Question: Here's an in - class assignment focusing on scope and requirement management, schedule management, and cost management: * Assignment Title: * Integrated Project Management Exercise

Here's an in-class assignment focusing on scope and requirement management, schedule management, and cost management:
*Assignment Title:* Integrated Project Management Exercise
*Objective:* To demonstrate understanding and application of scope and requirement management, schedule management, and cost management principles in a simulated project scenario.
*Instructions:*
1.*Project Scenario:*
Students will work on a fictitious project titled "Smart City Infrastructure Development." The project involves upgrading various aspects of infrastructure in a city to make it smarter and more sustainable. This includes implementing smart transportation systems, renewable energy solutions, and digital infrastructure for efficient city management.
2.*Task Description:*
Each student group will act as a project management team responsible for planning and executing the Smart City Infrastructure Development project. The assignment will consist of the following tasks:
a.*Scope and Requirement Management:*
- Define the project scope, including deliverables and objectives.
- Identify stakeholders and gather requirements through stakeholder interviews and analysis.
- Develop a comprehensive requirements document outlining functional and non-functional requirements.
b.*Schedule Management:*
- Create a project schedule using a Gantt chart or similar tool.
- Break down the project into tasks and subtasks, assigning durations and dependencies.
- Identify critical path and milestones for tracking progress.
c.*Cost Management:*
- Develop a project budget considering all aspects of the project, including labor, materials, equipment, and overhead costs.
- Estimate costs for each task and phase of the project.
- Monitor and control project expenses to ensure adherence to the budget.
3.*Deliverables:*
Each student group will submit the following deliverables:
- Scope statement and requirements document.
- Project schedule in the form of a Gantt chart or timeline.
- Project budget, including cost estimates and allocation.
4.*Presentation:*
Groups will present their project plans and management approach to the class, highlighting key decisions and strategies for scope, schedule, and cost management.
5.*Evaluation:*
The assignment will be evaluated based on the following criteria:
- Clarity and completeness of scope statement and requirements document.
- Accuracy and feasibility of the project schedule.
- Appropriateness and realism of the project budget.
- Quality of presentation and ability to articulate management strategies.
This assignment will allow students to apply theoretical concepts of project management to a practical, real-world scenario, enhancing their understanding and skills in scope and requirement management, schedule management, and costmanagement.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!