Reference no: EM13881099

Case Study:

This activity will test whether you are able to apply the strategies and tools that you learned in the class to real-life scenarios and to also present your solutions/recommendations in a logical, concise, and easy to understand format.

This is an opportunity to display your ability to apply the concepts that you learned in the class to a real world scenario. Remember, the content of your recommendation is as important as its presentation.

Imagine that your recommendations will be read by executive management, as well as by other project stakeholders.

Read the following:

• Gido, J., & Clements, J. P. (2012). Successful project management. Mason, OH: South-Western Cengage Learning.
o Chapter 7: Determining Costs, Budget, and Earned Value

o Chapter 8: Managing Risk

View the following:

• PowerPoint presentations:
o Chapter 7: Determining Costs, Budget, and Earned Value

o Chapter 8: Managing Risk

In an essay of 500-600 words, prepare a well-organized examination of the case study based on Chapter 7 from the textbook on the topic-The Wedding Part 4 of 5.

In the study, you have to:

1. Estimate the cost for each activity, using the schedule from table.

Schedule for web based reporting system project

Web-based Reporting System Project

 

Activity		Respon.	Estim.Dur.	Earliest		Latest		Total Slack
				Start	Finish	Start	Finish
1	Gather Data	Beth	3	0	0	-8	-5	-8
2	Study Feasibility	Jack	4	0	4	-9	-5	-9
3	Prepare Problem Definition Report	Rose	1	4	5	-5	-4	-9
4	Interview users	Jim	5	5	10	-4	1	-9
5	Study Existing System	Steve	8	5	13	-2	6	-7
6	Define User Requirements	Jeff	5	10	15	1	6	-9
7	Prepare System Analysis Report	Jim	1	15	16	6	7	-9
8	Input & Output	Tyler	8	16	24	9	17	-7
9	Processing & Database	Joe	10	16	26	7	17	-9
10	Evaluation	Cathy	2	26	28	17	19	-9
11	Prepare System Design Report	Sharon	2	28	30	19	21	-9
12	Software Development	Hannah	15	30	45	21	36	-4
13	Hardware Development	Joe	10	30	40	26	36	-4
14	Network Development	Gem	6	30	36	30	36	0
15	Prepare System Development	Jack	2	45	47	36	38	-9
16	Software Testing	Maggie	6	47	53	38	44	-9
17	Hardware Testing	Gene	4	47	51	40	44	-7
18	Network Testing	Greg	4	47	51	40	44	-7
19	Prepare Testing Report	Rose	1	53	54	44	45	-9
20	Training	jim	4	54	58	45	49	-9
21	System Conversion	Beth	2	54	56	47	49	-7
22	Prepare implementation report	Jack	1	58	59	49	50	-9

2. Determine the total budgeted cost for the project.

3. Prepare a budgeted cost by period table and a cumulative budgeted cost (CBC) curve similar to Figure for the project.

Budgeted Cost by Period for the Packaging Machine Project

		Week
	TBC	1	2	3	4	5	6	7	8	9	10	11	12
Design	24	4	4	8	8
Build	60					8	8	12	12	10	10
Install & Test	16											8	8
Total	100	4	4	8	8	8	8	12	12	10	10	8	8
Cumulative		4	8	16	24	32	40	52	64	74	84	92	100

Amounts are in thousands of dollars.

Draw your sources from the Case Study Instructions and relevant peer-reviewed professional literature. Use the American Psychological Association (APA) style (6th edition) for writing your assignment.