Plan, Manage, Direct, & Review Program Time - Delegation & Management of Responsibilities - Management Assignment Help

Assignment Task

Unit 1: Plan, Manage, Direct, and Review Program Time

Examples of evidence for this Unit

• application of lessons learned from a previous project(s) in planning new project
• time management strategies
• time management analysis, forecasts, and predictions
• analysis of options to identify variances and the forecast of the impact of changes on the schedule
• project work breakdown structure
• key activity schedule
• application of precedence and dependency principles to task definition and subordinate project schedules
• records of regular and ad hoc communication of schedules to stakeholders
• application of and modifications to monitoring, review, and reporting mechanisms
• application of actual progress against planned progress
• records of corrective actions taken against variances in the program schedule
• records of lessons learned

Underpinning Knowledge 
This aspect of the assessment is designed to demonstrate your underpinning knowledge of project and program management theory and how it is applied (or not) to your programs and subordinate projects.
In one or two concise paragraphs describe or explain how the following statements apply to your work:

• The principles of time management and their application in the context of the program and subordinate projects
• Organizational policies, guidance, and attitudes to time management
• Delegation and management of responsibilities for time management
• Development of the program master schedule
• Use of the schedule as a control mechanism
• The differences in work content, risk, processes, tools, and techniques that apply in the various phases of the program life cycle
• Five ways of accelerating program completion (including project schedule compression techniques) and the advantages and disadvantages of each

Unit 2: Plan, Manage, Direct, and Review Program Costs
Examples of evidence for this Unit

• application of lessons learned from a previous project(s) in planning new projects within the program 
• cost estimates at cost element and summary levels
• cost management plans, strategies, analysis, forecasts, and predictions
• cost breakdown structures
• analysis and evaluation of options for responding to program/ project budget variations
• measures to maintain control over changing program/ project budget and cost objectives
• financial feasibility studies
• program budgets and expenditure forecasts
• cash flow profiles
• financial transition plans
• budget control mechanisms
• records of clearance of program liabilities and disposal of assets
• vendor cost management experience
• documented benefit realization
• project and program finalization reports
• records of cost management lessons learned
• financial audit documentation

Underpinning Knowledge 
This aspect of the assessment is designed to demonstrate your underpinning knowledge of project and program management theory and how it is applied (or not) to your programs and subordinate projects.
In one or two concise paragraphs describe or explain how the following statements apply to your work:

• The principles of cost management and their application in the context of the program and subordinate projects
• The principles and practice of earned value management
• The principles of planned value, actual costs, and forecasting for cost control
• Organizational policies, guidance, and attitudes to cost management (including Delegation and management of responsibilities for cost management)
• Development of program-level budgets and Use of the budget as a control mechanism
• The differences in work content, risk, processes, tools, and techniques that apply in the various phases of the program life cycle
• Five cost control techniques may be used to recover the program budget in the event of an overrun or an undesirable forecast. 

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