module 4 assessment essay component

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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…

  1. Compare and contrast the advantages and disadvantages of analogous, parametric and bottom-up estimating. (10 points)
  2. 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)
  3. 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)

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