Develop a cost plan for your project

Assignment Help Project Management
Reference no: EM132958920

Question: WBS, Schedule and Budget This course has a major project assignment that will be due in Week 5. It will take more than a week''s effort to adequately complete it. Plan time to start the research and other work for the assignment earlier than the week in which it is due. This week, you will submit the third and fourth increment of the course-length project. The project analyzed must be the project approved by the instructor in Week 1.

The deliverable for this week is a WBS and Schedule and Budget. WBS chart: Create a WBS. Include an explanation of the hierarchical relationship among each level on the chart. Level one should depict the end result (a product or a service) of the project. Level two should consist of the major tasks outlined in the statement of work (SOW). Level three should list the subtasks contained in each SOW task. You can use the series of charts available in Microsoft Project (although you are not required to use Microsoft Project).

Submit your answers in a Microsoft Word document with the supported Microsoft Excel spreadsheets, Microsoft Project files, and other documentation as needed. Schedule: Sequence the tasks in the order of completion. Arrange the work breakdown structure elements in the form of a task-flow network to determine dependencies. Identify the critical path along which necessary resources should be allocated to achieve the project objectives within the defined time frame. Indicate the earliest occurrence and highlight the critical path. Use a Gantt chart to illustrate the start and completion dates of each task.

Consider whether the tasks can be completed in parallel or must be performed in sequence. Cost plan: Develop a cost plan for your project that identifies the allocation and cost of resources to your project.

Submission Details: Submit your answers in a 4- to 6-page Microsoft Word document with supporting Microsoft Excel spreadsheets, Microsoft Project files, and other documentation, as needed. Use APA style.

Reference no: EM132958920

Questions Cloud

What the required adjusting entry at december is : What the required adjusting entry at December 31,2020(year end) is? On Dec 12,2020, Dwight, Accounts receivable boolkeeper received $1.000
How many units be sold each month to attain a target profit : How many units must be sold each month to attain a target profit that equals a 22% return on the monthly investment in fixed expenses?
Calculate economic order quantity : The company is using Economic Order Quantity model in placing the orders. Calculate Economic Order Quantity
Outline the responsibilities of wcbs today : -Outline the responsibilities of WCBs today. Describe how these responsibilities have changed over the years since the inception of workers' compensation in 191
Develop a cost plan for your project : Develop a cost plan for your project that identifies the allocation and cost of resources to your project - Use a Gantt chart to illustrate the start
What are the four core elements of coaching : What is coaching? What are the four core elements of coaching?
What will be the bond price If bond yield to maturity change : If the bond's yield to maturity changes to 9.1% APR, what will be the bond's price? What is the bond's yield to maturity? (expressed as an APR with semiannual)
Illustrate methods to address equity issues : What are different forms of equity and illustrate methods to address equity issues?
Explain level of need separately : "Maslow's Hierarchy of Needs Theory" is one of the most significant theories in understanding motivation.

Reviews

Write a Review

Project Management Questions & Answers

  What is the tripartite standard announced in vaca v sipes

What is the "tripartite" standard announced in Vaca v. Sipes that applies to a union's duty of fair representation in contract negotiations?

  How total quality management principles can be used

Describe how total quality management (TQM) principles and tools can be used to improve quality in the latest line of products in the context of the case study.

  Define addie model of instructional design process

What step in the ADDIE model of instructional design process do you think is more important and why? Please donot explain all the steps.

  Information security issues

What information security issues does electronic records management address? What types of mechanisms can be used to help increase collaboration across business and IS leaders?

  What leadership skills essential for project manager

What leadership skills and attributes do you believe are essential for an international project manager? Why

  Methods for a project manager to control schedule

methods for a project manager to control schedule changesexplain different methods and techniques a project manager

  Why have dummy sources and dummy destinations

Why have dummy sources and dummy destinations?- What are opportunity costs? How are they used in the Hungarian Method?

  Research methods and project design

Research methods and Project Design (BUSS1008) Design and implement an effective project proposal relating to business and information systems

  Three ways in which lean and quality are related

What are three ways in which Lean and quality are related? -What is kaizen, and what is a kaizen event? - What are the characteristics of supplier partnerships with respect to suppliers?

  Why should a project have a regular reporting perio

Why should a project have a regular reporting period? Should all projects have the same reporting period? Why or why not?

  How could any new system be better than an mrpii system

Your understanding of the pros and cons of MRPII systems, citing at least two Web sources - how could any new system be better than an MRPII system?

  What does it have to do with forecasting

What is Sales and Operations Planning (S&OP)? What does it have to do with forecasting? Does it work? What are the challenges to make it work?

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