Project Management Plan and Budget

This assignment presents a comprehensive project management plan that details various activities involved in a project, such as kick-off planning, training, signage installation, design preparation, and management reserve allocation. A clear breakdown of the funding required for each activity is provided, culminating in a total budget of $61,300. Additionally, a cumulative total budget is presented throughout the document to illustrate the financial progression of the project.

Running head: ASSIGNMENT 4
Assignment 4: Cost baseline and funding requirements
Name of the Student:
Name of the University:

1ASSIGNMENT 4
Table of Contents
Cost Baseline...................................................................................................................................2
Funding Requirements.....................................................................................................................6
Bibliography....................................................................................................................................7

2ASSIGNMENT 4
Cost Baseline
Task
Name
Fe
b
Mar
ch
Apr
il
May Jun
e
July Aug Sep Oct Nov Dec Jan
Start of
the project
plan
Project
Manageme
nt
Salary of
Maintenanc
e and
Administrat
ion staff
500 500 500 500 500 500 500 500 500 500 500
Cost of the
suppliers
500
0
200
0
100
0
300
0
400
0
200
0
100
0
100
0
100
0
Cost of
meeting on
progress
and
performanc
e of the
200 100 350 150 100 100 200 100 250

3ASSIGNMENT 4
project
Campus
Signage
Signage of
the design
Design
preparation
200
0
100
0
300
0
Preparation
of the
prototype
100
0
150
0
200
0
Signage of
the
production
Purchasing
of the
resources
200
0
200
0
100
0
300
0
Creation of
the signage
100
0
200
0
200
0
Signage of
installation
Circulation
of the
signage
100
0
200
0
200
0

4ASSIGNMENT 4
Building of
the signage
200
0
100
0
300
0
Training
and support
100
0
200
0
200
0
Developme
nt of the
project
plan
Goods
ordered
200
0
1000 200
0
100
0
Promotion
of the local
language
500 500 500
Documents
maintenanc
e
200 200 100 500
Installatio
n of signs
Signs are
installed
into the
campus
200
0
250
0
180
0
Proposed 200 250

5ASSIGNMENT 4
of waterfall
project
lifecycle
model
0 0
Total 370
0
2200 660
0
135
50
131
50
560
0
960
0
123
00
510
0
555
0
700
0
850
0
Cumulativ
e total
370
0
5900 125
00
260
50
392
00
448
00
544
00
667
00
718
00
773
50
843
50
858
50
Funding Requirements
Activities Funding required
Kick off the project plan $15,000
Training and support $5,000
Installation of the signage board $10,800
Design preparation $6,000
Proposed of waterfall project
lifecycle model
$4,500
Management reserve $20,000
Total $61,300

6ASSIGNMENT 4
Bibliography
Chance, D. M., & Brooks, R. (2015). Introduction to derivatives and risk management. Cengage
Learning.
Cherkaoui, K., Baptiste, P., Pellerin, R., Haït, A., & Perrier, N. (2017). Proactive tactical
planning approach for large scale engineering and construction projects. The Journal of
Modern Project Management, 5(1).
Crawford, J. K. (2014). Project management maturity model. CRC Press.
Fan, Y., Thomas, M., & Anantatmula, V. (2014). A Longitudinal Study of the Required Skills of
Project Managers. The Journal of Modern Project Management, 1(3).
Glendon, A. I., Clarke, S., & McKenna, E. (2016). Human safety and risk management. Crc
Press.
Hopkin, P. (2017). Fundamentals of risk management: understanding, evaluating and
implementing effective risk management. Kogan Page Publishers.
Kerzner, H. (2013). Project management: a systems approach to planning, scheduling, and
controlling. John Wiley & Sons.
Narbaev, T., & De Marco, A. (2017). Earned value and cost contingency management: A
framework model for risk adjusted cost forecasting. The Journal of Modern Project
Management, 4(3).