Central Queensland University Signage Project

This Quality Management Plan focuses on the project to update signage at Central Queensland University. It details a Work Breakdown Structure (WBS) outlining activities and their associated costs across several months. The plan provides a monthly breakdown of expenses, culminating in a total cost baseline. Furthermore, it identifies funding requirements for various project gates, including initiation, planning, design & delivery, installation, and close-out, totaling $46,000. A 15% management reserve is also included.

[----- For University Only-----]
COST BASELINE & FUNDING
REQUIREMENT
UPDATE THE
SIGNAGE BOARD
IN THE CENTRAL
QUEENSLAND
UNIVERSITY

COST BASELINE
WB
S Activities Februar
y
Marc
h April May June July Augus
t
Septembe
r
Octobe
r
Novembe
r
1 Initiate
1.1 Develop Charter $1,000
1.2 Gather requirement $2,000 $2,000
2 Plan
2.1 Plan Scope, time & cost $2,000
2.2 Share Communication
plan $1,500
2.3 Develop Risk
management plan $1,500
3 Execute
3.1 Design $3,000 $3,000
3.2 Build $7,000 $7,000
3.3 Fix $2,500 $2,500 $2,500 $1,000
4 Close
4.1 Lessons Learnt meeting $1,000
4.2 Procurement closure
meeting $500
Monthly Total $3,000 $5,500 $4,500 $3,000 $7,000 $7,000 $2,500 $2,500 $2,500 $1,000
Cumulative Total $3,000 $8,500 $13,00
0
$16,00
0
$23,00
0
$30,00
0
$32,50
0 $35,000 $37,500 $38,500
[----- For CQU Only-----]

FUNDING REQUIREMENTS
Gate Funding
Required
Initiation gate $5,000.00
Plan gate $5,000.00
Design & Deliver gate $20,000.00
Install gate $8,500.00
Close-out gate $1,500.00
Management reserve (15% of Cost Baseline) $6,000.00
Total Funding Requirements $46,000.00
[----- For CQU Only-----]