Project Management Assignment: Budgeting, WBS, Timeline, and Resources

This project management assignment provides a comprehensive overview of key project management elements. It includes a work breakdown structure (WBS) that breaks down the project into manageable tasks, a timeline presented using a Gantt chart, and a detailed resource allocation plan specifying the duration and resources needed for each task. The assignment also features a project budget outlining the costs associated with various tasks and a cost baseline for tracking project expenses. Furthermore, the assignment incorporates budget management using Microsoft Project, emphasizing the importance of a clear and detailed budget, and the inclusion of a baseline for effective cost control. The assignment also includes the WBS, staff assignments to tasks and activities, and the start and end dates of each iteration. Finally, the assignment incorporates key project management concepts such as initial project planning, requirements specification, project management plan, final documentation, initial demonstration, and final release.

Running head: PROJECT MANAGEMENT
Project management
Name of the Student
Name of the University
Author’s Note

1
PROJECT MANAGEMENT
Table of Contents
1. Work breakdown structure.....................................................................................................2
2. Timeline.................................................................................................................................2
3. Resource allocation................................................................................................................3
4. Project budget.........................................................................................................................4
5. Cost baseline..........................................................................................................................5
Bibliography...............................................................................................................................6

2
PROJECT MANAGEMENT
1. Work breakdown structure
WBS Task Name
0 Project plan
1 Initial project planning
2 Requirement specification and feasibility study
3 Project management plan and drafting solution design
4 Final documentation
5 Initial project demonstration
6 Final release
7 Project completion
2. Timeline
Figure 1: Gantt chart
(Source: Created by Author)

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PROJECT MANAGEMENT
3. Resource allocation
Task Name Duration Start Finish Predecessors Resource Names
Project plan 131 days
Fri 15-03-
19
Wed 11-
09-19
Initial project
planning
6 days
Fri 15-03-
19
Fri 22-03-
19
Project manager,
Project planner
Requirement
specification and
feasibility study
11 days
Mon 25-
03-19
Mon 08-04-
19
1
Financial manager,
IT Manager
Project
management plan
and drafting
solution design
20 days
Tue 09-
04-19
Mon 06-05-
19
2
Cloud
costs[1],Documenter
Final
documentation
54 days
Tue 07-
05-19
Fri 19-07-
19
3 Documenter
Initial project
demonstration
18 days
Sat 20-07-
19
Mon 12-08-
19
4
Hardware
acquisition[1],IT
Manager
Final release 11 days
Tue 13-
08-19
Tue 27-08-
19
5
Microsoft
license[1],Project
planner
Project
completion
11 days
Wed 28-
08-19
Wed 11-09-
19
6
Project manager,
Project planner

4
PROJECT MANAGEMENT
4. Project budget
WBS Task Name Duration Start Finish Predecessors Resource Names Cost
0 Project plan 131 days
Fri
15-
03-
19
Wed
11-09-
19
$
334,700.00
1
Initial project
planning
6 days
Fri
15-
03-
19
Fri
22-03-
19
Project manager,
Project planner
$ 92,112.00
2
Requirement
specification
and feasibility
study
11 days
Mon
25-
03-
19
Mon
08-04-
19
1
Financial manager,
IT Manager
$ 83,520.00
3
Project
management
plan and
drafting
solution design
20 days
Tue
09-
04-
19
Mon
06-05-
19
2
Cloud
costs[1],Documenter
$ 54,076.00
4
Final
documentation
54 days
Tue
07-
05-
19
Fri
19-07-
19
3 Documenter $ 68,640.00
5 Initial project
demonstration
18 days Sat
20-
Mon
12-08-
4 Hardware
acquisition[1],IT
$ 5,880.00

5
PROJECT MANAGEMENT
07-
19
19 Manager
6 Final release 11 days
Tue
13-
08-
19
Tue
27-08-
19
5
Microsoft
license[1],Project
planner
$ 22,112.00
7
Project
completion
11 days
Wed
28-
08-
19
Wed
11-09-
19
6
Project manager,
Project planner
$ 8,360.00
5. Cost baseline
06 May 2019
13 May 2019
20 May 2019
27 May 2019
03 June 2019
10 June 2019
17 June 2019
24 June 2019
01 July 2019
08 July 2019
15 July 2019
22 July 2019
29 July 2019
05 August 2019
12 August 2019
19 August 2019
26 August 2019
02 September 2019
09 September 2019
$ 0.00
$ 50,000.00
$ 100,000.00
$ 150,000.00
$ 200,000.00
$ 250,000.00
$ 300,000.00
$ 350,000.00
$ 400,000.00
Cost baseline
Cumulative Cost
Figure 2: Cost baseline
(Source: Created by Author)

6
PROJECT MANAGEMENT
Bibliography
Badewi, A. (2016). The impact of project management (PM) and benefits management (BM)
practices on project success: Towards developing a project benefits governance
framework. International Journal of Project Management, 34(4), 761-778.
Hornstein, H. A. (2015). The integration of project management and organizational change
management is now a necessity. International Journal of Project Management, 33(2),
291-298.
Kerzner, H., & Kerzner, H. R. (2017). Project management: a systems approach to planning,
scheduling, and controlling. John Wiley & Sons.
Todorović, M. L., Petrović, D. Č., Mihić, M. M., Obradović, V. L., & Bushuyev, S. D.
(2015). Project success analysis framework: A knowledge-based approach in project
management. International Journal of Project Management, 33(4), 772-783.