Introduction In this paper, I will cover work breakdown structure (WBS), cost estimates, price to win (PTW) cost approach, strategies to prevent unethical practices, and promote compliance with federal guidelines. Develop three rules and three assumptions that are conditional to the cost estimate.
A work breakdown structure is a way of organizing team’s work into smaller sections which make it easier to handle instead of one big project. This will increase productivity and easier to manage throughout the process.
Work Breakdown Structure
1.0 Renovate Bldg. 222
1.1 Homework
1.1.1 Paperwork
1.1.1.1 Bldg. 222 Blueprints
1.1.1.2 Permits
1.1.1.3 Engineers
1.1.1.4 Designers
1.1.1.5 Budget Analysis
1.1.2 Foundation
1.1.2.1 Research
1.1.2.2 Test and Gather Information
1.1.2.3 Do work
1.1.3 Plumbing
1.1.3.1 Research
1.1.3.2 Test and Gather Information
1.1.3.3 Do Work
1.1.4 Electrical
1.1.4.1 Research
1.1.4.2 Test and Gather Information
1.1.4.3 Do Work
1.1.5 Make Ready Crew
1.1.5.1 Research
1.1.5.2 Test and Gather Information
1.1.5.3 Do Work
1.1.6 Office Design
1.1.6.1 Research
1.1.6.2 Test and Gather Information
1.1.6.3 Do Work
1.2 Office Equipment
1.2.1.1 Install Office Equipment
1.2.1.2 Training Customers
1.2.1.3 Order Supplies
1.2.1.4 Schedule All Services
Cost Estimates
PROGRAM SUMMARY
Total Program
Cost Elements:
Direct Labor
2,000,000
Labor Overhead 100%
2,000,000
Total Labor
4,000,000
Direct Material
A) Purchased Parts
Assignment for Week One Sarah L Bean INF 337 Integrated Cost & Schedule Control Instructor: Michael Chu 7/19/2016 to 8/22/2016 Assignment for Week One A work breakdown structure (WBS) is hierarchical structure to a project’s life cycle that display a logical demonstration of meshed activities in a project’s scope. A scope is well defined with clear tasks, standards, and specifications with the proper language for review by customers where correction or misunderstanding can be corrected. It allows a target delivery date and budget for the project with expected deliverables and work package activities. The scope is referred to as the project’s objective. The WBS is an layout of how the work ought to be performed. There is no universal standards or rules to developing a WBS. However, the WBS meshes the project scope, schedule, cost, project information structure to simplify understanding of the objective. The following essay is a simple explanation of what is a WBS and a 3 level dollhouse project using a WBS structure WBS with Relations to Deliverables, Codes, & Work Packages The idea of the WBS is to draw out the entire project information structure to the flow of progress using a summarized report to the project cost. A clear understanding of the WBS is a interrelated logical element where facilitation, estimation, resource requirements, point of control systems and network, and assigned responsibilities for the each element is planed, development, and implemented. The
Yes, Darcie is acting on a goal-based ethic by giving up part of herself for the good of the whole team. She is adhering to the goal-based ethical theory of Utilitarianism or the greatest good for the greatest number of people.
The steps designated in the Work Breakdown structure were given in five different steps. First, assessing the hardware needs of the new HRIS software. Second, obtaining the required hardware and installing the new software onto it. Third, moving all employee data and records from the old HR databases to the new, more robust HRIS system. Fourth and fifth are very similar, training for both Managers and employees in the two new systems of records, HRIS and payroll.
Decomposition is another tool that will be used to break the requirements documentation down into identifiable work portions, or a work breakdown structure (WBS). GenRays resources will be assigned to the project team based on their work experience and general project team experience to effectively perform the necessary work in the WBS.
views of costs and the labor hours this can help create an appropriate budget and validate that the
Per the text, Adams states that ethics in government contracting requires maintaining integrity in the procurement of products and services from private contractors. From the e-Activity, select two (2) components of Subpart 3.10—Contractor Code of Business Ethics and Conduct that interest you the most. Next, evaluate the level of necessity of these components that you have selected in
Work breakdown structure (WBS) showing discrete work tasks and grouped hierarchically that helps to organize and define the total work scope of the project
Cost and Value management is becoming a large part of companies competing in today’s market. According to the text, “projects and their effective management can provide organizations with a significant competitive edge through cost reduction, enhanced responsiveness, and overall value to customers.” (Venkataraman & Pinto, 2008, p. 1). In this paper we are going to focus on some of the techniques and how they can either help or hinder a project. Through information and examples we will explore the importance of work packages and the work breakdown structure (WBS), establishing a cost and schedule performance
1877. Texas Ranger JAKE FONTAINE has one obsession, to track down GRIZZLY DUVALL, the murdering backshooter who killed his brother. Ambushed, Jake’s a dead man until the gun-slinging runaway KAT COLLINS appears and saves his hide. In return, he doesn’t count on escorting her to Missouri, or promising her the reward for the outlaw. But for Kat, it’s a perfect arrangement. Her uncle wouldn’t expect her to travel with a man, and the reward will solve her money woes.
Step 5. We drafted the Work Breakdown Structure (WBS), this classified the tasks and activities needed for the doing project work.
The Work Breakdown Structure (WBS) helps develop all the work structure and responsibility structures of a project. There were different issues and inputs during the first meeting between the members. They were considering hiring some qualified referees in the playground to minimize the uneven decisions. They were also discussing about contacting local colleges to find an appropriate field and the entry fees of the players. There was confusion about rewards of the players, they have decided to contact with local corporate sponsors and collect fund. They have decided hiring an artist who will design the unique T-Shirts & Sweatshirts for the players. The WBS will be helpful for Nicolette about how to responsibly distribute, cost estimation, scheduling and resource allocation on the project. This information may also be used in future tournaments. Overall, the WBS will provide a detailed picture on the project and will help create a structure for the activities that needs to be planned and managed.
After collecting and acquiring the data for the service request for Riordan Manufacturing, I have concluded that the integration of the present system will be valuable to the corporation’s human resource department. The idea for this development will be constructed in regards to the Work Breakdown Structure (WBS). A work breakdown structure (WBS), in project managing and systems engineering, is a deliverable accommodated breakdown of a development into diminutive modules. A work breakdown structure component may be a creation, information, advantage, or any mixture thereof. A WBS furthermore delivers the essential outline for thorough cost approximating and influence along with offering direction for agenda expansion and control.
An employer can’t expect their workers to work at a faster rate with no incentive. To create a more realistic model of this department’s processes, I made adjusted the labor costs, found in case 3, which will be associated with faster and more skilled employees. With this increase in labor costs, wait times stayed the same while this change resulted in an increase in the total costs of the average price per contract bill and normal bill as well as the total cost of the system which is expected. This is a more accurate representation of how the department can improve its process since it considers the extra costs of this added
Work Breakdown Structure (WBS) is a tool that is used to define the work elements of a project and identify its entire scope. It is the map of the project which identifies all elements of the project and allows managers to keep track and control of it. It is made of a hierarchy which facilitates the evaluation of cost, time and performance at all levels of the project life-cycle and organization. The structure illustrates the smaller units and allows for adaptation and quick communication if there a problems which need to be addressed. Definitions of each task should be clear and avoid overlapping in
A work breakdown structure (WBS) will develop for this project and the WBS is based on the project charter, scope statement, and other relevant information. Gantt chart and network diagram also will be well prepared for this project. While preceding the planning stage, the resource usage cash flow report will showing the hours each person is assigned to work on each task each week. Furthermore, the probability/ impact matrix and list of prioritized risks for the project will be included in the project