Determine the methods for estimating project costs

Assignment Help Operation Management
Reference no: EM131266220

Explain the factors that determine how a company selects a project.

Differentiate between top-down and bottom-up estimates including when each would be used.

Determine the methods for estimating project costs.

Explain the types of costs.

Format your 700- to 1,050-word paper consistent with APA guidelines.

Reference no: EM131266220

Questions Cloud

Explain contracted notation for stresses and strains : Complete the table below with the contracted notation symbols for the component of stress and strain shown in the table. Use engineering notation for strains.
Where does e-waste end up : Where does e-waste end up? Define the e-waste problem: what is happening and why is this a problem? What can manufacturers do to improve the situation with the various issues (health, hazardous materials, recycling, refuse, etc.)?
Create a checkbook program using c : Create a Checkbook program using C: Create a Check structure. Include: Check number (should be an integer). Date (use type char[ ])
Draw a representative volume element or an epoxy matrix : Draw a representative volume element (RVE) for an epoxy matrix filled with cylindrical steel rods arranged in a rectangular array. Compute the volume fraction Vf as a function of the fiber diameter df and the spacing between the centers of the fib..
Determine the methods for estimating project costs : Explain the factors that determine how a company selects a project. Differentiate between top-down and bottom-up estimates including when each would be used. Determine the methods for estimating project costs.
New minimum wage policy : How are young and or inexperienced workers hurt and helped by the new minimum wage policy?
Describe how two countries are similar in terms of hofstede : Given a scenario where two organizations, one located in each country, are to do business with each other, provide recommendations that would be beneficial in helping management address communications in terms of the different cultural perspective..
Find the maximum allowable value of p : The inverted T-beam supports three concentrated loads as shown in the figure. Find the maximum allowable value of P if the bending stresses are not to exceed 3.5 ksi in tension and 8 ksi in compression.
Would enhanced intercultural communication competence help : In a 250-300 word response, critically examine your personal level of intercultural communication competence. Is it important for you to achieve a certain level of intercultural communication competence? Would enhanced intercultural communication ..

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd