Project Management Budget Variation Report for BSBPMG522 Course

This document is a project management report, likely for a course like BSBPMG522, based on the provided content and the assignment brief. It includes a budget variation report detailing income and expense variations, with percentages, and a breakdown of hardware, software, and wages. The report also defines roles and responsibilities within the project, including the project client, sponsor, manager, and team members, with their respective duties. A handover report summarizes objectives, deliverables, and a schedule, noting that the project was completed on the 16th of July 2020. It includes an issues summary, detailing an issue regarding agent participation. The report is supported by attached documents such as a Project Charter and Project Plan. The assignment brief outlines the steps for project management, from defining the project scope and developing a plan to monitoring and finalizing the project, including financial record-keeping and stakeholder reporting. The project is set in the context of Max Lionel Realty.

Running Head: PROJECT MANAGEMENT
MLR Project
Name of the Student
Name of the University

1PROJECT MANAGEMENT
Budget Variation Report
Project name:
Income Budget Actual %
Variation
No direct income in the project
Total income
Expense Budget Actual %
Variation
Hardware $2500 $3000 20%
Software $5000 $4000 -20%
Wages $80,40
0
$85,000 5.6%
Subtotal $87,90
0
$92,000 4.7%
TOTAL $92,000
Signed Role Descriptions
Role Name/s Responsibilities Signature/s
(if required)

2PROJECT MANAGEMENT
Project client/owner
The person who requires
the project to be
undertaken.
Max Lionel Supervision and
governance
Project sponsor/project
director/project board
Senior management of
the project. Accountable
for the success of the
project. Has the authority
to commit resources.
Max Lionel Funding
Project manager
Person responsible for
running the project on a
day-to-day basis within
defined authorities for
cost and schedule as
agreed with the project
sponsor/board.
Kim Sweeney Planning and
management
Manager of the project
manager
The operational/line
manager who the project
manager reports to on a
day-to-day basis.
Max Lionel Supervision and
progress
monitoring
Project team members
Staff who will be working
on the project.
Les Goodale,
Sam Lee, Pat
Mifsud, Peter
Mitchell
Working on the
work packages
specified for the
project
Steering committee/
working party
To provide advice and
recommendations.
Riz Mehra Providing advices
and
recommendations
to the team

3PROJECT MANAGEMENT
Handover Report
Handover report
Initial overall
objectives
Conduct meeting with tenants, clients and agents
Agreed changes
to objectives
Use visual presentation during the meetings
Final agreed deliverables
Item Budgeted cost Final
cost
Schedule
date
Final date
Conducting
interactive session
$87,900 $92,000 16/07/202
0
16/07/2020
Total $87,900 $92,000 16/07/202
0
16/07/2020
Issues summary
Item Strategy Date
logged
Date
resolved
Agents’ issues
regarding
participation
Compulsory and alternate
participation
20/03 23/03
Documents attached
No. Title
1 Project Charter
2 Project Plan
____________________
Project Manager
_____________________
Project Sponsor
_____________________
Project Client