Learning Team: Project Costing

by

Business Finance

MUST HAVE ACCESS TO MICROSOFT PROJECT! I AM ONLY RESPONSIBLE FOR A PORTION OF THE FIRST BULLET. I HAVE ATTACHED WHAT WAS DONE SO FAR AND ALSO UNDERLINED AND BOLDED THE PORTIONS THAT I’M RESPONSIBLE FOR IN THE INSTRUCTIONS AS WELL AS IN THE GROUP CONVERSATION.

Team,

I have added the Labor part of resources and assigned them to project tasks =) I believe it was TDillon1979 who also has to work on bullet one. TDillon1979 if you could please add the materials section and assign them to project tasks. If there is anything that maybe i missed feel free to add to it!

The allocation and cost of resources need to be carefully monitored if a project is to be delivered on-time and on-budget.

At a minimum, this assignment will contain an update to the Microsoft® Project file submitted in Week Three, including the following:

  • Allocation of resources to project tasks (both labor and material), shown as resource assignments in the Microsoft® Project file
  • Cost estimates for project resources, entered into the resources information portion of the Microsoft® Project file
  • Develop a baseline for your project plan so that all future variances are captured

In addition, write a 1-page summary document explaining any relevant facts about the project duration, number or type of resources, critical task sequencing, or how duration estimates were arrived at, and any financial implications (for example, budget or cost reports of the project as well).

I REPEAT AGAIN I’M NOT RESPONSIBLE FOR THE WHOLE PROJECT! I AM ONLY RESPONSIBLE FOR A SMALL PORTION OF THE PROJECT. IT SHOULD ONLY TAKE A FEW HOURS TO DO. I’M GETTING BIDS TO UP THE PRICE TO $50 FOR A FEW DAYS WHEN I NEED IT DONE HOURS FROM NOW AND SHOULDN’T TAKE THAT LONG TO DO. I MAY GO UP A FEW HOURS IF NEED BE, BUT I WILL NOT GO UP IN PRICE.