PPMP20010: Auditing - Project Audit and Termination Report Writing Assessment Answer

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Internal Code: E_AI_DHJG_ABI Code: PPMP20010

Project Audit and Termination Report Writing Assessment Answer

Assignment Task: PPMP20010 The Project Audit and Termination Report is a tool used to substantiate to the stakeholders of a project that the goals and objectives of the project have been met and important items or deliverables have been produced by the project. The report is a vital communication tool that is used as the basis for ensuring that the stakeholders acknowledge the project success and accept the outcomes. Kerzner (2017) in Section 11.32 identifies five different types of project audits – Performance, Compliance, Quality, Exit, and Best Practices. Audits do not have to occur at the end of a project but can occur during the project life cycle as health checks and quality audits. The PMBOK (2017) Part 1 Section 4.7 advises the process to be followed when closing or finalizing all the activities within a project. PPMP20010 Chapter 20 of Managing Successful Projects with PRINCE2 discusses the PRINCE2 approach to Closing a Project. Not all projects terminate successfully; Kerzner (2017) also discusses the reasons why some projects are stopped (Section 11.21) and the lessons for the project manager (Section 9.1) if the processes for phase-outs and transfers are not conducted correctly. PPMP20010 The report is based on the contents of Managing Successful Projects with PRINCE2 (2017), A Guide to the Project Management Body of Knowledge (PMBOK Guide) sixth Edition (2017) and Kerzner Project Management: A Systems Approach to Planning, Scheduling and Controlling (2017). AUDITABLE CATEGORIES - PPMP20010 In addition to the Kerzner (2013) Section 11.32 list of categories, Directing Successful Projects with PRINCE2 Section 9.3.1 identifies that there are four metrics that may be valuable and included in an End Project Report – Progress, Quality, Change and Risk. Each auditable category should have a value to the project and future projects. The table below has been designed to reflect Kerzner and PRINCE2. PPMP20010 Complete the table below by identifying the WBS items that should be audited and the category that the WBS item falls into. Additionally, specify what metric(s) are significant for the WBS item. Section 9.3.1.1 - 9.3.1.4 of Directing PRINCE2 suggests some metrics, such as Effort, Cost, Time Variances, Value, Defects, Quality, Number of Occurrences, Adequacy, etc. You may also perceive of other metrics that are important to you. WBS items may occur in more than one auditable category and have more than one metric that you measure them by. You may wish to write a short answer as a paragraph to explain what is required, rather than list each item. Adjust by adding extra rows or columns or merging cells in the table as required to show the items in each of the categories Delete this guidance box when you have finished with the content. AUDIT PLAN - PPMP20010 Managing Successful Projects with PRINCE2 page 94 states that an audit review is typically undertaken at the end of each stage and at the end of the project. Kerzner in Section 11.32 states the audits can be scheduled or random and can be performed by in-house personnel or external examiners. The audits are independent and focus on either discovery or decision-making purpose. Identify the elements of the audit plan using the table below. You may wish to write a short answer as a paragraph to explain what is required, rather than list each item. Adjust by adding extra rows or columns or merging cells in the table as required to show the items in each of the categories. PROJECT TERMINATION / CLOSURE PLAN - PPMP20010 Planning a termination or closure requires preparation and attention by the project team. Please write a description below as to how, when and the process for the termination/closure of your project. If you wish to include a Gantt chart or other illustration, then please do so.
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