Ritesh Raj BSBPMG512 – Assessment Task 1.docx

Ritesh Raj BSBPMG512 – Assessment Task 1.docx -...

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Assessment 1 BSBPMG512 – Assessment Task 1 WIA - SID: 7008 BSBPMG512 – Assessment Task 1 1. What is the business understanding of project governance in relation to time management? Time management includes any type of necessary activities to achieve project goals before due date. Achieving the scope of the project, in time, costs and quality required by the client, without exceeding the inherent risks of the project. This includes activities such as: activities definition, activity sequencing, activity resource estimating, and Activity duration estimating. Time management helps us to business understanding because give us a logical and general vision of the project in terms of time and costs. 2. Who has carriage of governance of time in projects? What are the senior management team’s roles to ensure time management is adhered to? The project manager and the senior management team. Project Sponsor: must review and approve the final baseline schedule and only significant changes through the schedule change control process. Project Director : must approve the project’s Schedule Management Plan, baseline schedule, and any significant changes through the schedule change control process. The Project Director is ultimately responsible for the schedule and to complete the project according to the schedule. Project Manager: must oversee, provide input to the schedule (via the change control process) and review schedule status reports provided by the Project Scheduler. The Project Manager will also evaluate time-risk recommendations from the Project Scheduler to avoid schedule issues. Functional Managers: must notify the Project Manager and Project Scheduler of workload changes that may affect the schedule. The Functional Manager will also review and approve time estimates provided by staff for the schedule. Project Scheduler: lead the schedule management effort, sponsor task-tracking activities, facilitate schedule status communication, and maintain the projects’ scheduling tool and supporting documentation. The Project Scheduler will make recommendations to the Project Manager to avert schedule variances that may adversely affect the project budget, expenditures, or critical path. Quality Assurance : will periodically audit scheduling practices to validate compliance with this Schedule Management Plan. Project Staff: will provide accurate time estimates for the beginning and completion of work as well as status reports on the achievement of those times.
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