Question: How can I estimate project costs for a software development project of 4 months if the overall project budget is 340000

How can I estimate project costs for a software development project of 4 months if the overall project budget is 340000

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 General Management Questions!

Q:

You are the project manager for a software development project. The project sponsor has requested a budget estimate for the project. You have gathered all the necessary cost information from the...

Q:

Answer all questions 1 to 20 A cost incurred in the past that cannot be changed by any future action is: Opportunity cost B Sunken cost Fixed Cost Direct Cost Question 2 Which of the following is NOT...

Q:

Examination Paper of Project Management Certification IIBM Institute of Business Management Examination Paper MM.100 Project Management Certification Guidelines for paper Total No. of Questions is...

Q:

QSO 345 Project Charter and Stakeholder Management Plan Template Scenario: You are the project manager responsible for one of the projects in the overarching CIMS project program portfolio, and you...

Q:

Which of the following is NOT a characteristic of the cost performance baseline? a. It shows cumulative approved budget against time. b. It is derived from the schedule performance baseline c. It is...

Q:

Question 1 Cost, time, and budget estimates are the lifeline for control; they serve as the standard for comparison of the actual and the planned throughout the life of the project. True False 2...

Q:

Answer all mutpiple choice If the budget at completion (BAC)=$500, estimate to completion (EAC)=$400, earned value (EV)=$100, and actual cost =$100, what is the estimate at completion (EAC)? 50 $150...

Q:

Question 7 - Earned Value (EV) =$10,000 - Planned Value (PV)=$8000 - Actual Cost (AC)=$3,000 What is the schedule variance? $2,000 $2,000$5,000 $5,000 - Budget AT Completion (BAC)=$500 - Estimate to...

Q:

Please consider final report (PHASE 4) below. After PHASE 4 I have included PHASE 3. Thank you in advance for any assistance. Have a blessed day! MyProject Phase 4: Final Report Reproduce the...

Q:

Objective: The objective of this assignment is to deepen your understanding of project budgeting and risk management by applying these principles to a real - world scenario. This individual...

Q:

Oxnard Corporation has accumulated E&P of negative $40,000 and current E&P of $50,000. Oxnard made a $60,000 dividend distribution to its shareholders during the year. As a result of this...

Q:

Consider the following sets representing computational problems (a) For the DFA M 1 with the given state diagram, list all and only P i such that (M 1 ) P i (where 1 i 6) (b) For the DFA M 2 with...

Q:

What is an APR? What is an EAR? Are they the same thing?

Q:

atch the compensation objectives with their meanings. Efficiency Efficiency drop zone empty. Fairness Fairness drop zone empty. Compliance Compliance drop zone empty. Improving performance and...