Your best friend, Linda, just sold her apartment and purchased a bigger one because she is planning to get married and start a family. Linda is planning her move, while at the same time planning her wedding. Linda is very busy, so she asked you to help identify the cost elements involved in her upcoming wedding.

1.What are some of the cost items that Linda should consider in coming up with a cost estimate for her wedding projects? Develop a Work breakdown structure (WBS) that identifies the activities involved and use the WBS to come up with a cost estimate for her.

2. What cost estimate approaches could Linda use to determine a budget for her apartment removal project? Describe 2 cost estimating methods that Linda could use in determining her budget for this move. Explain to Linda the advantages and disadvantages of both methods.

3. What actions should Linda take to control costs on these 2 projects? Describe three cost control techniques Linda could use.

4. Explain what is Earned Value Analysis and how it differs from cost variance analysis? Why is it necessary for project managers to do both?