Determine the overall project budget and plan

Assignment Help Operation Management
Reference no: EM131812133 , Length: word count : 1500

Project Planning

Continue using the Project Charter/Project Management Plan template that you previously submitted, and add the new pertinent information for the following sections: Work Breakdown Structure (WBS), Project Schedule, Budget, Communications Matrix, and Risk Matrix.

Based on the project charter that you developed in Unit 1, you will now proceed with your project planning. You have determined that you need to define the scope and complete your work breakdown structure (WBS) to the lowest level work package, which will help you develop the activities for the project schedule.

You will also determine the overall project budget and plan the communications within the project. You will identify risks that may affect the project. The requirements for this section are as follows:

• Define the scope: Determine what the project objective will be, and define the scope of the project.

• Create the WBS: Start with the high-level deliverable, and add the lower level elements to include the lowest level work package.

• Develop the project schedule: Based on the work packages, determine the activities for the project schedule, and add planned beginning and end dates for the activities. You should have a minimum of 10 activities.

• Determine the budget: Using the WBS and project schedule, determine the overall project budget. Include major categories such as materials, labor, and other expenses.

• Plan communications: Using the stakeholders you identified in the project charter, create a matrix to show the plan for communicating with these stakeholders. Include each stakeholder's name, the content to be communicated, the frequency of communication, and the method.

• Identify risks: Additionally, identify the risks that are associated with the project. Include both threats and improvement opportunities.

1500 words

Reference no: EM131812133

Questions Cloud

Identify could bear on the companies results : Summarize its major products, and explain how the news you identify could bear on the companies' results of operations
Propose a consumption tax system that will meet : Research the concept of the consumption tax. 1. Propose a consumption tax system that will meet the criteria of "good" tax in other word that is "fair
Probability that cosmic particle enters earth atmosphere : (The Yule Process) A cosmic particle entering the earth's atmosphere collides with air particles and transfers kinetic energy to them.
Identify some possible company benefits from such a code : Review the ethical standards for management accountants. Identify some possible company benefits from such a code
Determine the overall project budget and plan : Determine the overall project budget and plan the communications within the project. You will identify risks that may affect the project.
Why are research and development costs expensed : Why are research and development costs expensed? Is this consistent with how other similar costs are handled? Explain why or why not.
Research ethics and professionalism in accounting : Research ethics and professionalism in accounting and auditing and current emerging issues.
Discuss what tax rate would an investor be indifferent : At what tax rate would an investor be indifferent between these two bonds
Identify the narrow topic of the thesis statement : Identify the narrow topic of the thesis statement by bolding the text. Identify the controlling idea of the thesis statement by underlining the text.

Reviews

Write a Review

Operation Management Questions & Answers

  What is the phenomenon of interest

What connection do you have to this topic, and why do you think it is important to explore this as a qualitative study? What possibilities could the results of this research have for social change?

  Apple sustaining strategy

Apple Sustaining strategy? Define big data and describe the technologies for managing and analyzing big data

  The tradeoffs in the product-process matrix include

In the service process matrix the service shop is categorized by. The tradeoffs in the product-process matrix include.

  Which are five that you personally feel are most important

Of the 39 essential rules this book talks about, which are the 5 that you personally feel are the most important?

  Regarding differences between goods and services

Which is NOT true regarding differences between goods and services?

  Systems implementation and operation

The original go-live date for a pilot implementation of Petrie’s Electronics’ new customer relationship management (CRM) system was July 31. That was only six weeks away, and Jim knew there was no way they were going to be ready. In Week 7, we learn ..

  What will alert megan mckinney-the controller

Sandra Kristof sells furniture for McKinney Furniture Company. Kristof is having financial problems and takes $650 that she received from a customer. She rang up the sale through the cash register. What will alert Megan McKinney, the controller, that..

  Create an event-agent-database

Books Ga'Lore! needs assistance to document its business processes for the revenue cycle – customer credit card sales. Annotate the narrative; label and number the events. Create an Event-Agent-Database (EAD) table. (use the appropriate tables from t..

  Examine at least five risks applicable to your project

Examine your training approach and how you plan to recognize and reward the team's efforts.Examine at least five risks applicable to your project.

  Function with commercial or governmental organizations

Based on your own research on industrial/commercial and institutional/governmental purchasing, what are those elements that you consider to be unique to each? What are the skill sets that a purchasing and supply management professional should possess..

  Identify burger kingss resources

Identify Burger Kings's resources, capabilities, and core competencies (No less than 5 of each) Provide three findings of fact.

  How to determine collaboration options

How to determine collaboration options and what are the best-fit collaboration practices.

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