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Project Management: Implementation of e-toll system in Hyderabad ring road

   

Added on  2023-04-03

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Running head: PROJECT MANAGEMENT
Project management: Implementation of e-toll system in Hyderabad ring road
Name of the Student
Name of the University
Author’s Note
Project Management: Implementation of e-toll system in Hyderabad ring road_1

1
PROJECT MANAGEMENT
Table of Contents
Task 1: Project status report.......................................................................................................2
1.1Performance measurement................................................................................................2
Task 2: Project management plan..............................................................................................8
2.1 Quality management plan................................................................................................8
Task 3: MS project task............................................................................................................11
3.1 Fixed cost of the MS project..........................................................................................11
3.2 Baseline at 30% and split task........................................................................................12
Task 4: Reflection....................................................................................................................13
References................................................................................................................................15
Project Management: Implementation of e-toll system in Hyderabad ring road_2

2
PROJECT MANAGEMENT
Task 1: Project status report
1.1Performance measurement
Within the present situation, it is identified that the present project is 70% complete
and the total cost that is mainly utilized for completing the work of the project will be around
90%. It is the responsibility of the project manager to handle the entire situation by focussing
on the key performance indicators [9]. The performance indicators are considered as the
indicators of progress towards an intended outcome of the project. They are also utilized for
tracking the project in order to make sure that the entire project is on track and it will get
completed within the time and budget that is estimated.
The cost performance indicators are generally considered as the measure for the
financial effectiveness as well as efficiency of the entire project. It is identified that it
generally helps in representing the amount of the work that is generally completed for each of
the project unit [12].Moreover the cost performance indicators helps in analyzing the
efficiency of the cost that is generally used by the entire project as it generally helps in
measuring the entire value of the work that is generally completed in comparison to the actual
cost that is generally spent on the project.
On the other hand, time is also considered as one of the performance indicator that
further helps in analyzing the efficiency of the time that is mainly utilized by the entire
project as it mainly assists in measuring the entire work that is mainly completed [13]. If the
entire project gets completed within the assumed time then it can be analyzed that the project
objectives are generally met and it also helps in reflecting that the entire project is towards
success.
Project Management: Implementation of e-toll system in Hyderabad ring road_3

3
PROJECT MANAGEMENT
It is found that both the times as well as costs are generally considered as the
performance indicators that generally help in measuring the success of the project. It is found
that if the entire project gets finished successfully within the assumed budget and time then it
can be analyzed that the project is successful however, if the project does not get completed
within the time and budget that is assumed that the project is not towards success [10]. Thus,
it is analyzed that both the cost as well as the project budget are generally helpful in
measuring the project success.
The utilization of both the cost and time performance indicators are generally used
within the implementation of e-toll system in Hyderabad ring road that further helps in
reflecting the cost as well as performance indices of the project. The table that is provide
below helps in showcasing the cost variances of the project.
WBS Task Name
Duratio
n
Cost Actual Cost Baseline Cost
Cost
Variance
1
Implementation of
e-toll system in
Hyderabad Ring
road
67 days $130,480.00 $90,964.89 $114,202.00 $16,278.00
1.1
Project
background
research
16 days $5,880.00 $5,880.00 $5,880.00 $0.00
1.1.1
Road condition
checking
8 days $2,560.00 $2,560.00 $2,560.00 $0.00
1.1.2
Camera
research
3 days $840.00 $840.00 $840.00 $0.00
Project Management: Implementation of e-toll system in Hyderabad ring road_4

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