OMGT 4783 Ch 5 Assignment

OMGT 4783 Ch 5 Assignment - 2.c. In-house testing 40% of...

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  Dream House Mr. and Mrs. Serge Tolstoy 31 Jan 2011, OMGT 4783, Project Management “The managerial process” Ch 5 Ex #1, page  147  
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  Task: 1. a. What is the estimated cost for the Tolstoy’s house if they use contractors to complete the entire house? 2900x120=$348,000 1.b. Estimate what the cost of the house would be if the Tolstoy’s use their talents to do some of the work themselves. Reduce total price by plumbing roughed in @ 6% ($20,880) + plumbing fixtures installed @4% ($13,920) + interior decorating @ 4% (13,920) – for a reduction totaling $48,720. $348,000 - $48,720=$299,280 2. If the project cost is estimated to be $600,000, what are the estimated costs for the following deliverables? 2.a. Design – 40% (sum of all design tasks) of $600,000 = $240,000 2.b. Programming – 20% of $600,000 = $120,000
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Unformatted text preview: 2.c. In-house testing 40% of $600,000 = $240,000 3.a. What is the estimated project duration? (10x2)+(20x6)+(10x4)+(30x12)+(50x15)=1290 function points, 1290 6 persons can do 30 function points a month, so 1290/30=43 months 3.b. If 20 people are available for the project, what is the estimated project duration? 20 persons can do 100 function points a month, so 1290/100=12.9 months 3.c. If the project must be completed in six months, how many people will be needed for ht project? The function points can be found as 6=1290/X, or X=1290/6=215 (function points) The number of people can be found as #=215 function points/5 function points/person), or #=43. 31 Jan 2011, OMGT 4783, Project Management The managerial process Ch 5 Ex #1, page 147...
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This note was uploaded on 05/16/2011 for the course OMGT 4783 taught by Professor Richardson during the Winter '11 term at Arkansas.

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OMGT 4783 Ch 5 Assignment - 2.c. In-house testing 40% of...

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