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Project Management

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Project Management
BSBPMG522A
ASSESMENT 2
ANSWERS
Q.1
- List of 6 different legislation, organizational policies or procedures that may impact on project implementation are as follows:
a. The cabinet approval process.
b. Office of Parliamentary counsel.
c. Consultation wiyh Local Government and National Competition Policy.
d. Consultation with other key Stakeholders.
e. Tabling in Parliament.
f. Timing of Commencement of the Act.

Q.2
- Project stakeholders are individuals and organizations that are actively involved in the project, or whose interests may be affected as a result of project execution or project completion. They may also exert influence over the project's objectives and outcomes.
If my project starts slipping than I would start the following steps:
a. Work overtime: Everyone hates it, but one logical place to start is with overtime. If people work more hours, they can get more work done in the same amount of calendar time. Overtime may be the best option if you're close to the end of the project and just need a final push to get everything done on schedule. If you're toward the end of the project, you also may be able to issue comp time after the project is completed. If you're still early in the project, there are probably more effective strategies. This option may also have cost implications if you need to have contract resources work overtime..
b. Double-check all dependencies.
c. Check time-constrained activities.
d. Swap resources.
e. Crash the schedule.
f. Reallocate resources. Q.3
- 5 phases of IT projects are :
a. Project conception and initiation.
b. Project launch or execution.
c. Project definition and planning.
d. Project performance and control.
e. Project close.

Q.4
-I would take following steps when outsourcing a project:
a. Disadvantages
b. Advantages
c. Challenges
d. Strategic factors
e. Operational factors
f. Cost structure comparison.

Q.5

1. ROI
One of the top factors for prioritizing projects is the comparison of project costs versus

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