Project Delivery System For The State Of Texas

This cost will grow at 5% per year, over the course of the project, to account for cost of living and salary increases.

The terminal growth rate is the average growth rates from 2007 to 2011. Combining with previous cash flows of 5 years, the whole future cash flows are:

The product cost per unit under absorption costing is $15.00 and under variable costing are 10.60.

592 Week 1 DQ 1 WBS Construction PROJ 592 Week 1 DQ 2 Project Cost Estimates and Assumptions PROJ 592 Week 2 DQ 1 Cost Components PROJ 592 Week 2 DQ 2 Estimating Processes PROJ 592 Week 3 DQ 1 Project Schedules PROJ 592 Week 3 DQ 2 Sensitivity Analysis PROJ 592 Week 4 DQ 1 Resource Allocation and Leveling PROJ 592 Week 4 DQ 2 Advanced Schedule Techniques PROJ 592 Week 5 DQ 1 Earned Value Calculation PROJ 592 Week 5 DQ 2 Project Monitoring and Control & EV PROJ 592 Week 6 DQ 1 Forecasting Project Completion Cost PROJ 592 Week 6 DQ 2 Project Control PROJ 592

The paper is divided into three sections, the first of which will establish a timeline of events. This project background will serve as a case study for the analysis in the following section that will be structured such that each of the previously mentioned facets will be independently analyzed and contrasted with project management principles. Finally the paper will conclude with a summary of the analysis and recommendations based on

Project Management Institute. (2000). _A Guide to the Project Management Body of Knowledge (4th ed.)._

Cost + percent of cost is the method of payment which is related to the cost of the job, the larger the cost of the job the higher the amount of fee that is to be paid by the owner. There is a little incentive to be efficient and economical in the construction but is subjected to abuse. Cost + fixed fee is paid regardless of the variation of the reimbursable cost factor. This method gives contractors an incentive to get the job done as quickly as possible in order to recover his fee over the shortest time frame.

In today’s competitive economic climate, most project managers and organizational leadership has concluded the importance of the positive impact that project management leadership has contributed to the organization and on their projects and programs. This positive impact has caused most organizations to implement Project Support Offices (PSO). Within the Project Support Offices (PSO) there will be an understanding of the importance of the as-is and the to-be process is to managing projects and programs. The Project Support Office (PSO) uses this very effective technique in transforming vision into results. This technique is used to develop and populate an As-Is and To-Be diagrams. The As-Is diagram depicts the present state of the organizations, project or program process, culture, and capabilities. The To-Be diagram depicts the desired future state of how the organizations process, culture, and capabilities will look in the future. This case study reviews the goals confronted by the Pizza Delivered Quickly (PDQ) business while further developing the multiple related sub-systems to achieve the Pizza Delivery Quick (PDQ) requirements and be able to manage the project (Wysocki, 2012).

A Bill of Quantity is basically a listing by trade of certain construction components that make up the total project. The project may be a building. The Bill of Quantity documents quantities for each element of the building type such as cubic meters of concrete foundations or square meters of roofing material. Bill of Quantity is used frequently to assist in developing tenders or bids for projects. The Bill of Quantity will be provided by the quantity surveyor. Once the quantity of concrete footing is known a unit price to cover for material, labor and equipment is applied to develop the cost of each line item or component. The total project is basically include of all the individual line items.

The Global Infrastructure Group, a subsidiary of the Global Financial Corporation, is an international conglomerate specializing in developing technologies and solutions for the Global Financial Corporation. This proposal for the Global Infrastructure Group will advise on what requirements the organization can best implement for a comprehensive project management system that can be used in a global organization that has small-, medium-, and large-scale projects. This proposal will

The cost planning is one of important phases for project management. It will goes through whole project’s life cycle. It is foundation of project and it will tell the project are measured, reported and controlled in every process. Estimating is the process of forecasting or approximating the time and cost of completing project deliverables.

Cost controlling means amending the cost of project by monitoring project status and controlling variation of the cost base line. From this case, I found that some methods were done for the cost change. The methods are list as following:

2. The total expected cost per unit was $205.7 per unit and the actual cost per unit was $211.93 per unit. See Exhibit 2.

Project Cost Management – controlling the cost of the project, which includes estimating, budgeting, financing, funding, and managing costs of each task.

period (based on operating schedules and budgets) in terms of materials used, labor cost, and overhead cost, and then determining how much of this production, if any, was used to build up