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Cost 14,000.00€ 12,000.00€ 10,000.00€ 8,000.00€ 6,000.00€

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  • "Cost 14,000.00€ 12,000.00€ 10,000.00€ 8,000.00€ 6,000.00€ 4,000.00€ 2,000.00€ 0.00€ 40 hrs 26 hrs 120 hrs 10 hrs 14 hrs 122 hrs 40 hrs 20 hrs 16 hrs Fig 6. GraphThe cost is not only varied by the duration of each task but also it varied according to..

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  • "Cost 14,000.00€ 12,000.00€ 10,000.00€ 8,000.00€ 6,000.00€ 4,000.00€ 2,000.00€ 0.00€ 40 hrs 26 hrs 120 hrs 10 hrs 14 hrs 122 hrs 40 hrs 20 hrs 16 hrs Fig 6. GraphThe cost is not only varied by the duration of each task but also it varied according to theallocation of resources for each task. For example in CBS diagram, the task “AssemblingProcess” have some non-human resources and the cost is calculated for non-human resourcesalso. The task “installation” also have some non-human resources.ConclusionThe review on the given case "Replicated Panels for a Flight Simulator: A Case ofProject Management" is done. The first task was 'Project Charter'. The main purpose, benefits,how it was deployed in this project are analyzed. There are six project management elementssuch as project objectives, deliverables, milestone, technical requirements, limits and exclusions,and customer reviews. For given case, each elements are found and submitted. The study aboutWork Breakdown Structure (WBS) is done based on the essay provided. The study aboutOrganizational Breakdown Structure (OBS) is finished and analyzed its main purpose andbenefits. The family tree structure for company is drawn by using the roles that related to project.The study about 'Responsibility Assignment Matrix (RAM)', its main purposes and benefits areanalyzed and completed based on the responsible, Accountable. Consulted and informed. Then the RAM diagram is completed. The tasks involved in this case are analyzed and the timeduration to complete entire task is given. The Gantt chart is drawn and explained based on thedependencies. The Cost Breakdown Structure (CBS) is drawn based on the identity of all costrelated activities in case. For all activities, the cost is assigned. The CBS is shown as a singlediagram. The main purpose and benefits about Cost Breakdown structure is studied. Thetemporal representation of the project cost is given based on the CBS data usage, showingaccumulated budget and equating to planned value (PV). The own graph is drawn based on thegiven essay. Thus the given case study is analyzed and answers provided.ReferencesDoglione, C. (2017). Understanding Responsibility Assignment Matrix (RACI Matrix). [online]Project-Management.com. Available at: https://project-management.com/understanding- responsibility-assignment-matrix-raci-matrix/ [Accessed 21 Mar. 2017].Greycampus.com. (2017). Project Charter | Project Management Professional (PMP). [online]Available at: http://www.greycampus.com/opencampus/project-management- professional/project-charter [Accessed 21 Mar. 2017].LU, R. and SHEN, W. (2010). Design on assembled real-time management system forengineering flight simulator. Journal of Computer Applications, 29(12), pp.3388-3390.Me.umn.edu. (2017). Gantt Chart. [online] Available at:http://www.me.umn.edu/courses/me4054/assignments/wbsgantt.html [Accessed 21 Mar. 2017].OpenLearn. (2017). Managing virtual project teams. [online] Available at:http://www.open.edu/openlearn/money-management/management/managing-virtual-project- teams/content-section-1.2 [Accessed 21 Mar. 2017].Pma.doit.wisc.edu. (2017). PMA - Develop High-Level Milestones and Timeline. [online]Available at: https://pma.doit.wisc.edu/initiate/4/print.html [Accessed 21 Mar. 2017].projectmanagement.com. (2017). The Cost Breakdown Structure Project Management. [online]Available at: http://2020projectmanagement.com/2013/10/the-cost-breakdown-structure-cbs/[Accessed 21 Mar. 2017]. Project-management-knowledge.com. (2017). Organizational Breakdown Structure (OBS) -Project Management Knowledge. [online] Available at: http://project-management- knowledge.com/definitions/o/organizational-breakdown-structure-obs/ [Accessed 21 Mar. 2017].Workbreakdownstructure.com. (2017). What is a Work Breakdown Structure -Workbreakdownstructure.com. [online] Available at: http://www.workbreakdownstructure.com/[Accessed 21 Mar. 2017].www.calstatela.edu. (2017). Microsoft Project 2013. [online] Available at:https://www.calstatela.edu/sites/default/files/groups/Information%20Technology%20Services/tra ining/pdf/project2013.pdf [Accessed 21 Mar. 2017]. "

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