Reference no: EM13881099
Case Study:
This activity will test whether you are able to apply the strategies and tools that you learned in the class to real-life scenarios and to also present your solutions/recommendations in a logical, concise, and easy to understand format.
This is an opportunity to display your ability to apply the concepts that you learned in the class to a real world scenario. Remember, the content of your recommendation is as important as its presentation.
Imagine that your recommendations will be read by executive management, as well as by other project stakeholders.
Read the following:
• Gido, J., & Clements, J. P. (2012). Successful project management. Mason, OH: South-Western Cengage Learning.
o Chapter 7: Determining Costs, Budget, and Earned Value
o Chapter 8: Managing Risk
View the following:
• PowerPoint presentations:
o Chapter 7: Determining Costs, Budget, and Earned Value
o Chapter 8: Managing Risk
In an essay of 500-600 words, prepare a well-organized examination of the case study based on Chapter 7 from the textbook on the topic-The Wedding Part 4 of 5.
In the study, you have to:
1. Estimate the cost for each activity, using the schedule from table.
Schedule for web based reporting system project
Web-based Reporting System Project
| Activity |
Respon. |
Estim.Dur. |
Earliest |
Latest |
Total Slack |
|
|
|
|
Start |
Finish |
Start |
Finish |
|
| 1 |
Gather Data |
Beth |
3 |
0 |
0 |
-8 |
-5 |
-8 |
| 2 |
Study Feasibility |
Jack |
4 |
0 |
4 |
-9 |
-5 |
-9 |
| 3 |
Prepare Problem Definition Report |
Rose |
1 |
4 |
5 |
-5 |
-4 |
-9 |
| 4 |
Interview users |
Jim |
5 |
5 |
10 |
-4 |
1 |
-9 |
| 5 |
Study Existing System |
Steve |
8 |
5 |
13 |
-2 |
6 |
-7 |
| 6 |
Define User Requirements |
Jeff |
5 |
10 |
15 |
1 |
6 |
-9 |
| 7 |
Prepare System Analysis Report |
Jim |
1 |
15 |
16 |
6 |
7 |
-9 |
| 8 |
Input & Output |
Tyler |
8 |
16 |
24 |
9 |
17 |
-7 |
| 9 |
Processing & Database |
Joe |
10 |
16 |
26 |
7 |
17 |
-9 |
| 10 |
Evaluation |
Cathy |
2 |
26 |
28 |
17 |
19 |
-9 |
| 11 |
Prepare System Design Report |
Sharon |
2 |
28 |
30 |
19 |
21 |
-9 |
| 12 |
Software Development |
Hannah |
15 |
30 |
45 |
21 |
36 |
-4 |
| 13 |
Hardware Development |
Joe |
10 |
30 |
40 |
26 |
36 |
-4 |
| 14 |
Network Development |
Gem |
6 |
30 |
36 |
30 |
36 |
0 |
| 15 |
Prepare System Development |
Jack |
2 |
45 |
47 |
36 |
38 |
-9 |
| 16 |
Software Testing |
Maggie |
6 |
47 |
53 |
38 |
44 |
-9 |
| 17 |
Hardware Testing |
Gene |
4 |
47 |
51 |
40 |
44 |
-7 |
| 18 |
Network Testing |
Greg |
4 |
47 |
51 |
40 |
44 |
-7 |
| 19 |
Prepare Testing Report |
Rose |
1 |
53 |
54 |
44 |
45 |
-9 |
| 20 |
Training |
jim |
4 |
54 |
58 |
45 |
49 |
-9 |
| 21 |
System Conversion |
Beth |
2 |
54 |
56 |
47 |
49 |
-7 |
| 22 |
Prepare implementation report |
Jack |
1 |
58 |
59 |
49 |
50 |
-9 |
2. Determine the total budgeted cost for the project.
3. Prepare a budgeted cost by period table and a cumulative budgeted cost (CBC) curve similar to Figure for the project.
Budgeted Cost by Period for the Packaging Machine Project
|
|
|
Week
|
|
|
|
|
TBC
|
1
|
2
|
3
|
4
|
5
|
6
|
7
|
8
|
9
|
10
|
11
|
12
|
|
Design
|
24
|
4
|
4
|
8
|
8
|
|
|
|
|
|
|
|
|
|
Build
|
60
|
|
|
|
|
8
|
8
|
12
|
12
|
10
|
10
|
|
|
|
Install & Test
|
16
|
|
|
|
|
|
|
|
|
|
|
8
|
8
|
|
Total
|
100
|
4
|
4
|
8
|
8
|
8
|
8
|
12
|
12
|
10
|
10
|
8
|
8
|
|
Cumulative
|
|
4
|
8
|
16
|
24
|
32
|
40
|
52
|
64
|
74
|
84
|
92
|
100
|
Amounts are in thousands of dollars.
Draw your sources from the Case Study Instructions and relevant peer-reviewed professional literature. Use the American Psychological Association (APA) style (6th edition) for writing your assignment.
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