55108 TIME, COST AND QUALITY MANAGEMENT
FACULTY OF BUSINESS 2001
For full Unit Specifications, choose an offer
(Variations may occur between Day & External Offerings)
Credit Points 1.00
Synopsis
The unit examines the following: The identification of all activities
necessary to carry out the project and the relationship between those
activities; The preparation of networks to display the project logic
necessary to achieve completion in the most effective manner;
Preparation of realistic estimates for the duration of activities; The
preparation of a schedule to calculate the likely completion dates of
critical milestones; The identification of critical activities where
major resources should be concentrated; The identification of schedule
variances and the controls necessary to ensure a timely completion;
Identification of resources (people, materials, equipment etc) that
are necessary to carry out the project so that resource planning can
be carried out; Preparation of estimates of cost of those resources
identified; Preparation of a project budget for approval and cost
monitoring monitoring of cost variances and implementation of cost
control measures to ensure completion within the approved budget;
Quality planning through identification of quality standards required
for the project and setting up processes so that they are achieved;
Quality assurance through evaluation of project performance during
execution of the works; Quality control through monitoring of variance
in project deliverables; and Implementation of quality control
measures to ensure that the completed project satisfies the sponsor's
expectations