Assignment:
Part I
Questions with answers of 80 words.
1. Recommendations to come up with Resources and Cost Scheduling in a project.
2. Importance of scheduling project resources.
3. Steps to create Time-Phased Budget
4. Differences of a Project manager and a Business analyst
5. Best practices to finish a project on time, on budget.
6. How to develop a project network?
7. What are the Hammock Activities
8. Benefits of developing the WBS.
Part II
You will be provided the project which is about transferring manufacturing from United States to Mexico.
Based on this project please create a project schedule, and budget.
Use the following guidelines to complete the assignment:
1. Project scope: Refine project scope statements from the scope statement in the charter.
Develop a work breakdown structure (WBS) from the refined scope statement.
Project schedule: Using Microsoft® Project and the WBS you developed above, create a schedule for your project's lifecycle. Include specific tasks and milestones, with time and resource estimates, to meet organizational objectives in 350 words.
Project budget: Using Microsoft® Excel® and the project schedule, WBS, and scope statement, create a time-phased budget containing cost estimates. Include direct and indirect costs for labor, machinery, equipment, supplies, and other elements applicable to the project.