Draw the Network Diagram and AON- WBS (Activity, Duration, and Predecessor)

- Estimate the hourly rate for each resource- (Resource availability and hourly rate)

- Calculate the cost for each activity:

Hours x Resource's hourly rate = Cost of Activity

- Now add in Materials costs for the tasks if needed

- Finally, calculate the total cost for the work package

ES ID EF 0 A 10 SL Acitivity 0 Plan Schedule LS DU LF 0 10 10 10 B 30 10 C 55 5 Define Activities 0 Sequence Activities 15 20 35 10 45 55 30 D 55 55 E 90 5 Estimate Duration O Estimate Resource 35 25 60 55 35 9055 F 85 90 G 125 5 Develop Schedule 0 Monitor & control 60 30 90 90 35 125ID Acitivitv A Plan Schedule Management B Define Activities C Sequence Activities D Estimate Activities Duration E Estimate Activities Resource F Develop Schedule (3 Monitor and control Task Name Duration Work Cost Schedule Management Plan Days Hours $30/h Plan Schedule Management 10 80 2400 Define Activities 20 160 4800 Sequence Activities 45 360 10800 Estimate Activities Duration 25 200 6000 Estimate Activities Resource 35 280 8400 Develop Schedule 30 240 7200 Monitor and control 35 280 8400 Total 200 1600 48000