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1. Develop an operating budget for a Revenue producing department indicating Revenue and Expenses utilizing methods taught. Budget must include 2 different revenue streams and corresponding expenses for each.
2. Assignment will involve research on volume predictions and expense costs. These can be obtained from a variety of sources including interview with finance/budget staff person in your institution.
3. Paper shall include budget, summary, methods used, assumptions and references.
4. Guidelines and Criteria for the preparation of the Written Report are explained under the Week 7 Audio Presentation.
5. Grade will be determined based on: a) Accuracy of budget methods and calculations and b) Thoroughness in predicting revenue/volume and matching expenses to the revenue.
prepare a project reportareport structure1.acknowledgements - it is the norm to thank those individuals who have
Project Management and WBS - why are accurate estimates critical to effective project management
The interview will focus on the process of closing the project, how project success was measured, risk factors that affected the project, and lessons learnedfrom the project.
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how it has been solved in the past. Answers (1) problem being solved, (2) why the solution is needed (3) who will use it, (4) discussed existing design solutions for your problem
Determine your best course of action for bringing this project in on schedule and update your project plan to reflect your recommendation. Develop a 5-6 slide presentation for senior management outlining your proposed solution.
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1. How are cost reports used by an estimator? 2. What is the "contractor's risk," and how does it relate to the type of construction contract to be used on a project?
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The average range is 6 cc. - If you use a sample size of 10, what are the upper and lower control limits for the mean and range?
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