Reference no: EM133039718

Activity 1A

1. Provide a definition for a work breakdown structure and explain why you would use a work break down structure.
2. Identify three major resource requirements related to your organisation.
3. Create a skill sheet that you could use to record the human resources you require for a project.
4. Identify two non-person resources related to your organisation.
5. You may need guidance and input from stakeholders and others when determining the required resources for your project. Conduct the necessary enquiries and identify who you may need guidance from when determining resource requirements.
6. There are seven key principles which can be used to manage stakeholder relationships. Identify one principle and explain where you have used this previously.
7. Provide an example where you have purchased or hired products or services from outside your organisation and outline how you obtained these products or services.

Activity 1B

1. Provide one example of what a good estimate will define.
2. Provide one example of what is considered when estimating project costs.
3. Before starting the estimation of project costs, outline what you should ensure that you have done.
4. Identify 3 different estimation techniques and provide a definition of each.
5. Provide one example of a cost estimating rule which should be considered.
6. Explain the importance of a budget tolerance.