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Global Banking School (GBS) is a fast-growing higher education provider in the United Kingdom (UK). Currently, GBS has eight campuses across four cities. Due to its popularity and successful operations,

Task Requirement

Overview

Global Banking School (GBS) is a fast-growing higher education provider in the United Kingdom (UK). Currently, GBS has eight campuses across four cities. Due to its popularity and successful operations, GBS is planning to open a new campus, in a new city, Liverpool.

GBS has now decided to hire you as a project manager for its new project in Liverpool.

For the summative assignment, students are required to prepare a 3000-word portfolio containing three elements:

  • a 2000-word project plan (LO 1, 2, 4, 5)
  • a 500-word mid-way progress report (LO 2, 3)
  • a poster on the benefits of studying at GBS with explanatory commentary (500 words) (LO 3).

Description of the Task

The project plan (2000 words) will consist of:

  • A statement of work (SoW) containing clear project objectives devised using SMART goals, and an outline and justification of the project management methodology / methodologies used.
    • A risk assessment featuring strategies for mitigation.
    • A project timetable presented in the form of a GANTT chart / milestone chart.

    The mid-way progress report (500 words) will consist of:An evaluation of the progress of the project according to the SMART goals and timetable set out in the project plan. An updated project timetable in the form of a Gantt chart, featuring any necessary amendments.

    A reflection on the skills required to complete the project.

    The poster and accompanying commentary (500 words) will consist of:

  • A completed poster advertising the benefits of studying at GBS to adult learners.

  • Accompanying commentary which explains how the poster meets the objectives set out in the project plan.

Referencing and Research Requirements

You must reference all information used in the presentation and the report, using the Harvard Referencing Guide. You are required to include a reference list at the end of the report arranged in alphabetical order irrespective of the sources.

You          can          access         guidance         to            Harvard          referencing                 here: https://libguides.uos.ac.uk/academic/referencing/Harvard

 

How your work will be assessed

Your work will be assessed on the extent to which it demonstrates your achievement of the stated learning outcomes for this assignment (see above) and against other key criteria, as defined in the University’s institutional grading descriptors. If it is appropriate to the format of your assignment and your subject area, a proportion of your marks will also depend upon your use of academic referencing conventions.

This assignment will be marked according to the grading descriptors for Level 5.

 

Submission Date and Time

This assignment must be submitted to Turnitin before

You should submit all work for the summative assessment by the above deadline. Work submitted up to three working days after the deadline will be accepted and marked, but the mark will be capped at the pass mark (40%) unless there is a valid reason for the late submission (i.e., having been granted an extension to the deadline or a deferral under the terms of the Extenuating Circumstances Policy). Work submitted later than three working days after the deadline without a valid reason will not be accepted and will be recorded as 0% RN (refer, no work submitted). For more information, please refer to: http://studenthandbook.uos.ac.uk/index.php/student- guides/assessment-the-basics-undergraduate

Feedback and marks for this assignment will be available weekly.

General Grading Criteria

Level 5

In accordance with the FHEQ, at the end of Level 5 students will be expected to have a sound knowledge of the basic underlying concepts and principles of a subject, and an ability to evaluate and interpret these within the context of that area of study. They should be able to present, evaluate and interpret qualitative and quantitative data to develop lines of argument and make sound judgements in accordance with basic theories and concepts of their subject(s) of study. They will have learned how to take different approaches to solving problems and will be able to communicate the results of their study/work accurately and reliably, and with structured and coherent arguments.

Expert`s Response (Do Not Copy, Plagiarised)

Project Plan for GBS Liverpool Campus Expansion

1. Statement of Work (SoW)

Objectives:

  • To establish a new GBS campus in Liverpool by [start date].
  • To enroll a minimum of 200 students for the inaugural academic year.
  • To ensure that the new campus is fully operational and equipped to deliver GBS programs by [completion date].
  • To establish partnerships with local businesses and organizations to enhance student opportunities for internships and placements.

SMART Goals:

  • Specific: Open a new GBS campus in Liverpool, enroll 200 students, ensure operational readiness.
  • Measurable: Track enrollment numbers, assess campus readiness.
  • Achievable: Conduct market research, secure necessary resources, hire staff.
  • Relevant: Aligns with GBS`s growth strategy and mission to provide quality education.
  • Time-bound: Establish a timeline with specific milestones for each phase of the project.

Project Management Methodology:

  • Agile: Given the dynamic nature of the education sector and the need for quick adaptation, Agile methodology will be employed. It allows for flexibility in responding to changing requirements and stakeholder feedback.
  • Waterfall: For certain aspects such as infrastructure setup and regulatory compliance, Waterfall methodology will be used to ensure a structured approach with clear deliverables and timelines.

Justification:

  • Agile: Enables rapid development and iteration, crucial for addressing unforeseen challenges and incorporating feedback from stakeholders.
  • Waterfall: Provides a systematic approach for tasks that require sequential execution and stringent adherence to regulations, ensuring compliance and quality control.

2. Risk Assessment and Mitigation Strategies

Risks:

  1. Market Competition: Potential competition from existing institutions offering similar programs.
  2. Regulatory Compliance: Delays or complications in obtaining necessary licenses and permits.
  3. Resource Constraints: Limited availability of suitable faculty and facilities.
  4. Financial Uncertainty: Fluctuations in enrollment numbers affecting revenue projections.
  5. Infrastructure Delays: Construction or renovation delays impacting campus readiness.

Mitigation Strategies:

  1. Market Analysis: Conduct thorough market research to identify competitive landscape and unique selling points.
  2. Engagement with Regulatory Bodies: Establish clear communication channels with regulatory authorities to expedite the licensing process.
  3. Talent Acquisition: Initiate recruitment drives early to attract experienced faculty and staff. Explore partnerships with local universities for resource sharing.
  4. Financial Contingency Planning: Develop alternate revenue streams and establish reserve funds to cushion against enrollment fluctuations.
  5. Construction Monitoring: Regular site visits and close collaboration with contractors to ensure timely completion of infrastructure projects. Have contingency plans in place for any delays.

By addressing these risks proactively, we aim to minimize potential disruptions and ensure the successful establishment of the GBS Liverpool campu

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