Explain cost estimates. Surveyor Pro Project Cost Baseline Created October 10* WBS Items 1. Project Management 1
Fantastic news! We've Found the answer you've been seeking!
Question:
Explain cost estimates.
Transcribed Image Text:
Surveyor Pro Project Cost Baseline Created October 10* WBS Items 1. Project Management 1 2 3 4 5 6 Months 7 8 9 10 11 12 Totals 1.1 Project manager 8,000 8,000 8,000 1.2 Project team members 1.3 Contractors 8,000 8,000 12,000 12,000 12,000 12,000 12,000 6,027 6,027 6,027 6,027 8,000 12,000 6,027 8,000 8,000 12,000 12,000 6,027 6,027 8,000 12,000 8,000 8,000 8,000 12,000 12,000 12,000 6,027 6,027 6,027 6,027 96,000 144,000 66,300 2. Hardware 2.1 Handheld devices 2.2 Servers 3. Software 30,000 30,000 60,000 8,000 8,000 16,000 3.1 Licensed software 10,000 10,000 20,000 3.2 Software development 60,000 60,000 4. Testing 6,000 80,000 127,000 127,000 8,000 12,000 15,000 90,000 50,000 594,000 15,000 13,000 69,000 5. Training and Support 5.1 Trainee cost 50,000 50,000 5.2 Travel cost 5.3 Project team members 6. Reserves 8,400 8,400 24,000 24,000 24,000 24,000 24,000 24,000 144,000 10,000 10,000 30,000 30,000 60,000 40,000 Totals 20,000 86,027 92,027 172,027 223,027 198,027 185,027 173,027 148,427 40,000 30,000 3,540 90,027 80,027 53,567 253,540 1,521,240 Surveyor Pro Project Cost Baseline Created October 10* WBS Items 1. Project Management 1 2 3 4 5 6 Months 7 8 9 10 11 12 Totals 1.1 Project manager 8,000 8,000 8,000 1.2 Project team members 1.3 Contractors 8,000 8,000 12,000 12,000 12,000 12,000 12,000 6,027 6,027 6,027 6,027 8,000 12,000 6,027 8,000 8,000 12,000 12,000 6,027 6,027 8,000 12,000 8,000 8,000 8,000 12,000 12,000 12,000 6,027 6,027 6,027 6,027 96,000 144,000 66,300 2. Hardware 2.1 Handheld devices 2.2 Servers 3. Software 30,000 30,000 60,000 8,000 8,000 16,000 3.1 Licensed software 10,000 10,000 20,000 3.2 Software development 60,000 60,000 4. Testing 6,000 80,000 127,000 127,000 8,000 12,000 15,000 90,000 50,000 594,000 15,000 13,000 69,000 5. Training and Support 5.1 Trainee cost 50,000 50,000 5.2 Travel cost 5.3 Project team members 6. Reserves 8,400 8,400 24,000 24,000 24,000 24,000 24,000 24,000 144,000 10,000 10,000 30,000 30,000 60,000 40,000 Totals 20,000 86,027 92,027 172,027 223,027 198,027 185,027 173,027 148,427 40,000 30,000 3,540 90,027 80,027 53,567 253,540 1,521,240
Expert Answer:
Related Book For
Business Statistics In Practice
ISBN: 9780073401836
6th Edition
Authors: Bruce Bowerman, Richard O'Connell
Posted Date:
Students also viewed these general management questions
-
As a project management professional, it is important for you to be able to review numbers and report on what they are saying. It is also important for you to be able to use software that helps you...
-
A stream of particles of one size are 80% converted (SCMIash diffusion control, uniform gas environment) on passing through a reactor. If the reactor is made twice the size but with the same gas...
-
The current year financial statements for Blue Water Company and Prime Fish Company are presented below. Both companies are in the fish catching and manufacturing business. Both have been in business...
-
A company has 1,000,000 shares of common stock outstanding, and the current market price is $50 per share. The company has also issued 20.000 bonds (S1,000 maturity value each), which are presently...
-
Identify the six different discovery devices. What is the purpose of each device?
-
During the current year, Ross Corporation purchased a warehouse for $45,000, paid $1,000 dividends, sold land for $7,900, and issued $25,000 of common stock. All of these were cash transactions. Show...
-
1. A stock has a price of $40.4 and earnings per share of $3.11. What is the price-earnings ratio? Enter your response belowrounded to2 DECIMAL PLACES. 2. A preferred stock will have an annual...
-
Create a Windows Forms application. Use the following names for the project and solution, respectively: States Capitals Project and States Capitals Solution. Save the application in the VB2017\Chap04...
-
The Economist magazine described the problem a major bank in Nairobi had with loan defaults. Assume that the samples of size 5 for seven officials were selected, and the results tabulated. Official...
-
Explain how cost classification must be matched to the purpose of planning, decision making or control.
-
Classify each of the following as being primarily a fixed cost or a variable cost, and, if necessary, explain why you think such a classification would be difficult without more information being...
-
Use a calculator to evaluate the present value of an annuity formula \[P=m\left[\frac{1-\left(1+\frac{r}{n}ight)^{-n t}}{\frac{r}{n}}ight]\] for the values of the variables \(m, r\), and \(t\)...
-
A three-column cash book for a wine wholesaler is to be written up from the following details, balanced-off, and the relevant discount accounts in the general ledger shown. 2012 Mar 1 Balances...
-
Why is management accounting required to take on an outward-looking role of contributing to business strategy by identifying, measuring and communicating financial information about a wider business...
-
If u and v are vector in R, then u X v = v X u Select one: True X False
-
Identify the source of funds within Micro Credit? How does this differ from traditional sources of financing? What internal and external governance mechanisms are in place in Micro Credit?
-
a. Assuming that the cleaning and preparation times are approximately normally distributed, calculate a range of values that contains almost all (approximately 99.73 percent) of the individual...
-
Construct a contingency table using cola preference (Rola or Koka) as the row variable and the number of 12-packs consumed in a typical month (categories 0 through 5, 6 through 10, and more than 10)...
-
Enterprise Industries produces Fresh, a brand of liquid laundry detergent. In order to manage its inventory more effectively and make revenue projections, the company would like to better predict...
-
The data of Exercise 15.8 may be looked upon as evidence that the standard of \(3 \%\) unusable bearings is being exceeded. (a) Use the data from Exercise 15.8 to construct new control limits for the...
-
Thirty-five consecutive samples of 100 bearings each, taken from a factory, had, respectively, 1, 2, 5, 3, 4, 2, 6, 8, 1, 2, 3, 9, 8, 0, 12, 10, 5, 4, 1, 8, 6, 7, 9, 4, 8, 1, 2, 6, 7, 5, 8, 1, 3, 4...
-
Suppose that with the samples of Exercise 15.6, it is desired to establish control also over the variability of the process. Using the method of Exercise 15.5 and the values of \(\overline{\bar{x}}\)...
Study smarter with the SolutionInn App