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Assessment 3 (Project Governance Plan) instructions Laying the groundwork for a Project Governance Plan How will you track progress on this project? Prepare a proposal for a Project Governance Plan....

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Assessment 3 (Project Governance Plan) instructions

Laying the groundwork for a Project Governance Plan

How will you track progress on this project? Prepare a proposal for a Project Governance Plan.


Scenario

Kate now needs to know howThe ATAshould be tracking the project’s progress without imposing a complex process on a relative low value project (as important to the East Timor society as it is) and overloading her limited resources. In particular, she wants to know how her finance is tracking, how well the project is adhering to the schedule, how well her risk plan is working and whether there is any emerging risk and anything else you deem necessary for project reporting and governance purposes. More importantly, how will all this data be reported and presented, and how frequently? The CEO needs a regular project summary so that she can keep the Board up to date on the project achievements.

We recommend you watch *all* of the ATA videos before you begin your assessment activities. You may need to review these specific videos for this assessment task:

  • Video 5: Leadership in Managing the East Timor Project


Background

Now the planning for the project has largely been completed and you have most of your plans formalised, i.e., risk management plans, your project schedule baselined, budget and resource plan. The questions are:

  1. How would Kate monitor and control the project, and
  2. What type of information/data should Kate be providing the stakeholders and the CEO so that they can be assured that the project is proceeding as planned?

The latter is an area that requires a degree of ingenuity from the project manager and the team. Once you have decided what monitoring and controlling processes should be implemented, the challenge is how to present this to an international audience and to a busy CEO? Keep in mind that English is not the international stakeholders’ language in many instances and certainly is not the national language of East Timor. This particular activity is critical to project governance.


Scope of the task

Submit a proposal detailing:

  1. The methodology that you would recommend for cost and schedule tracking and the reason why you have chosen them over other methods. Outline the advantages and risks of using the monitoring and controlling methods that you have chosen and also the ones that you have rejected.
  2. The format and structure of these project reports. For example: what kind of data should be presented? Do you just present the actual hours used or dollars spent for the reporting period? What about explanation and commentary? Provide explanations as to why you prefer the recommended structure and your decision on reporting this data over others. Please note that these are reports for the project manager/team and the Governance Board, NOT for the CEO and the Board.
  3. The frequency of the project Governance Board meeting and who should attend? Explain why you have selected those attendees.
  4. The format and structure for the CEO and Board project report. Similarly, explain the reasons why you have chosen this reporting format and structure.

Your proposal should be presented in an essay format. It needs to look and sound professional and to be suitable for tabling in an official meeting.


Preparing your submission:

Prepare your submission as a Word document, up to 1000 words (excluding references). Make sure you include at least three references to academic and/or professional body publications, using theAcademy of Managementreferencing style.

Refer to theAssessment 3 marking rubricbefore starting work on your submission.


Important note:

Please do not contactThe ATAor Kate Greenwood in relation to this task and the coming assessments! La Trobe University does not have a business arrangement or official relationship withThe ATA.


Last modified: Sunday, 26 March 2017, 11:08 AMSkip NavigationHide Navigation block

NAVIGATIONAssessment 3 (Project Governance Plan) instructions

Laying the groundwork for a Project Governance Plan

How will you track progress on this project? Prepare a proposal for a Project Governance Plan.


Scenario

Kate now needs to know howThe ATAshould be tracking the project’s progress without imposing a complex process on a relative low value project (as important to the East Timor society as it is) and overloading her limited resources. In particular, she wants to know how her finance is tracking, how well the project is adhering to the schedule, how well her risk plan is working and whether there is any emerging risk and anything else you deem necessary for project reporting and governance purposes. More importantly, how will all this data be reported and presented, and how frequently? The CEO needs a regular project summary so that she can keep the Board up to date on the project achievements.

We recommend you watch *all* of the ATA videos before you begin your assessment activities. You may need to review these specific videos for this assessment task:

  • Video 5: Leadership in Managing the East Timor Project


Background

Now the planning for the project has largely been completed and you have most of your plans formalised, i.e., risk management plans, your project schedule baselined, budget and resource plan. The questions are:

  1. How would Kate monitor and control the project, and
  2. What type of information/data should Kate be providing the stakeholders and the CEO so that they can be assured that the project is proceeding as planned?

The latter is an area that requires a degree of ingenuity from the project manager and the team. Once you have decided what monitoring and controlling processes should be implemented, the challenge is how to present this to an international audience and to a busy CEO? Keep in mind that English is not the international stakeholders’ language in many instances and certainly is not the national language of East Timor. This particular activity is critical to project governance.


Scope of the task

Submit a proposal detailing:

  1. The methodology that you would recommend for cost and schedule tracking and the reason why you have chosen them over other methods. Outline the advantages and risks of using the monitoring and controlling methods that you have chosen and also the ones that you have rejected.
  2. The format and structure of these project reports. For example: what kind of data should be presented? Do you just present the actual hours used or dollars spent for the reporting period? What about explanation and commentary? Provide explanations as to why you prefer the recommended structure and your decision on reporting this data over others. Please note that these are reports for the project manager/team and the Governance Board, NOT for the CEO and the Board.
  3. The frequency of the project Governance Board meeting and who should attend? Explain why you have selected those attendees.
  4. The format and structure for the CEO and Board project report. Similarly, explain the reasons why you have chosen this reporting format and structure.

Your proposal should be presented in an essay format. It needs to look and sound professional and to be suitable for tabling in an official meeting.


Preparing your submission:

Prepare your submission as a Word document, up to 1000 words (excluding references). Make sure you include at least three references to academic and/or professional body publications, using theAcademy of Managementreferencing style.

Refer to theAssessment 3 marking rubricbefore starting work on your submission.


Important note:

Please do not contactThe ATAor Kate Greenwood in relation to this task and the coming assessments! La Trobe University does not have a business arrangement or official relationship withThe ATA.


Last modified: Sunday, 26 March 2017, 11:08 AMSkip NavigationHide Navigation block

NAVIGATION

Answered 36 days AfterNov 21, 2017MGT5IPMLa Trobe University

Solution

David answered on Dec 27 2017
30 Votes
PROPOSAL FOR A PROJECT GOVERNANCE PLAN 1
PROPOSAL FOR A PROJECT GOVERNANCE PLAN 6
Running head: PROPOSAL FOR A PROJECT GOVERNANCE PLAN
PROPOSAL FOR A PROJECT GOVERNANCE PLAN
Recommended Methods for Cost and Schedule Tracking
    The ATA (Alternative Technology Association) usually works for the international project associated with the social service project in which different type of activities are conducted, such as providing clean water, renewable lighting and electricity to the community. At this stage, in a project government plan to the East Timor society, ATA has responsibility to track the project progress that has largely been completed in the East Timor Society basically for the cost and schedule tracking (Taylor, 2008). However, the ATA should be tracking the project’s progress rather than imposing a complex process and overloading limited resources.
    In this consideration, ATA can use two methods for cost and schedule tracking, such as monitoring and controlling. Monitoring and controlling are very effective to identify the performance of the running project because of using various approaches, concepts, and key activities. At the same time, monitoring has chosen over other methods because it can recognize the effectiveness of various techniques to monitor the performance of the project related to the cost and schedule (Taylor, 2008). Further, monitoring would also calculate the point-in-time performance data effectively and efficiently associated with the cost variance, and schedule variance, as well as cost performance and schedule performance index. Now, controlling has chosen over other methods for cost and schedule tracking because it is very helpful in identifying the activities and project results associated with the duration compression techniques, such as crashed and fast-tracking.     
Advantages and Risks: The advantages of using the monitoring is the collection of information and develop the project on the basis of a set of the performance metrics. At the same time, the advantages of controlling method is the adjustment of the project and distinguishing the project planning in order to meet its goals successfully (Wilson, 2014). The main risks for the...
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