Question: Project Management create a Work Breakdown Structure showing level 1-3. Calculate the project estimation completion time. Using the data provided answer all questions if possible,




CWu Stadium Preleat Major Activities Time Istimates (days) lleseure nepaivernents and conta Identify at least 2 sub-activities (level 3) for each level 2 major activity. For example, identify what sub-activities are required for major activity (1): Bonding, insurance, and tax structuring. Identify another 2 sub-activities for major activity (2): Removing current structure(s). Do this for all 12 major activities. - Create a work breakdown structure showing level 1,2, and 3 activities. You may use a software tool. - Develop a project network drawing that shows the predecessor relationships for level 2 activities. Use the activity time estimates given in the BUSA 4200 Project Data Phase 2.xdsx file. You may use software tools. - Calculate ES, EF, LS, LF, slack times for each activity. Use critical path method (and/or other appropriate methods to) identify critical path(s) and calculate expected finish time. Calculate the standard deviation of the project. - Develop a Gantt chart for the project to show the project schedule. (Make sure to use expected durations ( (E ) for each major activity to develop the Gantt chart) - Based on the cost estimates given, develop a budget schedule. You may add a profit margin to the total cost to create the budget. Budget schedule should show daily (or monthly) budget. In addition, develop cumulative budget schedule. Assume that the fixed costs and material costs are distributed uniformly across the expected duration for each major activity. For example, for major activity B (Removing current structure(s)), fixed cost is $100,000 and the material cost is $100,000. If expected duration =60 days: Daily fixed cost =$100,000/60; Daily material cost =$100,000/60. Daily total cost = Daily fixed cost + Daily labor cost + Daily material cost. Assume that 30 days =1 month, if required. Note that the GWU's budget is $20 million. - Calculate the probability of finishing the project in 270 days or less. Calculate the probability of requiring more than 275 days to finish the project. GWU Stadium Project Major Activities - Identify at least 2 sub-activities (level 3 ) for each level 2 major activity. For example, identify what sub-activities are required for major activity (1): Bonding, insurance, and tax structuring. Identify another 2 sub-activities for major activity (2): Removing current structure(s). Do this for all 12 major activities. - Create a work breakdown structure showing level 1,2, and 3 activities. You may use a software tool. - Develop a project network drawing that shows the predecessor relationships for level 2 activities. Use the activity time estimates given in the BUSA 4200 Project Data Phase 2.xlsx file. You may use software tools. - Calculate ES, EF, LS, LF, slack times for each activity. Use critical path method (and/or other appropriate methods to) identify critical path(s) and calculate expected finish time. Calculate the standard deviation of the project. - Develop a Gantt chart for the project to show the project schedule. (Make sure to use expected durations (E) for each major activity to develop the Gantt chart) - Based on the cost estimates given, develop a budget schedule. You may add a profit margin to the total cost to create the budget. Budget schedule should show daily (or monthly) budget. In addition, develop cumulative budget schedule. Assume that the fixed costs and material costs are distributed uniformly across the expected duration for each major activity. For example, for major activity B (Removing current structure(s)), fixed cost is $100,000 and the material cost is $100,000. If expected duration =60 days: Daily fixed cost = $100,000/60; Daily material cost =$100,000/60. Daily total cost = Daily fixed cost + Daily labor cost + Daily material cost. Assume that 30 days =1 month, if required. Note that the GWU's budget is $20 million. - Calculate the probability of finishing the project in 270 days or less. Calculate the probability of requiring more than 275 days to finish the project. CWu Stadium Preleat Major Activities Time Istimates (days) lleseure nepaivernents and conta Identify at least 2 sub-activities (level 3) for each level 2 major activity. For example, identify what sub-activities are required for major activity (1): Bonding, insurance, and tax structuring. Identify another 2 sub-activities for major activity (2): Removing current structure(s). Do this for all 12 major activities. - Create a work breakdown structure showing level 1,2, and 3 activities. You may use a software tool. - Develop a project network drawing that shows the predecessor relationships for level 2 activities. Use the activity time estimates given in the BUSA 4200 Project Data Phase 2.xdsx file. You may use software tools. - Calculate ES, EF, LS, LF, slack times for each activity. Use critical path method (and/or other appropriate methods to) identify critical path(s) and calculate expected finish time. Calculate the standard deviation of the project. - Develop a Gantt chart for the project to show the project schedule. (Make sure to use expected durations ( (E ) for each major activity to develop the Gantt chart) - Based on the cost estimates given, develop a budget schedule. You may add a profit margin to the total cost to create the budget. Budget schedule should show daily (or monthly) budget. In addition, develop cumulative budget schedule. Assume that the fixed costs and material costs are distributed uniformly across the expected duration for each major activity. For example, for major activity B (Removing current structure(s)), fixed cost is $100,000 and the material cost is $100,000. If expected duration =60 days: Daily fixed cost =$100,000/60; Daily material cost =$100,000/60. Daily total cost = Daily fixed cost + Daily labor cost + Daily material cost. Assume that 30 days =1 month, if required. Note that the GWU's budget is $20 million. - Calculate the probability of finishing the project in 270 days or less. Calculate the probability of requiring more than 275 days to finish the project. GWU Stadium Project Major Activities - Identify at least 2 sub-activities (level 3 ) for each level 2 major activity. For example, identify what sub-activities are required for major activity (1): Bonding, insurance, and tax structuring. Identify another 2 sub-activities for major activity (2): Removing current structure(s). Do this for all 12 major activities. - Create a work breakdown structure showing level 1,2, and 3 activities. You may use a software tool. - Develop a project network drawing that shows the predecessor relationships for level 2 activities. Use the activity time estimates given in the BUSA 4200 Project Data Phase 2.xlsx file. You may use software tools. - Calculate ES, EF, LS, LF, slack times for each activity. Use critical path method (and/or other appropriate methods to) identify critical path(s) and calculate expected finish time. Calculate the standard deviation of the project. - Develop a Gantt chart for the project to show the project schedule. (Make sure to use expected durations (E) for each major activity to develop the Gantt chart) - Based on the cost estimates given, develop a budget schedule. You may add a profit margin to the total cost to create the budget. Budget schedule should show daily (or monthly) budget. In addition, develop cumulative budget schedule. Assume that the fixed costs and material costs are distributed uniformly across the expected duration for each major activity. For example, for major activity B (Removing current structure(s)), fixed cost is $100,000 and the material cost is $100,000. If expected duration =60 days: Daily fixed cost = $100,000/60; Daily material cost =$100,000/60. Daily total cost = Daily fixed cost + Daily labor cost + Daily material cost. Assume that 30 days =1 month, if required. Note that the GWU's budget is $20 million. - Calculate the probability of finishing the project in 270 days or less. Calculate the probability of requiring more than 275 days to finish the project
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