Consider building a resource planning data warehouse

Assignment Help Business Management
Reference no: EM13697698

Consider building a Resource Planning Data Warehouse. This database could be an output of the Resource Planning Process, and the Staff Acquisition Process can and provide input for your cost estimating. Your Resource Planning Data Warehouse starts by referencing the WBS number. It can also include a resource schedule that identifies the planned start and finish date for the use of the resource. This database can be used for deliverables and assignments. Simply click on either one of the boxes to identify whether it is a deliverable or assignment then fill in the name and owner. The fields within each record could contain:

  • Units
  • Durations
  • Standard rate costing
  • Overtime rates
  • Cost per use for equipment
  • Total cost


Define these terms:
Important Terms

  • Analogous Estimation
  • Bottom-up estimation
  • Budget Estimate
  • Compound Interest
  • Definitive Estimate
  • Equipment
  • Extrapolation
  • Future Value
  • Internal Rate of Return
  • Kick-Off Meeting
  • Material
  • Net Present Value
  • Order of Magnitude Estimate
  • Parametric estimation
  • Resource
  • Resource Allocation Matrix
  • Resource Pool
  • Simple Interest
  • Trade-Offs

w6


Important Terms

  • Actual Cost (AC)
  • Baseline
  • Budgeted At Completion (BAC)
  • Earned Value (EV)
  • Planned Value (PV)
  • Contingency Reserve
  • Cost Budgeting
  • Cost Variance (CV)
  • Cost Variance Percent (CV%)
  • Cost/Schedule Performance Index
  • Direct labor costs
  • Earned value (EV)
  • Estimated At Completion (EAC)
  • Indirect costs (overhead costs)
  • Inventory or material costs
  • Life Cycle Costing
  • Management Reserve
  • Opportunity cost
  • Point of total assumption costs
  • Schedule Variance (SV)
  • Schedule Variance Percent (SV%)
  • Sunk costs
  • Variable costs

•Variance at Completion (VAC)

 

Reference no: EM13697698

Questions Cloud

Employee motivation and productivity : Find 5 peer-reviewed articles about employee motivation and productivity and, discuss scholarly views on the nature and types of theory. Be sure to distinguish theory from related concepts, such as hypothesis, paradigm, model, and concept.
Obtain the speed and direction of the other piece : A 470-g firework is traveling straight up at 13 m/s when it explodes into two pieces. Find the speed and direction of the other piece directly after the explosion
Firm needs to raise additional funds by selling : As the chief financial officer (CFO), you identify that your firm needs to raise additional funds by selling new shares of stock. Which of the following refers to a specialist that assists corporations in the issue and sale of new securities?
What is the electric field from the center of the sphere : A thin spherical shell of radius 20.0 cm has 5.0 µC of charge uniformly distributed over its surface. What is the electric field 10.0 cm from the center of the sphere
Consider building a resource planning data warehouse : Consider building a Resource Planning Data Warehouse. This database could be an output of the Resource Planning Process, and the Staff Acquisition Process can and provide input for your cost estimating. Your Resource Planning Data Warehouse sta..
Find the time and height of its fall : An object falls a distance h from rest. If it travels 0.5833 h in the last 1.00 s. Find the time and height of its fall
Evaluate the change in the potential energy : An object with a charge of +36 µC is placed at the origin. Another object with a charge of +47 µC is placed a distance of +49 cm from the first object along the x axis. what is the change in the potential energy
Estimate the cost of a project : 1.Using a spreadsheet, prepare a roll-up estimate of your project costs. To prepare your estimate, follow these guidelines: ?Use a completely decomposed WBS as your basis.
What is the concentration of hemoglobin in molar : You suspect you are anemic and your physician orders some tests. He finds that your hemoglobin is 13%g. What is the concentration of hemoglobin in molar in your blood

Reviews

Write a Review

 

Business Management Questions & Answers

  Depreciation expense and gain on the sale of plant assets

Depreciation expense, gain on the sale of plant assets, and increase in current liability account, Gain on the sale of plant asset, increate in current asset account, and decrease in current liability account

  The retread tire company and the evergreen fertilizer

the retread tire company and the evergreen fertilizer company1. the retread tire company recaps tires. the fixed annual

  Information system and business decision making

Explain how would an information system, including timely and accurate accounting information, improve the business decision-making processes at your organization?

  Explain how often communications will occur

Describe who also explain how often communications will occur for quality assurance activities. Identify final closure process on resolved quality assurance issues.

  Ideas for a suitable training programme

Develop some ideas about possible training needs which you could design a training programme for and deliver that in class to all your fellow students

  Discrimination - disparate treatment vs disparate impact1

discrimination - disparate treatment vs. disparate impact1. what is the difference between discrimination based upon

  Show workers compensation law

Summarize the worker's compensation laws in the state of Illinois - Worker's Compensation Law

  What is the u.s. global leadership

What is the U.S. Global Leadership?

  Poverty in america on pages

Poverty in America on pages

  Managing local and core data

Why do you categorize the examples you chose into these categories and does the organization manage data in these three categories?

  Analyze the topic into key concepts

Analyze the topic into key concepts and list three keywords here.

  Explain about qtip trust

Would this renunciation or disclaimer result in the assets passing to the children from Mr. Jolsen's estate and what would the impact of the disclaimer on the martial deduction allowable to his estate?

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