Fundamentals of Project Management

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MN5076 Fundamentals of Project Management
Summative Assessment (Coursework)
Spring 2022-23
Deadline: Friday, 5 May 2023, before 3 pm UK time
General Assessment Guidance
This summative assessment is a Written Report consisting of 7 tasks. Tasks need to be
clearly labelled in your submission.
Each task should start on a fresh (new) page. Tables
and figures must be numbered and titled.
The word limit is 2,500 words and should be adhered to. Words in tables and figures do
not count towards the word limit.
All work should be attempted on your own, and comments and interpretations should be
written in your own words. Work copied directly from lecture notes or other sources will
be referred to the Student Casework Office (also see the next point).
The University takes academic misconduct very seriously and seeks to protect its
academic standards rigorously. 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/
The deadline for submission of your report is 3.00 pm on 5th May 2023. Please note that
late submissions will not be marked.
You are required to submit your assessment via Turnitin online access. Hard copies or any
other digital submission form, like email, will not be accepted.
A total of 100 marks are available for this assessment, representing 100% of the total
marks for the module.
Your report should be typed in 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 output must be saved as a single word document and uploaded to Weblearn (Turnitin).
A single PDF can be accepted as an alternative.
Your first submission to Turnitin is final.
Submissions should include a cover page with your student number. You are advised to
keep a copy of all work submitted.
Please do not use Safari or Explorer to upload your work to Weblearn. These browsers
have known compatibility issues with Weblearn / Turnitin. Use Chrome or Firefox instead.

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The coursework consists of 7 tasks. All tasks need to be attempted.
Task 1 – Project selection [20 marks]
You are a member of the class project team in charge of evaluating and approving fundraising
projects. Use the provided proposal evaluation form (Table 1) to formally evaluate and rank
each proposal. Please consider that every project must meet the “must” objectives and there
are “want” objectives that you would like to achieve.
“MUST” OBJECTIVES
1. All projects must be safe and legal and comply with university policies.
2. All projects must be capable of earning at least $500.
3. All projects must be able to be completed within nine weeks.
4. All projects must provide an opportunity for every project team member to experience and
learn about project management.
“WANT” OBJECTIVES
1. Earn more than $500 for a charity
2. Increase public awareness of the charity
3. Provide a resume worthy experience for students
4. Be featured on local TV news
5. Be fun to do
FUNDRAISING PROPOSALS
PROJECT PROPOSAL 1: HOOPS FOR HOPE
The project is a three-on-three basketball tournament to raise money for the Down Syndrome
Association. The tournament will consist of three brackets: Co-ed, Male, and Female teams.
There will be a $40 entry fee per team, and additional funds will be derived from the sale of
commemorative T-shirts ($10). Winning teams will receive gift baskets consisting of donations
from local businesses and restaurants. The event will be held at the university’s recreational
centre.
PROJECT PROPOSAL 2: RAFFLE FOR LIFE
Organise a raffle contest. Raffle tickets will be sold for 3$ a piece, with the winning ticket
worth $300. Each of the six team members will be responsible for selling 50 raffle tickets. All
profits will go to the American Cancer Society.
PROJECT PROPOSAL 3: HOLD’EM FOR HUNGER
Organise a Texas Hold’em poker tournament at a campus dining facility. It will cost $20 to
enter the tournament with a $15 buy-in fee. Prizes include $300, $150, and $50 gift
certificates to a large department store. Gift certificates are purchased from entry fees. All
players will be eligible to win two donated tickets to Men and Women basketball games.
Funds raised will go to the local county food shelter.
PROJECT PROPOSAL 4: BUILD YOUR OWN BOX
The purpose of this project is to raise awareness of the plight of the homeless. Students will
donate 10 dollars to participate in building and living in a cardboard city on the university
quad for one night. Building materials will be provided by local recycling centres and hardware
stores. Hot soup will be provided by the team at midnight to all participants. Proceeds go to
the local homeless shelter.

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Table 1. Project Priority Evaluation Form.

Must objectives Must meet if
impacts
Proposal
1
Proposal
2
Proposal
3
Proposal
4
Be safe, legal and comply with
university policies
Y = yes
N = no
Earn at least $500 Y = yes
N = no
Can be completed within 9
weeks
Y = yes
N = no
Opportunity to learn project
management
Y = yes
N = no
Want
objectives
Relative
Importance
1 – 100
Single project
impact definitions
Weighted
Score
Weighted
Score
Weighted
Score
Weighted
Score
Earning
potential
90 0: 500–750
1: 750–1500
2: >$1500
3: >$2000
Fun 30 0 = Non
1 = Some fun
2 = Much fun
Increase
awareness of
the charity
30 0 = No potential
1 = Low potential
2 = High potential
Resume worthy 40 0 = No potential
1 = Low potential
2 = High potential
Be featured on
local TV news
40 0 = No potential
1 = Low potential
2 = High potential
Total weighted score
Priority

————————————————————————————————————————–
Task 2 – Project structure [6 marks]
Assume you work for an electronic company. Your R&D people believe they have come up
with an affordable technology that will double the capacity of existing MP3 players and uses
an audio format that is superior to MP3. What kind of project management structure would
you recommend they use for the proposed project? Why do you recommend this structure?
————————————————————————————————————————–
Task 3 – Project scope statement [14 marks]
You should submit a scope statement for a spring concert sponsored by the entertainment
council at London Metropolitan University (London Met). London Met is a university with over
12,000 students. An entertainment company has budgeted $30,000 for the project. The event
is to occur on June 5th. Please write a scope statement including objectives, Justification,
deliverables, milestones, technical requirements, limits and exclusions, and acceptance
criteria.
————————————————————————————————————————–
Task 4 – Project stakeholder assessment plan [8 marks]
For the project introduced in task 3, identify a minimum of 4 stakeholders. Then, map their
impact on the project using the power–interest matrix.

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Task 5 – Project risk management [12 marks]
For the project introduced in task 3, identify a minimum of 4 potential risks associated with
this project. Then, identify a response and a contingency plan for each risk.
————————————————————————————————————————–
Task 6 – Project scheduling [22 marks]
The G&E Company is preparing a bid to build the new 47,000-seat Ventura baseball stadium.
The construction must start on June 10, 2023, and be completed in time for the start of the
2026 season. A penalty clause of $500,000 per day of delay beyond April 3rd is written into
the contract.
Percival Young, the president of the company, expressed optimism at obtaining the contract
and revealed that the company could net as much as $3 million on the project. He also said
if they were successful, the prospects of future projects are bright since there is a projected
renaissance in building classic ball parks with modern luxury boxes.
Given the information provided in Table 2, and considering that
the construction crew work
Monday through Friday
, develop a WBS and Gantt chart and a network for the stadium
project
using MS Project. Next, answer the following questions:
Will the project be able to be completed by the April 3rd deadline? How long will it take?
What is the critical path for the project?
Table 2. Shoreline Stadium Project.

ID Activity Duration Predecessor(s)
1 Baseball Stadium
2 Clear stadium site 70 days
3 Demolish building 30 days 2
4 Set up construction site 70 days 3
5 Drive support piling 120 days 4
6 Pour lower concrete bowl 120 days 5
7 Pour main concourse 120 days 6
8 Install playing field 90 days 6
9 Construct upper steel bowl 120 days 6
10 Install seats 140 days 9
11 Build luxury boxes 90 days 9
12 Install jumbotron 30 days 9
13 Stadium infrastructure 120 days 9
14 Construct steel canopy 75 days 10
15 Light installation 30 days 10
16 Build roof supports 90 days 4
17 Construct roof 180 days 16
18 Install roof tracks 90 days 14
19 Install roof 90 days 17,18
20 Inspection 20 days 8,11,13,15,19

————————————————————————————————————————–
Task 7- Project evaluation and control [8 marks]
Consider the following project information. The total budget is $36,000 and is expected to
last six months. After four months, you have calculated the following information about the
project:
Planned Value (PV)=$29,000, Earned Value (EV)=$30,500, and Actual Cost (AC)=$28,000.
Based on this information, calculate the SPI and CPI. What is the estimated time and cost to
completion? What does this information tell you about the project?

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Marking Scheme Outline
This table details the weightings of the criteria by which your work will be evaluated.
————————————————————————————————————————-
Generic grade descriptions
In the following table, you will see what is expected of you in order to achieve a certain grade.

70-100 (A) Excellent
Outstanding (for use at the far end of the 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 and appropriate sources (quality and quantity).
No errors in the reference list or citations.
References are well utilised and critiqued.
60-69 (B) 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 and appropriate sources (quality and quantity).
No errors in the reference list or citations

 

Task Marks
1 You are required to evaluate each project proposal using a quantitative project
selection tool (4) and link the selected project with the “must and want” objectives
according to Table 1 (16).
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2 You need to provide the preferred project organisation structure (POS) (3) and
explain your reasons for choosing the POS (3).
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3 You need to prepare a scope statement including objectives (2), Justification (2),
deliverables (2), milestones (2), technical requirements (2), limits and exclusions
(2), and acceptance criteria (2).
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4 You are required to identify a minimum of 4 stakeholders (4) and map their impact
on the project using the power–interest matrix (4).
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5 You should identify a minimum of 4 potential risks associated with the project (4).
Also, identify a response (4) and a contingency plan for each risk (4).
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6 You should develop a WBS and Gantt chart (10) and a network (4) for the stadium
project using MS Project and answer two questions (4). You must consider
weekends as nonworking days (4).
Note: You receive zero marks if you do not use MS Project to do this task.
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7 You are required to calculate the SPI and CPI based on the provided information (4).
You should estimate time (1) and cost to completion (1) and explain what this
information tells you about the project (2)
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Presentation of the report as a professional document: clear structure, cropped images,
etc. (6); Each task starts on a new page (2); Table and graphs numbered and titled (2).
10
Total 100

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50-59 (C) 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 and appropriate sources
Minor errors in references
40-49 (D) 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
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, with many errors
and weak sources.
Condoned Pass 30-
39 (F1)
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 (F2) 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 few correct
Little or no attempt to use references, and if so very weak with many
significant errors
(0%) No submission Nothing of relevance in work submitted