number 2

Task 1 info.

The project has the following Work breakdown Structure (WBS):

1.1 Project Management

Project manager

Project Team Members

Bobby(IT guy)

1.2Hardware

Laptops

Internet Access to Team Members

1.3 Software

1.3.1 Outsourced

1.3.1.1 Domain name and site shareing

1.3.1.2 Donation acceptance feature of website

1.3.1.3 Videocreation for website

1.3.2 In-house Development

1.3.2.1 Guidelines and templets for events

1.3.2.2 Acceptance of ideas for needed new products or services

1.3.2.3 Custome sige for 20 events

1.3.3 Testing(30% of total hardware and software cost)

1.4 Business plan

1.4.1 internal labor

1.4.2 Legal information /assistance

1.5 Travel

1.6 Events

1.6.1 Internal Labor

1.6.2 Consultant labor

1.6.3 Refreshments

1.6.3 Prizes

Cost model of a project:

Sub-total is the product of Column A and Column B.

WBS level 2 total is calculated in the following manner.

o Project management = Sub-total of( Project manager + Project Team Members+ Bobby(IT guy)).

o Hardware = Sub-total of(Laptops+ Internet Access to Team Members)

o Similarly, all others sub totals are calculated.

% of total is calculated in the following manner.

o For, project management =

o Similarly, for all other WBS items.

All values considered here are assumed values. These values can be changed based on the requirements.

WBS Items	#Units/ Hrs (A)	Cost/Unit/ hrs (B)	Sub Totals (A x B)	WBS level 2 total	% of total
1.1 Project Management				$52000	49%
Project manager	500	$20	$100,00
Project Team Members	1500	$20	$300,00
Bobby(IT guy)	400	$30	$120,00
1.2Hardware				$8500	8%
Laptops	3	$2500	$7500
Internet Access to Team Members	4	$250	$1000
1.3 Software				$9030	8.50%
1.3.1 Outsourced
1.3.1.1 Domain name and site shareing		$600	$600
1.3.1.2 Donation acceptance feature of website	3	$1000	$3000
1.3.1.3 Videocreation for website		$1120	$1120
1.3.2 In-house Development
1.3.2.1 Guidelines and templets for events		$750	$750
1.3.2.2 Acceptance of ideas for needed new products or services		$1560	$1560
1.3.2.3 Custome sige for 20 events	20	$100	$2000
13.3.3 Testing(30% of total hardware and software cost)				$5259	5%
1.4 Business plan				$23600	22%
1.4.1 internal labor	100	$200	$20000
1.4.2 Legal information /assistance		$3600	$3600
1.5 Travel	5	$750	$3750	$3750	3.50%
1.6 Events	4	$1000		$4000	3.80%
1.6.1 Internal Labor	10	$50	$500
1.6.2 Consultant labor	5	$100	$500
1.6.3 Refreshments	20	$100	$2000
1.6.3 Prizes	10	$100	$1000
Total Project cost estimate				$106,139

a. What is the cost variance, schedule variance, cost performance index (CPI), and b. How is the project doing? Is it ahead of schedule or behind schedule? Is it under Chapter 7 1.3 Software 13.1 Outsourced 1.3.1.1 Domain name and site hosting 1.3.1.2 Donation acceptance feature of website 1.3.1.3 Video creation for website 1.3.2 In-house Development 1.3.2.1 Guidelines and templates for events 13.2.2 Acceptance of ideas for needed new products or services 1.3.2.3 Custom site for 20 events 13.3 Testing 1.4 Business Plan 1.4.1 Internal labor 1.4.2 Legal information/assistance 1.5 Travel 1.6 Events 1.6.1 Internal labor 1.6.2 Consultant labor 1.6.3 Refreshments 1.6.4 Prizes 2. Using the cost model you created in Task 1, prepare a cost baseline by allocating the costs by WBS for each month of the project. 3. Assume that you have completed three months of the project. The BAC was $120,000 for this six-month project. You can also make the following assumptions: PV = $60,000 EV = $55,000 AC = $50,000 schedule performance index (SPI) for the project? budget or over budget? WBS level2 total x 100 Total Project cost estimate a. What is the cost variance, schedule variance, cost performance index (CPI), and b. How is the project doing? Is it ahead of schedule or behind schedule? Is it under Chapter 7 1.3 Software 13.1 Outsourced 1.3.1.1 Domain name and site hosting 1.3.1.2 Donation acceptance feature of website 1.3.1.3 Video creation for website 1.3.2 In-house Development 1.3.2.1 Guidelines and templates for events 13.2.2 Acceptance of ideas for needed new products or services 1.3.2.3 Custom site for 20 events 13.3 Testing 1.4 Business Plan 1.4.1 Internal labor 1.4.2 Legal information/assistance 1.5 Travel 1.6 Events 1.6.1 Internal labor 1.6.2 Consultant labor 1.6.3 Refreshments 1.6.4 Prizes 2. Using the cost model you created in Task 1, prepare a cost baseline by allocating the costs by WBS for each month of the project. 3. Assume that you have completed three months of the project. The BAC was $120,000 for this six-month project. You can also make the following assumptions: PV = $60,000 EV = $55,000 AC = $50,000 schedule performance index (SPI) for the project? budget or over budget? WBS level2 total x 100 Total Project cost estimate