granulation - Work breakdown task dictionary 2. Consider a dinner party, with entrée, main course, and dessert. If the dinner party is considered a project it will need a WBS. Create a WBS appropriate for a dinner party. Upload your answer form assessment. Optimum file size should be less than 7MB 3. What estimating methods might be applicable in project time management techniques? - Precedence Diagramming Method (PDM) • Finish to start (FS) -– Task A must be completed before Task B can begin.
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BSBPMG410: Apply project time management techniques. Formative assessments Activity 1 1 What can be included in the Work Breakdown Structure to provide the detail needed for effective planning and control? Give at least four examples. The WBS must include the work defined by the project scope. It needs to capture all the deliverables in the project being internal and external. Project deliverables. Activity and task descriptors. High-level deliverables framework. Multi-level task granulation
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Background-Case Overview The Estimating Problem Case Study is the process of estimating the duration of a project. It is a significant part of the planning process of a project. Estimating is a best guess and it is well thought out based on using various estimating techniques as well as all available resources related to a project. Barbara’s company successfully won a competitive bid. As the Project Manager on the project as well she was not part of the bidding process, but she had extensive knowledge
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Five Questions a Project Manager Should Ask About Every Estimate Anthony A DeMarco, President, PRICE Systems, L.L.C. Introduction Every day, project managers make decisions based on estimates. Since each decision can determine whether a project succeeds or fails, accurate estimates are critical. Projects launched without a rigorous initial estimate are five times more probable of experiencing delays and cancellations. Even projects with sound initial estimates are doomed to overrun cost and schedule
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Project management Approaches While estimating a project, the first step is to derive the size of the project so as to guide in estimation of other parameters, such as cost, schedule, and effort. With an accurate estimation of the size of your project done, you can carry out estimation of the required effort. This conversion from project size to total project effort is done after you have defined the project development lifecycle and development process that your team should follow to specify,
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Information Systems Project Management Unit 3 Assignment 1 Kaplan University IT511 Professor Chad McAllister February 16, 2013 1. Explain project scope management in terms of its processes. Scope management is the process of defining and controlling the work that is or is not included in the project (Schwalbe, 2012). This outlines to the team and stakeholders the product that will be produced and the processes that will be used to produce that product. The project scope management
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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
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GenRays Matrix Template Project Management Knowledge Areas|Recommended Tool(s)|Justification for Tool| Project Integration Management | Expert Judgment|-PM Plan is Formal, single document, approved (becomes officially the project plan. It defines how project is executed and controlled. Scope, schedule, and Cost, Change, and Configuration Management plans are created in this process and are part of the PM plan- Scope Management plan is developed here as well.| Project Scope Management | -Interviews
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Estimating Projects • Estimating –The process of forecasting or approximating the time and cost of completing project deliverables. –The task of balancing the expectations of stakeholders and the need for control while the project is implemented • Types of Estimates –Top-down (macro) estimates: analogy, group consensus, or mathematical relationships –Bottom-up (micro) estimates: estimates of elements of the work breakdown structure Copyright © 2006 The McGraw-Hill Companies. All rights reserved
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Analogous Estimating: An estimating technique that uses the cost along with measures of scale such as size, weight or complexity from a previous project to estimate cost for a similar future project. (Aka Top Down, -40% to +100%) Parametric Estimating: An estimating technique that uses a statistical relationship between historical data and other variables to calculate project costs. (More accurate, -30% to +50%) Bottom-Up Estimating: Estimating project decomposed of detail, time consumption, most
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