Recommend an appropriate estimation method

Assignment Help Business Management
Reference no: EM131437691

1. You are the project manager for three projects. You are about to estimate costs for these three projects. Given the below information on each project, recommend an appropriate estimation method and justify your answer for each.

2. The work of this project has not likely been done before by anyone. You are breaking technological barriers in this project. As such, it is imperative you get accurate cost estimates.

3. This project will be a scale-up of a project done last year. All the same processes will be used. The costs for the material and other resources should be scalable based on last year's costs.

4. This project is new to your company. You do not feel confident in estimating the project costs using internal resources. There are other companies that have done this type of work. Yet you still want the most accurate estimates possible.

Reference no: EM131437691

Questions Cloud

Problem regarding the leaders and leadership : Most of what is written about leadership has been written by western scholars and practitioners-mostly from the United States. Thus, what we have studied in this module so far reflects western assumptions and values about how to improve leadership..
About selecting the appropriate intervention to implement : This week, we have discussed several OD interventions, but those aren’t the only ones available. For instance, Manning and Binzagr (1996) proposes participative design, open space and at least four others. As an HR OD practitioner, how would you go a..
Primary purpose do companies analyze social media data : For what primary purpose do companies analyze social media data? State the pros and cons of the transportation networks below, and which of them best fits the strategic strategy of Seven Eleven ?
How the company introduced the new product to customers : TEC 401: The impact of technology on customers in regard to the following:How the company introduced the new product to customers,Ways that added value from the new technology was proven,Outline support plan for customers who may have questions.
Recommend an appropriate estimation method : 1. You are the project manager for three projects. You are about to estimate costs for these three projects. Given the below information on each project, recommend an appropriate estimation method and justify your answer for each.
Using judicious automation-rationalization of procedures : Provide a plan that addresses planned organizational change using judicious automation, rationalization of procedures, business process redesign, and constructive paradigm shifts that improve the way business is managed.
Do you think all forms of abortion are morally defensible : Do you think all forms of abortion are morally defensible? Why or why not? Should abortion for any reason remain legal, or should it be restricted to certain circumstances, and for what reasons?
Discuss skills necessary in organizing and planning strategy : SPE 359: Interview a teacher of students with LD. Discuss skills necessary in organizing and planning strategies for effective classroom management, including: grouping scheduling lesson plans homework strategies record keeping selecting instructi..
Forced ranking and technology : Prepare a ten to fifteen (10-15) slide PowerPoint presentation in which you: Develop a forced ranking performance evaluation system to improve the overall performance of the selected organization. Prioritize the pros and cons with the greatest impact..

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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