Develop a cost plan for your project

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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

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