Question: How do you think the approach of developing 3-time estimates for a task's duration could be used to estimate costs for manufacturing?

How do you think the approach of developing 3-time estimates for a task's duration could be used to estimate costs for manufacturing?

Step by Step Solution

★★★★★

3.46 Rating (172 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Precise time estimation is a vital expertise in task administration Without it you wont know to what ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

1037-B-M-L-P-M (2567).docx

120 KBs Word File

Students Have Also Explored These Related Management Leadership Questions!

Q:

How do you think the network technique could be used to estimate costs for manufacturing?

Q:

How do you think the 3-times network technique could be used to estimate costs for manufacturing?

Q:

The auditors for Weston University are conducting their audit for the fiscal year ended December 31, 2015. Specifically, the audit firm is now focusing on the audit of revenue from this season's home...

Q:

Question 6 (1 point) The lowest level item in the WBS is known as Work package Control account Budget item O project coordinator Question 7 (1 point) This network diagram calculates an optimistic...

Q:

Q1. If sales total $1,000,000, fixed costs total $400,000, and variable costs are 55% of sales, the contribution margin ratio is 45%. a. true b. false Q2. Which of the following is an example of a...

Q:

Question: Q1. If sales total $1,000,000, fixed costs total $400,000, and variable costs are 55% of sales, the contribution margin ratio is 45%. a. true b. false Q2. Which of the following is an...

Q:

Fundamentals of Project Management Fourth Edition by Reza Torkzadeh FUNDAMENTALS OF PROJECT MANAGEMENT Reza Torkzadeh Copyright 2012-2013 by Reza Torkzadeh. All rights reserved. No part of this...

Q:

Name: PMAN 635 9041 Final Exam Please do any ten of the following questions. If you do all twelve, I will credit you for the best ten. Each question you do will be worth ten percent of your final...

Q:

From above case, answer following things, I hope it would be well explained and briely explained.... Questions:- outline in detail different facets of agile project management, identify the...

Q:

Case Study Ribera, J. (2018). Agile project management. IESE Business School. https://www.thecasecentre.org/programmeAdmin/products/view?id=154257 Objectives Upon successful completion of the case...

Q:

A steam power plant operates on an ideal reheat regenerative Rankine cycle with one reheater and two feedwater heaters, one open and one closed. Steam enters the high-pressure turbine at 15 MPa and...

Q:

A propellant for rockets is obtained by mixing the liquids hydrazine, N2H4, and dinitrogen tetroxide, N2O4. These compounds react to give gaseous nitrogen, N2, and water vapor, evolving 1049 kJ of...

Q:

Spring 2025 FIN 642 Investment & Portfolio Management Assignment One Due Date: February 12 2025 @ 11:59 pm Grade: 10 Marks "When testing the CAPM, there are two major questions: First, how stable is...

Q:

Roshoud is the VP of customer operations for Galactic Kidz and is the project sponsor of the latest project, called Project G. He sits down with Sally, the project manager, to discuss resource...

Q:

Contrast validity with reliability. What aspects, if any, are the same?

Q:

Contrast subjective and objective measures. Give examples of the proper use of each type of measure when evaluating competing projects.

Q:

Can a measure be reliable, yet invalid? Explain.

Q:

A leader who sets levels of expectation, then gives direction and guidance and determines work schedules uses what type of leadership theory? O A. Supportive O B. Directive OC. Participative O D....

Q:

You have approached your local bank for a start-up loan commitment for $290,000 needed to open a computer repair store. You have requested that the term of the loan be one year. Your bank has offered...

Q:

help, I not understand what I need to do. Beagle Beauties engages in the development, manufacture, and sale of a line of cosmetics designed to make your dog look glamorous, Below you will find...