Question
Please use the project schedule below to put together an Estimate. Project budget baselines, typically include cost estimates that cover the following: Work package estimates
Please use the project schedule below to put together an Estimate.
Project budget baselines, typically include cost estimates that cover the following:
- Work package estimates
- Estimates for supplies or materials
- Estimates for vendors & procurement activity
- Estimates for risks or unknown project activity
For this assignment, please submit your schedule along with cost estimates against each activity that measures your best appraisal for that task. Please also include a final quote for your project budget baseline.
Project Schedule baseline for Annual Office Picnic
For a project to be successful, the process of defining a timetable baseline is essential. This is especially true for big and complicated projects, like the annual office picnic. A plan that describes the timelines, milestones, and deliverables of a project is called a schedule baseline. This plan also acts as a reference point for monitoring and evaluating the progress of the project. A comprehensive grasp of the project's scope, deliverables, deadlines, resources, and budget, as well as a detailed analysis of any risks and obstacles that may occur throughout the course of the project, are required in order to develop a schedule baseline. While building a schedule baseline for the annual office picnic, the first step is to evaluate the work breakdown structure (WBS) and determine the primary tasks and subtasks that are associated with the project. The Work Breakdown Structure (WBS) is a hierarchical framework that divides the project into smaller, more manageable components. It also helps to guarantee that all parts of the project are taken into consideration and handled. The WBS for the annual office picnic consists of the following five primary tasks: project planning and management, theme and site selection, food and entertainment selection, equipment rental and promotion, and event execution and feedback collection. After the identification of the primary tasks and any subtasks that may be necessary, the following step is to make an estimate of the amount of work and time needed to execute each task. The quantity of labor that must be done to finish a job is referred to as its effort, and it is often defined in terms of hours or days. On the other hand, the duration of a task is referred to as its length of time, and it is typically measured in terms of days or weeks. To accurately estimate the amount of work that will need to be done and the amount of time it will take, it is necessary to consider all of the resources that will be at one's disposal, including money, equipment, and personnel, as well as any risks or difficulties that may arise during the course of the project.
When it comes to the process of project planning and management, it is projected that the amount of effort necessary to build a complete project plan will be 50 hours, while the amount of time it will take is expected to be 5 days. It is projected that the development of a risk management strategy will need 20 hours of work and two days of length, while the establishment of a core team of volunteers would require 30 hours of effort and three days of time. In conclusion, it is predicted that sharing the project plan with the core team for the purpose of evaluation and input will need ten hours of labor and one day's worth of time.
It is anticipated that organizing a brainstorming session will need 10 hours of effort and 1 day of duration to complete the process of selecting the topic and location, but conducting a company-wide survey would require 20 hours of effort and 2 days of length to complete the assignment. It is expected that doing research and analyzing suitable sites will take 30 hours of work and 3 days of time, whilst choosing the place and collecting the appropriate permissions and documents would take 20 hours of effort and 2 days of duration. It is estimated that working with a catering company to provide a diverse menu will require 40 hours of effort and 4 days of duration for the catering and entertainment task, whereas conducting an employee survey to determine menu items will require 10 hours of effort and 1 day of duration for the task. It is projected that choosing and buying party presents would need 20 hours of effort and two days of length, while working with vendors to offer entertainment and activities will require 50 hours of effort and five days of time.
When it comes to the marketing and equipment rental tasks, it is estimated that renting the necessary equipment will require 30 hours of effort and 3 days of duration, while negotiating with vendors and ensuring timely delivery and setup will require 20 hours of effort and 2 days of duration, respectively. It is predicted that the time and effort required to develop marketing materials and send email invites will take a total of forty hours over the course of four days.
For the work of event execution and feedback, it is projected that 30 hours of effort will be required, and the task will take three days to complete. This effort will be required to ensure that all vendors and rental equipment are in place, and that activities are operating without a hitch. It is thought to be beneficial to have a team available to answer problems or concerns.
Continue with event execution and feedback while the project research is being done. The implementation of the event and the collection of feedback is the fifth and final step of the project. At this stage of the process, the team will be responsible for ensuring that all of the vendors and rental equipment are in place, as well as ensuring that the activities and entertainment are running without a hitch. The group must also be ready to handle any problems or concerns that may crop up during the event, and they must be flexible enough to make modifications as required. 5.1 Make sure that all the vendors and rental equipment are there, and check to see that the activities and entertainment are going off without a hitch. Before the event, the team should compile a checklist that includes all the necessary rental equipment and vendor contacts. Upon the delivery of each piece of equipment by a vendor or rental business, this list should be crossed off. Before the beginning of the event, the crew should also double verify that all the activities and entertainment choices have been prepared and are ready to go. 5.2 Make sure you have staff on standby to deal with any problems or worries that may crop up. It is important for the team to assign a point person for each aspect of the event so that they can answer any questions or concerns as they come up. For instance, if there is a problem with the food, the point person in charge of the catering should be readily accessible to handle the problem and make sure that it is rectified as promptly as possible. The individual who will serve as the point of contact needs to have the power to make choices and find solutions to problems as they crop up. 5.3 After the event, provide a questionnaire to participants to collect their opinions. It is essential to collect feedback from participants after the event to identify areas of weakness for use in the planning of future events. It is possible to send out a survey to each participant by email, asking them questions about their overall experience, the activities and entertainment that were offered, the food, and any areas that may need some work. 5.4 Make use of the input to enhance future events and make modifications as required. The input that was obtained from the participants must be reviewed, and any areas that may be improved upon ought to be determined. The team working on the project must take the appropriate steps to address these concerns and make any required modifications for upcoming activities. If, for instance, participants of the event indicated a wish for more vegetarian alternatives in the food, the strategy for the cuisine for the subsequent event had to be altered appropriately.
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