Project Management Estimation

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fgrcurazf1998

Business Finance

Description

  • Creating your WBS in MS Project. Assign Using MS Project, enter all the WBS deliverables/outputs, activities, and tasks into a new MS project file and save it with your group name and course #.
  • Sequence your activities. Now that you have defined your activities, ensure that they are listed in the order that they should be completed. If one activity is dependent on another, be sure to list that dependency in the “Predecessor” column.
  • Activity estimation. Assign an initial work effort to each of the activities from the WBS.
  • Provide an estimation framework for the WBS. This should be approximate. You’re allowed to make assumptions as long you’re being realistic.
  • The framework should be estimated in days.
  • Duration estimation. Now that you have defined the WBS activities, sequenced them in a logical order and defined the dependency relationships between them, and estimated resources, add the activity duration for all activities then add a start date to each task. The finish date should automatically populate. If you have a conflict, review your predecessor relationships. Remember, you do not need to add anything to the summary tasks (the deliverable/output). The summary tasks will update automatically as soon as you link the activities to them. They summarize the duration and start/finish date for that entire deliverable. The screen shot below should provide you with an example of how your work will look before submitting this assignment. Many more examples are available in the Project Management Homepage in the Learning Center. You can also join live our weekly Project Management Lab Chats or watch them in the archive right on the Project Management Homepage.
  • Assign resources. In the resource name column in your MS Project file, add a resource name to each task. You may use hypothetical names or your group’s names.
  • Once the work is finalized, submit your estimation framework to your group by adding the finished file to the Small Group area so that everyone has a chance to review the final product. Ideally, the group should select a group leader to manage the group’s communication and polish the final work. The group leader should be the one submitting the assignment.

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Schedule and Cost Control Techniques Your organization has just completed the Initiation Process for implementing an Email System Upgrade. It was identified in a recent meeting with management leaders from the Sales, Consulting and IT departments that the current email system is causing significant amount of business interruptions and must be updated immediately. You have been assigned the role of project manager to develop the project schedule and budget. As project manager, you are responsible for implementing and enforcing the project schedule and its estimates, expected costs, and the techniques and methods that will be chosen to execute and control the project. The project is being initiated with the following initial project scope in mind: • • • • • • There are five email systems currently being used across twelve departments and offices. These will be replaced and consolidated into one email system. New Email Standards and Protocols will be established and training provided to all departments. All 2000 current email users will be converted to the new system, and 500 new users that did not have email before will be added. Users will have both LAN and remote access to email. Help desk and support infrastructure will be set-up to accommodate the new system. Equipment will be salvaged. User PCs will be upgraded to accommodate the new email system.
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Anonymous
Just what I needed…Fantastic!

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