Evaluate cost estimation, Project Management

Assignment Help:

Prepare a 1-page Cost Estimate in MS Excel for the project similar to the example provided below. Use the WBS items provided below, and be sure to document assumptions you make in preparing the cost estimate. Assume a labour rate of $100/hour for the project manager and $60/hour for other project team members. Assume twice those numbers for outsourced labour.

WBS items to use for Question

Project Management (internal) 
- Project manager

- Internal Team members

Requirements Definition

- Internal team

- Outsourced labour

Off-the-Shelf System Installation

- Internal team

- Outsourced labour

- Hardware

- Purchased software

System Customization

- Internal team 

- Outsourced labour

Testing

- Internal team

- Outsourced labour

Training, Roll Out, and Support

- Internal team

- Outsourced labour


Related Discussions:- Evaluate cost estimation

Drawbacks of poor planning and designs, Question 1: Explain why hotel m...

Question 1: Explain why hotel managers today are expected to be well-versed in Facilities Planning and Design Management. What according to you could be the drawbacks of poor

Discuss the importance of proper design for a hospitality, Question 1: ...

Question 1: Discuss the importance of proper design for a hospitality unit of your choice. Support your answer with relevant examples from the appropriate industry. Q

What are the purposes of budgets in risk management, What are the purposes ...

What are the purposes of budgets in risk management? The purpose of budgets: P   Planning R  Resource employment or responsibility accounting I   Integration and/o

Task, in what ways consumer changing tastes affecting textile industry?

in what ways consumer changing tastes affecting textile industry?

What is buffering in risk management, What is Buffering in risk management?...

What is Buffering in risk management? Buffering: Buffering or slack is the allowance of additional cost, resources or time for example ‘just in case’ specific events or r

Back to school crunch at global green books publishi, what risks can you id...

what risks can you identify? why are they risk to global green books publishing?

Differential costing, application of differential costing in project

application of differential costing in project

Effect of the organisational values in individual behavior, The individual ...

The individual is a central feature of organisational behavior and a necessary part of any behavioral situation. According to the study findings, that organisational value has help

Explain the sources of power of a project manager, Question 1: (a) Powe...

Question 1: (a) Power is one of the most important human variables in the project management process as it sets the framework for directing and influencing human resources. Exp

Write Your Message!

Captcha
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