Project Management

Assignment 1

1)    Following are elements of a WBS for a project to build a bunk bed. Using the information supplied here, create a WBS and carry out a bottom-up cost estimate.

Cost($)Rate ($/hr)Time (hrs)

Research: Jimmy' time12

Dad's time252

Materials: Lumber200

Hardware45

Power equipment rental65

Jimmy's time to acquire materials13

Dad's Time to acquire materials153

Construction:Jimmy's time18

Dad's time208

Inspection:Mom's time100.5

2) Following is a listing of items to be considered in costing a PC game development project. Use this data to develop a parametric estimate of the cost of the project.

Cost ($)Rates($/hr)Time (hr)

Resources: Designers 30100

Artists25200

Programmers251000

Work Station3000

Contracted Testing Group50100

Marketing Materials1500

Fringe benefits:30%of Direct Wages

Overhead:70%of (Direct Wages + fringes)

3) For the table below

TaskPredecessor

Duration

(in days)

Latest

start

Earliest

start

Float

(slack)

AStart5

BA,D8

CB9

DStart6

ED12

FStart12

GF7

a) Create a PERT/CPM chart

b) Identify the critical path and compute project duration

c) Compute Latest Start, Earliest Start, and Float (Slack)