Below is a project WBS with cost apportioned by percents. If the total project cost is estimated

Question:

Below is a project WBS with cost apportioned by percents. If the total project cost is estimated to be $600,000, what are the estimated costs for the following deliverables?

a. Design?
b. Programming?
c. In-house testing?
What weaknesses are inherent in this estimatingapproach?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Project management the managerial process

ISBN: 978-0073403342

5th edition

Authors: Eric W Larson, Clifford F. Gray

See More Books

Question Posted: Sep 19, 2012 07:28 AM

See More Questions

If the demand for a good is unit elastic and the owner of the store mistakenly decrease the price of the good instead of raising it: Group of answer choices then total revenue increases then total...
1. What are the variable costs for the decision to send one more person aboard a charter flight that is already 80 percent booked? 2. In making an entry/exit decision, if competitive pressure is...
A smart home is connected to micro grid as well as utility grid. The micro grid consists of solar and wind energy. Solar power plant meet 60% of energy demand of smart home while rest is from wind...
John and Adam exchange offices in a transaction that qualifies as a like-kind exchange. As part of the transaction, Adam gives John a truck. In addition, Adam agrees to assume a $20,000 liability...
Use Maclaurin's Formula, rather than 1'Hpital's Rule to find? a. b. limsin x-16 cos x x'/2 x/24 lim
A random survey of 100 students asked each student to select the most preferred form of recreational activity from five choices. Following are the results of the survey: Test whether the choice is...
Consider the inspection described in Example 2.11. Six parts are selected randomly without replacement from a bin of 50 parts. The bin contains 3 defective parts and 47 nondefective parts. Let $A$...
Amtrex International is a major U.S.-based electronics firm that manufactures a number of electronic components for domestic and global consumer electronics companies. It imports most of its...
The scatter plot shows the relationship between the population of the city and the number of large wildlife sightings within city limits. Large wildlife sightings 200 150 100 50 0 0 25000 City...
Using the information from Problem 8- 29, assume that the nursing administrator expected 400 patients for flu shots and 1,600 for flu treatment. The medical group typically charges $ 50 for a flu...
Mrs. Tolstoy and her husband, Serge, are planning their dream house. The lot for the house sits high on a hill with a beautiful view of the Appalachian Mountains. The plans show the size of the house...
Firewall Project XT. Using the complexity weighting scheme shown in Exercise and the function point complexity weighted table shown below, estimate the total function point count. Assume historical...
Write each quotient in lowest terms. Assume that all variables represent positive real numbers. 12 - 9V/72 18
Describe the ethical dilemma you were facing. Apply the process for making an ethical decision to the dilemma, ensuring you include each step in the process. Does the solution you arrived at when...
1. How different communities of parents from different countries (immigrants) who have their children enrolled in public schools in the United States can feel motivated to learn how to use the Parent...
What is the Project Deliverables/Outcomes of food festival? Give an explanation of the outcomes of your festival - What to expect from the festival? Describe and outline the main food festival...
Discuss how does a Phase Gate/Stage Gate process mitigate the potential risks in the product development cycle, use a specific example to demonstrate your understanding of the process.
Should Harper Lee's 'To Kill a Mockingbird" be banned in middle schools and high schools? Why or Why not?
A tank of chlorine contains $1000 \mathrm{~kg}$ of chlorine at 50 -bar gauge. What is the maximum hole diameter (in $\mathrm{mm}$ ) in this tank that will result in a downwind concentration equal...
If someone's Z-score for a variable was 0.67. Their score is a significant extreme score. Their score is not significant. O Their score is slightly above average. O Their score is an outlier.
On 1 June 2021, Stephen was provided by his employer with an interest-free loan of 20,000. He repays 5,000 of this loan on 1 January 2022 and repays another 3,000 on 1 March 2022. Compute the taxable...
The Munsters have been saving money in order to buy a house. They figure that, given current interest rates, they could afford a $400,000 home. Before looking at houses on the market they decide to...
Brandon was having an ale with his girlfriend, Sierra, when the subject of the Omega Theta Pi 5K-run project came up. Brandon has been chosen to chair the 5K-charity run for his fraternity. At the...
What kinds of estimates are best suited for this method?
(a) Approximate the following transfer function by removing a non-dominant pole (or a pair of non-dominant poles): (2 Marks) G(s) = = 0.2(s + 2) (s+ 0.5)(s+3 0.8j) (b) Is the following a valid state...
(a) Given that z =2+23i and z =-5+5i. Express, and in polar form. (b) Find z and in exponential form. (c) Find (5)*() in the forms of x+yi.
Evaluate the impact of mobile banking on traditional revenue streams and business models of banks, such as transaction fees, interchange fees, and overdraft charges. How do banks monetize mobile...

Below is a project WBS with cost apportioned by percents. If the total project cost is estimated

Question:

Router systems project Cost: $600,000 Definition Design implementation 50% 10% 40% Objectives 4% Requirements In-house testing 40% Customer testing & review 6% 10% Inputs 3% Outputs 3% Files 4% erfaces Programming 10% 20%

Step by Step Answer:

a 240000 b 120000 c 240000 What weaknesses are inheren...View the full answer

Project management the managerial process

Students also viewed these Management Leadership questions