Pm Scheduling Networks

(TCO A) Your manager has asked you as a project manager, How does the Bottom-Up calculateing appurtenance work? I hear the terms bottom up and top down. Explain the 4 basic steps in the bottom-up budgeting approach by identifying the organizational level (Upper Management, functional Management, and Project Management) and fictional character of budget prep bed at from each one step. For each type of budget, explain why it is used at this level. (Points : 16) You wee-wee been requested to provide a contingency approximation for a project involving the manufacturing of a parvenue television. You are provided with the spare-magazine activity component and labor deems, together with the type of estimate: Description Estimated substructure cost Type of estimate Plasma Screen $780.00 Order of Magnitude Tuner $107.00 authorised Sound circuits $45.00 Definitive Controls $65.00 Order of Magnitude Case $142.00 work out Labor $245.00 Definitive The guide retail price for the impudent TV is $4,995.00. New crossways are targeted for 130% markup on introduction, so that price and cost reductions stomach be interpreted as required by war-ridden pressure and unflustered keep the product profitable.

Your estimating department shortly defines estimate truth as follows: Order of Magnitude -25%, +55% Budget -10%, +35% Definitive -5%, +10% (a) What cost budget do you propose for the product? (b) Will the project be approved? (c) What would you exhort to sheer or eliminate any contingency from the budget? 4. (TCO A) We have discu ssed the project plan and are taking consid! erable snip developing processes for creating it. This seems to be in conflict with the exposition of the course, which is supervise and Control. Why are we taking so more time to develop the project plan, and how does it fit with monitoring and concur? For total credit you must provide specific reasons and erect nowifications and not just generalities. (Points : 16)If you want to get a entire essay, order it on our website: BestEssayCheap.com

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