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QSO 355 Milestone Two Guidelines and Rubric Submit sections IV and V of the Project Management Plan using the template provided

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QSO 355 Milestone Two Guidelines and Rubric

Submit sections IV and V of the Project Management Plan using the template provided. This work will cover the critical elements risk and budget. Go over the activity in Module Three to help you with this milestone.

 

Note: The case studies for this project regularly reference the use of MS Project. While MS Project is a software tool that is often used for project management, the focus of this course is to understand the process, not this particular tool. As such, you will not be using MS Project to submit case study assignments. Suggested templates needed to complete the critical elements of the final project are listed in the Project Management Plan Template.

 

Specifically, the following critical elements must be addressed:

Critical Elements	Proficient (100%)	Needs Improvement (75%)	Not Evident (0%)	Value
Risk: Sources	Accurately identifies sources of risk for project with respect to project scope, budget, and time	Identifies sources of risk for project but with gaps in accuracy or without considering scope, budget, or time	Does not identify sources of risk for project	30
Risk: Strategies	Determines appropriate risk mitigation strategies to minimize impact of risk	Determines risk mitigation strategies but strategies are not appropriate or do not minimize impact of risk	Does not determine risk mitigation strategies	30
Budget	Develops initial, high-level budget accurately based on costs of project deliverables and ensures costs are aligned to deliverables	Develops initial, high-level budget but budget is not based on costs of project deliverables; does not ensure costs are aligned to deliverables, or is inaccurate	Does not develop initial, high-level budget	30

 

4. Risk
   1. Sources: Identify likely sources of risk for the project. Make sure to consider the project scope, budget, and time. 
   2. Strategies: Determine risk mitigation strategies for the areas you identified. What strategies could you recommend to minimize the impact of the risks you identified? 

 

5. Budget: Develop an initial high-level budget based on the individual costs of the project deliverables. In other words, ensure the costs identified in your budget align with the deliverables. 

 

Guidelines for Submission: This milestone will be submitted using the Project Management Plan Template along with additional required templates and spreadsheets. Any outside references should be cited in APA format, but are not required.  

 

 

 

 

Articulation of Response	Submission has no major errors related to citations, grammar, spelling, or syntax	Submission has major errors related to citations, grammar, spelling, or syntax that negatively impact readability and articulation of main ideas	Submission has critical errors related to citations, grammar, spelling, or syntax that prevent understanding of ideas	10
			Earned Total	100%