What is the total budget for this project

Assignment Help Operation Management
Reference no: EM13859649

Using the WBS for your project complete the attached Cost Estimate Work Sheet by including the best cost estimates available for each of the activities listed on the WBS. Also indicate whether the activity represents a recurring or non-recurring cost.
Cost Estimate Worksheet

Use the Cost Estimate Work Sheet from the previous step to complete the Initial Budget Worksheet by using the attached template.
Initial Budget Worksheet

In a paper that is a minimum of 3 pages long, based on your calculations what is the total budget for this project? According to this analysis, identify clearly and concisely at least three areas where you see potential cost savings.

For each of these areas of opportunity using your understanding of the project, explain a potential change in plan to reduce costs in the project. When making recommendations for cost reductions how can you ensure these cost reductions are in the best interest of the company, i.e. you aren't sacrificing quality in order to cut costs.

Your submission should follow the essentials of APA (i.e., cover page, double-spaced, 12 pt. font, reference section at the end, in-text citations, etc.).

Attachment:- Assignment.rar

Reference no: EM13859649

Questions Cloud

Distinction between evolution and natural selection : Consider the distinction between evolution and natural selection.a) Under what circumstances can evolution occur in the absence of natural selection? Give two different examples, invoking different evolutionary forces in each.
What is meant by managing paradox and contradiction : Identify and describe the four key factors that need to be considered during the growth stage. What is meant by managing paradox and contradiction? Identify five unique managerial concerns of growing businesses
Function of heart and lung in blood circulation : What's important function of heart and lung in blood circulation. do they work together?
How would the policy statements help with the risk : How would these policy statements help with that risk? What residual risk may remain once these 7 policies have been implemented? What is your recommendation for that residual risk?
What is the total budget for this project : In a paper that is a minimum of 3 pages long, based on your calculations what is the total budget for this project? According to this analysis, identify clearly and concisely at least three areas where you see potential cost savings
How does six sigma relate to tqm : What is fail-safe or poka-yoke procedures explain, give an example. How does six sigma relate to TQM
List four of the suggested tips for resolving conflict : Why do conflicts arise. (three specific words or phrases). List four of the suggested tips for resolving conflict. List three of the attributes of constructive dialogue in the order you think is the most important. Briefly explain your rankings.
Calculate the breakeven point : Calculate the breakeven point
What risks associated with implementation of disk encryption : What risks might be associated with the implementation of full-disk encryption on all laptops? How could you mitigate these risks? Is it worth it?

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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