Budget Estimating (100 points)
This assignment consists of 2 parts: questions about budget estimation and developing a budget.
Part 1 Questions (10 points)
Provide responses to the following questions
1. You are providing a review of contractor bids for a component of your upcoming project. What can be done to determine whether or not a vendor’s bid is reasonable?
2. Describe the conditions for which parametric, analogous and bottom up estimation techniques work best, and provide 2 examples in support of each method.
3. Why is a cost management plan important? How does the plan benefit the project manager?
Part 2 Budget Estimating (30 points)
Using the same scenario from the previous unit on scheduling, create a time-phased budget for the following project. Prepare a figure like Exhibit 10.9, CPT 4e, that illustrates the daily and cumulative costs for the resource-leveled project.
Assume the following hourly rates:
Alcides $45 / hr.
Joan $50 / hr.
Activity ID
Activity
Immediate Predecessor
Duration in days
Resource
Work Hours per Day
A
Evaluate freezers
2
Alcides
6
B
Chart temperatures
6
Joan
4
C
Review service record
2
Alcides
D
Consult with HVAC engineer
A, B, C
3
Alcides
E
Develop construction plan
D
10
Joan
F
Complete IC assignment
E
2
Alcides
G
Complete ROI analysis
E
5
Joan
H
Conduct regulatory review
E
4
Joan
I
Obtain construction approval
F, G, H
2
Alcides
Part 3 Budget Estimating (50 points)
You are the project manager for a process improvement project for Company XYZ. Prepare a figure like Exhibit 10.9 that illustrates the weekly and cumulative costs for the resource-leveled project.
Hint: To accomplish this exercise, you’ll need to create a project schedule in MS Excel (or by hand), create resource assignments, assign costs to each resource, and assign the resources to each task. Some resource leveling will be required.
In this project, you have 3 employees: Ann, Becky and Clive. Each person is limited to the amount of time allocated to your project. Ann and Becky are available 30 hours/week; Clive is available 20 hours/week. There hourly rates are: Ann: $60/hour; Becky: $35/hour; and Clive: $50/hour.
WBS
Activity
Immediate Predecessor
Estimated Duration in weeks
Resource
1
Process Improvement Project
1.1
Operational definition
1.1.1
Research literature
3
Becky
1.1.2
Identify and define terms
1.1.1
1
Ann
1.1.3
Obtain approval of definition
1.1.2
2
Clive
1.2
Target Selection
1.2.1
Solicit partners for pilot
2
Ann
1.2.2
Hold brainstorming meeting
1.2.1
2
Becky
1.2.3
Identify characteristics of targets
1.2.2, 1.3.1
1
Ann
1.2.4
Obtain approval of partners
1.2.3, 1.1.2, 1.3.4
1
Clive
1.3
Question set
1.3.1
Identify process group members
2
Clive
1.3.2
Develop question set
1.2.3
4
Ann
1.3.3
Prototype and validate question set
1.3.2
3
Becky
1.3.4
Add partners
1.3.1, 1.2.1
3
Becky
1.4
Pilot process
1.4.1
Schedule with target audience
1.2.4
2
Becky
1.4.2
Conduct beta ...
Budget Estimating (100 points)This assignment consists of 2 part.docx
1. Budget Estimating (100 points)
This assignment consists of 2 parts: questions about budget
estimation and developing a budget.
Part 1 Questions (10 points)
Provide responses to the following questions
1. You are providing a review of contractor bids for a
component of your upcoming project. What can be done to
determine whether or not a vendor’s bid is reasonable?
2. Describe the conditions for which parametric, analogous
and bottom up estimation techniques work best, and provide 2
examples in support of each method.
3. Why is a cost management plan important? How does the
plan benefit the project manager?
Part 2 Budget Estimating (30 points)
Using the same scenario from the previous unit on scheduling,
create a time-phased budget for the following project. Prepare a
figure like Exhibit 10.9, CPT 4e, that illustrates the daily and
cumulative costs for the resource-leveled project.
Assume the following hourly rates:
Alcides $45 / hr.
Joan $50 / hr.
Activity ID
Activity
Immediate Predecessor
Duration in days
Resource
Work Hours per Day
A
Evaluate freezers
2
Alcides
2. 6
B
Chart temperatures
6
Joan
4
C
Review service record
2
Alcides
D
Consult with HVAC engineer
A, B, C
3
Alcides
E
Develop construction plan
D
10
Joan
F
Complete IC assignment
E
2
Alcides
G
Complete ROI analysis
E
5
Joan
3. H
Conduct regulatory review
E
4
Joan
I
Obtain construction approval
F, G, H
2
Alcides
Part 3 Budget Estimating (50 points)
You are the project manager for a process improvement project
for Company XYZ. Prepare a figure like Exhibit 10.9 that
illustrates the weekly and cumulative costs for the resource-
leveled project.
Hint: To accomplish this exercise, you’ll need to create a
project schedule in MS Excel (or by hand), create resource
assignments, assign costs to each resource, and assign the
resources to each task. Some resource leveling will be
required.
In this project, you have 3 employees: Ann, Becky and Clive.
Each person is limited to the amount of time allocated to your
project. Ann and Becky are available 30 hours/week; Clive is
available 20 hours/week. There hourly rates are: Ann:
$60/hour; Becky: $35/hour; and Clive: $50/hour.
WBS
Activity
Immediate Predecessor
Estimated Duration in weeks
Resource
4. 1
Process Improvement Project
1.1
Operational definition
1.1.1
Research literature
3
Becky
1.1.2
Identify and define terms
1.1.1
1
Ann
1.1.3
Obtain approval of definition
1.1.2
2
Clive
1.2
Target Selection
1.2.1
Solicit partners for pilot
2
Ann
1.2.2
5. Hold brainstorming meeting
1.2.1
2
Becky
1.2.3
Identify characteristics of targets
1.2.2, 1.3.1
1
Ann
1.2.4
Obtain approval of partners
1.2.3, 1.1.2, 1.3.4
1
Clive
1.3
Question set
1.3.1
Identify process group members
2
Clive
1.3.2
Develop question set
1.2.3
4
Ann
1.3.3
Prototype and validate question set
1.3.2
3
Becky
1.3.4
Add partners
6. 1.3.1, 1.2.1
3
Becky
1.4
Pilot process
1.4.1
Schedule with target audience
1.2.4
2
Becky
1.4.2
Conduct beta test
1.3.4, 1.2.4
2
Clive
1.4.3
Process feedback from target audience
1.4.2
2
Ann
1.4.4
Conduct pilot
1.4.3
2
Clive
1.4.5
Analyze results
1.4.4
2
Clive
Mechanics (10 points)
Part 1 responses should be presented in a question-response
7. format. Use Arial font with 11 point. There is no word limit.
Your Instructor will use Turn-it-in to ensure your paper is
authentic work. To avoid plagiarism, see the course home page
for more information and use the Purdue Online Writing Lab to
learn how to paraphrase, summarize and cite the references you
use in all academic writing assignments.
Parts 2 and 3 Use MS Excel (MS Project is not acceptable) to
create the budget estimate and present it similar to Exhibit
10.9. Show intermediate steps (schedule, resource schedule
assignments, resource-leveled schedule and any other elements
needed to create the time-phased budget estimate.
It is expected that each part of this assignment have excellent
mechanics (presentation, grammar and spelling) and exhibit the
quality of work capable of a group of graduate students and
working professionals. All sections of the document submitted
must be readable at 100% magnification.
EDUC 745
Discussion Board Instructions
In Modules/Weeks 1 and 8, you are required to participate in
Discussion Board Forums that are designed to facilitate a
community learning experience through threads and replies
mimicking face-to-face discussion. Please follow the specific
guidelines explained below as well as those outlined in the
grading rubric.
THREAD:
For each forum, post a thread in response to the topic prompt
provided. Your thread must contain a minimum of 250 words
and a maximum of 300 words and demonstrate course-related
knowledge. This promotes writing that is thorough yet concise
enough to permit your peers to read all of the threads. Each
thread must adhere to current APA writing guidelines and any
references included in the thread must be formatted in current
8. APA style. Since this is a personal discussion, you are allowed
to use first-person perspective; however, you must maintain
professional decorum in all your threads and replies.
REPLIES:
After reading all of your classmates’ threads, you must post
replies to a minimum of 3 of your classmates’ threads. Each
reply must be at least 125–150 words in length.All replies must
adhere to current APA writing guidelines.
Be sure to click reply within the thread in which you intend to
respond. Also, please note that “I like what you said,” “That’s a
good comment,” and “I disagree with your comment” do not
count as a complete reply in and of themselves. However,
stating why you liked or disliked the comment, adding
additional thoughts or ideas to the original comment, and/or
providing alternative ideas or thoughts when you disagree,
count as a reply. Courtesy in any disagreement is expected.
Thus, personal attacks are not acceptable and will count against
your grade.
Since one of the goals of the Discussion Board is to encourage
student community learning, the instructor will not reply to
every thread and reply. Rather, the instructor will reply to a few
threads in a way that adds to the conversation, asks a pertinent
question, or summarizes some of the key points made by
students.
Submit your threads by 11:59 p.m. (ET) on Thursday of the
assigned module/week and your replies by 11:59 p.m. (ET) on
Sunday of the same assigned module/week.
Running head: BIBLICAL PERSPECTIVE
1
BIBLICAL PERSPECTIVE 3
9. Biblical Perspective
Student’s Name
Institutional Affiliation
Biblical Perspective
The organizational challenge was based on the conflicting roles
between employees and various departments. From a biblical
viewpoint, people can have equal roles, but when conflict
arises, the primary process to be involved in conflict resolution.
For instance, Proverbs 15:1 says that “A gentle answer turns
away wrath, but a harsh word stirs up anger.” The verse applies
to finding solutions to the organizational problem by looking at
the challenge from various perspectives.
A gentle answer is based on the positive feedbacks that are
given during conflict resolution. When employees are involved
in a conflict, instead of negatively reacting to the situation, the
management should e optimistic about the situation and offer
positive comments. For instance, when an employee feels
offended by a senior executive, the human resource department
should focus on establishing the cause of the matter (Winston,
2018). Also, they should condemn the behavior and not the
person that has wronged the other. Condemning a person is like
using harsh words in a conflict resolution process. The outcome
could be poor work relations in the organization since one party
will lack trust in the organizational policies.
Also, the bible encourages people to rely on better judgment
when interacting with others, as well as having higher empathy
10. practices. Biblically, one should judge others the way they
would prefer to be judged. Therefore, in the organization
setting, the members must have better decision-making skills
that would ensure unity among them (Winston, 2018). When
conflicts arise, compassion should play a critical role by
looking at the matter from each other’s perspective instead of
blame games. With biblical practices, the organizational
conflict resolution process is enhanced.
Reference
Winston, B. E. (2018). Biblical principles of hiring and
developing employees. New York: Palgrave Macmillan.
EDUC 745
Discussion Board Forum 1 Grading Rubric
Criteria
Levels of Achievement
Content 70%
Advanced
Proficient
Developing
Not Present
Thread – Content
12 points
All key components of the Discussion Board Forum prompt are
answered in the thread. The thread has a clear, logical flow.
Major points are stated clearly. Major points are supported by
good examples or thoughtful analysis.
10 to 11 points
Most of the components of the Discussion Board Forum prompt
are answered in the thread. The thread has a logical flow. Major
points are stated reasonably well. Major points are supported by
good examples or thoughtful analysis.
1 to 9 points
The Discussion Board Forum prompt is addressed minimally.
The thread lacks flow or content. Major points are unclear or
11. confusing. Major points are not supported by examples or
thoughtful analysis.
0 points
The thread has not been submitted.
Replies – Content
9 points
Each reply focuses on a meaningful point made in another
student’s thread. Each reply provides substantive additional
thoughts regarding the thread and an explanation of why the
student agrees or disagrees with the idea presented in the
thread. Each reply is clear and coherent.
Three replies submitted
8 points
Replies generally focus on a meaningful point made in another
student’s thread. Replies generally provide substantive
additional thoughts regarding the thread and an explanation of
why the student likes or dislikes the idea presented in the
thread. Each reply is clear and coherent.
Three replies submitted
1 to 7 points
Replies somewhat focus on a point made in another student’s
thread. Replies could be more substantive regarding the thread.
Replies lack clarity and coherence.
Fewer than 3 replies submitted
0 points
No replies have been submitted.
Structure 30%
Advanced
Proficient
Developing
Not Present
Thread – Grammar, Spelling, and Current APA Formatting
3 points
Spelling and grammar are correct. Sentences are complete,
clear, and concise. Paragraphs contain appropriately varied
sentence structures. Where applicable, references are cited in
12. current APA format.
2 points
There are some spelling and grammar errors. Sentences are
presented well. Paragraphs contain some varied sentence
structures. Where applicable, references are mostly cited in
current APA format.
1 point
Spelling and grammar errors distract the reader. Sentences are
incomplete or unclear. Paragraphs are poorly formed. Where
applicable, references are minimally or not cited in current APA
format.
0 points
The thread has not been submitted.
Thread – Word Count
3 points
The thread is 250–300 words.
2 points
The thread is 225–249 words.
1 point
The thread is 200–224 words.
0 points
Thread is fewer than 200 words or was not submitted.
Replies – Word Count
3 points
Replies are 125–150 words each.
2 points
Replies are at least 101-124 words each.
1 point
A minimum word count of 100 words is met for each reply.
0 points
Replies fewer than 100 words each or was not submitted
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