Subject Code : BSBPMG514
BSBPMG514 - Manage Project Cost - Principal Mechanism - Business - Case Study - Assessment Answer
Task

Case Study Students are required to prepare a cost plan that details approximately when the client will be making payments throughout the build, and what those payments will need to cover. For example the student could say that at the client’s deposit needs to pay for the permits, surveying, site preparation, plant rental, wages, etc. The student’s list does not need to be exhaustive but should consider a number of trades, hard and soft costs, and overhead costs.

Questioning

Students are required to read through the slides and relevant sections of the textbook. Then complete the assessment task as described in the student assessment. Some activities may require group discussion, where they may discuss topics within the group. However, every student must submit their responses in their own words separately, even though it may be jointly derived content.

 

- Write Expectations at the top of a flip chart or white board. When it’s time for students to introduce themselves, explain that expectations are powerful, and that understanding them is key to the success of any class.
 Tell the group that you would like them to:
o Introduce themselves
o Share their expectations of the class
o Add a wild prediction of the best possible outcome should their expectations be met. Ask them to be as specific as possible, and encourage silliness or fun if you want.
- Debrief - State your objectives of the course, review the list of expectations the group made, and explain whether or not, and why, if not, their expectations will or won't be covered in the course.
- Introduce the unit and its requirements. Hand out an assessment for students to familiarise themselves (to be undertaken after relevant topics have been completed)

 

Topic: 1. Determine project costs
1.1 Determine resource requirements for individual tasks identified in the work breakdown structure, with input from stakeholders and guidance from others
1.2 Estimate project costs to enable the project budget to be prepared within agreed tolerances

 

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  • Uploaded By : ethan
  • Posted on : September 24th, 2018
  • Downloads : 221

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