Use an example of a project you are familiar with or are interested in. Identify the deliverables and organization units (people) responsible. How would you code your system? Give an example of the work packages in one of your cost accounts.
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Use an example of a project you are familiar with or are interested in. Identify the deliverables and organization units (people) responsible. How would you code your system? Give an example of the work packages in one of your cost accounts.
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- Please do not give solution in image formate thanku. Which of the following reports shows a quarterly breakdown of costs, comparing actual costs to the baseline, and showing changes once task actual finish dates and work completion percentages are entered into the project? Earned Value Report Cash Flow Report Task Cost Overview ReportHow can project managers ensure that the project deliverables meet the client's requirements in a time and cost-constrained project?Prepare and upload a 1-page cost model for this project using spreadsheet software. Use the following work breakdown structure (WBS), and document your assumptions in preparing the cost model. Assume a labor rate of $100 per hour for the project manager and $60 per hour for other project team members. Assume that none of the work is outsourced, labor costs for users are not included, and there are no additional hardware costs. The total estimate should be $200,000. Project management Requirements definition Website design Registration for recreational programs Registration for classes and programs Tracking system Incentive system Website development Registration for recreational programs Registration for classes and programs Tracking system Incentive system Testing Training, rollout, and support Using the cost model you created in the first task, prepare a cost baseline by allocating the costs by WBS for each month of the project. Assume that you have completed 3 months of the…
- Case Project 3 Case Project: Think of all the tasks that you perform when you purchase a car. Include any research, decisions, or financial issues that relate to the purchase. Create a WBS that shows all the tasks, their estimated duration, and any predecessor tasks.What are options models and when should they be used to evaluate projects? Provide an example.Explain the things you would include in a monthly project report progress report
- The Measurable Organizational Value (MOV) is the goal of the project and is used to define the value that your project will bring to your client. To provide real value to an organization, a project must align with and support the organization's vision, mission, and strategy. Explain the importance of a project’s MOV supporting an organization’s mission and strategies. What are the downside impacts of a project that does not align with those elements?When developing a Work Breakdown Structure (WBS) for a project, your team can organize the second level elements by project phase, design components or workfunctions. Describe how these approaches differ. What advantages are associated witheach?You are assigned your first project and if things go well you should get promoted. The CEO is aware of this project, so you have a chance for high visibility. You want to do a good job! Your first task is to define the work break down structure by interviewing project activity managers and the firm's friendly, yet boring, accountants to get "good estimates" of project activity times and costs. For one of the activities, the normal time is eight weeks, crash time is four weeks, the normal cost is $7,420, and the crash cost is $17,000. What is the crash cost per week? Round your answer to the nearest dollar. per week
- please help, project management. I need part D,Eand 2 1) Given the following information for a one-year project, answer the following questions. Recall that PV is the planned value, EV is the earned value, AC is the actual cost, and BAC is the budget at completion. PV=$22,000 EV=$20,000 AC=$25,000 BAC=$120,000 a) What is the cost variance, schedule variance, cost performance index (CPI), and schedule performance index (SPI) for the project? Show your calculations. b) How is the project doing? Is it ahead of schedule or behind schedule? Is it under budget or over budget? Explain. c) Use the CPI to calculate the estimate at completion (EAC) for this project. Is the project performing better or worse than planned? Explain. d) Use the SPI to estimate how long it will take to finish this project. e) Sketch the earned value chart for this project. 2) Write a one-page summary explaining how is project cost management different when using an Agile approach? Make sure to document any cited…Explain how earned value management (EVM) can be used to keep costs down and measure how well a project is doing, and guess why it isn't used more often. How can you tell if a cost variance, schedule variance, cost performance index, or schedule performance index number is good or bad?A quantifiable practice adds value to company, but not the client. It helps avoid project failure and no one else is doing it. Is this a best practice candidate?