The primary parts of the plan are the budget, the schedule, and the multitude of details that fill these out. The WBS is the basic tool used in project planning, and project estimates are typically derived from the details found in the WBS. Estimates form the basis for defining project budgets. Estimates are typically formed using a combination of estimated costs for labor and materials, combined with allowances for indirect costs such as inventory costs and overhead. WBS: There are a
Words: 274 - Pages: 2
------------------------------------------------- Top of Form Grade for Felecia McClain: Week 3 Quiz | Numeric grade: | 75/100 | Letter grade: | | Comments: Felecia - It appears you have a fair understanding of the material. Please let me know if you have questions on any areas where you lost points. Wilma | <Close Window | Autograde Summary | Date Taken: | 5/21/2011 10:58:45 PM | Time Spent: | 2:00:00 (2:00 allowed) | Points Received: | 75 / 100 (75%) | These are
Words: 1742 - Pages: 7
profitability of building a new AT&T retail location to support its growing consumer market. A budget and schedule will be formulated in order to gage the profitability of opening a new location. A WBS (work breakdown schedule) will also be formulated that will give us a breakdown of all work that is to be done. The WBS will give the different workgroups a schedule of responsibilities to adhere to. The cost analysis shows that it will be beneficial for AT&T to build a new location to service
Words: 469 - Pages: 2
Week 6 Assignment Our team is building a tree house for a family in their backyard within a residential housing area. The project should be completed in thirty business days with a project budget not to exceed $25,000. All legal permits are required in order to start building, and the tree house is expected to be child safe and weather resistant. As a team we have stayed under budget because we have taken into account periodic costs through our risk analysis. As a team we have taken
Words: 616 - Pages: 3
is sound and falls directly inline. It also gives employees an opportunity to grow with the company and working professionals away to perform as a single unit. The draw backs are that the decision process can be very time consuming, the flow of communication between departments is complicated and when you group the people by functions it limits the amount of different views that can be come up with. This structure is best used when companies have an individual product or group of similar products that
Words: 628 - Pages: 3
Purpose of Project Project Purpose The determination of this project was to analyse project in the light of our course requirement. Which is MS Project. Project Description Shadab & Company is a reliable company in construction industry. It active in building projects for the last couple of years. The main purpose of Shadab & Company is to fulfil the needs of customers and satisfy them by providing first class construction and satisfy them by providing best possible solutions regarding construction
Words: 2903 - Pages: 12
For the past few years, Cruisers has been your designated location to purchase the motorcycle you can trust. Our customer’s appreciate the level of experience we have, and our attention to customer service. Cruisers has made your purchases not only easy, but special. Because of the loyal relationship we have developed with all of our customers, Cruisers has chosen a different type of motorcycle. The new Touring Class models will be available in addition to our standard fuel efficient cruisers. Cruisers
Words: 1467 - Pages: 6
assigning tasks to each team member that tailors to their skill set and schedule, such in the case of Carmen Sanchez having a busy schedule. For example, during the process of dividing the project into manageable tasks by creating the project’s work breakdown structure, it may be ideal for Jim to assign Carmen on tasks that do not pose a strict deadline, given her busy schedule. Chapter 4 1. Look over the scope statement (PE Figure 4-1). If you were an employee at Petrie’s Electronics, would you
Words: 598 - Pages: 3
Blue Spider Case 1) If you were Gary Anderson would you have accepted this project after the director stated that it would be his baby all the way? Despite Henry Gable’s very apparent shadiness I would probably have taken the project too due to the backing that the project has. Even though the project had issues, based on all we have learned in project management, it is rare that a project has the amount of attention and backing from top executives, as well as, strong resources from the functional
Words: 767 - Pages: 4
Assignment 2: Project Motorcycles BUS 375 Project Management May 8, 2015 Select one (1) of the types of project organization that would suit the development of the larger touring class motorcycles. Outline the process steps that your company would take in order to develop the motorcycle. Provide a rationale for the response. The type of project organization that would suit the development of the larger touring class motorcycles would be the project driven organization. According to Kerzner
Words: 1206 - Pages: 5