Explain the cost estimation methods

Assignment Help Operation Management
Reference no: EM13735167

Access the Riordan Manufacturing Virtual Organization from your student website.

1. a. Develop the project scope statement and the project charter.

b. Construct the work breakdown structure (WBS) in Microsoft® Project® 2007.

c. Design the communication plan.

1) Identify the key stakeholder groups and their project information needs.

2) Create a table in Microsoft® Word summarizing what information will be produced during the project lifecycle, including

a) status and issues reports.

b) the target audience for each type of information.

c) when each type of information will be available.

d) how the information will be communicated.

e) who is responsible for producing the information.

2. a. Develop the project schedule in Microsoft Project 2007.

b. Explain the rationale behind time and cost estimation methods and why you chose one method over another.

c. Determine the project budget.

Reference no: EM13735167

Questions Cloud

Health consequences of secondhand smoke : The health consequences of secondhand smoke have been well documented. Do you feel that smoking bans in public places are fair to all citizens? Explain your answer.
Specify the primary and secondary target markets : From the start of this course, you have accessed the Interactive Marketing Plan tool and used the step-by-step guide to complete Part A of your marketing plan. Specify the primary and secondary target markets for your company
Key talent and reduce turnover : Organizations today have adopted innovative measures to retain key talent and reduce turnover. These measures include dual-career paths and alternative or flexible work arrangements. In addition, some organizations also provide their employees wit..
Valuation-depreciation-amortization and depletion : Write a 100 word response to each of the bulleted questions below. Each question must have its own response.
Explain the cost estimation methods : Explain the rationale behind time and cost estimation methods and why you chose one method over another. Determine the project budget.
Why did the house of representatives impeach clinton : Why did the House of Representatives impeach Clinton? Why did the Senate decline?
How could unsynchronized time disrupt the economy of america : How could unsynchronized time disrupt the economy of America. Give two examples and explain?
Tourism destination marketing : Final will be based on your group project, "Tourism Destination Marketing". It is an individual project that you need to work on one additional section into the report. The topic of section will be announced soon
Discuss the hundred years war and what were its causes : Discuss the Hundred Years War: What were its causes? Why did the war continue for so long a period? What advantages did each side possess? What were the outcomes of the war for France and England?

Reviews

Write a Review

Operation Management Questions & Answers

  Example for common international compensation approaches

Can you give an example of successfully using one of the common international compensation approaches - Balance Sheet, Negotiation, Localization, Lump Sum, or Cafeteria?

  Determine one of the six driving forces

Determine one (1) of the six (6) driving forces that lead executives to recognize the need for project management. Support your response with one (1) real-world example of the contribution of the driving force that you have chosen to overall proje..

  What is the economic order quantity

What is the economic order quantity? Calculate the annual inventory holding costs based on the average inventory level and annual holding cost per box

  The shop operates 20 days a month assume that demand is

a shop that makes candles offers a scented candle which has a monthly demand of 360 boxes. candles can be produced at a

  Determine the optimal production quantity

Water Wheelies can double its production rate by using a new technology, but the set-up cost per production run will also double. Determine the economic production quantity and the annual holding and set-up costs.

  Describe the ergonomic features in the automobile

Describe the ergonomic features in the automobile that you drive most often. if it is an older model, visit a new-car showroom and contrast those features with those found in some newer models.

  What is the objective of critical path analysis

What is the objective of critical path analysis? Explain why the critical path is the longest, not the shortest, path through a network.

  Discuss the inputs required for the mrp process

Discuss the inputs required for the MRP process and the role played by the bill of materials. This is all true here- tell me if that is the case what is the relationship between BOM and master scheduling

  Determine the economic order quantity

Determine the economic order quantity. (Do not round intermediate calculations. Round your final answer to the nearest whole number.) Economic order quantity bags=35

  What is the relationship between group norms

What is the relationship between group norms and group cohesiveness? What roles do both cohesiveness and norms play in shaping group performance?

  Determining business research and methodology

How are Hypothesis Development and Theoretical Framework employed in Healthcare? How does the Measurement of Variables (Operation Definition) play a role in Healthcare Field.

  Describe the requirements of forecast demand requirements

Describe the requirements of forecast demand and capacity requirements for financial planning, leading to proper business valuation.

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