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23414855 - POM500 PROJECT MANAGEMENT V - MACHABELA

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Lesego Nancey Machabela
23414855
POM500
Project Management V
Question 1
The Four Identified Risks
Engineering challenges, including the need to dig deep into the riverbed to create a solid foundation for the dam wall.
Flooding of large areas of land
Loss of biodiversity and displacement of local communities
The construction of the dam disrupted the natural flow of the Zambezi River, affecting downstream ecosystems and livelihoods.
ID
Date
Identified
Risk
Description
Risk
effect/impact on
the project
1
1969 -1974
Digging deep
into riverbed to
create solid
foundation for
the dam wall
Time consuming,
extended the
estimated finish
time
Flooding of large
areas of land
2
3
4
1969 -1974
1969 - 1974
1969 -1974
Probability
Impact
Rating if it
occurs
Threat/
Severity
Low
Low
Rating =1
Low
Delayed finish
time
Medium
Medium
Rating = 3
Medium
Loss of
biodiversity and
displacement of
local
communities
Extra costs for all
people involved
Medium
Medium
Rating = 3
Medium
Disruption of
natural flow of
the Zambezi
River
Affected the
downstream
ecosystem and
livelihoods of
people
Medium
Medium
Rating = 3
Medium
Owner/
person
responsible
Mitigation
(Solution)
Risk Category
Risk Status
Project
manager and
product owner
appointed by
Caetano
Group (EM
Bopape)
Project
manager and
product owner
appointed by
Caetano
Group (EM
Bopape)
Ensuring that
the
foundation is
solid for the
dam wall.
Strategic Risk
In Progress
Cease the
Project until
Flooding is
Under control.
Strategic Risk
In Progress
Project
manager and
product owner
appointed by
Caetano
Group (EM
Bopape)
Project
manager and
product owner
appointed by
Caetano
Ensure that
Local communities
are restored
to how they
were before the
project.
Financial risk
Open
Investigate
How to get
back the
natural flow
of the
Zambezi
Operational Risk
Open
Group (EM
Bopape)
Question 2.1
Activity A
ES = 0 (as it is the first activity in the project)
EF = ES of A + Duration of activity
EF = 0 + 5
EF = 5 weeks
2.1.1 A1 = 5 weeks
Activity B
ES = EF of previous activity
ES = 5 weeks
EF = ES of B + Duration of activity
EF = 5 + 7
EF = 12 weeks
Activity C
ES = EF of previous activity
ES = 12 weeks
EF = ES of C + Duration of activity
EF = 12 =+ 3
EF = 15 weeks
River
2.1.2 C1 = 15 weeks
Activity D
ES = EF of previous activity
ES = 15 weeks
EF = ES of D + Duration of activity
2.1.3 D1 = 15 weeks
Activity E
ES = EF of previous activity
ES = 20 weeks
EF = ES of E + Duration of activity
EF = 20 + 5
EF = 25 weeks
2.1.4 E1 = 20 weeks
2.1.5 E2 = 25 weeks
Activity F
ES = EF of previous activity
ES = 25 weeks
2.1.6 F1 = 25 weeks
EF = ES of F + Duration of activity
EF = 25 + 2
EF = 27 weeks
2.1.7 F2 = 27
We established that the project would take 27 weeks to complete. Therefore, the LF of this activity will be 27, as it cannot go over the project
completion date.
LS + Duration
25 + 2 = 27
2.1.8 Activity A, E, F
On the critical path, the ES and EF dates are the same as the LS and LF dates.
2.1.9
Float = LF – EF
Activity A
LF – EF =
5–5=0
Activity B
LF – EF =
17-12 = 5
Activity C
LF – EF =
20-15 = 5
Activity D
LF – EF =
20 -20 = 0
Activity E
LF – EF =
25 – 25 = 0
Activity F
LF – EF =
27 – 27 = 0
A float of 0 means that there is no room for delay. If activity A, D, E, F is delayed it will postpone the finish date of the overall project.
These four activities are known as critical activities and they show the critical path of this project. Activity B and C have a float of 5
weeks. These two activities can be delayed by 5 weeks without impacting on the end date of the project.
Question 2.2 – Annexture A
Cash Flow Template
June
July
August
September October
Brought
Forward
0
R40 000
R80 000
R165 000
Income
Total
Available
R450 000
R450 000
R450 000
R490 000
R450 000
R530 000
R720 000
R885 000
Expenses
Assembly
Line
Labour
R140 000
R140 000
R95 000
R95 000
R110 000
R110 000
R110 000
R110 000
November
Materials
1 month
credit
Total
Expenses
Closing
Balance
R160 000
R160 000
R160 000
R160 000
R410 000
R410 000
R365 000
R365 000
R40 000
R80 000
R165 000
R520 000
The profit at the end of the project is R520 000.
Question 3
Project Scope Statement
Submitted by: E.M Bopape
Current Date: 2024/04/15
Contact Email: Embopape@buildbrite.com
Contact Phone: 078 407 4575
Project Name: Build Brite Innovations
Project Code: MF-01257
Classification: Strategic
Version: 1.4.12
Status: Active - Green
Scope Inclusions
What business or technical need will be filled by this project?
The main objective of this project is to address our critical business need for expanding manufacturing capabilities to accommodate the growing
market demand. The current production facility operates at full capacity, limiting our capacity to take on new opportunities. The construction of a
new manufacturing facility will enhance production output, operational efficiency and competitive advantage. It is important that we meet the
increased demand levels of customers, the new manufacturing facility will allow us to not only meet but exceed customer expectations and
satisfaction.
What end-user requirements will be addressed?
The level of demand will be addressed by increased production through advanced equipment and assembly lines. The new manufacturing
facility will be designed to adhere to strict safety regulations and therefore employees will receive comprehensive safety training. The layout
must facilitate streamlined workflows, minimising material and personnel movement. The new project will be environmentally responsible and
will take into consideration eco-friendly construction practices and energy-efficient design elements. Employee amenities will also be
thoughtfully integrated, including comfortable spaces and accessible facilities. The benefits of energy efficient designs will result in lower energy
bills and improved sustainability.
What deliverables will be produced?
Site preparation – the chosen area will be cleared out; soil test will be conducted and a solid foundation will be established.
Construction phase – erection of a cutting-edge manufacturing facility with structural, electrical, HVAC and plumbing systems.
The layout of the interior setup will accommodate production requirements and employee spaces and in alignment with safety standards.
Environmental sustainability will be addressed through energy-efficient installations, like solar panels as well as exterior landscaping to
enhance the facility’s appearance.
Scope Exclusions
What related business or technical need will be excluded from this project?
The technical need that will be excluded from this project is the implementation of a supply chain management system for material tracking.
With the exclusion of this supply chain management system, it will be hard to track the material coming in and out of the facility. It will be difficult
to track how much material needs to be ordered and how much material we have on hand.
What end-user requirements will be excluded from this project?
The construction of a cafeteria facility or advanced technology integration beyond the capacity for production equipment. It is unfortunate that a
cafeteria facility will be excluded, which means that employees will have to leave the facility every time they feel hungry, this means they might
take longer lunch breaks than if there was a cafeteria on the premises.
What deliverables will be excluded from this project?
Extensive on the job employee training and the development of transportation infrastructure for material distribution. There are many negative
consequences for a lack of staff training in the workplace, such as poor job performance because of unhappy staff. Employees experience high
levels of anxiety when they do not know what is expected of them.
List of References:
Question 1
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•
•
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STADIO (Pty) Ltd Project Management V POM500 Study Guide (Assignment – 2024 page 3 of 7)
STADIO (Pty) Ltd Project Management V POM500 Study Guide Annexure 16
https://www.wallstreetmojo.com/risk-categories/ [Accessed 2024/04/17]
https://asana.com/resources/risk-register [Accessed 2024/04/18]
https://technology.berkeley.edu/sites/default/files/managing_project_risks_9_26_2016.pdf [Accessed 2024/04/21]
Question 2
•
•
•
STADIO (Pty) Ltd Project Management V POM500 Study Guide Annexure A
Burke, R. 2018. Fundamentals of project management: Planning and control techniques. Using the latest PMBOK. 6th edition page 309
Burke, R. 2018. Fundamentals of project management: Planning and control techniques. Using the latest PMBOK. 6th edition page 251
Question 3
•
•
•
•
•
•
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STADIO (Pty) Ltd Project Management V POM500 Study Guide Annexure 3
https://ecampusontario.pressbooks.pub/essentialsofprojectmanagement/chapter/1-3-types-of-project-management/ [Accessed
2024/04/15]
https://help.deltek.com/product/Vision/7.6/crm_Proposals_concept_Project_Codes.html [Accessed 2024/04/16]
https://docs.aws.amazon.com/cli/latest/reference/rekognition/create-project-version.html [Accessed 2024/04/16]
https://bpm.berkeley.edu/projects/project-definitions#:~:text=Project%20Status,the%20project%20will%20not%20continue. [Accessed
2024/04/16]
https://www.google.com/search?q=benefits+of+energy+efficient+designs&rlz=1C1CHZN_engbZA1100ZA1100&oq=benefits+of+energy+efficient+designs&gs_lcrp=EgZjaHJvbWUyBggAEEUYOTIHCAEQABiABDIHCAIQABiABDI
HCAMQABiABDIHCAQQABiABDIHCAUQABiABDIHCAYQABiABDIHCAcQABiABDIHCAgQABiABDIHCAkQABiABNIBCTE2MzI3ajBqN
6gCALACAA&sourceid=chrome&ie=UTF-8 [Accessed 2024/04/18]
https://www.highspeedtraining.co.uk/hub/lack-of-training-in-the-workplace/ [Accessed 2024/04/18]
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