Describe methods of estimating costs

Assignment Help Basic Computer Science
Reference no: EM131245918

1. Describe methods of estimating costs.

2. Identify the effects of project phase and complexity on the choice of estimating method.

3. Describe the method of combining cost estimates with a schedule to create a budget.

4. Estimates

Consider a project in which you have been involved that used an estimating technique to provide numbers for the conceptual plan.

Briefly describe the type of project and identify the estimating method used.

Reference no: EM131245918

Questions Cloud

What inventory level should lott place another order : Calculate the EOQ. -  What is the difference in inventory costs between the EOQ and the current order quantity of 10,000 units?
Implement the fdtd method in a matlab program : ECE 452 - Derive the stability condition for each of the above time discretization methods and Derive the FD equations for nodes on the left, right, top and bottom boundaries.
What role if any government should play : In explaining your position, be sure to include cited research that supports your consideration, recommendations for safeguards going forward, and what role, if any, government should play.
What is the fair price of given invesment : An investment pays $500 per year for the first 4 years, $400 per year for the next 3 years, and $700 per year the following 8 years. - If the discount rate if 10% compounding quarterly, what is the fair price of this invesment?
Describe methods of estimating costs : Consider a project in which you have been involved that used an estimating technique to provide numbers for the conceptual plan.
What would be the expected risk on mr jones portfolio : If standard deviation of Stock A is 12.65%, Stock B is 21.55%, and correlation between Stock A and Stock B is 0.5, what would be the expected risk on Mr. Jones' portfolio?
Evaluate npv of investment under the best-case assumptions : Evaluate the NPV of the investment under the best-case assumptions.  Explain how sensitivity and scenario analysis are useful for evaluating project risk? How can break-even analysis be helpful in evaluating project risk?
Describe how the value of the contractor''s efforts : Consider a project you are familiar with in which the contractor or service provider who was performing the work needed to be replaced before the job was completed. Describe how the value of the contractor's efforts up to that point was determined..
What are some of the pros and cons of medigap insurance : Why have health care costs risen? What could be done to slow, stop, or reverse the growth of health care expenditures? Discuss the various types of private insurance options. Explain the differences

Reviews

Write a Review

Basic Computer Science Questions & Answers

  Do you cut the blue wire or the red one

Describe which functions or positions in your company that you would never take. Explain why. If you have ever found yourself in a situation in which you were asked to execute a job function against your will, describe the experience.

  Importance of being close to market and inputs

Page #2, will be about the location of the Fast Food Industry overall, existence of geographical clusters, and importance of being close to market and inputs. Keep in mind, there may not even be a cluster, be very broad about the industry overall...

  Determining line cost for three points

Points T1, T2 ,and T3 are 25 miles apart, and points C1 , C2, and C3 also are 25 miles apart. If telephone lines cost $1 per mile, determine the line cost for three?

  Assume that each item contains only a search key

Assume that each item contains only a search key.

  Find the power provided by the -5 v voltage source

In order to zero the power mentioned earlier, what will the current of the 4 A current source be changed to?

  Java console and outputs the number of characters

Write a program that reads two words representing passwords from the Java console and outputs the number of characters in the smaller of the two. For example, if the two words are open and sesame, then the output should be 4, the length of the sho..

  What are the six components of information warfare?

What are the six components of information warfare?

  Requirement for sound information management

Information governance is a core requirement for sound information management. As an HIM professional, discuss the needs and the implications of information governance as it relates to being able to do your job.

  Perform the following hexadecimal computations

Perform the following hexadecimal computations (leave the result in hexadecimal).

  Discussion builds upon the role-play conducted

Discussion builds upon the role-play conducted in the Roles section of this lesson. In the role-play, you were the systems administrator for a for-profit educational institution. The institution's library provides Internet access, in particular..

  How many outcomes in the event that the first card is heart

How many outcomes are in the event that the first card is a heart?

  What are some safe ways to accomplish this

What are some considerations that need to be taken into account when running SQL statements against a production database?

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