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This assignment is designed to demonstrate your understanding of project scheduling, time and cost estimation.
Assignment:
Update your group's WBS created in Assignment 1 as the following:
1. Decompose the WBS to level 3 for all phases of your project with minimum 3 activities for each 2nd level task. 2. Include Milestones 3. Sequence Activities and Milestones 4. Estimate Durations and cost of each activity. Provide justification for your numbers in the analysis report. 5. Include activities associated with Management Processes (scope, time and cost) 6. Provide a plane to process any change request in your project. The plan should explain at least the following two points: 1 How to estimate the impact of the change on cost and time 2 How to get the approvals. 7. In your analysis report, provide analysis for the overall schedule and critical path.
Question: (a) Risk has always been an intrinsic part of project management. With increasing market competition, technology, and globalization, risk management is continuously
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