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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
- Hardware
- Purchased software
System Customization
Testing
Training, Roll Out, and Support
Risk management enhancement There is scope for risk management scenario and the following are some of the methods suggested: Bringing increased awareness of risks: Imp
Question: (a) An internal audit program (or schedule ) is prepared taking into consideration ‘the status and importance of the various processes and areas.' With reference to
advantages and disadvantages
External Factors Opportunity This plan will build a good image for Maribyrnong Council, even Melbourne. The opportunity for Maribyrnong Council, there maybe will attrac
Policies are general statements to guide subordinate thinking in the decision making process. policies define the area within which a subordinate may make a decision. In
Characteristics of Process Planning Since a process is required to manufacture a product it is necessary to plan the process. Process planning comes after it has
Question: (a) The purpose of Project Monitoring and Control is to evaluate and provide an understanding of the evolution and progress of a project. This enables measurement of
Disadvantages of FMS Limited ability to adapt to changes in product Substantial preplanning and capital Tooling and fixture requirements
what are the segments involved in project management structure?
Problem: (a) Give the definition of a team and elaborate on the purpose of having teams in the organisation. (b) Describe the different processes that take place in a team a
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