Assign a basis of cost planning to all identified activities

Assignment Help Project Management
Reference no: EM131293192 , Length: word count:200

You are the project manager in charge of building a house in Ashburn, Virginia. The house is a five-bedroom home estimated to cost $1.2 million dollars and has to be completed in 24 months.

Identify at least 20 activities required to complete this house, and assign a basis of cost planning to all identified activities. Please note that 2% of the estimated cost ($1.2 million) must be set aside as contingency.

Think of labor, material, and machinery activities as part of your considerations. The total cost plus contingency must not exceed the estimated cost and must not be less than $1 million.

Refer to the budget examples in Chapter 4 "Budgeting the Project" on pages 112-151 of your Project Management in Practice textbook as your guide for creating your budget.

You can create your budget in a Word document table or in an Excel document for submission to your instructor.

Reference no: EM131293192

Questions Cloud

What is the expected value of asset : (a) If the family own no other assets than this house, what is the expected value of their asset? (b) If the family had $25,000 sitting in a FDIC insured savings account, what would the expected value of their assets be?
What kind of mate will they select for you : Two pages-MLA your parents will arrange a marriage for you. what kind of mate will they select for you? Will your chances of having a successful marriage be better or worse, than if you selected your own mate?
Perfected security interest : Greg borrows from ABC Corp. and Quicksilver using the same collateral for both loans. Only Quicksilver has a perfected security interest. Greg defaults on both loans. The party with first rights to the collateral is?
Effectiveness in detecting or preventing financial fraud : From the first e-Activity, determine at least two (2) AICPA Professional Conduct principles that are most likely to be violated. rom the second e-Activity, recommend at least two (2) additional responsibilities that the audit committee should take in..
Assign a basis of cost planning to all identified activities : Identify at least 20 activities required to complete this house, and assign a basis of cost planning to all identified activities. Please note that 2% of the estimated cost ($1.2 million) must be set aside as contingency.
What is cybersecurity and is it necessary : What is Cybersecurity and is it necessary.Explain breifly
Put a minus sign in front of answer : In figure 1, what is the maximum profit (or minimum loss) this monopolist can earn? If a loss is earned, then put a minus sign in front of your answer (ex: if you calculate a loss of $1,050.00, then enter -1050 as your answer. Do not include thous..
Concept of commercial substance affect the accounting : Prepare the journal entry to record the exchange on the books of Durler Company. Assume that the exchange has commercial substance. Completed. How does the concept of commercial substance affect the accounting and analysis of this exchange?
Discuss srs by perform modeling to assist with analysis : This assignment specifically addresses the following course outcomes to enable you to:apply a systematic approach to translate requirements into an executable systems design,effectively communicate with stakeholders to determine, manage, and document..

Reviews

Write a Review

Project Management Questions & Answers

  Explain how increasing scrutiny and demand

Explain how increasing scrutiny and demand for accountability by the public has influenced reporting for not-for-profit and governmental entities

  What are the legal analogies roberts makes

Chief Justice Roberts's opinion relies on drawing several legal analogies to compare and contrast United Haulers with other cases. What are the legal analogies Roberts makes? Are the legal analogies appropriate?

  Property management department

How important is it to have strong processes and procedures in your Property Management department? Why and what are some processes relating to reception and tenants needs and briefly describe them?

  Did court find the treasury departments interpretation

Utilizing the Chevron framework, how did the Court respond to the first question of whether Congress has "directly addressed the precise question at issue"?

  Project management information systems assessmentwhat is

project management information systems assessmentwhat is the value of providing access to documents via the internet or

  Develop 48 acres land into mixed-use buildings

Your clients have secured the financing to develop 48 acres land into mixed-use buildings. They have asked you to draft a high-level project plan to begin the more detailed discussions. Forty percent of the site is an undeveloped field, and the proje..

  How many days will the count be a minimum

If t days after a treatment the bacteria count per cubic centimeter in a body of water is given by C(t) = 20t2 - 120t + 800.- then in how many days will the count be a minimum?

  Oultine of risk management plan

Complete risk management planning by providing an oultine of risk management plan and providing a brief description of the project.

  Effective project reports

Search the Web for project reports. Print out and describe at least one Web site that discusses methods for writing effective project reports

  How business would benefit from add company-sponsored blog

Discuss how the business would benefit from adding a company-sponsored blog to their website. Analysis of their website. What was favorable about their website? What are some of their website attributes that customers may find unappealing?

  Procurements form of formal or informal risk review

All of these are considered projects or procurements that required some form of formal or informal risk review.

  Identify some of the problems faced by a company

Using sources from the Internet, identify some of the problems faced by a company of your choosing as it moves toward, or operates as, a virtual organization.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd