Question: Table W27.5. Task list Task Description Estimated Start Estimated Work Estimated Finish Identify new potential business opportunities 05/10/2021 8 hours 05/11/2021 develop a marketing strategy

Table W27.5. Task list

Task Description

Estimated Start

Estimated Work

Estimated Finish

Identify new potential business opportunities

05/10/2021

8 hours

05/11/2021

develop a marketing strategy for new customers

05/ 12/ 2021

10 hours

05/ 14/ 2021

analyze current financial performance

05/15/2021

12 hours

05/18/2021

develop a customer service training program

05/19/2021

6 hours

prepare a budget for next quarter

05/22/2021

4 hours

05/23/2021

After completing this list, begin tracking your time on these tasks. Copy the form shown in the table. W27.6. Transcribe the tasks from table W27.5 onto the formuse a separate form for each task. Log the number of hours spent on the task each day and estimate the remaining hours. When the task is completed, determine the actual start date, finish date, and the total work expended.

At the end of the two weeks, could you answer the following questions?

a. How accurate were your estimates?

b. If the total actual work was higher than what you estimated, what were some of the reasons for this difference?

c. If the actual start or finish dates were later than initially planned, what caused this?

d. What are your thoughts on the process for keeping track of your time?

e. Did you log your time every day? Did you miss any days and then attempt to remember how you spent your time? If you didn't keep track of your time every day, how do you think this affected the accuracy of the information?

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