Whistler Ski Resort Project

1. What is the estimated project completion date? (Assume there are no holidays and ignore the sunk cost of the planning team’s effort)

Project A: This project is new to your company. You do not feel confident in estimating the project costs using internal resources. There are other companies that have done this type of work. Yet you still want the most accurate estimates possible.

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

Describe common practices to estimate the duration of project activities as well as real reasons that cause project delays.

How many people will be involved in each project (information from the case study)? This

* By crashing Task F. by 3.5 weeks it opened up a new critical path: B, D, H, and J

Due to the notability and need for the service, staff levels will be increasing by 2 members of staff and have recently started having student which will be a continuing program. Each worker with the exception of one, within the team serves their own case load, for project workers level two the case load could hold up to 10 young people. Currently at X there are 80 cases open, this mean the service is averaging 5 young people per project worker.

The analysis of the financial projection in this report is based on the assumptions and the information which you (client) provided. These assumptions and information can be change with the passage of time. The

2. Construct a table containing the project activities using the letter assigned to each activity, the time estimates, and the precedence relationships from which you will assemble the network diagram.

Your marketing team consists of Tony (search engine optimisation and website maintenance), Marie (advertising and public relations) and Joanne an administration officer. You have asked Tony to take responsibility for the operational aspects of the project and estimate that it will take up 50% of his time over the next 11 weeks. Joanne will also be involved for about 20% of her time in attending to administration matters. You estimate that you will need to allocate 30% of your time to manage the overall project.

Planning, Scheduling and Controlling are three important functions of management. Planning involves the formulation of objectives and goals that are subsequently translated into

4. During which month of the project are the highest and lowest costs expected to

5. The project is assumed to end in year 4. Do you think that this is realistic? Can you estimate the value of the project’s operating cash flows beyond year 4? State any assumptions you made.

Formulating a network diagram, likewise alluded to as a logic diagram, in order to comprehend and envision how each task will continue is an extraordinary path to begin. It is a basic idea within project management planning that is effectively utilising as a part of application, commonly used as a part of assembling commercial enterprises, and also to outline and comprehend work processes are what service industries requires. It distinctively shows the rational rules for influencing tasks. (Holland, 2014) The development of the network diagram by incorporating the project team acquires an agreement of comprehension of how the undertaking ought to be accomplished. Nonetheless, giving a discussion to testing acknowledged

* Many IT professionals think that preparing cost estimates is a job for accountants when in fact, it is a very demanding and important skill that project managers need