Question: Exercise Figure 5 . 1 is a project WBS with cost apportioned by percentages. If the total project cost is estimated to be $ 6

Exercise Figure 5.1 is a project WBS with cost apportioned by percentages. 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 estimating approach?
Router systems project
Cost: $600,000
Definition
10%
Design
40%
Implementation
50%
Objectives
4%
Requirements
6%
Inputs
3%
Outputs
3%
Files
4%
Interfaces
10%
Programming
20%
In-house
testing
40%
Customer testing
& review
10%
EXERCISE FIGURE 5.1
WBS Figure
Chapter 5 Estimating Project Times and Costs 1

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