Create a project schedule and budget

Assignment Help Operation Management

Reference no: EM131745346 , Length: word count : 800

Assignment

Create a project schedule, and budget.

Use the following guidelines to complete your assignment:

Project scope: Refine project scope statements from the scope statement in the charter from Week 1.

Develop a work breakdown structure (WBS) from the refined scope statement.

Project schedule: Using Microsoft® Project and the WBS you developed above, create a schedule for your project's lifecycle. Include specific tasks and milestones, with time and resource estimates, to meet organizational objectives in 350 words.

Project budget: Using Microsoft® Excel® and the project schedule, WBS, and scope statement, create a time-phased budget containing cost estimates. Include direct and indirect costs for labor, machinery, equipment, supplies, and other elements applicable to the project.
Other requirements from Instructor

Announcements - Setting Up MS Project

Class,

MS Project is a very powerful tool for managing projects. However, like any other complex tool it requires considerable set-up prior to entering task and watching MS Project work its magic. See . . . for MS project to monitor constraints on a project (over utilized resources) MS Project must first be set-up with resources it can use which includes but is not limited to, people, pay grades, vacations, holidays, budgets, outside suppliers, etc. This set-up can take many hours of research but pays off when using MS Project to drive PM decisions.

In this class, I focus on setting-up tasks, task dependencies in MS Project which is the beginning of building a project and understanding the concept of task dependencies and task linking.

Therefore, I ask that you build your budget in Excel so that you are not complicating the objectives I want you to learn for this week. A project budget can be (and should be) set-up in MS Project but to get to that point would involve setting-up many other perimeters first, aging taking time from the MS Project learning objectives for this week.

So, bottom line you are setting up a project will no resource constraints (time, people, or budget dollars). I guess my point is that this class is designed to give you a flirting acquaintance with MS Project and not designed to turn all of you into MS Project Gurus. MS Project is only mastered through several weeks of certified training and practice.

Announcements - Project Budget (MS Excel) Heads-Up

Class,

Your course syllabus states the following requirement regarding your Week 2 project budget.

Using Microsoft Excel, create a time-phased project budget containing cost estimates. Include direct and indirect costs for labor, machinery, equipment, supplies, and other elements applicable to the project.

Attachment:- Business_Model_Generation.rar

Reference no: EM131745346

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