PPMP20010 - Assignment 1: Barwon Storage and Computer Infrastructure Project Status and Control Report

PROJECT STATUS AND CONTROL REPORT
NAME OF PROJECT
PPMP20010- Assignment 1
Part A
Project Status Report
1 PROJECT INFORMATION
Project name: Barwon Storage and Computer infrastructure project
Date: 26 April, 2017
Project ownership: Health organisation infrastructure
Prepared by: Project Manager
Distribution list: Steve Tanic: Procurement Manager, Barwon Health
Neville Daffy: Supply Manager, Barwon Health
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PROJECT STATUS AND CONTROL REPORT
NAME OF PROJECT
2 GANTT CHART
WBS
#
Task &
Subtask 1 2 3 4 5 6 7 8 9 10
1 A ————
1.1 A1 —
1.2 A2 —
1.3 A3 —
2 B ————
3 C ———————
—
4 D ———————————
—
4.1 D1 —————
4.2 D2 —————
—
5 E —————
6 F ——
7 G —
8 H —
3 VARIANCE ANALYSIS (COST IN THOUSANDS)
Task &
Subtask
Milestone
Status PV EV AC
Variance %
Schedule Cost
A Completed 100 100 100 0 0
A1 Completed 25 25 25 0 0
A2 Completed 50 50 50 0 0
A3 Completed 25 25 25 0 0
B Completed 50 50 55 0 -5
C Completed 50 50 40 0 10
D In progress 70 40 110 -42.86 -175
D1 Completed 30 30 50 0 -66.67
D2 In progress 40 10 60 -75 -500
E Not started 90 0 0 -100 0
F Not started 40 0 0 -100 0
G Not started 50 0 0 -100 0
H Not started 5 0 0 -100 0
Task Totals 455 240 305 -47.25 -56.25
4 ESTIMATE AT COMPLETION (EAC)
EAC = $539,933.33
The estimated cost of completing the Barwon health project amounts to
$539,933.33. This cost estimation is based on the allocated planned value to
various activities on weekly basis. The total estimated cost of project is higher
than the planned cost of project completion.
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PROJECT STATUS AND CONTROL REPORT
NAME OF PROJECT
5 COST SUMMARY
The impact of cost on the project will be that the project will fail to achieve its purpose
and earn value for stakeholders of the project. The higher risks having adverse potential
impact on the project result in increase in costs of the project. There are various project
control techniques such as project crashing, project rationing etc., which can be used to
reduce the overall costs of the project. Also the risk management strategies are used to
mitigate the impact of risks on the project resulting in non-occurrence of additional costs
the estimated cost of Barwon project are higher than the planned costs of completing the
project. The reason for this is the impact of risk factors on the project.
6 S CURVE
The S curve shows that the planned value, earned value as well as actual costs of the project
are in alignment and all these values move in the same direction. This means that there is no
cost differences involved in variations in project completion. The project is not likely to result
higher costs to a large extent as compared to the planned costs.
7 FORECAST COMPLETION DATE
Forecast completion date = End of week 11
On the basis of he earned value of the project and actual costs of the project till the
present date of partial completion, it can be forecasted that the project will be completed
within 11 weeks out of which 6 weeks have been completed and the remaining project
will take 5 weeks to complete.
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