Assignment 2 Resource and Time Budgets Three Perceptions of Project Cost

Jul 4th, 2015
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What are the differences in the ways project managers, accountants, and financial comptrollers perceive the expenses of a project? • How are indirect costs involved in the preparation of the budget for a project?

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Assignment 2 Resource and Time Budgets Three Perceptions of Project CostWhat are the differences in the ways project managers, accountants, and financial comptrollers perceive the expenses of a project?How are indirect costs involved in the preparation of the budget for a project?Using the typical profit and loss statement included in the Directed Reading, does it surprise you that a $1,000,000 project will generate only the Net profit shown on the bottom line of that statement? Why or why not?You are going to be the project manager for the construction of a large warehouse for a major international company.Of course, there are many elements involved in constructing such a large facility, but this assignment will consider only one, the laying of the facilitys foundation (which is obviously preceded by site preparation and followed by the actual construction of the building).In preparation for completing of this element of the projectlaying the facility foundationcomplete the following:Locate a source of data for the hourly wages that will need to be paid to those who will pour and finish the concrete foundation (the Bureau of Labor Statistics of the United States government is a good source for such information). Be sure to document the source of your hourly wage data for such concrete workers.Locate a source of data for the cost of a cubic yard ofreinforcedconcrete. Be sure to document the source of your reinforced concrete cost data

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