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 • • • • • 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 • • • • • • • 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]