Project Management help needed

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Business Finance

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a. Using the schedule developed during Chapter 5 (see attached), estimate the cost for each activity.

If using Microsoft Project, enter the rates of the work and material resources on the Resource Sheet. Assign the cost resource amount on the Task Information window for the task where the resource is assigned. Any resources that are not assigned to work the duration of a work package should have a percent of effort assigned, or the task should be changed to a fixed duration and the amount of work changed.

b. Determine the TBC for the project using the top-down or the bottom-up approach

If using Microsoft Project and assigning the costs to the work packages, the approach is bottom-up.

·a) top-down = allocates a portion of the total project cost to each work package.

·b) bottom-up = sums the costs of all the activities that make up that work package.

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Shayla Hinton 0595188 MGMT 4335 25734 The Wedding 10/14/16 Chapter 4 a. Work Breakdown structure 1. Wedding Management 1.1 Create teams 1.2 Set team tasks 1.3 Determine Wedding locations 2. Resources Management 2.1Wedding Funding 2.2 Shopping 2.2.1 Wedding rings 2.2.2 Wedding dresses 2.2 Create Wedding Budget 2.2.1 Venue reservation 2.2.2 Church reservation 2.2.3 Vehicle hiring 2.2.4 Venue decoration 2.2.5 Food and drinks 3. Task Management 3.1 Venue supervision 3.2 Food and drinks preparation 3.3 Photo shooting End b. List of Activities The following activities will be done between now and the wedding day. Shayla Hinton 0595188 MGMT 4335 25734 The Wedding 10/14/16 i. ii. iii. iv. v. vi. vii. viii. ix. Establishing the wedding location Creating the budget Planning on dresses Selecting wedding venue Creating a wedding guest list Selecting the wedding party groomsman and bridesmaids Dancing/singing preparation Planning on entertainment Funding the wedding c. Person responsible for each activity Each activities will be supervised and accomplished by specific people as follows: i. ii. iii. iv. v. vi. vii. viii. ix. Establishing the wedding location - Tony Creating the budget - Tony Planning on dresses - Peggy Selecting wedding venue - Peggy Creating a wedding guest list - Tony Selecting the wedding party groomsman and bridesmaids - Tony Dancing/singing preparation - Peggy Planning on entertainment - Peggy Funding the wedding - Tony’s parents d. Network diagram The activities are marked as i – x as numbered in section c above. The network diagram is as follows: Chapter 5 a. Estimated Activity Duration Shayla Hinton 0595188 MGMT 4335 25734 The Wedding 10/14/16 # Activity Estimated duration i ii iii iv v vi vii viii Establishing the wedding location Creating the budget Planning on dresses Selecting wedding venue Creating a wedding guest list Selecting the wedding party groomsman and bridesmaids Dancing/singing preparation Planning on entertainment Funding the wedding 12 24 18 12 6 12 24 36 36 b. ES, EF, LS, and LF times and total slack Activity duration (days) ES EF LS LF Total slack i 12 0 12 12 12 0 ii 24 0 24 24 36 12 iii 18 12 30 30 48 18 iv 12 12 24 24 24 0 v 36 30 66 66 84 18 vi 60 24 84 84 84 0 vii 24 24 48 48 60 12 viii 30 48 78 84 84 6 ix 36 84 120 120 120 0 c. The critical path is i-iv-vi-ix. The activities are Establishing the wedding location, Selecting wedding venue, electing the wedding party groomsman and bridesmaids and then Funding the wedding d. Gantt chart
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Explanation & Answer

Also in the doc file, though not important.

Name
Instructor
Course
Date
Project management tools related case study assignment
Part
a. Work Breakdown structure
1. Wedding Management
1.1 Create teams
1.2 Set team tasks
1.3 Determine Wedding locations
2. Resources Management
2.1Wedding Funding
2.2 Shopping
2.2.1 Wedding rings
2.2.2 Wedding dresses
2.2 Create Wedding Budget
2.2.1 Venue reservation
2.2.2 Church reservation
2.2.3 Vehicle hiring
2.2.4 Venue decoration
2.2.5 Food and drinks
3. Task Management
3.1 Venue supervision
3.2 Food and drinks preparation

3.3 Photo shooting

End
b. List of Activities
The following activities will be done between now and the wedding day.
i.
ii.
iii.
iv.
v.
vi.
vii.
viii.
ix.

Establishing...


Anonymous
This is great! Exactly what I wanted.

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