye-catching, easy to read, well structured, pages clearly laid out, good use of headings, page numbering and appendices. Correct Harvard referencing where appropriate. Remember it is a management consultancy report.
Part B
Reflective analysis 15 This is an opportunity for you to discuss the challenges you have faced in understanding the technical principles which underlie Project Management
Principles. You are asked to provide a personal analysis
of the challenges you have encountered throughout the module in terms of learning about Project
Management and how you have applied these to the Case study (5 marks). You are asked to set out goals for improvement and reflect on the characteristics of a good Project Manager (5 marks). The report must be coherently structured and laid out (5 marks).
Total 100