Estimate the cost for each activity using the schedule and

Case Study:

This activity will test whether you are able to apply the strategies and tools that you learned in the class to real-life scenarios and to also present your solutions/recommendations in a logical, concise, and easy to understand format.

This is an opportunity to display your ability to apply the concepts that you learned in the class to a real world scenario. Remember, the content of your recommendation is as important as its presentation.

Imagine that your recommendations will be read by executive management, as well as by other project stakeholders.

Read the following:

• Gido, J., & Clements, J. P. (2012). Successful project management. Mason, OH: South-Western Cengage Learning.
o Chapter 7: Determining Costs, Budget, and Earned Value

o Chapter 8: Managing Risk

View the following:

• PowerPoint presentations:
o Chapter 7: Determining Costs, Budget, and Earned Value

o Chapter 8: Managing Risk

In an essay of 500-600 words, prepare a well-organized examination of the case study based on Chapter 7 from the textbook on the topic-The Wedding Part 4 of 5.

In the study, you have to:

1. Estimate the cost for each activity, using the schedule from table.

Schedule for web based reporting system project

Web-based Reporting System Project

 

Activity  Respon. Estim.Dur. Earliest Latest  Total Slack




Start Finish Start Finish
1 Gather Data  Beth 3 0 0 -8 -5 -8
2 Study Feasibility Jack 4 0 4 -9 -5 -9
3 Prepare Problem Definition Report Rose 1 4 5 -5 -4 -9
4 Interview users Jim 5 5 10 -4 1 -9
5 Study Existing System Steve 8 5 13 -2 6 -7
6 Define User Requirements Jeff 5 10 15 1 6 -9
7 Prepare System Analysis Report Jim 1 15 16 6 7 -9
8 Input & Output Tyler 8 16 24 9 17 -7
9 Processing & Database Joe 10 16 26 7 17 -9
10 Evaluation  Cathy 2 26 28 17 19 -9
11 Prepare System Design Report Sharon 2 28 30 19 21 -9
12 Software Development Hannah 15 30 45 21 36 -4
13 Hardware Development Joe 10 30 40 26 36 -4
14 Network Development  Gem 6 30 36 30 36 0
15 Prepare System Development Jack 2 45 47 36 38 -9
16 Software Testing Maggie 6 47 53 38 44 -9
17 Hardware Testing Gene 4 47 51 40 44 -7
18 Network Testing Greg  4 47 51 40 44 -7
19 Prepare Testing Report Rose 1 53 54 44 45 -9
20 Training jim 4 54 58 45 49 -9
21 System Conversion Beth 2 54 56 47 49 -7
22 Prepare implementation report  Jack 1 58 59 49 50 -9

2. Determine the total budgeted cost for the project.

3. Prepare a budgeted cost by period table and a cumulative budgeted cost (CBC) curve similar to Figure for the project.

2392_Cumulative budgeted cost.png

Budgeted Cost by Period for the Packaging Machine Project

 

 

Week

 

 

 

TBC

1

2

3

4

5

6

7

8

9

10

11

12

Design

24

4

4

8

8

 

 

 

 

 

 

 

 

Build

60

 

 

 

 

8

8

12

12

10

10

 

 

Install & Test

16

 

 

 

 

 

 

 

 

 

 

8

8

Total

100

4

4

8

8

8

8

12

12

10

10

8

8

Cumulative

 

4

8

16

24

32

40

52

64

74

84

92

100

Amounts are in thousands of dollars.

Draw your sources from the Case Study Instructions and relevant peer-reviewed professional literature. Use the American Psychological Association (APA) style (6th edition) for writing your assignment.

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Project Management: Estimate the cost for each activity using the schedule and
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Anonymous user

4/18/2016 3:49:01 AM

Give the full description of your assignment that is a Case Study read that carefully and show your answer This activity will test whether you are able to relate the strategies and tools which you learned in the class to real-life scenarios and toward as well present your solutions/recommendations in a logical, concise, and easy to comprehend format. This is an opportunity to display your ability to apply the ideas that you learned in the class to a real world scenario. Keep in mind, the content of your suggestion is as significant as its presentation. Suppose that your suggestions will be read via executive management, in addition to via other project stakeholders.