Question
City of Sydney, projects within the Changing urban precincts program: https://www.cityofsydney.nsw.gov.au/building-new-infrastructure Kerzner, H 2017, Project management case studies,4th edn, John Wiley & Sons, Hoboken, New
City of Sydney, projects within the Changing urban precincts program: https://www.cityofsydney.nsw.gov.au/building-new-infrastructure Kerzner, H 2017, Project management case studies,4th edn, John Wiley & Sons, Hoboken, New Jersey.
on the above case study(city of sydney) we need all the below answers
Cost Management Plan
Identify processes, tools, and techniques to be used and documents to be developed as per your Project's requirements.
Define roles and responsibilities in cost management.
Mention estimating method (s): topdown, bottom-up Estimating techniques (analogous, parametric, three-point method)
List Cost elements (labour, material, variable cost) Types of cost (direct, indirect, fixed, variable) and define activity and work package wise cost estimates.
Include contingency reserves in the estimates
Represent estimates in a timephased manner to represent it as the cost baseline. Describe how monitoring and controlling of the Costs shall be done (EVA relevant to project cost including forecasting and variances)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Creating a comprehensive Cost Management Plan for a project like the Changing Urban Precincts Program in the City of Sydney entails several interconnected components Below is a detailed breakdown addr...Get Instant Access to Expert-Tailored Solutions
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Step: 2
Step: 3
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