project paper 2
In project Part 2, we create a schedule and accurate budget for your project. You need to focus on detailed cost estimating, scheduling, and cost justification. Estimating includes specific assumptions made during the estimating process, as well as quantities, unit prices, hourly rates for tasks, and accumulated totals. You must justify all of your costs; this includes direct, indirect, variable, fixed, and overhead.
The CP-2 Project Proposal will be structured with the following sections.
- Cover page including assignment, project title, course, and student contact information
- Executive summary summarizing the content from the entire document with quantifiable highlights, such as overall cost, duration, and so on
- Project scope statement describing the project
- Resource loaded WBS and schedule with proper grouping, indenting, and coding for approximately 25 to 40 line items. This also needs to include a work package, deliverables, and activities, activity relationships, activity durations, and activity resources.
- Cost estimates for each activity. Capital cost estimates should include building, franchise fees, equipment, and so on, if required for your project.
- Cost assumptions including a list of assumptions made when deriving your estimates
NOTE: Each section should include the detail as described above, along with a proper discussion about the included data as well as the project manager's analysis and interpretation of the information.
Submission Requirements
- The assignment should be submitted as two files: one MS Word file for the scope statement and documentation excerpt for the WBS; and one MS Project file containing the project WBS, schedule, resource loading, and budget information.
- CP-2 must include a cover page.
- As a guide, the body of CP-2 should be between five and 10 pages in length (i.e., not including cover page, appendix, and MS Project file).
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