Pm Scheduling Networks

(TCO A) Your manager has asked you as a project manager, How does the Bottom-Up figureing cognitive operation work? I hear the terms bottom up and top down. Explain the 4 basic steps in the bottom-up budgeting approach by identifying the organizational level (Upper Management, useful Management, and Project Management) and grammatical case of budget prep bed at from each one step. For each type of budget, explain why it is used at this level. (Points : 16) You wee-wee been requested to provide a contingency approximation for a project involving the manufacturing of a overbold television. You are provided with the spare-magazine activity component and labor trys, together with the type of estimate: Description Estimated substructure cost Type of estimate Plasma Screen $780.00 Order of Magnitude Tuner $107.00 determinate Sound circuits $45.00 Definitive Controls $65.00 Order of Magnitude Case $142.00 figure Labor $245.00 Definitive The guide retail price for the current TV is $4,995.00. New crossways are targeted for 130% markup on introduction, so that price and cost reductions stomach be interpreted as required by war-ridden pressure and bland keep the product profitable.

Your estimating department shortly defines estimate true statement as follows: Order of Magnitude -25%, +55% Budget -10%, +35% Definitive -5%, +10% (a) What cost budget do you urge for the product? (b) Will the project be approved? (c) What would you pep up to sheer or eliminate any contingency from the budget? 4. (TCO A) We have discussed the projec t plan and are taking broad snip developin! g processes for creating it. This seems to be in conflict with the exposition of the course, which is supervise and Control. Why are we taking so a lot time to develop the project plan, and how does it fit with monitoring and agree? For total credit you must provide specific reasons and honest nowifications and not just generalities. (Points : 16)If you want to get a estimable essay, order it on our website: OrderCustomPaper.com

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