Estimate Project Cost

Introduction

In this two-week project, you will work with a project team made up of your fellow students using basic project management skills to plan for the design, construction, outfitting, and stocking of a new retail store in Brazil for your US-based home improvement company. As this is the first time the company has opened a store in an international market, your team will blaze a new trail for the company and set the example for future international expansion.

This project will require you and your team to create several deliverables using templates provided in the steps below to ensure that the new store is fully operational by the target date. You will have two weeks to complete all nine steps.

Recall that by the end of Week 2 in Project 1, you should have completed several tasks in preparation for this project: (1) joined a team, (2) posted your team agreement to your group discussion area, (3) posted your project work plan to your group discussion area, (4) downloaded and installed Microsoft Project on your personal computer, or have access to it, and (5) completed MS Project Practice Exercise.

To get started, click Step 1: Become Familiar with Project Scope.

Competencies

Your work will be evaluated using the competencies listed below.

· 1.1: Organize document or presentation clearly in a manner that promotes understanding and meets the requirements of the assignment.

· 1.2: Develop coherent paragraphs or points so that each is internally unified and so that each functions as part of the whole document or presentation.

· 1.3: Provide sufficient, correctly cited support that substantiates the writer's ideas.

· 1.6: Follow conventions of Standard Written English.

· 1.7: Create neat and professional looking documents appropriate for the project or presentation.

· 2.2: Locate and access sufficient information to investigate the issue or problem.

· 2.4: Consider and analyze information in context to the issue or problem.

· 3.1: Identify numerical or mathematical information that is relevant in a problem or situation.

· 3.4: Employ software applications and analytic tools to analyze, visualize, and present data to inform decision-making.

· 4.1: Lead and/or participate in a diverse group to accomplish projects and assignments.

· 4.2: Demonstrate the ability to plan and execute a project, articulating clear objectives and goals for the team.

· 4.3: Contribute to team projects, assignments, or organizational goals as an engaged member of a team.

· 4.4: Demonstrate diversity and inclusiveness in a team setting.

· 5.4: Resolve workplace conflicts using the optimal approaches and techniques for the situation and involved parties.

· 6.1: Identify the general (external) environment in which an organization operates and discuss the implications for enterprise success.

· 7.4: Analyze the impact of international and foreign laws on US organizations acting domestically and abroad.

· 9.2: Evaluate how human capital serves as a source of competitive advantage.

· 9.3: Apply the principles of employment law for ethical practices and risk mitigation.