2 Assign an approximate duration and cost for each WBS element 3 List what are

2 assign an approximate duration and cost for each

This preview shows page 1 - 2 out of 2 pages.

2) Assign an approximate duration and cost for each WBS element. 3) List what are risks that can be identified in this project. Answer: (Answer for 1 & 2) The Work Break-down Structure (WBS) of all the deliverables of installing swimming pool kits at homes is presented in below table. The break-down structure is prepared after doing lot of information gathering regarding the swimming pool installation. The below break down structure gives all the work related to pool preparation to material cost and labour cost. Perticulars Time (day=8hr) Material Cost(Rs) Labour Cost/hr (Rs/hr) Total Labour Cost Prepare the pool area Cleaning the Pool area 1 -- 40 320 Digging the Pool area 1.5 -- 40 480 Levelling the Pool area 0.5 -- 40 160 Sand bottoming the pool area 0.5 -- 40 160 Concreating Pool area Laying steel bars 1 6000 50 400 Laying water filling and filtration pipes 0.25 1500 80 160 Lighting connection setup preparation 0.25 1500 80 160 Concrete furnishing 1 8000 50 400 Waiting time for Concrete 3 -- -- Equipment Installation and piping Water filling system installation 0.75 7000 80 480 Water filtration system installation 0.75 12000 80 480 Lighting connection installation 0.75 4000 80 480 Furnishing Stone coping around the pool 2 8000 50 800 Steel Fencing and ladder to go inside the pool 1 10000 60 480 Extra Designs 2 20000 (approx.) 70 (approx.) 1120
Image of page 1
Total 16.25 78000 -- 6080 3. Risks of the project: A. As the installing swimming kits is a new line of business for the company, it shall be little difficult to get projects in the beginning. B. The company has to hire professionals for installing the swimming pool kits. C. As in the beginning, the company will face difficulty in getting g projects, the company has to face some loss on the payment of professionals they will hire for the job. D. The company shall need a supervisor for this job also, so the initial costs shall be high. E. As the company shall be new to this type of the project there shall be a chance of wrong estimation of the project costs. Regards, Chandrajyoti
Image of page 2

You've reached the end of your free preview.

Want to read both pages?

  • Summer '16
  • Arindam Sen

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture