Homework: Project Management
The homework involves updating your project plan to cover the costs associated with your identified activities.
While not an official area of the homework, it may help to identify resources and vendors needed to ensure your cost estimates are as accurate as possible. By placing resources against your work packages, you can get a clear visual of what each work package may cost.
You will use the project schedule you developed to estimate costs and then translate those costs into your project budget baseline.
Project budget baselines, typically include cost estimates that cover the following:
a. Work package estimates
b. Estimates for supplies or materials
c. Estimates for vendors & procurement activity
d. Estimates for risks or unknown project activity
For this homework, submit your schedule along with cost estimates against each activity that measures your best appraisal for that task. Also include a quote for your project budget baseline.
Format your homework according to the give formatting requirements:
a. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.
b. The response also includes a cover page containing the title of the homework, the course title, the student's name, and the date. The cover page is not included in the required page length.
c. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.