Learning Goal: I’m working on a management question and need support to help me learn.
Projects are unique, one-time operations designed to accomplish a set of objectives in a limited time frame (Stevenson, 2021).Think about a project you did recently or a project you will soon work on and detail the following:
- Offer a brief explanation of the type of project.
- Create a Work Breakdown Structure (WBS) of the project and explain how it will help you with your project.
- Present both probabilistic (t0, tp, and tm) and deterministic time estimates and discuss how you arrived at these time estimates.
- For each activity, determine hypothetical costs in a table. Include budgeted costs, percent complete, actual/projected cost, and over/under budget (and total). Discuss the rationale for how you derived these costs.
- Finally, tell us how the project management tools helped you gain a better vision of the project.
Directions:
- assignment is required to be four to five pages in length, which does not include the title page and reference pages, which are never a part of the content minimum requirements.
- Support your submission with course material concepts, principles, and theories from the textbook and at least three scholarly, peer-reviewed journal articles. Use the Saudi Digital Library to find your resources.
- Formatted according to APA 7th edition and Saudi Electronic University writing standards.