Project management: The ability to plan the budget, list the resources and identify the cost of available resources to complete the project is termed as project management. It monitors the activities or tasks related to a project. It includes the tasks like planning, organizing, motivating, monitoring and controlling. All these tasks are monitored and managed by project manager.

Question

You will create an Excel spreadsheet to determine the cost of a food recipe. The recipe must be approved by me. Find a recipe online and post the URL in the project forum. The total cost of the recipe should be reasonable. For example, an angel food cake would not cost $220! I will determine whether your proposal will suit the project requirements. Do not use recipes for cookies, cakes, pies or pizza since these tend to be more difficult to use in a project. Your spreadsheet program must be capable of taking input from current market prices (which would be a hard number) and capable of being increased or decreased for number of servings. Except for the inputs for the current market prices and quantity, all numbers must be calculations (not hard numbers). We will discuss this project in more detail in our chats and I will demonstrate how to do this sort of costing project for you. I have posted a sample project in the forum as well. Avoid recipes with many spices (such as…

Answer 1

Question

Chapter 1, Problem 5E

Program Plan Intro

Project management:

The ability to plan the budget, list the resources and identify the cost of available resources to complete the project is termed as project management.

It monitors the activities or tasks related to a project.

It includes the tasks like planning, organizing, motivating, monitoring and controlling.

All these tasks are monitored and managed by project manager.

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