Question: 5. Exercise Figure 5.1 is a project WBS with cost apportioned by percentages. If the total project cost is estimated to be $800,000, what are

 5. Exercise Figure 5.1 is a project WBS with cost apportioned

5. Exercise Figure 5.1 is a project WBS with cost apportioned by percentages. If the total project cost is estimated to be $800,000, what are the estimated costs for the following deliverables? a. Design b. Programming c. In-house testing What weaknesses are inherent in this estimating approach? EXERCISE FIGURE 5.1 WBS Figure Router systems project Cost: $800,000 Definition Design Implementation 10% 40% 50% Objectives Requirements In-house Customer testing testing & review 4% 6% 40% 10% Inputs Outputs Files Interfaces Programming 3% 3% 3% 9% 22%

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock 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

Students Have Also Explored These Related Accounting Questions!