Considering the results of the above EVM, explain whether the project is ahead of or behind schedule and over or under budget
The Bartlett School of Sustainable Construction
ASSESSMENT BRIEF AND CRITERIA
BCPM0066: Project Management I
Assessment Brief
Question 1 (20 marks)
A construction client embarked on a journey to produce 70 new buildings. The total cost of
production is estimated at £150,000 and the total duration of the project is proposed to be 50
weeks. The rate of project progress is expected to be uniform and linear. At the end of week
35 the actual cost of work performed (ACWP) stood at £90,000 and the total number of
produced buildings was 42. Carry out an earned value analysis by calculating the following:
1.1 Schedule performance index (SPI)
1.2 Cost performance index (CPI)
1.3 Estimate to completion (ETC)
1.4 Estimate at completion (EAC) using two formulae
- 5 Estimate variance at completion (VAC) using two formulae
a. Provide an estimate of a revised duration for the project (10 marks)
b. Considering the results of the above EVM, explain whether the project is ahead of or
behind schedule and over or under budget (max 100 words) (10 marks)
Question 2 (20 marks)
Two alternative designs (Design A and Design B) are considered for the architectural scheme
of an office building:
Design A costs £1.3 million
Probability of completing without any delay is 85%
Probability of delaying one month is 15%
Design B costs £ 1.2million
Probability of completing without any delay is 90%
Probability of delaying one month is 7%
Probability of delaying two months is 3%
There are some additional considerations:
Suppose the additional cost for every 1 month delay is £0.1 million
Non-liquidated damage is specified in the contract
a. Draw a decision tree and calculate the expected value for each possible decision (10
marks)
b. Based on the expected value, determine which Design solution should be implemented
(max 100 words) (10 marks)
Question 3 (30 marks)
a. Will project management work in all companies? If not why? Argue your position with any
relevant examples you feel appropriate (20 marks)
Think about different real-life companies as examples
Think about different organisational structures
Clearly state whether it will work or not (yes/no/or for a specific case)
b. Describe and discuss the differences in the management of projects, programmes and
portfolios (10 marks)
Think about what is each one of these PM3
Discuss relationships and links between these
Discuss management implications for each
c. Think about different organisational structures
Clearly state whether it will work or not
Question 4 (30 marks)
You work as a project manager at Navis Company. Navis is a consulting company that
manages construction projects and they want to establish a detailed process to determine how
to best manage projects for their clients.
a. Discuss the differences of managing projects by cost, time, quality, and by value and come
up with a new system that will help determine which approach (from the all the tools we
will discuss in the module) to take in managing a project (20 marks)
Consider that the system is a guideline that will support decision making for Navis
This guideline can be used by anyone in the Company and will tell them for
instance: what tool can be used for managing cost, what tool can be used for
managing quality, etc.
b. Discuss the process of reviewing a project (10 marks)
Detailed assessment criteria
Please see the file “Assessment brief criteria-BCPM0066.pdf”
Word Count/Length
A 2500 word report. Please see the file “Word count standard rules 21-22.docx”
Assessment Support
Students will be supported with the assignment through assignment clinics, seminars and
virtual meetings. Students can also seek support from Student Support and Wellbeing
services, writing skills lab class from the Library services and mentorship schemes.
Submission Details
File to be uploaded via Moodle in Word or PDF format
Word limit: 2500 words
