Paper Two portions
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 .-
I will provide 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:
Project scope: Refine project scope statements from the scope statement in the charter from Week 1.
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.