PROJ 6002: Project Planning and Budgeting

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ASSESSMENT BRIEF
Subject Code and Title PROJ 6002: Project Planning and Budgeting
Assessment Assessment 2 – Cost and Quality Management Plans (2 parts)
o Part A: Module Discussion Activity
o Part B: Cost and Quality Management Plans
Individual/Group Part A: Individual
Part B: Individual/Group
Length Part A: 750 words/student
Part B: 1500 words/student
Learning Outcomes Successful completion of this assessment will result in
achievement of the following subject learning outcomes:
1. Evaluate and apply a range of project scope, cost and
time management planning techniques and practices
to address the needs of complex project briefs,
including global, paying particular attention to issues
impacting project outcomes.
2. Present and justify budgetary and planning outcomes
to a globally diverse range of stakeholders who
represent competing interests in order to obtain
agreement and commitment to action.
3. Apply quality management planning tools and
techniques to achieve expected project outcomes.
Submission Part A:
Initial discussion by first half of Module 5.
Response to peer by 11:55pm AEST/AEDT Sunday End of
Module 5
Part B:
By 11:55pm AEST/AEDT Sunday First Half of Module 6
Weighting 50% (Part A: 10%; Part B: 40%)
Total Marks Part A: 10 marks
Part B: 40 marks

Context:
Project Cost Management includes the processes of planning, estimating, budgeting, financing,
funding, managing and controlling costs so that the project can be completed within the approved
budget.
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Project Cost Management planning begins with the process of developing cost estimates. In this
process, a project manager is tasked with considering all types of costs likely to be incurred in the
different phases of a project. In addition, the project manager will consider the risks likely to affect
costs and any variations these risks may cause. This helps the project manager to make more reliable
and usable cost estimates and ensure that any project budget variation due to unforeseen
circumstances is mitigated as much as possible. Once the cost-estimation process has been fully
carried out for each project activity, the project manager then combines the costs to determine the
project budget. Finally, the project manager will consider the steps he or she will take throughout the
project to ensure that the actual expenditure is kept within the budget specified.
Project Quality Management (PQM) includes the processes and activities of the performing
organisation that determine quality policies, objectives, and responsibilities so that the project will
satisfy the needs for which is was undertaken. PQM uses policies and procedures to implement, within
the project’s context, the organisation’s quality management system and, as appropriate, it supports
continuous process improvement activities as undertaken on behalf of the performing organisation.
PQM works to ensure that the project requirements, including the product requirements, are met and
validated.
Project Quality Management planning is the process of identifying quality requirements and/or
standards for the project and its deliverables, and documenting how the project will demonstrate
compliance with relevant quality requirements. The key benefit of this process is that it provides
guidance and direction on how quality will be managed and validated throughout the project.
Instructions:
This assessment has two parts. Part A is Module Discussion Activity and Part B is Cost and Quality
Management Plans.
For Parts A, each student will construct an

initial discussion in approximately 500 words to respond to
activity by the first half of the

the following questions and post on the relevant Module discussion Module.
Each student will also provide constructive feedback/comment in 250 words to at least one fellow
student discussion by the end of the Module. (Total 750 words for Assessment 2 Part A)
Part A: Module Discussion Activity
Defining project quality and its association to project cost management
How do you define quality in a project? Describe tools/techniques you think are a necessity for
planning a project’s quality management and how to implement them. Explain how the project cost
can be affected by poor quality and give some examples from the given case study.
Output:
Part A – provide an initial discussion of 500 words by first half of Module 5. Respond to at least one
fellow student discussion (Total 750 words for Assessment 2 Part A) by the end of Module 5.
PROJ6002_Assessment 2 brief_July 2019.docx Page 3 of 9
Part B: Cost and Quality Management Plans
Part B – You will use the given case study to complete this part individually or in a group of 2-3 students.
You will begin developing the cost management planning components of your Cost Management Plan
in Module 4. For this plan, you are responsible for developing the project cost estimate and a project
budget baseline.
In addition to your cost estimates and budget, include a 750 words to describe the processes, and
tools and techniques you are using in your cost management plan, as well as justification of your
budgetary plan. You can use the templates found in this module’s Learning Resources or a format of
your own.
In Module 5, you will develop the quality management planning components of your Quality
Management Plan. Refer to the learning resources and the template provided for guidance.
The written portion of your quality management plan should consist of 750 words. You can use the
templates found in this module’s Learning Resources or a format of your own.
If you work in group, nominate a group leader within your group and this group leader will submit
the group assessment on behalf of the group.
At the end of your assessment, you will individually, and anonymously, evaluate the contribution of
your group members and yourself in this assessment, using the Group Contribution Form provided.
On a scale of 1 to 10, rate yourself and then rate each of your fellow group members on their
performance and contribution to this assessment. Individually submit the completed group
contribution form on Blackboard.
Output:
Complete and submit your Cost and Quality Management Plans assessment (by the group leader)
and group contribution form (individually) by the first half of Module 6.
Learning Resources:
Aaltonen, K., & Kujala, J. (2010). A project lifecycle perspective on stakeholder influence strategies in
global projects. Scandinavian Journal of Management, 26(4), 381–397.
AIMS (2015). What is Project Cost Management? Tools, Techniques and Processes for PMP & PMBOK
| AIMS Lecture. Retrieved from https://www.youtube.com/watch?v=PflAkMayixM
Ainamo, A., Artto, K., Levitt, R. E., Orr, R. J., Scott, W. R., & Tainio, R. (2010). Global projects:
Strategic perspectives. Scandinavian Journal of Management, 26(4), 343–351.
Heldman, K. (2013). PMP Project Management Professional Exam Study Guide (7th ed.). Indianapolis,
IN: Wiley.
 Chapter 5: Developing the Project Budget and Communicating the Plan
 Chapter 6: (up to ‘Analyzing Risks Using Qualitative Techniques’)
Pensar, S. (2010, August 17). Five challenges in global projects. Retrieved from
https://www.itforbusiness.org/article/five-challenges-in-global-projects/
complete the templates provided as appendix.
complete the templates provided as appendix
PROJ6002_Assessment 2 brief_July 2019.docx Page 4 of 9
Project Management Institute. (2017). A guide to the project management body of knowledge
(PMBOK Guide®) (6th ed.). Newtown Square, Pennsylvania: Project Management Institute.
Project Management Institute. (2013). A guide to the project management body of knowledge
(PMBOK Guide®) (5th ed.). Newtown Square, Pennsylvania: Project Management Institute.




Section 7.1: Plan Cost Management
Section 7.2: Estimate Costs
Section 7.3: Determine Budget
Section 8.1: Plan Quality Management

Rodrigues, I., & Sbragia, R. (2013). The cultural challenges of managing global project teams: A study
of Brazilian multinationals. Journal of Technology Management and Innovation, 8. Retrieved from
http://www.jotmi.org/index.php/GT/article/view/1237
Sahi, R. (2009). Managing Projects Across the Global Enterprise. Retrieved from
http://www.pmi.org/learning/managing-projects-global-six-challenges-6823
Snyder, C. S. (2013). A project manager’s book of forms: A companion to the PMBOK guide (2nd ed.).
Indianapolis, IN: Wiley.



Document: Cost Estimating Worksheet Template
Document: Cost Management Plan Template
Document: Quality Management Plan Template
Wysocki, R. K. (2014). Effective Project Management: Traditional, Agile, Extreme (7th ed.).
Indianapolis, IN: Wiley.
Chapter 5, section ‘Estimating Cost’

Document: Group Contribution Form
Assessment Criteria:
Submitted assessment will be marked using the Learning Rubric enclosed.
Students’ contribution in the group assessment will be calculated from the submitted Group
Contribution forms. This will then feed into each student’s assessment result.
PROJ6002_Assessment 2 brief_July 2019.docx Page 5 of 9
Learning Rubric: Part A – Module 5 Discussion Activity

Assessment Attributes Fail
(0-49)
Pass
(50-64)
Credit
(65-74)
Distinction
(75-84)
High Distinction
(85-100)
Identification and
application of cost and
quality management
planning tools and
techniques
60%
Fails to identify or apply
cost and quality
management planning
tools and/or techniques
to address project briefs
Identifies and applies
cost and quality
management planning
tools and/or techniques
to address project briefs.
Identifies and applies
cost and quality
management planning
tools and techniques to
address project briefs.
Identifies the issues
impacting project
outcomes.
Identifies and applies a
range of cost and quality
management planning
tools, techniques and
practices to address
project briefs and
identifies the issues
impacting project
outcomes.
Elaborates on the
consequences of the
application of cost
management tools to
the project.
Critically evaluates and
applies a range of cost
and quality management
planning tools,
techniques and practices
to address project briefs
and the issues impacting
project outcomes and
success.
Elaborates on the
consequences of the
application of cost
management tools to
the project.
Constructive feedback
to peers
30%
Fails to offer any
feedback.
No support or
encouragement to
peers.
No awareness or
sensitivity to diversity
amongst peers.
Offers feedback but
rarely constructive or
useful.
Feedback is not always
clear or specific to guide
peers.
Little support or
encouragement to
peers.
Offers feedback that is
sometimes constructive
or useful.
Feedback is provided
with examples to guide
peers.
Some support and
encouragement to
peers.
Offers constructive
feedback regularly.
Formulates the merits of
alternative ideas or
proposals and
communicates them to
peers.
Offers support and
encouragement to
peers.
Always offers detailed
constructive feedback
that is specific and
appropriate.
Expertly articulates the
merits of alternative
ideas or proposals and
communicates them
effectively to peers.
Provides expert
assistance, support, and

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Demonstrates little
awareness of and/or
sensitivity to diversity
amongst peers.
Demonstrates some
level of awareness of
and sensitivity to
diversity amongst peers.
Demonstrates a high
level of awareness of
and sensitivity to
diversity amongst peers.
encouragement to
peers.
Consistently
demonstrates a high
level of awareness of
and sensitivity to
diversity amongst peers.
Use of academic and
discipline conventions
and sources of evidence
10%
Poorly written with
errors in spelling,
grammar.
Demonstrates
inconsistent use of good
quality, credible and
relevant research
sources to support and
develop ideas.
There are mistakes in
using the APA style.
Is written according to
academic genre (e.g.
with introduction,
conclusion or summary)
and has accurate
spelling, grammar,
sentence and paragraph
construction.
Demonstrates consistent
use of credible and
relevant research
sources to support and
develop ideas, but these
are not always explicit or
well developed.
There are no mistakes in
using the APA style.
Is well-written and
adheres to the academic
genre (e.g. with
introduction, conclusion
or summary).
Demonstrates consistent
use of high quality,
credible and relevant
research sources to
support and develop
ideas.
There are no mistakes in
using the APA style.
Is very well-written and
adheres to the academic
genre.
Demonstrates consistent
use of good quality,
credible and relevant
research sources to
support and develop
appropriate arguments
and statements.
Shows evidence of
reading beyond the key
reading
There are no mistakes in
using the APA style.
Expertly written and
adheres to the academic
genre.
Demonstrates expert
use of high-quality,
credible and relevant
research sources to
support and develop
arguments and position
statements. Shows
extensive evidence of
reading beyond the key
reading
There are no mistakes in
using the APA Style.

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Learning Rubric – Part B: Cost and Quality Management Plans

Assessment
Attributes
Fail
(0-49)
Pass
(50-64)
Credit
(65-74)
Distinction
(75-84)
High Distinction
(85-100)
Knowledge and
understanding of
Cost and quality
management
60%
Neglects one or more
elements of cost and
quality management
plan.
Key components of the
assignment are not
addressed.
Completes all elements
of cost and quality
management plan.
Resembles a recall or
summary of key ideas.
Often conflates/confuses
assertion of personal
opinion with information
substantiated by
evidence from the
research/course
materials.
Elaborates all elements
of cost and quality
management plan.
Supports personal
opinion and information
substantiated by
evidence from the
research/course
materials.
Demonstrates a capacity
to explain and apply
relevant concepts.
Elaborates all elements
of cost and quality
management plan and
identifies the issues
impacting cost and
quality management
planning as they effect
project outcomes.
Discriminates between
assertion of personal
opinion and information
substantiated by robust
evidence from the
research/course
materials and extended
reading.
Well demonstrated
capacity to explain and
apply relevant concepts.
Critically evaluates all
elements of cost and
quality management plan
to address project brief
and elaborates the issues
impacting cost and
quality management
planning as they effect
project outcomes and
success.
Systematically and
critically discriminates
between assertion of
personal opinion and
information
substantiated by robust
evidence from the
research/course
materials and extended
reading.
Mastery of concepts and
application to new
situations/further
learning.
Use of academic and
discipline
Poorly written with
errors in spelling,
grammar.
Is written according to
academic genre (e.g.
with introduction,
Is well-written and
adheres to the academic
genre (e.g. with
Is very well-written and
adheres to the academic
genre.
Expertly written and
adheres to the academic
genre.

PROJ6002_Assessment 2 brief_July 2019.docx Page 8 of 9

conventions and
sources of evidence
10%
Demonstrates
inconsistent use of good
quality, credible and
relevant research sources
to support and develop
ideas.
There are mistakes in
using the APA style.
conclusion or summary)
and has accurate
spelling, grammar,
sentence and paragraph
construction.
Demonstrates consistent
use of credible and
relevant research sources
to support and develop
ideas, but these are not
always explicit or well
developed.
There are no mistakes in
using the APA style.
introduction, conclusion
or summary).
Demonstrates consistent
use of high quality,
credible and relevant
research sources to
support and develop
ideas.
There are no mistakes in
using the APA style.
Consistently
demonstrates expert use
of good quality, credible
and relevant research
sources to support and
develop appropriate
arguments and
statements.
Shows evidence of
reading beyond the key
reading
There are no mistakes in
using the APA style.
Demonstrates expert use
of high-quality, credible
and relevant research
sources to support and
develop arguments and
position statements.
Shows extensive
evidence of reading
beyond the key reading
There are no mistakes in
using the APA Style.
Effective
communication
30%
Difficult to understand
for audience, no
logical/clear structure,
poor flow of ideas,
argument lacks
supporting evidence.
No effort is made to keep
audience engaged,
audience cannot follow
the line of reasoning.
Little use of presentation
aids, or the presentation
aids and material used
are irrelevant.
Information, arguments
and evidence are
presented in a way that
is not always clear and
logical.
Attempts are made to
keep the audience
engaged, but not always
successful.
Line of reasoning is often
difficult to follow.
Presentation aids are
used more for effect than
relevance.
Information, arguments
and evidence are well
presented, mostly clear
flow of ideas and
arguments.
The audience is mostly
engaged, line of
reasoning is easy to
follow.
Effective use of
presentation aids.
Information, arguments
and evidence are very
well presented, the
presentation is logical,
clear and well supported
by evidence.
Engages the audience,
demonstrates cultural
sensitivity.
Carefully and well
prepared presentations
aids are used.
Expertly presented; the
presentation is logical,
persuasive, and well
supported by evidence,
demonstrating a clear
flow of ideas and
arguments.
Engages and sustains
audience’s interest in the
topic, demonstrates high
levels of cultural
sensitivity
Effective use of diverse
presentation aids,

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including graphics and
multi-media.

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