Who were the main stakeholders in the project

Assignment Help Accounting Basics
Reference no: EM132221635

Question: 2-3 pages total, single spaced 12 pt font

Part A: Cost Estimation in the News

Find a news article, magazine, or other periodical that features a project that was extremely complex. This may be from any domain such as construction, information technology, aerospace, etc. Examples include the cost overrun associated with the Big Dig or the Seven Wonders of the Modern World.

Provide the source of your article and answer the following discussion questions:

1. Who were the main stakeholders in the project?

2. What were the technical sources of complexity that would drive cost?

3. What were the non-technical (i.e., people, processes, politics) sources of complexity that would drive cost?

4. How could completion progress be measured on this project?

5. Identify any unique aspects of this project.

Part B: The Constructive Cost Model

Read chapters 1 and 2 of the COCOMO book and answer the following questions.

1. Of the six COCOMO II model objectives in Chapter 1, identify which ones you believe are the most important to:

• Model users (i.e., an engineer at an aerospace company)

• Model developers (i.e., commercial tool vendor such as IBM)

• Model evaluators (i.e., academic researcher)

2. Figure 1.2 is also referred to as the "cone of uncertainty". Comment on the shape of the curves, specifically:

• whether they should truly be symmetrical

• whether they should converge at the point of software acceptance

• whether programs are more frequently overestimated or underestimated

3. Choose one COCOMO II cost driver from Chapter 2 and discuss your personal experience with this phenomenon. Did you experience a cost/effort increase as a result or a decrease?

Reference no: EM132221635

Questions Cloud

What do you think are the critical social systems : Write a reflection on "Psychodynamic Theory: The Essential Elements" by Jack Nathan. Discuss the concepts of transference and counter transference.
Describe the rights of the person making the inquiry : Describe the rights of the person making the inquiry, and explain how you as a medical social worker should respond.
Create custom micro-brews using given information : The St. Sixtus monastery last expanded its' production capacity in 1946; however, due to an increase in the cost of maintaining their modest lifestyle.
A description of the current policy goals : The purpose of policy is to improve the lives and well-being of individuals and groups in our society.
Who were the main stakeholders in the project : Find a news article, magazine, or other periodical that features a project that was extremely complex. This may be from any domain such as construction.
Explain why this problem qualifies as a social problem : Discuss the individual and social implications of this problem. Your discussion of implications should be supported by accurate research data.
Explain controversy surrounding the use of this medication : Some health care providers focus on the removal of all substances to address the addiction and argue that complete abstinence is the only real option.
Identify one additional area affected by the given events : In this second part of your task as Project Manager, provide an analysis of unexpected events to your management using the Project Schedule Template.
How has the issue of drug addiction : How has the issue of drug addiction and the ‘war on drugs' changed over the past 20 years?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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