Question: Hello I need help in making a detailed Project Material Cost by Items. Below is a WBS that will help make one Here is additional

Hello I need help in making a detailed Project Material Cost by Items. Below is a WBS that will help make one

Here is additional instructions: use the material cost estimation technique apply it to your project. At this point, you may estimate it in high level. Then, you may add more details when the final report is due. It is suggested to use your WBS as baseline, estimate on associated direct cost (materials or labor), as well as indirect cost (e.g., overhead cost) at high level. In addition, you may explain briefly which cost estimation method or technique you plan to use for planning cost and controlling cost, for example, top-down or bottom-up, and explain why.

Hello I need help in making a detailed Project Material Cost by

Here is an example of an activity cost for refurbishing Computers

Items. Below is a WBS that will help make one Here is

Motion Sensor Lighting in University 1.0 Project Definition 2.0 System Engineering 3.0 Implementation 1.1 Design the Problem Statement 2.1 Develop Design Plan 3.1 Discuss Implementation Plan With Stakeholders 1.2 Identify Stakeholder & Key Resources Involved 2.2 Develop Resource Allotment Plan 3.2 Work Allocation 2.3 Perform Risk Analysis & Alternative Analysis 3.3 Work Allocation 1.3 Perform Stakeholder & Resource Value Mapping 3.4 Initial Analysis of Teams 1.4 Identify Key Areas of Implementation 2.4 Develop Final Design Document .5 Final Implementation of Project 1.5 Finalize Project Schedule 2.5 Perform Cost Analysis Activity List . Identify scope of the project . Identify major stakeholders involved . Meet the stakeholders and identify the locations where the light sensors will be installed . Develop the resource list . Identify the project milestones . Develop a blueprint of the project and discuss with the stakeholders . Team meeting to discuss blueprint and work allocation . Cost analysis and budget release for the project Resource procurement Division of resource as per team Implementation Motion Sensor Lighting in University 1.0 Project Definition 2.0 System Engineering 3.0 Implementation 1.1 Design the Problem Statement 2.1 Develop Design Plan 3.1 Discuss Implementation Plan With Stakeholders 1.2 Identify Stakeholder & Key Resources Involved 2.2 Develop Resource Allotment Plan 3.2 Work Allocation 2.3 Perform Risk Analysis & Alternative Analysis 3.3 Work Allocation 1.3 Perform Stakeholder & Resource Value Mapping 3.4 Initial Analysis of Teams 1.4 Identify Key Areas of Implementation 2.4 Develop Final Design Document .5 Final Implementation of Project 1.5 Finalize Project Schedule 2.5 Perform Cost Analysis Activity List . Identify scope of the project . Identify major stakeholders involved . Meet the stakeholders and identify the locations where the light sensors will be installed . Develop the resource list . Identify the project milestones . Develop a blueprint of the project and discuss with the stakeholders . Team meeting to discuss blueprint and work allocation . Cost analysis and budget release for the project Resource procurement Division of resource as per team Implementation

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!