Time & Cost Practices: Activities and Time Estimates
Order ID 53563633773 Type Essay Writer Level Masters Style APA Sources/References 4 Perfect Number of Pages to Order 5-10 Pages Description/Paper Instructions
Time & Cost Practices: Activities and Time Estimates
Overview and Rationale
For this assignment, you will be updating your WBS from last week and adding activities and time estimates. You will find the MsProject tutorial videos very helpful in completing this assignment.
Program and Course Outcomes
This assignment is directly linked to the following key learning outcomes from the course syllabus:
Construct a project schedule through the iterative analysis of activity sequences, dependency, durations, logical relationships, resources (materials, manpower, equipment, supplies, etc.), requirements, constraints, and assumptions
In addition to these key learning outcomes, you will also have the opportunity to evidence the following skills through completing this assignment:
Critical thinking and analysis
Technical Competency
Problem solving
Essential Components & Instructions
For this assignment, your starting point is the WBS you submitted last week. This will form the core component of your assignment.
Update your MsProject file based on any feedback given last week (Points may be lost for not updating previously submitted assignment)
Break down the Work Packages into the activities necessary to create the deliverables. (You should have a minimum of approximately 40 activity tasks; also, remember to use the Verb / Adj. / Noun format in naming activities; all activities must begin with an action verb (Examples: create, order, schedule, build, code, etc.…)) Activities are the actions you will take to create the deliverables. Use the Action Verb / Adj / Noun format in naming activities. Please see example below:
1.1 Kitchen Cabinets (Deliverable)
1.1.1 Design Kitchen Cabinets (Activity) (Action verb / adjective / noun)
1.1.2 Request Kitchen Cabinet Bids
1.1.3 Approve Kitchen Cabinet Contract
1.1.4 Install Kitchen Cabinets
Enter estimated durations for each activity created (keep resources in mind, but do not assign resources)
If effort and duration differ (and it will for many activities), adjust the task type and effort to account for difference (see this week’s lecture for a discussion on this issue). Failure to do this will lead to a significant loss of credit.
Create at least 12 activity notes that contain the following information:
Estimating method used (bottom-up, top-down, etc.
Basis of estimate (past experience, SME, vendor quote, etc.
One or two reasons why actual duration may vary from estimated duration
Add at least four milestones to your project (place milestones at key points throughout project; make milestones ‘red’ to show where they are)
Format
Below are some key guidelines you will want to ensure you follow in this assignment. Think of this short list as a quality control checklist, along with the attached grading rubric.
Activities follow the action verb / adjective / noun format
Deliverables follow the adjective / noun format
You have added sufficient activities to produce the deliverables
You have entered reasonable duration estimates, and you have differed between duration and effort (or ‘work’ in MsProject)
You have included a WBS code
You have not entered sentences or prepositional phrases in your MsProject file
Submission is free of grammatical errors and misspellings
Please be sure to review the attached rubric. It along with these assignment instructions will ensure you have a solid understanding of the assignment requirements.