Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Part 2: Sample Budget (10 marks) Prepare a Sample Budget for the work items and activities from your WBS. Refer to the sample budgets and/or

image text in transcribed
Part 2: Sample Budget (10 marks) Prepare a Sample Budget for the work items and activities from your WBS. Refer to the sample budgets and/or MS Project Gantt Chart from the slides from Chapter 7 as examples. For the Sample Budget: List all Work Items and related activities as an Indentured list. For activities, include the duration for the activity in a separate column. Where applicable, in different columns specify the estimates for the different types of costs for each activity. Provide a column for total costs as the sum of the different costs for each activity. Include sub-totals for all work items at all levels, including Project totals. Amounts for work items should match the amounts specified in your WBS from Part 1 Below is a sample table for the Budget (which you can use a s a template): WBS # Work Activity Activity Name Resource Duratio Labour Labour Cost type 2 Cost type 3 Total Cost Item rate cost etc (#work (cost per days) work day) 1 Software Ron $4,600 $600 $300 $5,500 Project 1.1 Planning Ron $1,200 $100 $300 $1,600 1.1.1 Project Ron $1,200 $100 $300 $1,600 Charter Write Project Andrea 20 $400 5800 $100 $900 Charter Approve Andrea 1d $400 $400 $300 $700 Project Charter 12 Requirem Tim $3,400 $500 $3,900 ents Analysis Perform Tim 10d $200 $2,000 $2,000 Requirements Elicitation Document Tim 6d $200 $1,200 $500 $1,700 Requirements Review Ron 0.50 5400 $200 $200 Requirements The Indentured List must be generated as a table in your MS Word document, or a spreadsheet imbedded within your MS Word document, of adsheet me. Page 3

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Strategic Management

Authors: Richard Lynch

5th Edition

0273716387, 978-0273716389

More Books

Students also viewed these General Management questions

Question

Discuss the techniques of sales forecasting.

Answered: 1 week ago

Question

Write short notes on Marketing mix.

Answered: 1 week ago

Question

Analyse the process of new product of development.

Answered: 1 week ago

Question

LO12.3 Explain how demand is seen by a pure monopoly.

Answered: 1 week ago