Project Cost & Time Simple Exercise

User Generated

wnpxtvey123

Business Finance

Univeristy of Phoenix

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Starting on page 151 of chapter 5...

Complete Exercises 1–3 ONLY in Ch. 5 of Project Management. See attached for Chapter 5

Submit your answers in a Microsoft® Word document or an Excel spreadsheet.

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5/6/2019 Project Management: The Managerial Process - Pages 128 - 159 PRINTED BY: kleigh02@email.phoenix.edu. Printing is for personal, private use only. No part of this book may be reproduced or transmitted without publisher's prior permission. Violators will be prosecuted. https://phoenix.vitalsource.com/#/books/1259822338/cfi/6/32!/4/4/2@0:100 1/26 5/6/2019 Project Management: The Managerial Process - Pages 128 - 159 PRINTED BY: kleigh02@email.phoenix.edu. Printing is for personal, private use only. No part of this book may be reproduced or transmitted without publisher's prior permission. Violators will be prosecuted. https://phoenix.vitalsource.com/#/books/1259822338/cfi/6/32!/4/4/2@0:100 2/26 5/6/2019 Project Management: The Managerial Process - Pages 128 - 159 PRINTED BY: kleigh02@email.phoenix.edu. Printing is for personal, private use only. No part of this book may be reproduced or transmitted without publisher's prior permission. Violators will be prosecuted. https://phoenix.vitalsource.com/#/books/1259822338/cfi/6/32!/4/4/2@0:100 3/26 5/6/2019 Project Management: The Managerial Process - Pages 128 - 159 PRINTED BY: kleigh02@email.phoenix.edu. Printing is for personal, private use only. No part of this book may be reproduced or transmitted without publisher's prior permission. Violators will be prosecuted. https://phoenix.vitalsource.com/#/books/1259822338/cfi/6/32!/4/4/2@0:100 4/26 5/6/2019 Project Management: The Managerial Process - Pages 128 - 159 PRINTED BY: kleigh02@email.phoenix.edu. Printing is for personal, private use only. No part of this book may be reproduced or transmitted without publisher's prior permission. Violators will be prosecuted. https://phoenix.vitalsource.com/#/books/1259822338/cfi/6/32!/4/4/2@0:100 5/26 5/6/2019 Project Management: The Managerial Process - Pages 128 - 159 PRINTED BY: kleigh02@email.phoenix.edu. Printing is for personal, private use only. No part of this book may be reproduced or transmitted without publisher's prior permission. Violators will be prosecuted. https://phoenix.vitalsource.com/#/books/1259822338/cfi/6/32!/4/4/2@0:100 6/26 5/6/2019 Project Management: The Managerial Process - Pages 128 - 159 PRINTED BY: kleigh02@email.phoenix.edu. Printing is for personal, private use only. No part of this book may be reproduced or transmitted without publisher's prior permission. Violators will be prosecuted. https://phoenix.vitalsource.com/#/books/1259822338/cfi/6/32!/4/4/2@0:100 7/26 5/6/2019 Project Management: The Managerial Process - Pages 128 - 159 PRINTED BY: kleigh02@email.phoenix.edu. Printing is for personal, private use only. No part of this book may be reproduced or transmitted without publisher's prior permission. Violators will be prosecuted. https://phoenix.vitalsource.com/#/books/1259822338/cfi/6/32!/4/4/2@0:100 8/26 5/6/2019 Project Management: The Managerial Process - Pages 128 - 159 PRINTED BY: kleigh02@email.phoenix.edu. Printing is for personal, private use only. No part of this book may be reproduced or transmitted without publisher's prior permission. Violators will be prosecuted. https://phoenix.vitalsource.com/#/books/1259822338/cfi/6/32!/4/4/2@0:100 9/26 5/6/2019 Project Management: The Managerial Process - Pages 128 - 159 PRINTED BY: kleigh02@email.phoenix.edu. Printing is for personal, private use only. No part of this book may be reproduced or transmitted without publisher's prior permission. Violators will be prosecuted. https://phoenix.vitalsource.com/#/books/1259822338/cfi/6/32!/4/4/2@0:100 10/26 5/6/2019 Project Management: The Managerial Process - Pages 128 - 159 PRINTED BY: kleigh02@email.phoenix.edu. Printing is for personal, private use only. No part of this book may be reproduced or transmitted without publisher's prior permission. Violators will be prosecuted. https://phoenix.vitalsource.com/#/books/1259822338/cfi/6/32!/4/4/2@0:100 11/26 5/6/2019 Project Management: The Managerial Process - Pages 128 - 159 PRINTED BY: kleigh02@email.phoenix.edu. Printing is for personal, private use only. No part of this book may be reproduced or transmitted without publisher's prior permission. Violators will be prosecuted. https://phoenix.vitalsource.com/#/books/1259822338/cfi/6/32!/4/4/2@0:100 12/26 5/6/2019 Project Management: The Managerial Process - Pages 128 - 159 PRINTED BY: kleigh02@email.phoenix.edu. Printing is for personal, private use only. No part of this book may be reproduced or transmitted without publisher's prior permission. Violators will be prosecuted. https://phoenix.vitalsource.com/#/books/1259822338/cfi/6/32!/4/4/2@0:100 13/26 5/6/2019 Project Management: The Managerial Process - Pages 128 - 159 PRINTED BY: kleigh02@email.phoenix.edu. Printing is for personal, private use only. No part of this book may be reproduced or transmitted without publisher's prior permission. Violators will be prosecuted. https://phoenix.vitalsource.com/#/books/1259822338/cfi/6/32!/4/4/2@0:100 14/26 5/6/2019 Project Management: The Managerial Process - Pages 128 - 159 PRINTED BY: kleigh02@email.phoenix.edu. Printing is for personal, private use only. No part of this book may be reproduced or transmitted without publisher's prior permission. Violators will be prosecuted. https://phoenix.vitalsource.com/#/books/1259822338/cfi/6/32!/4/4/2@0:100 15/26 5/6/2019 Project Management: The Managerial Process - Pages 128 - 159 PRINTED BY: kleigh02@email.phoenix.edu. Printing is for personal, private use only. No part of this book may be reproduced or transmitted without publisher's prior permission. Violators will be prosecuted. https://phoenix.vitalsource.com/#/books/1259822338/cfi/6/32!/4/4/2@0:100 16/26 5/6/2019 Project Management: The Managerial Process - Pages 128 - 159 PRINTED BY: kleigh02@email.phoenix.edu. Printing is for personal, private use only. No part of this book may be reproduced or transmitted without publisher's prior permission. Violators will be prosecuted. https://phoenix.vitalsource.com/#/books/1259822338/cfi/6/32!/4/4/2@0:100 17/26 5/6/2019 Project Management: The Managerial Process - Pages 128 - 159 PRINTED BY: kleigh02@email.phoenix.edu. Printing is for personal, private use only. No part of this book may be reproduced or transmitted without publisher's prior permission. Violators will be prosecuted. https://phoenix.vitalsource.com/#/books/1259822338/cfi/6/32!/4/4/2@0:100 18/26 5/6/2019 Project Management: The Managerial Process - Pages 128 - 159 PRINTED BY: kleigh02@email.phoenix.edu. Printing is for personal, private use only. No part of this book may be reproduced or transmitted without publisher's prior permission. Violators will be prosecuted. https://phoenix.vitalsource.com/#/books/1259822338/cfi/6/32!/4/4/2@0:100 19/26 5/6/2019 Project Management: The Managerial Process - Pages 128 - 159 PRINTED BY: kleigh02@email.phoenix.edu. Printing is for personal, private use only. No part of this book may be reproduced or transmitted without publisher's prior permission. Violators will be prosecuted. https://phoenix.vitalsource.com/#/books/1259822338/cfi/6/32!/4/4/2@0:100 20/26 5/6/2019 Project Management: The Managerial Process - Pages 128 - 159 PRINTED BY: kleigh02@email.phoenix.edu. Printing is for personal, private use only. No part of this book may be reproduced or transmitted without publisher's prior permission. Violators will be prosecuted. https://phoenix.vitalsource.com/#/books/1259822338/cfi/6/32!/4/4/2@0:100 21/26 5/6/2019 Project Management: The Managerial Process - Pages 128 - 159 PRINTED BY: kleigh02@email.phoenix.edu. Printing is for personal, private use only. No part of this book may be reproduced or transmitted without publisher's prior permission. Violators will be prosecuted. https://phoenix.vitalsource.com/#/books/1259822338/cfi/6/32!/4/4/2@0:100 22/26 5/6/2019 Project Management: The Managerial Process - Pages 128 - 159 PRINTED BY: kleigh02@email.phoenix.edu. Printing is for personal, private use only. No part of this book may be reproduced or transmitted without publisher's prior permission. Violators will be prosecuted. https://phoenix.vitalsource.com/#/books/1259822338/cfi/6/32!/4/4/2@0:100 23/26 5/6/2019 Project Management: The Managerial Process - Pages 128 - 159 PRINTED BY: kleigh02@email.phoenix.edu. Printing is for personal, private use only. No part of this book may be reproduced or transmitted without publisher's prior permission. Violators will be prosecuted. https://phoenix.vitalsource.com/#/books/1259822338/cfi/6/32!/4/4/2@0:100 24/26 5/6/2019 Project Management: The Managerial Process - Pages 128 - 159 PRINTED BY: kleigh02@email.phoenix.edu. Printing is for personal, private use only. No part of this book may be reproduced or transmitted without publisher's prior permission. Violators will be prosecuted. https://phoenix.vitalsource.com/#/books/1259822338/cfi/6/32!/4/4/2@0:100 25/26 5/6/2019 Project Management: The Managerial Process - Pages 128 - 159 PRINTED BY: kleigh02@email.phoenix.edu. Printing is for personal, private use only. 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Explanation & Answer

Attached.

Running Head: CHAPTER 5 EXERCISES

1

Chapter 5 Exercises 1–3
Students Name
Institution Affiliated
Date

CHAPTER 5 EXERCISES

2

1. Calculate the direct cost of labor for a project team member using the following data:
Hourly rate: $40/hr
Hours needed: 80
Overhead rate: 40%

To calculate Direct Cost of Labor:
80 𝑥 $40 = $3,200
Since the overhead costs are not included in direct cost of labor.
To get the overhead cost;
$3,200 𝑥 0.40 = $1280
To calculate Total Direct Costs.
We add $3,200 + $1280 = $𝟒, 𝟒𝟖𝟎
2. Mrs. Tolstoy and her husband, Serge, are planning their dream house. The lot for the
house sits high ...


Anonymous
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