module 4 assessment essay component
Requirements…
Answer the following essay questions. in a Word document. State your answers in your own words, in complete sentences, and give complete answers/explanations with examples where applicable. Please name your Word document “Last name, First name – Essay4” and your Microsoft Project document “Last name, First name – MSProject4”
Assignment…
- Compare and contrast the advantages and disadvantages of analogous, parametric and bottom-up estimating. (10 points)
- You are the project manager in charge of the construction of a new school building. Give one possible example each of a known known, known unknown, and unknown unknown you might encounter. (10 points)
- MS Project (30 points)
Complete the following in Microsoft Project 2013 or later:
Open the MS Project Assignment – Essay 4 Starting Point and make the following changes:
- Create the following “Work” Resources and assign costs to them, as appropriate, to create a project budget (3 points)
- John Smith
- Beth Jones
- Jennifer Williams
- Mike Whitman
- Joanna Edwards
- Temporary Worker
- Create the following “Material” Resources and assign costs to them, as appropriate, to create a project budget (3 points)
- Concrete
- Paint
- Siding
- Create the following “Cost” resources (3 points)
- Permits
- Inspection Fees
- Contingency Reserve
- Management Reserve
- Define a “resource” calendar for Mike Whitman with a week of vacation during the project schedule (2 points)
- Define Beth Jones to work only part-time (2 points)
- Assign your work resources to tasks, ensuring that you have people working on each task that requires people. (10 points)
- You may need to create more work resources so you do not have any that are overallocated. Feel free to add as many work resources as you deem necessary.
- Resolve any resource overallocations (2 points)
- Assign material resources to tasks, as appropriate. At a minimum, you must use a quantity greater than 1 of each material resource on at least one task. (2 points)
- Assign cost resources to tasks, as appropriate. At a minimum, you must use each of your cost resources at a cost greater than $0 on at least one task. (2 points)
- View your project budget (View the Gantt Chart Cost Table)
- Verify the cost of all of your tasks.
- Save your file with the Gantt Chart Cost Table visible – it must open to this sheet when I open it (1 point)