Projects are unique, one-time operations designed to accomplish a set of objectives in a limited time frame (Stevenson, 2021).
Projects are unique, one-time operations designed to accomplish a set of objectives in a limited time frame (Stevenson, 2021).
Projects are unique, one-time operations designed to accomplish a set of objectives in a limited time frame (Stevenson, 2021).
Think about a project you did recently or a project you will soon work on and detail the following:
- Offer a brief explanation of the type of project.
- Create a Work Breakdown Structure (WBS) of the project and explain how it will help you with your project.
- Present both probabilistic (t0, tp, and tm) and deterministic time estimates and discuss how you arrived at these time estimates.
- For each activity, determine hypothetical costs in a table. Include budgeted costs, percent complete, actual/projected cost, and over/under budget (and total). Discuss the rationale for how you derived these costs.
- Finally, tell us how the project management tools helped you gain a better vision of the project.
Directions:
- Your assignment is required to be five to six pages in length, which does not include the title page and reference pages, which are never a part of the content minimum requirements.
- Support your submission with course material concepts, principles, and theories from the textbook and at least three scholarly, peer-reviewed journal articles.The arrangement will be as
- •Section 1- Project Type and Description –Offer a brief explanation of the type of project.
- •Section 2- Work Breakdown Structure & Value –Work Breakdown Structure –Time Estimates
- Probabilistic Estimate
- Deterministic Estimate
–Explain how it will help you with your project.
•Section 3- Costs of Activities
–For each activity, determine hypothetical costs in a table. Include budgeted costs, percent complete, actual/projected cost, and over/under budget (and total). Discuss the rationale for how you derived these costs.
•Section 4- Value of Project Management Tools
–Finally, tell us how the project management tools helped you gain a better vision of the project.
•Section 5- References
–Stevenson
–3 additional scholarly references
Requirements: 6-pages | .doc file
Masters Management
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