Words of Wisdom:

"A friend is someone you can depend on through sad and happy times." - The_x_files120002002

Devry Proj 592 Week 8 Final Exam - Latest

  • Date Submitted: 11/06/2015 12:02 AM
  • Flesch-Kincaid Score: 63.8 
  • Words: 1552
  • Essay Grade: no grades
  • Report this Essay
Devry PROJ 592 Week 8 Final Exam - Latest
IF You Want To Purchase A+   Work then Click The Link Below For Instant Down Load
http://www.acehomework.net/wp-admin/post.php?post=1418&action=edit
IF You Face Any Problem Then E Mail Us At   JOHNMATE1122@GMAIL.COM
Devry PROJ 592 Week 8 Final Exam - Latest
Question 1. | Question : | (TCO B) Estimating Procedures
(a) You are the project manager for a new high-rise office building. You are working on estimating the exterior landscaping for the new development. The landscaping requires the use of a special landscape stone. Based on recent experience, the most likely price for the material is $120.00/ton. However, the price for this stone is volatile, and the price fluctuates over time based on market conditions and material availability. The most optimistic price estimate is $100.00/ton, and the most pessimistic estimate is $200.00/ton.What is the expected price of the material?

(b) In addition to price fluctuations, you are also uncertain of how much of the material will be required for the project. Scope changes and site conditions will affect the amount of material actually needed. The most likely amount required is 36 tons. However, as little as 32 tons or as much as 44 tons might be required.What is the expected amount of the material needed for the project? Round to two decimal places.

(c) Using the estimates from (a) & (b) what is the expected cost for the material over the life of the project using the COMPLEX method? |
|
|
Question 2. | Question : | (TCO B) Contingency Allowance:
You are a project manager for the development of Motorola's new 4G, HD, Touch Screen Cell Phone which is supposed to take the cell phone industry by storm. Listed below are the initial cost estimates for the materials and labor for one of the phones:
ITEM | COST
ESTIMATE | TYPE OF ESTIMATE |
Case | $15.00 | Order of Magnitude |
Handset | $12.00 | Definitive |
Labor | $2.00 | Definitive |
Speaker | $2.50 | Budget |...

Comments

Express your owns thoughts and ideas on this essay by writing a grade and/or critique.

  1. No comments