bml322 - wk 4 slides 030811
DESCRIPTION
TRANSCRIPT
BML 322 Workshop 4
Estimating....
What is Project Scope?• Planning – Refine course of actions and
requirements• Set Scope = What does DONE
look like?
• Monitor and Control project components =Total work of project
Project Scope
• Tasks, List of things that need to happen in order for your goal (s) to be met.– Develop a SOW– Identify Deliverables – Break it down using the WBS
Resources
Resources = anything that is needed to accomplish a task
Resources
What resources are need to complete these tasks?
1. Plant trees2. Schedule a status meeting 3. Design a new website4. Purchase new tools for a test lab
Resources Time Materials Facilities People Money+Equipment Anything
need to do the task
What is a SOW?
• Document that reflects the performance specifications of the project deliverables.
• Reflect scope
Statement of Work - SOW
•Deliverables + Purpose = Scope
•Used to define & guide the team = What does DONE look like?
What is a deliverable?
• Unique and verifiable product (noun)• Capability to provide a service (verb)• Result that must be produced to
complete a project, process, or phase of project
WBS
• A description of tasks arranged in layers of detail
• Decompose WBS is to create work packages
WBS• WBS – WORK PACKAGES – Project
plan • Use this to build a project logic
diagram represents the logical sequence of the activities - Schedule
• Set sequence and priorities to identify critical path and float- Estimating
Dependencies & Sequence
• What is it? • Who sets the
priority?
Going Fishing… • Buy bait• Buy license• Find fishing poles• Pack car• Get updated on the Weather• Drive to the lake • Find tackle and other gear• Charge cell phone
Critical Path & Float
• Precedence Diagram
• Project Network Diagram
Estimating• Duration • Building a
schedule
• Build it right the first time, so you can crash it!
Good Estimates$$
• Look at the whole puzzle or each piece?
Bottom-up Estimate
1. Bathroom Remodel $10398.00
1. Bathroom Remodel• Materials• Waste Removal
• Labor• Qualified
• Permit
Comparing estimates with actuals
• Same specifications
• Got what I asked for
• Am I on target?
Earned Value Management & Variances
• Am I on target?
• SV = EV – PV• CV = EV - AC
+ -
Ready?
Next Week…..• Read Chapter 10-12• Lecture will cover managing quality,
risk, and closure• Project Work • Presentations begin at 8:00pm – 20 talk/ 10 Q&A– AGS staff ?– Room location ?
• Review of the paper requirements and deadlines