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Complete 5 page APA formatted essay: ELD Project.Creating the work breakdown structure (WBS) is necessary not only in project planning but also when managing the project costs and scheduling (Schwalbe
Complete 5 page APA formatted essay: ELD Project.
Creating the work breakdown structure (WBS) is necessary not only in project planning but also when managing the project costs and scheduling (Schwalbe 198). Basically, the main purpose of WBS is to enable the project manager to group the work deliverables as identified in the project scope. In relation to the ELD project, the following is the work breakdown structure:
Precedence Diagramming Method (PDM) is basically a type of network-based scheduling technique whereby each task is being represented by either nodes or boxes. and that each of the identified tasks is being linked by the precedence relationship (Bullen, LeFave and Selig 317). Doing so enables the project manager to effectively present the sequence in each task that needs to be performed. Applicable to the ELD project, the following is the PDM:
When it comes to pre-determining the required time to complete the ELD project, the process of conducting the Program Evaluation and Review Technique (PERT) analysis is necessary because it adopts the use of a three-point estimates. Other than trying to depict the presence of interrelated tasks, the PERT diagram can also be used when tracking the pre-identified tasks (DuBrin 203).
Gannt charts are useful when it comes to the tracking the schedule or progress of the actual project (Gido and Clements 121). Based on the PERT diagram presented on page 5, the following is the schedule of the ELD project:
The estimate activity resource was purposely conducted to determine the rough estimate of available resources and time required to complete certain tasks within the project schedule (Heldman and Mangano 88). Basically, this section aims to determine both human and non-human resources and quantities needed when scheduling the required work activities. As such, the following is the estimate activity resources of the ELD project:
Cost management requires the process of controlling the project costs through budgeting. As such, it is
