SCENARIO: For this assignment, select the same scenario that you used for Assignment #2. You must include your part 1 (WBS), and part 3 (indentured list including durations) from that assignment. You may choose to update those diagrams if you wish. You may alternatively choose to change your scenario to a different one from below, or choose your scenario from Assignment #1 but you must then additionally create new all the diagrams from Assignment #2 part 1 (WBS), and part 3 (indentured list including durations): 1. Large one-time party. You may choose to use a contractor or not. This may NOT include a wedding, anniversary, birthday, etc. 2. Cooking of an elaborate dinner (including cooking steps) 3. Renovation of a home (one or more rooms) 4. A family picnic 5. A small informal sports event (e.g. family baseball/soccer game) 6. Building of a house 7. Writing of a software application 8. A project of your choice, but you must obtain explicit PRE-APPROVAL FROM THE INSTRUCTOR for your topic. Part 1. WBS with Work Package Budgets (10 marks) Prepare a version of your Work Breakdown Structure (WBS) showing the break-down of budgeted amounts for each Work Item associated with your selected scenario. Ensure that your diagram: Adheres to the WBS as per the structure and format as presented in the class i.e. ensure that work items are nouns. Instead of, or above, the resource name, specify the budgeted amount allocated for that work item. Ensure that the budgeted amount estimated are realistic based on the associated activities that appear below them. Include the relevant Activities below each of the lowest level work item. You do NOT need to show budgeted cost allocated for the specific activities on the WBS, but these activities MUST later appear on your budget in Part 2. DO ensure that activities begin with a verb. Provide the WBS in a graphic chart/diagram format. Note: Your name must appear somewhere on the diagram. PURES COLLEGE OF TECHNOLOGY Pures College of Technology 200 & 300 - 1450 Midland Avenue Toronto, ON M1P 4Z8 Tel: 416-498-5558 Part 2: Sample Budget (10 marks) Prepare a Sample Budget for the work items and activities from your WBS. Refer to the sample budgets and/or MS Project Gantt Chart from the slides from Chapter 7 as examples. For the Sample Budget: List all Work Items and related activities as an Indentured list. For activities, include the duration for the activity in a separate column. Where applicable, in different columns specify the estimates for the different types of costs for each activity. Provide a column for total costs as the sum of the different costs for each activity. Include sub-totals for all work items at all levels, including Project totals. Amounts for work items should match the amounts specified in your WBS from Part 1 Below is a sample table for the Budget (which you can use a s a template): WBS # Work Item Activity # Activity Name Resourc e Duratio n (#work days) Labour rate (cost per work day) Labour cost Cost type 2 Cost type 3 etc Total Cost 1 Software Project - - Ron - - $4,600 $600 $300 $5,500 1.1 Planning - - Ron - - $1,200 $100 $300 $1,600 1.1.1 Project Charter - - Ron - - $1,200 $100 $300 $1,600 1 Write Project Charter Andrea 2d $400 $800 $100 $900 2 Approve Project Charter Andrea 1d $400 $400 $300 $700 1.2 Requirem ents Analysis Tim $3,400 $500 $3,900 5 Perform Requirements Elicitation Tim 10d $200 $2,000 $2,000 6 Document Requirements Tim 6d $200 $1,200 $500 $1,700 7 Review Requirements Ron 0.5d $400 $200 $200 The Indentured List must be generated as a table in your MS Word document, or a spreadsheet imbedded within your MS Word document, or as a separate spreadsheet file. please solve it