Discuss project cost relative to project planning

Assignment Help Project Management
Reference no: EM133535832

Assignment:

Project Cost

1. Discuss project cost relative to project planning.

2. In which phase is the cost completed in the project life cycle?

3. Explain the Determine Budget process.

Project Cost Control Importance

1. Why is project cost control important?

2. Explain two ways to control costs using the advanced technologies studied in Unit 2.

3. Who creates the initial cost estimate and updates project costs as actual data is available?

Cost Analysis (Hint, GAO-20-195G, Cost Estimating and Assessment Guide: Best Practice by Developing and Managing Program Cost Resource)

1. Define cost analysis using a course resource.

Cost Estimates

1. Describe two types of cost estimates that can be used in the Marketing Mailing project.

2. Describe the four characteristics of a reliable cost estimate.

3. Explain the importance of cost estimates in project budgets.

Cost Systems

Management Cost and Control System (MCCS)

Define MCCS and the four phases in an operating cycle.

The Earned Value Measurement System (EVMS)

Define EVMS, and describe its importance.

Compare PMIS and ERP

Compare project management information systems (PMIS) and enterprise resource planning (ERP)

Cost Variance

Analyze the cost variance metric, and include the equation and what the acronyms stand for.

Software Program

Describe one project software program that could help a project manager control costs.

Reference no: EM133535832

Questions Cloud

Why is the author interpretation of the topic a mistake : Why is the author's interpretation of the topic a mistake? For this portion of the assignment, you may choose an article featured on the Correlation
How do you see yourself contributing to the growth : How do you see yourself contributing to the growth of the counseling field? What has been the most meaningful activity for you this term?
Explain what internal policies would need to be reviewed : Explain what internal policies would need to be reviewed or implemented to support FFH's succession planning initiative.
Are you satisfied with the way you see, value, and accept : Do you value and respectyourself (self-esteem)? Do you accept the person you are (self-acceptance)? Are you satisfiedwith the way you see, value
Discuss project cost relative to project planning : Discuss project cost relative to project planning. In which phase is the cost completed in the project life cycle?
Why you think there are many individuals in alberta : Discuss why you think professionals, government ministries, consumers (families, schools) are unfamiliar with the certification process and designation title
Define additive manufacturing : Why is additive manufacturing considered by professional manufacturing engineers to constitute the fifth industrial revolution?
How did the interviewee identify with this larger population : How does the identified human rights and/or social, economic, and environmental justice issue affect larger populations? Provide description of population
Discuss the impact of evolving demographic forces on tesla : Discuss impact of evolving demographic forces (e.g., age, gender, ethnic origin, race, sexual orientation, and social class) on Tesla and where it needs to be.

Reviews

Write a Review

Project Management Questions & Answers

  Create a project schedule and align resources

Create a project schedule and align resources, Analyze project schedule and resource allocation

  Managerial roles and gap analysis

Write a report on Managerial Roles and Gap Analysis

  Questionaire on project management

Questionaire on Project Management

  Describe the market growth rate for product

Describe the market growth rate for product and service.

  Prepare a work plan and project schedule - gantt chart

Design an online system for the human resources department to manage available job positions.

  Project risk management approach

How does a project risk management approach pro-vide an early warning signal for impending problems or issues

  Black-scholes options pricing model

Calculate the payoff and the profits for investments

  Describe the features or characteristics of product

Describe the features or characteristics of your product or service.

  Write paper on inventory management system

Write paper on Inventory Management System.

  Analysis of the overall project risk

Analysis of the overall project risk

  Investment and performance analysis

Evaluate the usefulness of ROCE

  Distribution strategy and project management

Distribution strategy and project management

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