Time, cost, and resource management

User Generated

znegunarteba

Business Finance

Description

In this section of your project you will break down your project tasks into the knowledge areas studied in this and previous units and provide the following:

  • A budget with cost breakdowns (You may prefer to use the templates for Budget Plan provided)
    Excel Budget Plan Template
  • A schedule to include any critical paths that might exist and/or any dependencies between specific tasks. (You may prefer to use the templates for Project Schedule provided)
    Excel Project Schedule Template
  • Provide the instructor with a resource plan for your project. (You may use the templates for Resource Plan provided)
    Excel Resource Plan Template
  • In a paper that is a minimum of 3 pages long, based on your calculations found using the provided templates, what is the total budget for this project? According to this analysis, identify clearly and concisely at least three areas where you see potential cost savings.
  • For each of these areas of opportunity using your understanding of the project, explain a potential change in plan to reduce costs in the project. When making recommendations for cost reductions how can you ensure these cost reductions are in the best interest of the company, i.e. you aren't sacrificing quality in order to cut costs.
  • Your submission should follow the essentials of APA (i.e., cover page, double-spaced, 12 pt. font, reference section at the end, in-text citations, etc.).

    Would you like information about how to format in APA? Click here.
  • Papers should be spell-checked and submitted to Grammarly prior to submitting your paper to the drop box.

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Explanation & Answer

Please find the attached.. LEt me know if you have any issue

Running head: Course Project

1

Course Project
Martha Negron
Rasmussen College

Author Note
This paper is being submitted on April 20, 2017, for Lou Ann McElyea’s B279
Introduction to Functional and Project Management course.

Course project
Budget
This essay is addressing the budget, schedule and resource management for the proposed
construction of community library in the outskirts of Washington DC for the less privileged
members of the community. The budget will be broken down into sub costs that will be
addressed individually. The budget will include expenses of materials, personnel, consultation
fees, the workers and the miscellaneous costs.
Task/item

units

Cost in ($)

Total in ($)

Potential

Per month

For 2 years

saving in ($)

Unskilled workers

30

700

504000

63000

Skilled workers

5

1300

156000

0

Roofing material

100 iron sheets

7 once

7000

0

cement

500 bags

6 once

3000

0

Glass panel...


Anonymous
I was struggling with this subject, and this helped me a ton!

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