estimated cost
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Below is a project WBS with cost apportioned by percents. If the total project cost is estimated to be $600,000, what are the estimated costs for the following deliverables?
Design?
Programming?
In-house testing?
What weaknesses are inherent in this estimating approach?
Exercise 5.2 WBS Figure
router systems project cost: 600,000
definition design Implementaion
10% 40% 50%
objectives Requirments
4% 6% In house tesing customer testin
40% 10%
inputs ourputs files interfaces programming
3% 3% 4% 10% 20%
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Solution Summary
What are the estimated cost. for design, programming, in-house testing?
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Design cost: 40% of 600,000 or 240,000
Programming: 20% of 600,000 or 120,000
In-house testing: 40% of 600,000 or 240,000
Some of the inherent weaknesses in this ...
Education
- BComm, University of Delhi
- Post Graduate Diploma in Management (Equivalent to MBA), All India Management Association
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