MN5076 Fundamentals of Project Management Summative Reassessment (coursework) July 2021-22 Module Team Dr. Soroush Avakh Darestani (module leader) s.avakhdarestani@londonmet.ac.uk Dr. Aliyeh Kazemi a.kazemi@londonmet.ac.uk Version: 1.0 Date: 23^th June 2022 1.General Reassessment Guidance

• This summative reassessment for MN5076 Fundamentals of Project Management is a Written Report consisting of a set of project documents.
• The deadline for submission of your report is on Monday 25^th July 2022 at 3.00 pm. Please note that late submissions will not be marked.
• You are required to submit your reassessment via Turnitin online access. Hard copies or any other digital form of submissions (like via email or USB drive etc.) will not be accepted.
• Maximum word count is 2,500 words.
• Your report should be typed font size 12 and 1.5 line spacing. You must include a word count at the start of the report.
• Do not put your name or contact details anywhere on your submission. You should only put your student number on the cover page to ensure your submission is recognised in the marking process.
• All your references must have correct citations in the main body text and a complete reference in the list of references using the Harvard Referencing Format (see https://student.londonmet.ac.uk/library/subject-guides-and-research-support/referencing-and- copyright/referencing/ for guidance).
• The University takes academic misconduct very seriously and seeks at all times to rigorously protect its academic standards. Plagiarism, collusion and other forms of cheating constitute academic misconduct, for which there is an explicit range of graduated penalties depending on the particular type of academic misconduct. The penalties that can be applied if academic misconduct is substantiated range from a reprimand to expulsion in very serious cases and for repeated instances of misconduct. Guidance on preventing plagiarism is available here: https://learning.londonmet.ac.uk/TLTC/learnhigher/Plagiarism/

2.Module Learning Outcomes On successful completion of this module students will be able to:

1. assess common types of projects and determine a suitable project approach and organisation based on either Agile or Linear methods. (LO1)
2. plan a project and manage the execution of the plan. (LO2)
3. assess and manage project risks. (LO3)

This Reassessment addresses Learning Outcomes 1, 2 and 3. 3.Reassessment Brief Company Profile The company is a household appliances industry, a home appliances designer, manufacturer and producer. The main office and factory is located in southeast Asia and with more than 50 stores and after sales services in southeast Asia. The company has been enjoying steady growth over the past 18 years. Last year total revenues increased by 18 percent. The company wants to evaluate and rank a number of potential projects (proposals). The company plans to extend its business and production as well as export in Europe. COMPANY MISSION The mission for the firm: Our main objective is to be a global leader in household appliances industry from the perspectives of design, innovation and finance There are 5 potential projects which are to be evaluated against the strategic corporate objectives of the company and just one of the potential project will be selected for investigation and manufacturing. COMPANY MUST OBJECTIVES Every project must meet all must objectives as determined by managing director (MD). These objectives are set in line with stakeholder expectations and business profitability as well as comply with legal standards. There are three must objectives:

1. All projects meet current legal, low energy consuming and environmental standards.
2. The selected projects should be eligible to receive the CE marking.
3. The selected project (proposal) should be within household appliances products ranges.

COMPANY WANT OBJECTIVES Want objectives are assigned weights for their relative importance. The project team is responsible for formulating, prioritising, and weighting objectives to ensure that projects support the companys strategy and mission. The following is a list of the companys want objectives:

1. Be nominated for and win national Green Design Award of the year in household appliances industry.
2. Create and attract a strong media & news attention.
3. Time to market.
4. Generate profit in excess of 18 percent.
5. Advance the state of the art in household appliances industry design and innovation and

maintain the firms reputation.

1. Provide the basis for the development of other new household appliances products.

You are a member of the project team in charge of evaluating and selecting a proposal. Use the provided evaluation form (Table 1) to formally evaluate and rank each proposal. Home appliance proposals:

1. PROJECT PROPOSAL 1: 2-in-1 Rechargeable stick vacuum

This Rechargeable stick vacuum cleaner is a cordless vacuum floor cleaning system with handle. This vacuum cleaner can be used as a stick or handheld vacuum cleaner. The product included 1 main body, filter, battery, tube, turbo brush, crevice nozzle, combination brush, charger and wall-mounting kit. The product is compact and light weighting format for fatigue-free cleaning and easy movement. This product is eligible to receive CE marking which indicates that this product is declared by the firm as in conformity with Union harmonisation legislation and enables the free movement of products within the European market. Based on the design of this product. This is a green design, manufacturing, packing and operate as an energy efficient rechargeable vacuum cleaner. Moreover, the specifications show that using recycled materials to manufacture the vacuum cleaner. This vacuum cleaner will have nine-month time to market with 900,000 budget. The project is expected to create ROI as follows:

Probability	20%	50%	30%
ROI	20%	21%	22%

(2)PROJECT PROPOSAL 2: electric cattle 1.8 L This is a low energy consuming electric and simple electric cattle 1.8L with rapid boil function and style on a budget. It meets CE requirements and is eligible for receiving CE marking. The electric kettle has a perfect pour spout so all of the water goes into the cup and keeping your work surface mess- free. This electric cattle will have six-month time to market with 300,000 budget. The product included power base, power cord, on/off switch, heating element and body with handle. The project is expected to create ROI as follows:

Probability	20%	50%	30%
ROI	16%	18%	20%

(3)PROJECT PROPOSAL 3: bread toaster This is a low energy consuming electric toaster, 2 slices toaster with auto pop-up & shut off, cancel function and slide out crumb tray. It takes in electrical energy from the power outlet and converts it into heat, very efficiently. The main components of this toaster included cord, crumb tray, browning control, toasting slots, toast lever, cancel button, panel & internal elements, heating element & thermostat This project will have six-month time to market with 400,000 budget. The project is expected to create ROI as follows:

Probability	20%	50%	30%
ROI	16%	17%	18%

(4)PROJECT PROPOSAL 4: electric Desk fan This is a high energy consuming electric Desk fan. It has three speed settings and an on/off button usually named as 0. This is a manual electric desk fan which does not meet safety standard because of a finger may be caught between the sheave could result in severe injury. There is no CE marking for this product. This electric stand fan will have six-month time to market with 500,000 budget. The project is expected to create ROI as follows:

Probability	20%	50%	30%
ROI	18%	20%	22%

(5)PROJECT PROPOSAL 5: Premium Multipurpose blender This is an electric and portable 2.0L multipurpose blender with rotation speed function, sensor touch control, shock-proof base, anti-drip protection when pouring juice. This is an immersion blender design so easy to use, store and clean design, compact and lightweight, a good immersion blender For safety, the blender automatically shuts off working once the Jar is lifted up or the lid is opened. The blender is applicable for rice paste, beverage, soy milk, icebreaking, porridge, soup and grain. This project will have six-month time to market with 600,000 budget. Majority of metal parts, some small plastic components, and glass containers of this product are recyclable. These are all very easy materials to recycle. The product meets all health, safety, and environmental protection standards and is eligible for CE marking. This premium blender has an attractive and eye-catching aesthetic design. The project is expected to create ROI as follows:

Probability	20%	50%	30%
ROI	24%	26%	28%

Your task: Your assignment should be presented as a report, using the following structure: Part 1: Project justification & structure (800 words)

• An Introduction to part 1

1. Project Selection. In this section you are required to evaluate each project proposal against the home appliances companys strategic corporate objectives using a priority screening analysis and clearly link the selected project with the must and want objectives according to Table 1. You need to review and critically justify your selected project (proposal) using appropriate project management theories, models and literature.
2. Project structure and skills. You need to research and evaluate the required project management skills for the selected project using appropriate literature and provide your preferred project organisation structure (POS) supported by the literature.

Part 2- Project documents (1700 words)

• An Introduction to part 2

1. Project brief & scope statement for the selected project in Part 1 (e.g. assumptions, objectives, deliverables, milestones, technical requirements, acceptance criteria, and constraints) supported by relevant references.
2. Project work breakdown structure (WBS) and project Gantt Chart for the selected project in Part 1 using MS Project supported by relevant references. You need to develop a three levels WBS. Your Gantt chart should include a minimum of 10 activities and 4 deliverables, duration, predecessors, start and finish date, task name, outline number. (deliverables: e.g. market survey, design product components, initial production & test and validation)
3. Network diagram for the selected project in Part 1 using MS Project supported by relevant references. You network diagram should indicate the critical path.
4. Stakeholder assessment plan for the selected project in Part 1 for the selected project supported by relevant references. You need to identify a minimum of 8 stakeholder. You need to produce and analyze the stakeholder management plan. For analysis and planning of stakeholders, it is expected to apply project management tools, e.g., the power interest matrix, the stakeholder management plan (table), etc.

1. Risk management plan for the selected project in Part 1 supported by relevant literature. You need to use a suitable templates (form and chart) that describes the risks clearly, shows the likelihood, impact, owner and approach (accept, transfer, mitigate etc) and identify a minimum of 8 key risks for the selected project.
2. A clear evaluation of the project success factors. You require to evaluate a minimum of eight success factors for the selected project in Part 1 supported by relevant literature.

• Conclusion

Recommended Template: Cover page Part 1: Project justification & structure Introduction to Part 1 Project Selection Project structure and skills Part 2- Project documents Introduction to Part 2 Project brief & scope statement Project work breakdown structure (WBS) and project Gantt Chart Network diagram Stakeholder assessment plan Risk management plan A clear evaluation of the selected project success factors Conclusion References list Remark 1: You are required to research and apply project management theories and literature in order to successfully complete your report. You will need to employ a minimum of 10 separate sources, including a minimum of 5 scientific journal articles across both parts 1 and 2 of your report to support the application of project management tools and techniques. Remark 2: You need to prepare your Gantt chart, WBS (three levels) and network diagram by using MS Project (Using Remote lab or campus Pc). You may take screenshot of all your MS Project outputs and paste into your report. Please be informed that all tables and figures should have caption. Table 1: Project evaluation and selection template

Must objectives	Must meet if impacts	Proposal 1	Proposal 2	Proposal 3	Proposal 4	Proposal 5
All projects meet current legal, low energy consuming and environmental standards.	Y = yes N = no N/A = not applicable
The selected projects should be eligible to receive the CE marking.	Y = yes N = no N/A = not applicable
The selected project should be within household appliances products ranges.	Y = yes N = no N/A = not applicable
Want objectives	Relative Importance 1 - 100	Single project impact definitions	Weighted Score	Weighted Score	Weighted Score	Weighted Score	Weighted Score
Be nominated for and win national Green Design Award of the year in household appliances industry.	60	0 = No potential 1 = Low potential 2 = High potential
Create and attract a strong media & news attention	20	0 = No potential 1 = Low potential 2 = High potential
Time to market	50	0 = more than 1 year 1= between 7-12 months 2 = less than 7 months
Generate profit greater than 18%	80	0 1 = 18-22% 2 >22%
Advance the state of art in household appliances industry design and innovation and maintain the firms reputation	40	0 = No impact 1 = Some impact 2 = Great impact
Provide the basis for the development of other new household appliances products.	10	0 = No potential 1 = Low potential 2 = High potential
Total weighted score
Priority

4.Marking Scheme Outline (Student) This table details the weightings of the criteria by which your work will be evaluated.

Part	Item No.	Criteria	Detail	Mark
1	1	Project Selection.	In this section, you are required to evaluate each project proposal against the home appliance companys organizational objectives using a quantitative project selection tool and Clearly link the selected project with the must and want strategic objectives according to Table 1. You need to review and critically justify your selected project (proposal) using appropriate project management theories, models and literature.	15
2	Project structure and skills	You need to research and evaluate the required project management skills for the selected project using appropriate literature and provide your preferred project organisation structure (POS) supported by literature.	10
2	3	Project brief & scope statement	Project brief & scope statement (e.g. including assumptions, objectives, deliverables, milestones, technical requirements, acceptance criteria, and constraints) supported by relevant literature.	10
4	Project work breakdown structure (WBS) and project Gantt Chart	Project work breakdown structure (WBS) and project Gantt Chart Project using MS Project supported by relevant literature. Your Gantt chart should include a minimum of 10 activities and 4 deliverables	10
5	Network diagram	Network diagram using MS Project supported by relevant literature. You network diagram should indicate the critical path.	10
6	Stakeholder assessment plan	Stakeholder assessment plan for the selected project supported by relevant literature. You need to identify a minimum of 8 stakeholder.	10

			You need to produce and analyze the stakeholder management plan. For analysis and planning of stakeholders, it is expected to apply project management tools, e.g., the power interest matrix, the stakeholder management plan (table), etc.
7	Risk management plan	You need to use a suitable templates (form and chart) that describes the risks clearly, shows the likelihood, impact, owner and approach (accept, transfer, mitigate etc) and identify a minimum of 8 key risks for the selected project.	10
8	A clear evaluation of the selected project success factors	You require to evaluate a minimum of eight success factors for your selected project supported by relevant references.	10
1&2		Presentation of report as a professional document	structure and presentation of the report as a professional document; introduction and conclusion tables and figures captions good use of headings, page numbering and appendices. font size and line spacing clarity and creditability	10
1&2		Citation and referencing	correct citations in the main body text and a complete reference in the list of references using the Harvard Referencing Format	5
Total	100

5.Generic Grade Descriptions In the following table you will see what is expected of you in order to achieve a certain grade.

70-100

Excellent Outstanding (for use at far end of range) Outstanding understanding, exploration and insight Strong evidence of originality and development of own ideas Develop a highly complex argument Outstanding ability to communicate topics clearly and concisely Advanced organisation, structure and presentation of work

	Good references, appropriate sources (quality and quantity). No errors in reference list or citations. References well utilised and critiqued
60-69	Very Good Advanced scholarship Goes beyond the material provided Very good link to research Very good analysis, synthesis, evaluation and critical appraisal Very good evidence of preparation Comprehensive and critical understanding of the topic Very good ability to communicate clearly and effectively Very good organisation, structure and presentation of work Good references, appropriate sources (quality and quantity). No errors in reference list or citations
50-59	Adequate-Satisfactory Evidence of thinking independently to develop own ideas Evaluation of relevant theories or literature Ability to communicate clearly and effectively Report information in a structured way Use of an appropriate format Reasonably accurate, quite comprehensive knowledge Satisfactory evidence of preparation Coherent and well presented minor errors Satisfactory referencing, appropriate sources. Minor errors in references
40-49	All learning outcomes met Competent (practical) May be incomplete in knowledge (some errors or omissions) Weak or no analysis, evaluation or synthesis Some application of theories/knowledge An awareness of appropriate principles/theories/techniques Irrelevance

	to the task at times Disorganised work with weak standard of presentation Aberrations from the requirements of the task Referencing is attempted although may be inconsistent, many errors, weak sources
Condoned Pass 30-39	Learning outcomes not met Little relevant knowledge Lacking structure Numerous errors in structure and form Limited understanding of concepts/theories No appropriate analysis, evaluation or synthesis Significant inaccuracies/omissions Not competent Little or no attempt to use references and if so very weak with errors
Under 30	Little engagement with the task No basic understanding of the subject matter Poor communication (written or verbal) Lacking or no structure Significant errors in structure and form Many significant inaccuracies/omissions very little correct Little or no attempt to use references and if so very weak with many significant errors
(0%)	No submission Nothing of relevance in the work submitted

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