Below is a project WBS with cost apportioned by percents. If the total project cost is estimated
Question:
a. Design?
b. Programming?
c. In-house testing?
What weaknesses are inherent in this estimatingapproach?
Transcribed Image Text:
Router systems project Cost: $600,000 Definition Design implementation 50% 10% 40% Objectives 4% Requirements In-house testing 40% Customer testing & review 6% 10% Inputs 3% Outputs 3% Files 4% erfaces Programming 10% 20%
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 71% (14 reviews)
a 240000 b 120000 c 240000 What weaknesses are inheren...View the full answer
Answered By
Mugdha Sisodiya
My self Mugdha Sisodiya from Chhattisgarh India. I have completed my Bachelors degree in 2015 and My Master in Commerce degree in 2016. I am having expertise in Management, Cost and Finance Accounts. Further I have completed my Chartered Accountant and working as a Professional.
Since 2012 I am providing home tutions.
3.30+
2+ Reviews
10+ Question Solved
Related Book For
Project management the managerial process
ISBN: 978-0073403342
5th edition
Authors: Eric W Larson, Clifford F. Gray
Question Posted:
Students also viewed these Management Leadership questions
-
If the demand for a good is unit elastic and the owner of the store mistakenly decrease the price of the good instead of raising it: Group of answer choices then total revenue increases then total...
-
1. What are the variable costs for the decision to send one more person aboard a charter flight that is already 80 percent booked? 2. In making an entry/exit decision, if competitive pressure is...
-
A smart home is connected to micro grid as well as utility grid. The micro grid consists of solar and wind energy. Solar power plant meet 60% of energy demand of smart home while rest is from wind...
-
John and Adam exchange offices in a transaction that qualifies as a like-kind exchange. As part of the transaction, Adam gives John a truck. In addition, Adam agrees to assume a $20,000 liability...
-
Use Maclaurin's Formula, rather than 1'Hpital's Rule to find? a. b. limsin x-16 cos x x'/2 x/24 lim
-
Six independent situations are presented below. A. It takes 45 minutes and 6 pounds of material to produce a product using a functional manufacturing process. A process reengineering study provided a...
-
(EPS: Simple Capital Structure) At January 1, 2008, Langley Companys outstanding shares included the following. Net income for 2008 was $2,530,000. No cash dividends were declared or paid during...
-
Blanchard Inc. would like to borrow $12 million for 20 years through a bond issue but has been having difficulty finding lenders willing to advance that much. The firms investment banker has advised...
-
Below is the balance sheet of XYZ bank. ASSETS Amount ($M) Duration (Years) LIABILITIES Amount ($M) Duration (Years) Reserves 10 0 Checkable Deposits 10 2 Securities Money Market Deposits 5 0.1 <1...
-
Rice Corporation is negotiating a loan for expansion purposes and the bank requires financial statements. Before closing the accounting records for the year ended December 31, 2018, Rice's controller...
-
Mrs. Tolstoy and her husband, Serge, are planning their dream house. The lot for the house sits high on a hill with a beautiful view of the Appalachian Mountains. The plans show the size of the house...
-
Firewall Project XT. Using the complexity weighting scheme shown in Exercise and the function point complexity weighted table shown below, estimate the total function point count. Assume historical...
-
Simon Machine Tools Company is considering the purchase of a new set of machine tools to process special orders over the next three years. The following financial information is available: Without...
-
1) Based on your research how do you view the financial health of Coca-Cola in absolute terms, over time, and as compared to sector/ industry peers/ S&P 500? 2) "Do your" views agree or disagree with...
-
How do you feel you performed during the field experience? Does this align with the supervisor s evaluation of your progress? Why or why not?
-
What if you decided to do a career revamp (or launch) project? I want you to assume that getting a degree is not the complete answer. Discuss briefly what that might entail and then address how...
-
What practical purpose do ATTRIBUTE HIERARCHIES serve? and What can be a practical example of using the power of attribute hierarchies in a query?
-
What are the couples fixed costs? in till debt do us part season 6 ep 1 https://tubitv.com/tv-shows/463869/s06-e01-tuned-out
-
Suppose that you have a talented scientist temporarily working for you on a client contract who is due to be transferred back to her regular job. Although you could do without her efforts at this...
-
r = 0.18 Find the coefficients of determination and non-determination and explain the meaning of each.
-
On 1 June 2021, Stephen was provided by his employer with an interest-free loan of 20,000. He repays 5,000 of this loan on 1 January 2022 and repays another 3,000 on 1 March 2022. Compute the taxable...
-
The Munsters have been saving money in order to buy a house. They figure that, given current interest rates, they could afford a $400,000 home. Before looking at houses on the market they decide to...
-
Brandon was having an ale with his girlfriend, Sierra, when the subject of the Omega Theta Pi 5K-run project came up. Brandon has been chosen to chair the 5K-charity run for his fraternity. At the...
-
What kinds of estimates are best suited for this method?
-
Revenue Recognition and Sales Allowances accounting purposes ) . The goods are shipped from the warehouse on March 6 , and FedEx confirms delivery on March 7 . Ignore shipping costs, sales tax, and...
-
Ellis Perry is an electronics components manufacturer. Information about the company's two products follows: \ table [ [ , , , ] , [ Units produced,AM - 2 , FM - 9 , ] , [ Direct labor hours required...
-
Which of the following requirements to claim Earned Income Tax Credit is TRUE? The credit can be claimed under any filing status. The taxpayer must have a valid SSN for employment in the U.S., issued...
Study smarter with the SolutionInn App