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Project Management

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Project Management The Project Manager has some tasks that have to be carried out, he/she is responsible for the full project. The Project Manager has to make the best use of all the resources so the project can be completed successfully. The project Manager sets the boundaries for the project, such as schedules and what is done and when it has to be completed. There are various tasks the project manager is responsible for such as: 1) Time and resource allocation and management 2) Setting up a team structure, specifying responsibilities, lines of command and reporting 3) Motivating the team, and establishing communication channels 4) Project planning, scheduling and progress control 5) Managing and controlling change to the system …show more content…

Bottom-Up The project is broken down into two various sub-systems and estimates are made by those not responsible; these are then aggregated to provide a total estimate. Expert Judgement Ask the oracles and compare their results with your estimate. Analogy This when the system is compared to others similar in the end product, and estimation is done in accordance with the comparison. Parametric Modelling/Algorithmic This is when size and complexity are measured using arithmetic yardsticks. I think the best methods to use for pricing are top-down and bottom up. The two techniques would be combined in there usage. Top-down gives a starting estimate, which is then refined, as in top-down design, the refinement is carried out when more detail about the systems requirements are disclosed. The estimate is altered to match the system when it is split into sub-systems. An estimated figure is then given to the client, who knows the figure could decrease or increase. Bottom-up technique would not sufficient used by it as it has a large margin of error, so it would be better to combine the techniques. The estimate is based on the

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