Develop a wbs for this project

Assignment Help Econometrics
Reference no: EM131044957

Consider the B2B implementation of the web-based inventory tracking system described in Problem 7.4. Additional information relevant to this project:

1. Assume that the project consists of six phases: system design, hardware development, software development (conducted concurrently with hardware), integration, training, and fielding.

2. Table 7.1 will provide a rough estimate of the software development time as a percentage of the total development time.

3. Hardware should be broken into, at a minimum, two high-level tasks: collect requirements and procure software. These will be mainly COTS systems requiring no modifications. One engineer
will be assigned full time to monitor this task. This will allow for procurement of the hardware near the end of the software development.

4. Assume that you can install two systems per day with a crew of two engineers and that training will last 1 week and be conducted by one engineer.

5. Assume the plans and requirements values from Table 7.1 are also representative of the systems design for the total system.

6. Use the regression analysis from Problem 7.4 to determine the systems integration time.

7. Your company uses historical results for project management and systems engineering of 8 and 15%, respectively.
Using this information, you need to

1. Develop a WBS for this project.

2. Develop a Gantt chart from the WBS, showing the schedule.

3. Address only the development costs (i.e., year 0 costs) when allocating resources to the tasks in Microsoft Project.

Use a tool such as Microsoft Project to allocate the budget to the activities. Are there any activities that are not described above that should be in your WBS?

Problem 7.4

A sales project at month 5 had an actual cost of $34,000, a planned cost of $42,000, and a value completed of $39,000. Calculate the CPI and SPI and explain the message they give the program manager.

1779_9f83770d-d4ab-42e2-9ba4-427b6d555b1f.png

Reference no: EM131044957

Questions Cloud

Calculate the offer price and total amount the firm : Nano Manufacturing wants to issue 2 million new shares. It has 4 million shares outstanding, which its investment banking firm estimates $65 million. If the investment banking firm charges a 4% spread, calculate the offer price and total amount ($) t..
What original source of these electrons in photosynthesis : Duchenne muscular dystrophy (MD) is inherited from an X-linked recessive allele. What is the probability that a son with Duchenne MD inherited this disease from his biological father?
What is the total payment due for year three of this loan : Billingsley, Inc. is borrowing $60,000 for five years at an APR of 8 percent. The principal is to be repaid in equal annual payments over the life of the loan with interest paid annually. Payments will be made at the end of each year. What is the tot..
Ten-point scale after one week : In each hospital, fifteen patients were treated, each having one of three types of cancer (i.e., there were five patients with each type of cancer). The health of each patient was rated on a ten-point scale after one week, two weeks, and three wee..
Develop a wbs for this project : Hardware should be broken into, at a minimum, two high-level tasks: collect requirements and procure software. These will be mainly COTS systems requiring no modifications. One engineerwill be assigned full time to monitor this task. This will all..
What is the current stock price-what will the stock price : The Jackson–Timberlake Wardrobe Co. just paid a dividend of $1.15 per share on its stock. The dividends are expected to grow at a constant rate of 7 percent per year indefinitely. Investors require a return of 12 percent on the company's stock. a. Wh..
Statements under international financial reporting standards : When comparing a US company that uses the last in, first out (LIFO) method of inventory with companies that prepare their financial statements under international financial reporting standards (IFRS), analysts should be aware that according to IFR..
Six types of analyses : Define and describe each of the measures of association: OR, RR, ANOVA, and Correlations (1 page) Provide an example of a study that uses each of the six types of analyses (OR, RR, ANOVA, correlations, chi-square, t-tests) (1 - 2 pages)
What is the occupy wall street movement : What is the Occupy Wall Street Movement? When did it begin? Why? this is off the adbuster.com website.

Reviews

Write a Review

Econometrics Questions & Answers

  Determine the linear trend

The given information is the quarterly sales of gasoline in the U.S. in millions of barrels during part of the 1980s and the 1990s. Determine the linear trend and use it to forecast sales for first quarter of 1992.

  In a local market the monthly price of internet access

in a local market the monthly price of internet access service decreases from 30 to 20 and the total quantity of

  Determine the equivalent annual revenue

Revenue from the sale of ergonomic hand tools was $300,000 in years 1 through 4 and $465,000 in years 5 through 9. Determine the equivalent annual revenue in year 1 through 9 at an interest rate of %10 per year.

  Obtain the desired salvage value after tax rate of return

An investment of 120,000 will produce an initial annual benefit of $29,000, but the benefits are expected to decline $3,000 per year making second year benefits $26,000, third year benefits $23,000, and so forth.

  What is probability linda lahey received exactly one e-mail

An internal study by the Technology Services department at Lahey Electronics revealed company employees receive an average of four e-mails per hour. Assume the arrival of these e-mails is approximated by the Poisson distribution.

  What are the fed''s current policy goals

What does the president and congress do to stimulate the economy? What does the president and congress do to contract the economy?

  How to estimate the real dollar costs and benefits

A telephone distribution company is considering building a new automated switching equipment substation with a useful life of 20 years. The company uses a 14% MARR to assess capital investment projects. Estimated real dollar costs and benefits

  What price-quantity combination maximizes revenue

You are the manager of a monopoly, and your demand and cost functions are given by P= 200 - 2Q and C(Q)= 2000 + 3Q^2, respectively. a. what price-quantity combination maximizes your frm's profits b. calculate the maximum profits.

  Explain whether to expect average power per square of wind

Assume that current wind farms produce 2.5 W/m2. Succinctly explain whether you would expect the average power per square meter of wind farms to rise or fall as the production of wind energy expands to, say, 10% of our primary energy consumption...

  Do best estimate for morningsides cost of equity

tax-exempt debt currently requires an interest rate of 6.2percent and its target capitalstructure call for 60 percent debt financing and 40 percent equity(fund capital) financing The estimate cost ofequity for selected invester-owned health care c..

  Explain how sub-prime mortgages hit the headlines

you are Chairman of the FED. In early 2006 you noticed that M1 began to shrink. In other words it was showing negative growth. Economic growth was slowing, sub-prime mortgages hit the headlines, and fears were that we were in the 'R' word.

  Find the annual operational cost of the system

A CNC machine was purchased for $120,000 and has a five-year depreciable life. The shipping and handling cost were $15,000. The annual operational cost of the system is $10,000. The estimated salvage of the machine is $20,000 at the end of five ye..

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