Project Management: Australia National Archives’

Running head: PROJECT MANAGEMENT
Project Management: Australia National Archives’
Name of the student:
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1PROJECT MANAGEMENT
Table of Contents
Part 1: Project budget for the entire project.....................................................................................2
1.1 Budgetary assumptions..............................................................................................................2
1.2 Provide a cost management plan for the project....................................................................4
Part 2................................................................................................................................................9
2.1 Cost analysis methods and tools to demonstrate cost variation that occurred in the project.9
2.2 Provide a detail budget performance report...........................................................................9
2.3 Evidence for re-planning the budget....................................................................................10
Part 3..............................................................................................................................................11
3.1 Detail financial completion activities..................................................................................11
3.2 Review of the project performance in terms of cost management......................................12
3.3 Experienced cost issues.......................................................................................................12
References......................................................................................................................................14

2PROJECT MANAGEMENT
Part 1: Project budget for the entire project
1.1 Budgetary assumptions
During creation of business budget, budget assumptions are required to be considered by
the project managers and finance manager before initiating the project. The budget details should
comprise each unknown elements as well. The budget assumption should be reasonable and must
be based upon the existing data and research as well. It is much crucial to assume raw materials
before starting the existing website improvement project.
 Contingency or backup plan can improve the regular expected production of
National Archives’’ by safeguarding data with minimizing disruptions.
 It can minimize the loss of production from preventing panic and promoting
various actions.
 The contingency plan for this project is prepared and submitted to the
management of the company
 In order to activate a project plan, contingency plan should be prepared whenever
needed. Regularly the team members should be reviewed and accordingly new
members are to be assigned to the project activities with changing requirements
 All equipments should be maintained as a part of the contingency plan.
During preparation of the project budget the benefits those have been realized are as
follows:

3PROJECT MANAGEMENT
 From the budgetary assumptions the potential issues of the project related o
products, materials and services can be identified
 The personal budget should be changed while updating project schedules and
activities
 The expected project expenses can be primarily identified and changed
accordingly
 The modified websites can make out expected income from the project at the
primary project development stage
Preparing schdule for
Website upgradation
Website upgradation
Project initiation phase
Feasibility study and
budgetary
assumptions
Resource
identification and
information
gathering
Building website
specifications
Website content
writing
Website upgradation
Project planning phase
Contingency
planning
Risk management
planning
HR and statutory
service planning for
the project
Design and development
phase
Design and User
Interface coding
Prototype design
Quality control of
the website
Connection to the
system database
Testing phase
Unit and integrated
testing
Acceptance testing
Launching the modified
website
Project closure
Post website
maintenance plan
Final launch of the
project
Figure 1: Work Breakdown Structure for the project
(Source: Created by author)