Cost and quality management for Project Management Curriculum in Nigeria

Cost Management:

            Total cost of the project is $94,000. It is better to divide the cost in different ROMs for better management. ROM budget is referred to the initial steps that are taken for preparation of the project. They provide cost range to get an idea about the size and scope of the project. ROM for Project Management Curriculum in Nigeria is divided into seven parts. These parts include Milestone 1, Milestone 2, Milestone 3, Milestone 4, Milestone 5, Milestone 6, and Milestone 7. The cost incurred on first milestone is US$10,000. This cost will be incurred on transportation expenses required to travel to Nigeria.

            Second, mil stone is determination of physical site for the program for its hosting. Its cost is US$ 15,000. Mile third and fourth are about staffing required for the projects and the development of core curriculum and its finalization. Costs are US$ 20,000 and US$16,000 respectively. Similarly, millstone fifth is about class schedule and open enrollment, which is accounted for US$ 5000. Classes up and running required US$25, 0000 as a second last milestone and finalization and deliverance of certification process requires US$ 3000.

Quality Management:

            Quality will be maintained in all project deliverables that are also mentioned in ROMs of the project. The major objective behind quality management is to deliver the project deliverables with efficiency and effectiveness.  The project deliverables not only need to deliver, but there will be no wastage of resource as well. This objective can be done through ensuring efficiency and defectiveness. Quality planning, quality assurance and quality control are the three phases that required quality management. These phases need careful attention to bring quality in the project.

Assignment on Cost and quality management for Project Management Curriculum in Nigeria By Date: Cost and quality management for Project Management Curriculum in Nigeria Cost Management: Total cost of the project is $94,000. It is better to divide the cost in different ROMs for better management. ROM budget is referred to the initial steps that are taken for preparation of the project. They provide cost range to get an idea about the size and scope of the project. ROM for Project Management Curriculum in Nigeria is divided into seven parts. These parts include Milestone 1, Milestone 2, Milestone 3, Milestone 4, Milestone 5, Milestone 6, and Milestone 7. The cost incurred on first milestone is US$10,000. This cost will be incurred on transportation expenses required to travel to Nigeria. Second, mil stone is determination of physical site for the program for its hosting. Its cost is US$ 15,000. Mile third and fourth are about staffing required for the projects and the development of core curriculum and its finalization. Costs are US$ 20,000 and US$16,000 respectively. Similarly, millstone fifth is about class schedule and open enrollment, which is accounted for US$ 5000. Classes up and running required US$25, 0000 as a second last milestone and finalization and deliverance of certification process requires US$ 3000. Quality Management: Quality will be maintained in all project deliverables that are also mentioned in ROMs of the project. The major objective behind quality management is to deliver the project deliverables with efficiency and effectiveness. The project deliverables not only need to deliver, but there will be no wastage of resource as well. This objective can be done through ensuring efficiency and defectiveness. Quality planning, quality assurance and quality control are the three phases that required quality management. These phases need careful attention to bring quality in the project. Role of top-level members in the project is important. Their commitment level is necessary to maintain for delivering the project with quality. If they are less motivated, rest of the project member will also be not in position to deliver the same performance level as expected. Evaluation system will be developed to monitor the project deliverables and their directional. Evaluation will determine whether project deliverables are being delivered in right directions or not and what are the areas for improvements in this regard. Hence, quality management is an important factor in the project. Quality Plan: Quality planning is regarding the program developed for the entire project to control quality. This program is THRIVE. First templates will be utilized for initial execution and development. This is important for the project quality planning. Guidelines for the plan will be acquired from knowledge resources available in PMBOK. It provides guidance for quality management and guidepost. These two aspects are critical for the entire quality program. Compliance with state and federal laws and regulations will be ensured. This is an important consideration for the project. Lack of compliance with the regulations and laws along with industry standards develop risks for the project. Minimum quality standard for the project deliverables will be determined with the information-collected form all stakeholders. This will be done through survey, interviews and participation of project stakeholders. Once, the standards are required they will be ready for implementation. Therefore, quality planning is an important facet in overall management of quality in the project. Quality planning and cost and quality management are interrelated and managed with interrelation. Therefore, it is important to manage them in a cohesive manner throughout their implementation stages.

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