Evaluate cost estimation, Project Management

Assignment Help:

Prepare a 1-page Cost Estimate in MS Excel for the project similar to the example provided below. Use the WBS items provided below, and be sure to document assumptions you make in preparing the cost estimate. Assume a labour rate of $100/hour for the project manager and $60/hour for other project team members. Assume twice those numbers for outsourced labour.

WBS items to use for Question

Project Management (internal) 
- Project manager

- Internal Team members

Requirements Definition

- Internal team

- Outsourced labour

Off-the-Shelf System Installation

- Internal team

- Outsourced labour

- Hardware

- Purchased software

System Customization

- Internal team 

- Outsourced labour

Testing

- Internal team

- Outsourced labour

Training, Roll Out, and Support

- Internal team

- Outsourced labour


Related Discussions:- Evaluate cost estimation

Effect of the organisational values in individual behavior, The individual ...

The individual is a central feature of organisational behavior and a necessary part of any behavioral situation. According to the study findings, that organisational value has help

Design and implementation of the pms, Question: Performance appraisal (...

Question: Performance appraisal (PA) and management play an important role in the effective management of employees in every viable organisation. However, for many Human Resour

Inventory and stores control, 1. Inventory  and Stores Control : Inventor...

1. Inventory  and Stores Control : Inventory  control is  a systematic procedure  for  ensuring  the  availability  of items necessary to meet the  production  requirements  at o

#title.Risk management and procurement, Critically evaluate the use of comp...

Critically evaluate the use of complex models of Project Risk and Procurement Management; systematically and creatively making sound judgements based on the systematic analysis and

Launch a new school, how we launch a new school? which steps should keep in...

how we launch a new school? which steps should keep in mind? whats srategies and policies can apply? what is the history of ne school? i need urgent answer

The importance of each phases of the project life cycle, Question (a) D...

Question (a) Discuss the importance of each phases of the project life cycle (b) Assumptions make estimates more accurate. Do you agree with this statement? (c) Outline s

What are the purposes of budgets in risk management, What are the purposes ...

What are the purposes of budgets in risk management? The purpose of budgets: P   Planning R  Resource employment or responsibility accounting I   Integration and/o

Output analyzer, We used the output analyzer in order to compare the averag...

We used the output analyzer in order to compare the average waiting time spent in the urgent doctor queue in both the base model and alternative model 1 and between base model and

Feasibility analysis on syringe management plan, Feasibility Analysis ...

Feasibility Analysis Market analysis Competition: To protect the community against harmful needle injuries Yarra council has already implemented the syringe manageme

Total quality management, TOTAL QUALITY MANAGEMENT: Decision making is...

TOTAL QUALITY MANAGEMENT: Decision making is an important management process in any organization. Without decision, nothing can be properly planned or accomplished. Decisions

Write Your Message!

Captcha
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