Quality Management Plan for Project

The Quality Management Plan outlines the project's cost baseline and funding requirements for a project at Central Queensland University. It includes detailed activities, their associated costs, and a management reserve, ensuring effective project planning and execution.

[----- For Central Queensland University Only-----]
COST BASELINE & FUNDING
REQUIREMENT
OUR LANGUAGE IS IMPORTANT
Shiva Prasad Byri, 12034760

COST BASELINE
WBS Activities September October November December January February
0 OUR LANGUAGE IS IMPORTANT
1 Initiation and Planning
1.1 Arrange the information regarding the signage
by conducting various meetings $1,750
1.2 Develop initial scope document $1,000 $1,510
1.3 Plan the project deliverables $3,000
2 Implementation
2.1 Design the sign boards $2,000 $750
2.2 Make the sign boards $3,990 $13,830
2.3 Ship the sign boards to Central Queensland
University $1,500
2.4 Install the new signboards along with the old
ones $500 $8,270 $500
3 Verification and Closure
3.1 Inspect the installs $2,750 $100
3.2 Developed signed document for the closure of
activities $110
3.3 Conduct closure meeting $2,000
3.4 Document & circulate lessons learnt $400
Monthly Total $2,750 $6,510 $4,740 $15,830 $11,020 $3,110
Cumulative Total $2,750 $9,260 $14,000 $29,830 $40,850 $43,960
[----- For Central Queensland University Only-----]

FUNDING REQUIREMENTS
Gate Funding Required
Project Initiation & Planning Gate $7,260.00
Design Gate $2,750.00
Manufacturing Gate $17,820.00
Delivery Gate $1,500.00
Installation Gate $9,270.00
Verification & Closing Gate $5,360.00
Cost Baseline (Sub-Total) $43,960.00
Management reserve 15% of Cost Baseline $13,188.00
Total Funding Requirements
(Cost Baseline + Management Reserve) $57,148.00
[----- For Central Queensland University Only-----]