a) Briefly explain the Apportion method and discuss when it is applied. - b) Given the...

 

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a) Briefly explain the Apportion method and discuss when it is applied. - b) Given the below WBS of the "e-Commerce Website for Eureka" project, calculate the cost for each of the project deliverables. (. e-Commerce Website for Eureka Defining and Planning Closing Executing Status Changes Forecasts reports Kick-off Transfer documents Schedules Risks Staffing Train meeting customer Below are provided the cost details: Total Cost: 100 000 KWD • Defining and Planning (30%) • Kick-off meeting (2%) • Schedules (4%) • Risks (4%) Staffing (20%) • Executing (50%) • Status reports (5%) Changes (40%) Forecasts (5%) Closing (20%) • Train customer (10%) Transfer documents (10%) Top-Down Approaches for Estimating Project Times and Costs Consensus methods TDown Etinion • Ratio methods Ov h da Tten ChgM t Werte C Apportion method • Extension of Ratio Method Potest Tem Fem • Use Historical Data for previous projects Learning curves 12 Apportion Method of Allocating Project Costs Using the Work Breakdown Structure Total project cost $500,000 Design 20% Program 30% Test 40% Document Produce CD 5% 5% 100,000 150,000 200,000 25,000 25,000 D-1 10% D-2 10% P-1 20% P-2 5% P-3 5% Doc-1 2% Doc-2 3% CD-1 5% 50,000 50,000 ||100,000|| 25.000 25,000 10,000 15,000 25,000 T-1 10% T-2 10% T-3 20% 50,000 50,000 || 100,000 a) Briefly explain the Apportion method and discuss when it is applied. - b) Given the below WBS of the "e-Commerce Website for Eureka" project, calculate the cost for each of the project deliverables. (. e-Commerce Website for Eureka Defining and Planning Closing Executing Status Changes Forecasts reports Kick-off Transfer documents Schedules Risks Staffing Train meeting customer Below are provided the cost details: Total Cost: 100 000 KWD • Defining and Planning (30%) • Kick-off meeting (2%) • Schedules (4%) • Risks (4%) Staffing (20%) • Executing (50%) • Status reports (5%) Changes (40%) Forecasts (5%) Closing (20%) • Train customer (10%) Transfer documents (10%) Top-Down Approaches for Estimating Project Times and Costs Consensus methods TDown Etinion • Ratio methods Ov h da Tten ChgM t Werte C Apportion method • Extension of Ratio Method Potest Tem Fem • Use Historical Data for previous projects Learning curves 12 Apportion Method of Allocating Project Costs Using the Work Breakdown Structure Total project cost $500,000 Design 20% Program 30% Test 40% Document Produce CD 5% 5% 100,000 150,000 200,000 25,000 25,000 D-1 10% D-2 10% P-1 20% P-2 5% P-3 5% Doc-1 2% Doc-2 3% CD-1 5% 50,000 50,000 ||100,000|| 25.000 25,000 10,000 15,000 25,000 T-1 10% T-2 10% T-3 20% 50,000 50,000 || 100,000

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Answer Explanation a i Apportion method or analogous estimating is the method ... View the full answer