Bsbpmg522 Undertake Project Work And Assessment Answer


Communication and negotiation skills to work with team members and other stakeholders to maintain project schedules • literacy skills to read, write and review a range of documentation
Planning and organising skills to develop project plans
Numeracy skills to analyse data and to compare timelines and implementation costs against budgets
Culturally appropriate communication skills to relate to people from diverse backgrounds and people with diverse abilities Knowledge of relevant legislation from all levels of government that may affect aspects of business operations, such as: o anti-discrimination legislation o ethical principles o codes of practice o privacy laws o environmental issues 
WKS 
knowledge of organisational structure and chains of authority and communication within the organisation
Knowledge of how the project relates to the organisation's overall mission, goals, objectives and operations.
Answer:

Project Scope:

The scope of the project is to develop an MLR brand within the period of 5 years. The company is working on the principles of integrity, focus of the client, motivating the activities of excellence, innovation, and continuous improvement program, team management, and recognition of the employees.

Project Deliverables:

The objective of the Max Lionel reality company is working in the strategic direction of engaging clients and customers together, development of the company’s reputation and the good will, development of innovative thinking, leadership skills and management, creating the high performance platform for the organization, and helps in increasing the profitability ratio of the company to high extent.

Project stakeholders:

Name

Work area of the project stakeholder

Type of stakeholder

Success criteria

Max Lionel

He is working as a CEO and owner of the project

Client

“Strategic direction of the project should be achieved for managing project risks” (Yipping, 2011)

Riz Mehra

He is working as a chief financial officer

Client

Participates in budget preparation and developing financial statement of the project

Kim Sweeney

He is working as a operational general manager

Client

“He formulates the coordination policies for providing structure to the organization” (Wei, 2014)

Les Goodale

He is working as a human resource manager

Client

Recruitment plays a vital role in bringing coordination of the project because the skills of the employees determines the functional efficiency of the project

Sam Lee

He is working as a Manager Residential reality

Client

“Prepares the plan for activities related to residential reality” (Saludin, 2014)

Peter Mitchell

He is working as a manager investment

Client

Prepares investment activities

Communication plan for stakeholders:

What

Who

Purpose

Frequency

Methods

The number of employees in the development of the team

Operational General Manager is the responsible person

The budget can be allocated in the effective manner

Once

It is based on the working tactics and the performance analysis plan

The team members should be provided with the roles and responsibilities

Project manager is responsible for it

The aim is to achieve the organization goal

Within a period of one month

Work on the principle of employees skills and capability

Resources availability and utility

Operational General Manager is the responsible person

It make utilizes of available hardware, software, physical resources, and infrastructure

Within a period of one week

Improves the availability and management of the resources

Estimation of the project outcomes

Operational General Manager is the responsible person

Use of promotional material. The privilege should be given to the ethical standards to be included in the development of strategy.

Once

Procedure of verification and validation

Quality of service

Investor

By evaluating the stages of project life cycle

Within a period of one month

Procedure of verification and validation

The resources which are used in the development of the project are allocated budged, agents of real estate, use of promotional material such as posters and brochures, hardware, software, and other physical resources

Relationship between project system, Business operations, strategic aims, and external legislative requirements:

Project System

Business Operation

Strategic aim

External legislative Requirements

The project is developed to increase the efficiency of the Max Lionel corporation to develop it into MLR operation.

“Reducing the cost spent in the development of the project” (Pawar, 2014)

 

Flexibility in using the human resources available

 

Promotion of the market analysis

 

Promoting the sale of the business

 

Increasing the efficiency of the services used in the production

 

Creating values for developing real state

 

Identification, Analysis, and management of the risks.

“The strategic aim of the project is to keep customers and clients in the different activities proposed in the development of the system” (Rahmawati, R. (2014).

The ethical standards should be followed in developing the strategy for the organization.

WBS:

MLR Brand

Activities

Sub-activities

Deployment of the Planning phase

Planning of the activities and sub-activities

 

Focusing on managing the work plan

 

“Initialization of risk management and strategic development” (Hemphill, 2007)

 

Feasibility analysis and generation of report

Requirement specification phase

Requirement specification analysis

 

Methodology used to collect data

 

Detailed requirement specification plan

 

Business requirement specification

 

Hardwar and software specification plan

Designing

Deployment of the user friendly interface

 

Database design specification

 

“Identification of functional and non-functional requirement of the project” (Allen, 2014)

 

Promotional strategies and campaign

“Development of the Promotional strategies and campaign” (Ali, 2011)

 

Marketing strategies

Analysis of the market trends

Analysis of the competitor

 

Software testing program

 

Performance testing program

 

Deployment and Implementation phase

Activities related to Implementation

 

Activities related to Installation

 

Activities related to Training and development program

 

Documentation

System information material

 

User information material

Budget Variation Report for Sign off:

Project Name :

 

Income

Budget

Actual

% variation

Project Sponsor

$15000

$15000

0%

 

Total income

 

 

 

 

Expense

Budget

Actual

% variation

Promotional Strategies

 

$ 2000

$ 2400

25%

Marketing policies

 

$ 2500

$ 2900

6.66%

Human resource arrangement

 

$2500

$ 2400

15%

Promotional Campaigns

 

$ 5200

$ 4500

6%

Magazines and details

 

$ 1300

$ 2400

53%

Subtotal

$ 13500

14,600

 

8.1%

Total

 

14,600

 

 

Signed role Description for Sign off

Name

Project Role

Responsibilities

Signature

Max Lionel

CEO and board of directors

He is responsible for complete functioning of the project and business. He provides the strategic direction to the project by managing risks. He is authorised for performing financial transaction associated with the project

 

Riz Mehra

Chief Financial officer

He is responsible for preparing financial statements and budget of the project. The overall preparation of the budget is the key responsibility of Riz. The preparation of the financial statements and financial projections depends on viewing the budget variation reports.

 

Kim Sweeney

Operations General manager

Kim coordinated with the human resource manager for promoting the coordination in the activities. He performs the activity of bringing coordination in the structural separation between residential, investment, and commercial centre. He is playing the role of project sponsors which can affect the operational activity of the organization.

 

Les Goodale

Human Resource Manager

He is responsible for providing productive employees to the organization for enhancing the productivity of the enterprise. The coordination in the project helps in managing the performance of the project, induction, and recruitment. The implementation of the WHS management system helps in the assessment of the risks, management process, consultation, report development, and continuous improvement program.

 

Sam Lee

Manager Residential reality

He is responsible for managing the residential reality and activities associated with residential agents

 

Pat Misfud

Manager Commercial Reality

He is responsible for managing all actions performed in commercial reality. He is responsible for managing the activities of commercial agents.

 

Peter Mitchell

Manager Investment

“He is a key person for managing the investment related to the project activities” (Li, 2011). He collaborates with operation general manager for investing obligations related with residential and commercial clients.

 

Risks and Risks management plan:

Risks Identified

Probability

Impact

Current controls

Future aspect

The qualified and skilled employees are not recruited

Medium

High

“Updating of the performance measurement chart” (Grover, 2015)

“Indulging the training and development program to sharpen the skills of the labour” (Fang, 2013). The benchmarks should be used for improving the performance of the employees and the enterprise

Less revenue gains

High

High

Monitoring though the IT security system

The periodic reviewing of the professional conduct

Inadequacy in providing insurance cover

Low

High

Providing annual insurance coverage

Training and development program for enhancing the performance of the employees

Anti-discrimination

Medium

High

The policies should be reviewed for enhancing the performance of the employees.

Reviewing of the organization standards and policies

Mis-management in organization culture

Medium

Medium

The program should be arranged for bringing awareness in employees against the anti-discrimination policies

Reviewing of the organization standards and policies. The ethical standards should be followed for the development of policies for the enterprise.

Under stress performance of the agents

Medium

Low

Performance should be improved

Work load should be reduced

Training and development program is not competent

Low

High

Well trained trainers should be employed who have a complete knowledge of the system

Innovative technologies can be used to provide training to the employees for enhancing their skills

Strategy and objective are not aligned

Low

High

Strategies should be defined according to the requirement specification plan

The definition of the strategies should be made clear to avoid confusion

Management of cultural diversity

Low

Low

Cultural feelings of the employees should not be hurt

Cultural feelings of the employees should not be hurt

Role of ethics is not clear

Medium

High

The ethical standard should be used for developing the strategies. The privilege should be given to the ethical standards to be included in the development of strategy

The ethics can change the working scenario of the employees and raises the level of satisfaction in them.

Handover report:

Name of the project

MLR brand

Hand over to

Max Lionel

Hand over by

Project consultant

Subject

The objective of the Max Lionel reality company is working in the strategic direction of engaging clients and customers together, development of the company’s reputation and the good will, development of innovative thinking, leadership skills and management, creating the high performance platform for the organization, and helps in increasing the profitability ratio of the company to high extent.

Note: The development of the MLR brand should be completed within 5 years plan

Post implementation Review report:

Process

Task

Deliverables

Reviewing of post project implementation

Collection of feedback

 

Assessment of project conducting process

 

Preparation of the documentation

Survey of the project

Assessment of the project meeting

 

Preparation of the report

Close out administration

Enhancing skills of the employees according to the requirement of the project

 

Management of inventory

 

Collection of feedback on the project performance

 

Archiving the information of the project

Management of inventory

 

Repository for archiving the project

Conclusion:

The sequence of activities helps in achieving the goal of the organization to build Max Lionel Corporation as a MLR brand with the inclusion of clients and customers. The strategic aim of the project is to keep customers and clients in the different activities proposed in the development of the system. The privilege should be given to the ethical standards to be included in the development of strategy. The use of qualified employees helps in increasing the efficiency of the services used in the production.

References:

Ali, Z. (2011). Corporate real estate strategy . Retrieved from https://www.kth.se/polopoly_fs/1.122082!/Menu/general/column-content/attachment/72.pdf

Allen, M. (2014). Effects of real estate broker’s marketing strategies. Retrieved from https://pages.jh.edu/jrer/papers/pdf/forth/accepted/Effects%20of%20Real%20Estate%20Brokers'%20Marketing%20Strategies%20Public%20Open%20Houses,%20Broker%20Open%20Houses,%20MLS%20Virtual%20Tours,%20and%20MLS%20Photographs.pdf

Fang, F. (2013). The analysis of marketing strategies of real estate enterprise in three Line cities. Retrieved from https://www.ijsr.net/archive/v4i7/210715011.pdf

Grover, C. (2015). Sales and marketing for real estate professionals. Retrieved from https://www.dearborn.com/wp-content/uploads/2015/03/Sales-and-Marketing-101_-2E.pdf

Hemphill, E. (2007). Factors affecting real estate brokers selection: what really counts. Retrieved from https://www.umac.mo/fba/irer/papers/past/vol10n1_pdf/Hemphill%20(1-25).pdf

Li, V. (2011). A methodologies to assess the competitiveness of real estate developers in china. Retrieved from https://eprints.qut.edu.au/46649/1/Vera_Li_Thesis.pdf

Pawar, A. (2014). Study on the effectiveness on online marketing on integrated marketing communication. Retrieved from https://www.dypatil.edu/schools/management/wp-content/uploads/2015/05/Study-Of-The-Effectiveness-Of-Online-Marketing-On-Integrated-Marketing-Communication-Amruta-Pawar.pdf

Rahmawati, R. (2014). Green marketing mix a strategies to improve competitiveness advantage in real estate developer companies. Retrieved from https://www.ijbmi.org/papers/Vol(3)11/Version-2/B03110206012.pdf

Saludin, M. (2014). Driving consensus ranking via multi-criteria decision making methodology. Retrieved from https://arxiv.org/ftp/arxiv/papers/1201/1201.1604.pdf

Wei, H. (2014). The research on Marketing strategies theory and empirical based on the product value. Retrieved from https://pdfs.semanticscholar.org/a34f/da7ef3217d4a9f8287c65a550474d6009e66.pdf

Yipping, J. (2011). Strategy analysis of real estate company . Retrieved from https://www.kth.se/polopoly_fs/1.122082!/Menu/general/column-content/attachment/72.pdf

DOWNLOAD SAMPLE DOCUMENT NOW



Upload Document Document Unser Evaluion Get Money Into Your Wallet



Cite This work.

To export a reference to this article please select a referencing stye below.

Assignment Hippo (2022) . Retrive from https://www.assignmenthippo.com/sample-assignment/bsbpmg522-undertake-project-work-and-assessment-answer

"." Assignment Hippo ,2022, https://www.assignmenthippo.com/sample-assignment/bsbpmg522-undertake-project-work-and-assessment-answer

Assignment Hippo (2022) . Available from: https://www.assignmenthippo.com/sample-assignment/bsbpmg522-undertake-project-work-and-assessment-answer

[Accessed 29/09/2022].

Assignment Hippo . ''(Assignment Hippo,2022) https://www.assignmenthippo.com/sample-assignment/bsbpmg522-undertake-project-work-and-assessment-answer accessed 29/09/2022.



Buy Bsbpmg522 Undertake Project Work And Assessment Answers Online

Talk to our expert to get the help with Bsbpmg522 Undertake Project Work And Assessment Answers from Assignment Hippo Experts to complete your assessment on time and boost your grades now

The main aim/motive of the finance assignment help services is to get connect with a greater number of students, and effectively help, and support them in getting completing their assignments the students also get find this a wonderful opportunity where they could effectively learn more about their topics, as the experts also have the best team members with them in which all the members effectively support each other to get complete their diploma assignment help Australia. They complete the assessments of the students in an appropriate manner and deliver them back to the students before the due date of the assignment so that the students could timely submit this, and can score higher marks. The experts of the assignment help services at www.assignmenthippo.com are so much skilled, capable, talented, and experienced in their field and use our best and free Citation Generator and cite your writing assignments, so, for this, they can effectively write the best economics assignment help services.

Get Online Support for Bsbpmg522 Undertake Project Work And Assessment Answer Assignment Help Online

Want to order fresh copy of the Sample Bsbpmg522 Undertake Project Work And Assessment Answers? online or do you need the old solutions for Sample Bsbpmg522 Undertake Project Work And Assessment Answer, contact our customer support or talk to us to get the answers of it.

Assignment Help Australia
Want latest solution of this assignment

Want to order fresh copy of the Bsbpmg522 Undertake Project Work And Assessment Answers? online or do you need the old solutions for Sample Bsbpmg522 Undertake Project Work And Assessment Answer, contact our customer support or talk to us to get the answers of it.


Submit Your Assignment Here

AssignmentHippo Features

On Time Delivery

Our motto is deliver assignment on Time. Our Expert writers deliver quality assignments to the students.

Plagiarism Free Work

Get reliable and unique assignments by using our 100% plagiarism-free.

24 X 7 Live Help

Get connected 24*7 with our Live Chat support executives to receive instant solutions for your assignment.

Services For All Subjects

Get Help with all the subjects like: Programming, Accounting, Finance, Engineering, Law and Marketing.

Best Price Guarantee

Get premium service at a pocket-friendly rate at AssignmentHippo

FREE RESOURCES

  • Assignment Writing Guide
  • Essay Writing Guide
  • Dissertation Writing Guide
  • Research Paper Writing Guide

FREE SAMPLE FILE

  • Accounts
  • Computer Science
  • Economics
  • Engineering

Client Review

I was struggling so hard to complete my marketing assignment on brand development when I decided to finally reach to the experts of this portal. They certainly deliver perfect consistency and the desired format. The content prepared by the experts of this platform was simply amazing. I definitely owe my grades to them.

SUBSCRIBE NOW

Get healthy news, tips and problem solutions from assignment hippo experts.