Assessment 1: Budget Analysis

n this course, you will be using software and technology that is needed to complete designated activities and assessments. There is no additional cost for this software and technology. Some software packages will be made available to you at no additional cost through Capella’s subscription with Microsoft, while other software packages are available for free download through open-source licensing.

Capella University requires learners to meet certain minimum computer requirements. Please note that some software required for a course may exceed these minimum requirements. Check the requirements for the software you may need to download and install to make sure it will work on your device. Most software will require a Windows PC. If you use a Mac, refer to Installing a Virtual Environment and Windows on a Mac.

The software and technologies below are strongly recommended to support you in completing the course objectives. If you have access to other tools that you believe may still meet the requirements of this course, please discuss your selected alternatives with faculty.

If you use assistive technology or any alternative communication methods to access course content, please contact Disability Services with any access-related questions or to request accommodations.

For this course, follow the instructions provided through the links below to download and install software or register for an account, as required.

Microsoft Software:

1 If you have a Capella MS Imagine account, go to Step 2. Otherwise, see the instructions for registering an account at MS Imagine: Registration.

2 Log into the Capella Microsoft Imagine WebStore.

3 Identify the version of MS Visio 2016 and Project Professional 2016 that is compatible with your operating system.

4 Download and install.

• Project Management Institute. Guide to the Project Management Body of Knowledge (PMBOK® Guide) — Sixth Edition and Agile Practice Guide. Newtown Square. PA. 2017.

• Part 1: Section 7.1, "Plan Cost Management," pages 235–239.

• Part 1: Section 7.3, "Estimate Costs," pages 240– 247.

• Part 1: Section 7.4, "Control Costs," pages 257–269. • Kerzner, H. R. (2017). Project management: A systems

approach to planning, scheduling and controlling (12th ed.). Hoboken, NJ: Wiley.

• Section 14.12–4.12, pages 536–537. • Lombard, P. (2014). Project cost management in

practice. In Dinsmore, P. C., & Cabanis-Brewin, J. (Eds.), The AMA Handbook of Project Management (4th ed.) (pp. 123–132). New York, NY: Amacom Books.

• Marks, T. (2012). 20:20 project management: How to deliver on time, on budget and on spec. Philadelphia, PA: Kogan Page.

• Allen, M., Carpenter, C., Hutchins, M., & Jones, G. (2015). Impact of risk management on project cost: An

industry comparison. Journal of Information Technology and Economic Development, 6(2), 1–19.

• Cui, B. X., & Zhang, A. L. (2011). Talking about the project cost management. Applied Mechanics and Materials, 71–78, 4596.

• Project Management Institute. Guide to the Project Management Body of Knowledge (PMBOK® Guide) — Sixth Edition and Agile Practice Guide. Newtown Square. PA. 2017.

• Part 1: Section 7.2, "Estimate Costs," pages 240– 247.

• Part 2: Section 3.13, "Determine Budget," pages 578–579.

• Kerzner, H. R. (2017). Project management: A systems approach to planning, scheduling and controlling (12th ed.). Hoboken, NJ: Wiley.

• Sections 14.4–14.11, pages 511–536. • Rolstadås, A., Tommelein, I., Schiefloe, P. M., & Ballard,

G. (2014). Understanding project success through analysis of project management approach. International Journal of Managing Projects in Business, 7(4), 638–660.

• This article may be available in the Capella University Library.

• Zecheru, V., & Olaru, B. G. (2016). Work breakdown structure (WBS) in project management. Revista De Management Comparat International, 17(1), 61–69.

• Lichtenberg, S. (2016). Successful control of major project budgets. Administrative Sciences, 6(3), 8.

• Hajali-Mohamad, M., Mosavi, M. R., & Shahanaghi, K. (2016). Optimal estimating the project completion time

and diagnosing the fault in the project. Dyna, 83(195), 121.

• Project Management Skills. (n.d.). Project cost estimating tools & techniques. Retrieved from https://www.project- management-skills.com/project-cost-estimating.html

• Smartsheet. (n.d.). The ultimate guide to project cost estimating. Retrieved from https://www.smartsheet.com/ ultimate-guide-project-cost-estimating