Mgt150 Assignment 1

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University of Management and Technology
MGT 150 Project Management
Assignment 1

Bottom-up cost estimating exercise (Module 3, pp. 19-20)

1.0 Research
1.1 Birdhouse Book………………………………………………….……$ 30.00
1.2 Jimmy’s time to read up on birdhouses…………………….………$ 4.00
1.3 Dad’s time……………………………………………………….….…$ 80.00

2.0 Materials acquired
2.1 Lumber…………………………………………………………..…….$ 45.00
2.2 Hardware………………………………………………………..….....$ 12.00
2.2 Post…………………………………………………………..….…….$ 9.00
2.3 Jimmy’s time to acquire materials…………………………..……...$ 3.00
2.4 Dad’s time……………………………………………………..………$ 60.00
2.5 Rent power equipment…………………………………….….……..$ 35.00

3.0 Bird house built
3.1 Jimmy’s time…………………………………………………………..$ 5.00
3.2 Dad’s time…………………………………………………..…..……..$100.00

4.0 Bird house inspected
4.1 Mom’s time……………………………………………………..……..$ 10.00

TOTAL PROJECTS COSTS….………………………………………….$393.00

Parametric cost estimate exercise (Module 3, pp. 43-44)

Labor costs
1. Designers……………………………………………………..…..…….$ 3,000.00
2. Systems Analysts…………………………………………….…..…….$ 5,000.00
3. Programmers………………………………………………….…..……$ 22,000.00
Subtotal: Direct Wages……………………………………..…..$ 30,000.00
Fringe benefits (30% of Direct Wages): ……………..………….…..…$ 9,000.00
Total direct wages plus fringes……………………………..…..$ 39,000.00
Overhead (70% of [direct wages + fringes]): ………………….……….$ 27,300.00
Subtotal: Total wage-related costs…………………….….......$ 66,300.00

Other
1. Work station……………………………………………………..……..$ 3,500.00
2. Contracted test group…………………………………………..……..$ 2,500.00
3. Printing of user manuals………………………………………..…….$ 2,500.00

TOTAL PROJECT COSTS……………………………………..$ 74,800.00

For the table below
* Create a PERT/CPM chart
* Compute project duration
* Compute Latest Start, Earliest Start, and Float (Slack)

Task| Predecessor| Duration(in days)| Lateststart| Earlieststart| Float(slack)| A| Start| 6| Day 1| Day 0| 1|
B| A, D| 8| Day 7| Day 7| 0|
C| B| 10| Day 15| Day 15| 0|
D| Start| 7| Day 0| Day 0| 0|
E| D| 12| Day 13| Day 7| 6|
F| Start| 12| Day 1| Day 0| 1|
G| F| 12| Day 13| Day 12| 1|

Project Duration = 25 Days

C
10 Days
C
10 Days
B
8 Days
B
8 Days
A
6 Days
A
6 Days

E
12 Days
E
12 Days
D
7 Days
D
7 Days

End
End
Start
Start

F
12 Days
F
12 Days
G
12 Days
G
12 Days

Exercise 3-2 (Module 3, p. 61)

Create:
1. Responsibility matrix
Resources|
Tasks| George| Martha| Mary|
Task A| Week 1| --| Week 1|
Task B| Week 2| Week 1| Week 2|
Task C| Week 2| Week 3| --|

2. Resource Gantt (make sure you get the axes of the chart right!) Task A| | | |
George| | | |
Mary| | | |
| | | |
Task B| | | |
George| | | |
Martha| | | |
Mary| | | |
| | | |
Task C| | | |
George| | | |
Martha| | | |
| | | |
| Week 1| Week 2| Week 3|

3. Resources histogram for George (make sure you get the axes of the chart right!) Number ofPeopleNeeded| Planning Allocation of George|
| 3| | |
| 2| | |
| 1| | |
| Week 1| Week 2| Week 3|

Exercise 3-3 (Module 3, pp. 63-64)

Assumptions - Siding is installed by roofers after roof is completed and landscaping is completed after all exterior work is completed.

1. Create a Gantt chart from the following work breakdown structure. Excavate| |
Pour foundation| |
Frame house| |
Wire house| |
Emplace plumbing| |
Put up siding| |
Lay down roofing| |
Put up drywall| |
Paint interior| |
Paint exterior trim| |
Landscape| |
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46|

2. Create a PERT/CPM network...
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