focus on ‘Bottom Up Estimating"

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focus on ‘Bottom Up Estimating"

I’m trying to study for my Management course and I need some help to understand this question.

I am Jayden from Ohio Uni, I will pay total $60 for all the work through the website ti pping system at the end as always. I hope thats enough to get me quality work. Please dear support do not forwad me tutors who bid high since i just mentioned i will pay as tip.

This is the prompt

Your company has seen important internal projects go off course during execution. After-the-fact analysis has revealed that the common factors are inadequate budget controls and inconsistencies in budget estimation. Senior management now believes that developing and integrating a set of standard control processes for both planning and execution will raise success rates.

As far as this topic is Concerned you are going to focus on ‘Bottom Up Estimating”

Using the online library, Internet, and all course materials, research your topic on the techniques used for project cost estimation, budget planning, and establishing cost baselines.

Deliverable 1 : -1 page

Write a 1-page summary on your topic (mentioned above) in a manner you can discuss with a group.

Deliverable 2: – 3-4 pages

The bottom-up estimation entails compiling a work breakdown structure (WBS). Work with your small group to complete the following:

  • Compile a step-by-step method for creating the work breakdown structure (WBS).
  • Provide the detailed scope definition, project schedule, and project budget.
  • Give special attention to the time management processes.
  • Use a hypothetical project to illustrate your group’s understanding of the WBS.

Therefore i need two documents in the end for both deliverables.

I only need the 1st deliverable in 15 hrs, i will then extend 15 more hours for the second one, so please manage your time properly coz the deadline is short.

Thank you

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