Determine the methods for estimating project costs

Assignment Help Operation Management
Reference no: EM131266220

Explain the factors that determine how a company selects a project.

Differentiate between top-down and bottom-up estimates including when each would be used.

Determine the methods for estimating project costs.

Explain the types of costs.

Format your 700- to 1,050-word paper consistent with APA guidelines.

Reference no: EM131266220

Questions Cloud

Explain contracted notation for stresses and strains : Complete the table below with the contracted notation symbols for the component of stress and strain shown in the table. Use engineering notation for strains.
Where does e-waste end up : Where does e-waste end up? Define the e-waste problem: what is happening and why is this a problem? What can manufacturers do to improve the situation with the various issues (health, hazardous materials, recycling, refuse, etc.)?
Create a checkbook program using c : Create a Checkbook program using C: Create a Check structure. Include: Check number (should be an integer). Date (use type char[ ])
Draw a representative volume element or an epoxy matrix : Draw a representative volume element (RVE) for an epoxy matrix filled with cylindrical steel rods arranged in a rectangular array. Compute the volume fraction Vf as a function of the fiber diameter df and the spacing between the centers of the fib..
Determine the methods for estimating project costs : Explain the factors that determine how a company selects a project. Differentiate between top-down and bottom-up estimates including when each would be used. Determine the methods for estimating project costs.
New minimum wage policy : How are young and or inexperienced workers hurt and helped by the new minimum wage policy?
Describe how two countries are similar in terms of hofstede : Given a scenario where two organizations, one located in each country, are to do business with each other, provide recommendations that would be beneficial in helping management address communications in terms of the different cultural perspective..
Find the maximum allowable value of p : The inverted T-beam supports three concentrated loads as shown in the figure. Find the maximum allowable value of P if the bending stresses are not to exceed 3.5 ksi in tension and 8 ksi in compression.
Would enhanced intercultural communication competence help : In a 250-300 word response, critically examine your personal level of intercultural communication competence. Is it important for you to achieve a certain level of intercultural communication competence? Would enhanced intercultural communication ..

Reviews

Write a Review

Operation Management Questions & Answers

  Reduce the possibility of such a conflict in a corporation

Describe agency conflict and the measures that can reduce the possibility of such a conflict in a corporation. Your response should be at least 250 words in length. You may use only your textbook as source material for your response. All source mater..

  Flowchart for either preparing a meal or grocery shopping

Develop a process flowchart for either preparing a meal or grocery shopping. Use at least 5 steps. You can draw by hand and send as a scanned pdf file, use word or excel, whichever is easier.

  Estimate the percentage of process output

Specifications for the computer upgrades in Problem 4 are 78 minutes and 81 minutes. Based on the data given in the problem, are the specifications being met? Estimate the percentage of process output that can be expected to fall within the specif..

  Employees to work together in the current geographic setting

Your current organization has 200 employees. The company has seven offices and approximately 20 employees that work from home. As is the case with many organizations today, the company cannot afford dedicated leased lines to connect all of its locati..

  Purposes and functions of administrative agencies

What are some purposes and functions of administrative agencies? How can agency decisions and regulations be weighed against other public policy concerns? Should there be more or less legislative and judicial review of administrative actions?

  Describe project and administrative teams

Prepare an 8-10-page report in Word. This report should include a project history of your recent Trillo Apparel Company District 4 Production Warehouse Move experience over the last five weeks.

  Some of them seem computer-phobic

One resistant group of employees is made up of top managers. Some of them seem computer-phobic. They have never used, and do not want to start using, personal computer (PCs) for any purpose, including communication. What step will you take to get the..

  I think i would make a good leader

‘I think I would make a good leader’. This question was answered ‘true’ by twice as many men as women, implying that men are twice as likely to become good leaders. What do you think of such an item and its implication?

  What is the impact on the firms ordering policy

Henry Crouch's law office has traditionally ordered ink refills 65 units at a time. The firm estimates that carrying cost is 35% of the $9 unit cost and that annual demand is about 245 units per year. For what value of ordering would its action be op..

  Why would an organization create such a policy or practice

List three human resources management (HRM) policies or practices that have ethical implications and require greater consideration. One example is employee monitoring (e.g., whether employees are wasting time surfing the Internet on company time).

  Change without altering that persons values

Are accurate perceptions always necessary to develop sound decisions? Is it appropriate to change the emotions of people in the organization? If so, what situations will be appropriate? And how can a person’s emotions be change without altering that ..

  Describe a key component of working as a manager

A key component of working as a manager is to conduct performance appraisals for the employees whom you are managing. You feel that the most effective way to carry out the performance appraisals is to create a written policy that details the way p..

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