The following outline provides a guide to your detailed Work Program and Project Budget development. Please apply
Question:
The following outline provides a guide to your detailed Work Program and Project Budget development.
Please apply the guidelines relative to your particular group project. For a University Cafeteria with a budget of $560,000.00
- Introduction
Provide a brief introduction, highlighting the necessary steps for developing the Project Plan and the Project Budget, and how the Risk Breakdown Structure provided you the relevant information needed to develop these two project management tools. 10marks
- Work Program
Develop the work program for your project, highlighting the project schedule from start to finish, using either Primavera P6 or Microsoft Projects software. Ensure to upload the raw project file, the PDF export of the Gantt Chart, the PDF Network Diagram, as well as the PDF export of the Resource Sheet, as provided on the chosen software you use. 40marks
- Budget
Develop the project time-phased budget (using the estimated project cost you developed in Assignment #1, or a revised version), in line with the timeline derived from the Gantt Chart of the project obtained in question 2 above. Ensure to add the risk mitigation cost from Assignment #2, as well as an estimated management reserve, to your project budget. 30marks
- Conclusion
Provide a summary discussion of the importance of these two project management tools in successful execution of your project according to plan.
Principles of Corporate Finance
ISBN: 978-0077404895
10th Edition
Authors: Richard A. Brealey, Stewart C. Myers, Franklin Allen