Developing new mobile app based on similar past projects

Assignment Help Business Management

Reference no: EM133838214

Question

For example, the top-down approach estimates the budget and timeline for developing a new mobile app based on similar past projects. Suppose a company previously created a similar app in six months at $500,000. Using this high-level data, the project manager estimates that the new app will take about six months and require a similar budget, adjusting slightly for inflation or additional complexity. This approach provides a quick, approximate estimate without diving into detailed task-level planning, making it useful during early project proposal or feasibility phases. However, further refinement is typically needed as the project progresses.

Reference no: EM133838214

Questions Cloud

Discuss the role of leadership : Discuss the role of leadership and analyze a range of approaches used to engage and manage people to achieve organizational

Bottom-up approach is great for a childcare center : The Bottom-up Approach is great for a childcare center because it gets into the details and allows you to verify nothing important is forgotten,

How the responding organization will accomplish best results : Write a CONOPS section (500 to 750 words) that describes how the responding organization will accomplish the best results in an emergency.

Describe two relevant social policies that have an impact : SWK 520- Construct a statement of the problem. Describe two relevant social policies that have an impact on individuals or families.

Developing new mobile app based on similar past projects : For example, the top-down approach estimates the budget and timeline for developing a new mobile app based on similar past projects.

More support and verbally requested : Describe one occasion where, while performing a daily task, you recognised that you needed more support and verbally requested it from your supervisor.

Critical path for project schedule network : Use the information in the table to construct the critical path for a project schedule network using forward and backward passes:

Group life assumption-setting process to management : Your supervisor, Allison, needs to present a summary of the group life assumption-setting process to management,

Aanalyse range of approaches used to engage : Aanalyse a range of approaches used to engage and manage people to achieve organisational outcomes during changing organisational contexts.

User Account

All Pages