Tuesday, May 5, 2020

Cost Baseline And Funding Requirements †MyAssignmenthelp.com

Question: Discuss about thee Cost Baseline And Funding Requirements. Answer: Cost Baseline Task Name Feb March April May June July Aug Sep Oct Nov Dec Jan Start of the project plan Project Management Salary of Maintenance and Administration staff 500 500 500 500 500 500 500 500 500 500 500 Cost of the suppliers 5000 2000 1000 3000 4000 2000 1000 1000 1000 Cost of meeting on progress and performance of the project 200 100 350 150 100 100 200 100 250 Campus Signage Signage of the design Design preparation 2000 1000 3000 Preparation of the prototype 1000 1500 2000 Signage of the production Purchasing of the resources 2000 2000 1000 3000 Creation of the signage 1000 2000 2000 Signage of installation Circulation of the signage 1000 2000 2000 Building of the signage 2000 1000 3000 Training and support 1000 2000 2000 Development of the project plan Goods ordered 2000 1000 2000 1000 Promotion of the local language 500 500 500 Documents maintenance 200 200 100 500 Installation of signs Signs are installed into the campus 2000 2500 1800 Proposed of waterfall project lifecycle model 2000 2500 Total 3700 2200 6600 13550 13150 5600 9600 12300 5100 5550 7000 8500 Cumulative total 3700 5900 12500 26050 39200 44800 54400 66700 71800 77350 84350 885 Funding Requirements Activities Funding required Kick off the project plan $15,000 Training and support $5,000 Installation of the signage board $10,800 Design preparation $6,000 Proposed of waterfall project lifecycle model $4,500 Management reserve $20,000 Total $61,300 Bibliography Chance, D. M., Brooks, R. (2015).Introduction to derivatives and risk management. Cengage Learning. Cherkaoui, K., Baptiste, P., Pellerin, R., Hat, A., Perrier, N. (2017). Proactive tactical planning approach for large scale engineering and construction projects.The Journal of Modern Project Management,5(1). Crawford, J. K. (2014).Project management maturity model. CRC Press. Fan, Y., Thomas, M., Anantatmula, V. (2014). A Longitudinal Study of the Required Skills of Project Managers.The Journal of Modern Project Management,1(3). Glendon, A. I., Clarke, S., McKenna, E. (2016).Human safety and risk management. Crc Press. Hopkin, P. (2017).Fundamentals of risk management: understanding, evaluating and implementing effective risk management. Kogan Page Publishers. Kerzner, H. (2013).Project management: a systems approach to planning, scheduling, and controlling. John Wiley Sons. Narbaev, T., De Marco, A. (2017). Earned value and cost contingency management: A framework model for risk adjusted cost forecasting.The Journal of Modern Project Management,4(3). Pinfield, S., Salter, J., Bath, P. A. (2016). The total cost of publication in a hybrid open?access environment: Institutional approaches to funding journal article?processing charges in combination with subscriptions.Journal of the Association for Information Science and Technology,67(7), 1751-1766. Schwalbe, K. (2015).Information technology project management. Cengage Learning.

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