Question:
- Cash flows, as both table and graph
- The total price of the bid
- Histogram of labor resources over the life of the project.
Team Project: Bid To Conduct A Research Project Prepare a bid that incorporates a project plan for conducting the following research project with the employees and items provided below. Assume that Katherine Stone will be the laboratory manager and has a charge rate of $2,700 per week. Assume that the company seeks a profit of 7% of the total costs before taxes. The various indirect and overhead cost factors are indicated below. Include the following in your bid: Project Management Plan Executive summary and outline Statement of objectives Work Breakdown Structure Project Organization, with linear responsibility chart Activity on node network with critical path indicated A Gantt chart of the early-start schedule Cash flows, as both a table and a graph Total price of the bid A histogram of labor resources over the life of the project Risk analysis and contingency plan TOTAL: Percentage of Grade (15) (5) (5) (10) (10) (10) (10) (10) (5) (10) (10) 100% Charts, diagrams and graphs may be drawn with project management software packages or with software such as PowerPoint, Visio, or Excel; they are not to be hand drawn. Be sure to title and label all charts and graphs clearly. List assumptions and provide explanations to accompany the charts and graphs. Please submit the response as a single document with page numbers and a table of contents. Unlike previous assignments, scheduling software packages are permitted. The program you use is your choice. Vestibular Research Project You should prepare a bid for a contracting research group to conduct the research study to compare traditional physical therapy for vestibular disturbances to using virtual reality with drug treatment. You are bidding on all research, data collection, labor, and analysis of the data. The drug manufacturer is seeking this "clinical trial" comparison of their new drug, Vestibia, as they believe it's use in conjunction with virtual reality treatment will provide enhanced treatment for those with vestibular disturbances. The drug maker is very concerned about getting their drug on the market as soon as possible, so they want a firm time commitment for the completion of this research project. Their budget is limited, so overtime, premium pay, or weekend work will not be approved. This means planning on one shift per day, 8 hour work days, and a standard 5 day work week. No holidays will be \begin{tabular}{|l|l|l|} \hline Activity/Task & Material/Equipment & Cost \\ \hline 5 & Treadmill & $500/ wk for supplies \\ \hline 5 & Gait rite & $500/wkrentalcost+$250/wkinsupplies \\ \hline 6 & Treadmill & \$500/wk for supplies \\ \hline 9 & VirtualRealitySystem(Equipmentisprovided) & \$300/wk for supplies \\ \hline 10 & Computer upgrades & \$3000 one time cost \\ \hline 11 & Software updates & \$4000 one time cost \\ \hline 14 & Virtual Reality System & \$300/wk for supplies \\ \hline 15 & Virtual Reality System & \$300/wk for supplies \\ \hline 18 & VirtualRealitySystemTreadmill & $300/wkforsupplies$500/wkforsupplies \\ \hline \end{tabular} For one time costs, spread costs equally across all weeks for which it is used for the activity. Question: 1. Cash flows, as both a table and graph 2. Total price of the bid 3 . Histogram of labor resources over life of project taken for completing the project. The job activities are shown below as well as the precedence list, labor rates, and equipment/supplies. The start date for the project is 17 October 2022. Additional information to help with estimating cost: - Indirect labor cost =70 percent of direct labor plus equipment rental cost - Overhead Cost =$1,500/ week - General and Administrative Cost =$1,900/ week - Customary to allow 15 percent of the total estimated cost for contingencies. List of employee abbreviations: OH : overhead, no additional employee costs PI: principal investigator Co-i: Co-investigator (there are 3 people) GS: general scientist PT: physical therapist EE: engineer ST: science technician IN: intern Team Project: Bid To Conduct A Research Project Prepare a bid that incorporates a project plan for conducting the following research project with the employees and items provided below. Assume that Katherine Stone will be the laboratory manager and has a charge rate of $2,700 per week. Assume that the company seeks a profit of 7% of the total costs before taxes. The various indirect and overhead cost factors are indicated below. Include the following in your bid: Project Management Plan Executive summary and outline Statement of objectives Work Breakdown Structure Project Organization, with linear responsibility chart Activity on node network with critical path indicated A Gantt chart of the early-start schedule Cash flows, as both a table and a graph Total price of the bid A histogram of labor resources over the life of the project Risk analysis and contingency plan TOTAL: Percentage of Grade (15) (5) (5) (10) (10) (10) (10) (10) (5) (10) (10) 100% Charts, diagrams and graphs may be drawn with project management software packages or with software such as PowerPoint, Visio, or Excel; they are not to be hand drawn. Be sure to title and label all charts and graphs clearly. List assumptions and provide explanations to accompany the charts and graphs. Please submit the response as a single document with page numbers and a table of contents. Unlike previous assignments, scheduling software packages are permitted. The program you use is your choice. Vestibular Research Project You should prepare a bid for a contracting research group to conduct the research study to compare traditional physical therapy for vestibular disturbances to using virtual reality with drug treatment. You are bidding on all research, data collection, labor, and analysis of the data. The drug manufacturer is seeking this "clinical trial" comparison of their new drug, Vestibia, as they believe it's use in conjunction with virtual reality treatment will provide enhanced treatment for those with vestibular disturbances. The drug maker is very concerned about getting their drug on the market as soon as possible, so they want a firm time commitment for the completion of this research project. Their budget is limited, so overtime, premium pay, or weekend work will not be approved. This means planning on one shift per day, 8 hour work days, and a standard 5 day work week. No holidays will be \begin{tabular}{|l|l|l|} \hline Activity/Task & Material/Equipment & Cost \\ \hline 5 & Treadmill & $500/ wk for supplies \\ \hline 5 & Gait rite & $500/wkrentalcost+$250/wkinsupplies \\ \hline 6 & Treadmill & \$500/wk for supplies \\ \hline 9 & VirtualRealitySystem(Equipmentisprovided) & \$300/wk for supplies \\ \hline 10 & Computer upgrades & \$3000 one time cost \\ \hline 11 & Software updates & \$4000 one time cost \\ \hline 14 & Virtual Reality System & \$300/wk for supplies \\ \hline 15 & Virtual Reality System & \$300/wk for supplies \\ \hline 18 & VirtualRealitySystemTreadmill & $300/wkforsupplies$500/wkforsupplies \\ \hline \end{tabular} For one time costs, spread costs equally across all weeks for which it is used for the activity. Question: 1. Cash flows, as both a table and graph 2. Total price of the bid 3 . Histogram of labor resources over life of project taken for completing the project. The job activities are shown below as well as the precedence list, labor rates, and equipment/supplies. The start date for the project is 17 October 2022. Additional information to help with estimating cost: - Indirect labor cost =70 percent of direct labor plus equipment rental cost - Overhead Cost =$1,500/ week - General and Administrative Cost =$1,900/ week - Customary to allow 15 percent of the total estimated cost for contingencies. List of employee abbreviations: OH : overhead, no additional employee costs PI: principal investigator Co-i: Co-investigator (there are 3 people) GS: general scientist PT: physical therapist EE: engineer ST: science technician IN: intern