Planned Value Estimations in Graphical forms & Table

The cost management of the project is a comprehensive phase for any project where certain milestones are attained by fulfilling all the required stages or milestones. The total project cost would be $ 94,000 and ROM budget would be made in a way to manage better a project or task.

The project management in terms of Curriculum development in Nigeria requires following steps, which includes at starting the cost, would be $ 10,000, which would be required for transportation expenditures in a way to travel to Nigeria.

In the second phase there involves the identification of physical site and at third & Fourth stage includes the staffing and development of curriculum

At later stages, class scheduling and deliverance of certificate would be made. The costs incurred for second stage would total for $ 15,000 whereas the third & fourth stage requires the total costs of $36,000 in terms of hiring, staffing and development of curriculum.

Slide 2: Cost Management The cost management of the project is a comprehensive phase for any project where certain milestones are attained by fulfilling all the required stages or milestones. The total project cost would be $ 94,000 and ROM budget would be made in a way to manage better a project or task. The project management in terms of Curriculum development in Nigeria requires following steps, which includes at starting the cost, would be $ 10,000, which would be required for transportation expenditures in a way to travel to Nigeria. In the second phase there involves the identification of physical site and at third & Fourth stage includes the staffing and development of curriculum At later stages, class scheduling and deliverance of certificate would be made. The costs incurred for second stage would total for $ 15,000 whereas the third & fourth stage requires the total costs of $36,000 in terms of hiring, staffing and development of curriculum. The class scheduling would require $ 5,000 costs whereas at the finalization there would be a requirement of $ 25,000 budget. The delivery of certificates would require a total cost of $3,000. Slide 3: Planned Value Estimations in Graphical forms & Table This slide presents the total cost or budget requirements in the form of the table and graph. The cost control chart is presented for making a comparison in between the planned and cumulative cost streams where costs or budgets are shown for each stage or milestone in the curriculum development project in Nigeria. Slide 4: Quality Management The project would require top notch quality management in perspective of ROM’s. The basic aim of the quality management practices in a project is to deliver it with utmost effectiveness and efficiencies. The other aim is to reduce or eliminate the resource wastages in implementing quality management in a project. The three significant stages or phases in this process would involve the planning, assurances and quality control in the existing project. The top-notch quality in a project could only be attained through the direct participation of the top management and executives. The commitment should be the driving force for marinating the quality factor in a project and on the other hand, if the top management is less excited they could not be in a position to deliver the project with same performance levels. The evaluation of the systems should also be made in project for monitoring of the project and getting the project in the right direction as well. There is always a room for improvement in the project, which could only be possible through better evaluation of the project deliverables. Slide 5: Planning of Project The quality improvisation requires the development of project according to standards. At the starting stages, the templates would be used for development and initial execution of the project. The information is gathered from the PMBOK in a way to provide the guidance in implementing improvements in a project. There should a complete compliance with the rules and regulations as well as laws of the local government because if it is lacking it would not bring quality in a project. At this stage, there would be minimum determination of the quality standards from the information collected from the major stakeholders in a project. The quality management is termed as an imminent stage in a project where the costs planning is done and is interrelated with the main concepts.

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Category Consumer Behavior
Paper Type APA
Reference Type Case Study
Words 571

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