Budget estimating | Computer Science homework help

  

This assignment consists of 2 parts: questions about budget estimation and developing a budget. 

Part 1 Questions (10 points)

Provide responses to the following questions

1.    You are providing a review of contractor bids for a component of your upcoming project.  What can be done to determine whether or not a vendor’s bid is reasonable?

2.    Describe the conditions for which parametric, analogous and bottom up estimation techniques work best, and provide 2 examples in support of each method.

3.    Why is a cost management plan important?  How does the plan benefit the project manager?

Part 2 Budget Estimating (30 points)

Using the same scenario from the previous unit on scheduling, create a time-phased budget for the following project.  Prepare a figure like Exhibit 10.9, CPT 4e, that illustrates the daily and cumulative costs for the resource-leveled project. 

Assume the following hourly rates:

Alcides $45 / hr.

Joan $50 / hr.

Part 3 Budget Estimating (50 points)

You are the project manager for a process improvement project for Company XYZ.    Prepare a figure like Exhibit 10.9 that illustrates the weekly and cumulative costs for the resource-leveled project. 

Hint: To accomplish this exercise, you’ll need to create a project schedule in MS Excel (or by hand), create resource assignments, assign costs to each resource, and assign the resources to each task.  Some resource leveling will be required. 

In this project, you have 3 employees: Ann, Becky and Clive.  Each person is limited to the amount of time allocated to your project.  Ann and Becky are available 30 hours/week; Clive is available 20 hours/week.  There hourly rates are: Ann: $60/hour; Becky: $35/hour; and Clive: $50/hour.

Mechanics (10 points)

Part 1 responses should be presented in a question-response format.  Use Arial font with 11 point. There is no word limit.

Your Instructor will use Turn-it-in to ensure your paper is authentic work.  To avoid plagiarism, see the course home page for more information and use the Purdue Online Writing Lab to learn how to paraphrase, summarize and cite the references you use in all academic writing assignments.

Parts 2 and 3 Use MS Excel (MS Project is not acceptable) to create the budget estimate and present it similar to Exhibit 10.9.  Show intermediate steps (schedule, resource schedule assignments, resource-leveled schedule and any other elements needed to create the time-phased budget estimate.

It is expected that each part of this assignment have excellent mechanics (presentation, grammar and spelling) and exhibit the quality of work capable of a group of graduate students and working professionals. All sections of the document submitted must be readable at 100% magnification.

Your Instructor will use Turn-it-in to ensure your paper is authentic work.  To avoid plagiarism, see the course home page for more information and use the Purdue Online Writing Lab to learn how to paraphrase, summarize and cite the references you use in all academic writing assignments.







Calculate Your Essay Price
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Order your essay today and save 10% with the coupon code: best10