Question
Project Budget You are the project manager in charge of building a house in Ashburn, Virginia. The house is a five - bedroom home estimated
Project Budget You are the project manager in charge of building a house in Ashburn, Virginia. The house is a five - bedroom home estimated to cost $1.2 million dollars and has to be completed in 24 months. Identify at least 20 activities required to complete this house , and assign a basis of cost planning to all identified activities. Please note that 2% of the estimated cost ($1.2 million) mus t be set aside as contingency. Think of labor, material, and machinery activities as part of your considerations. The total cost plus contingency must not exceed the estimated cost and must not be less than $1 million. Refer to the budget examples in Chap ter 4 Budgeting the Project on pages 112 - 151 of you r Project Management in Practice textbook as your guide for creating your budget. You can create your budget in a Word document table or in an Excel document for submission to your instructor
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started