Bungalow Project: Cost and Quality Management Planning

Running Head: PROJECT MANAGEMENT
Bungalow Project: Cost and Quality Management Planning
Name of the Student
Name of the University

1PROJECT MANAGEMENT
Table of Contents
Part A...............................................................................................................................................2
Part B...............................................................................................................................................3
Cost Planning...............................................................................................................................3
Quality Management Planning....................................................................................................7
References........................................................................................................................................9

2PROJECT MANAGEMENT
Part A
Quality on a project is defined as the measure of the outcomes that are generated from the
project. Generally, the quality of the project is determined through the quality of the outcome
generated but it also depends on the three main variables of the project – time, scope and cost
(Mir & Pinnington, 2014). In other words, the quality of the project depends significantly on the
time, scope and cost of the project and change in any one of these variables can affect the quality
of the project significantly. For instance, if the cost of the project is increased, the quality of the
project can also increase whereas if the scope is increased keeping cost and time same, the
quality of the project will decrease.
There are several tools and techniques that can be used for quality planning of a project.
Some of these tools and techniques are listed as follows.
 Cause and Effect Diagram (Fishbone / Ishikawa Diagram)
 Pareto Charts
 Histograms
 Flowcharts
 Gantt Chart
 Control Charts
Project cost has significant relationship with the quality of a project. With greater quality
requirement, the cost increases whereas in case of low cost, the quality of the project decreases
significantly (Kerzner & Kerzner, 2017). Again, poor quality of a project may also increase the
cost of a project. For instance, in a project in spite of investing the project amount, the quality of

3PROJECT MANAGEMENT
the project is poor and hence, the project has to be redone / modified that will further increase the
cost of the project.
Part B
Cost Planning
In the given project, there are two different types of costs involved – material and plant
costs and human labour costs (Schwalbe, 2015). The human labour costs are determined using
the work breakdown structure and bottom up estimation technique as shown in the following
table.
WBS Task Name Duration Resource Names Cost
0 Bungalow Project 60 wks $251,460.00
1 Preliminary 51 wks $193,950.00
1.1 Design Structure 2 wks Tradesman $3,600.00
1.2 Appoint Project Manager 48 wks Tradesman [50%] $43,200.00
1.3 Modify Changes 1 wk Tradesman [25%] $450.00
1.4 Conduct Soil Test 2 wks $0.00
1.5 Receive Client Design Approval 1 wk Tradesman [50%] $900.00
1.6 Draw Plans and Schedules 2 wks Tradesman $3,600.00
1.7 Attain Engineer Certification 2 wks $0.00
1.8 Submit Plans to Local Council 6 wks $0.00
1.9 Prepare and Submit Application to QBCC 1 wk Tradesman $1,800.00
1.10 Select Insurance Package 2 wks Tradesman $3,600.00
1.11 Engage the Project Management Team 38 wks Tradesman [200%] $136,800.00
2 Site 49 wks $4,200.00
2.1 Erect Temporary Fencing 1 wk $0.00
2.2 Install Portaloo to Site 48 wks $0.00