Posted: March 4th, 2021

Topic: Project Resources Pt. 2 module 6

Management
Topic: Project Resources Pt. 2 module 6
Paper details:

Essay Questions-Respond to each essay question with a minimum of 250 Words. Cite your sources and include references for each.

Essay question 1: Assume that several of the resources assigned in your project to complete activities are robotic machines rather than staff. How would you determine the cost of the machine that is applied to the project cost? Describe the steps you might take.

Essay question 2: When staff resources are assigned to the project, there are several costs to consider including the salary or hourly wage and miscellaneous employee overhead costs such as benefits. What costs should and should not be considered when applying staff costs to the project?

Essay question 3: If you had the option to expedite deliverables by having project team members work longer hours, or paying the costs of additional staff, which would you choose? Describe how you would proceed and explain your rationale.

Essay question 4: Assume that you are managing a project that uses team members from two locations. Each location employs staff using different schedules and shifts. Describe how you might manage resource assignment in this situation without interfering with employee schedules.

Essay question 5: Employees who are assigned to project teams often normally work in functional departments. Each department includes supervisors, managers, and a department director. Should a project manager include some portion of the department management costs in the cost of the employees assigned to the project? If so, discuss how you might do this.
reading:
Text

Project Management Institute. (2007). A guide to the project management body of knowledge (PMBOK® Guide). Newtown Square, Pa: Project Management Institute. Section 6.4, 6.5
Kerzner, H. (2017). Project management: a systems approach to planning, scheduling, and controlling. Hoboken, NJ: Wiley. Pages 501-511
Project Libre User Manual Pages 15-18 https://docs.google.com/file/d/0B08DRNpPMjwJT053QzNJenBId1k/edit
Articles

Wheatley, M. (2006 – Write a paper; Professional research paper writing service – Best essay writers). Do more with less. PM Network, 20(3), 28–34.
O’Neil, J. (1999). Short-staffed? Maximize scarce resources with knowledge resource planning. PM Network, 13(2), 37–41.
Shouche, S., Borthakur, A., & Mate, N. (2006 – Write a paper; Professional research paper writing service – Best essay writers). Quantitative project management—use of metrics for effective project management. Paper presented at PMI® Global Congress 2006 – Write a paper; Professional research paper writing service – Best essay writers—Asia Pacific, Bangkok, Thailand. Newtown Square, PA: Project Management Institute.
Zwikael, O. (2009). The relative importance of the PMBOK® guide’s nine knowledge areas during project planning. Project Management Journal, 40(4), 94-103. Retrieved from
Marion, J.W., and Richardson, T.M. (2014: 2024 – Essay Writing Service | Write My Essay For Me Without Delay). “Using PERT Analysis with Critical Chain Extensions to Facilitate Information Systems Project Schedule Decision-making.” International Journal of Data Analysis and Information Systems
Video

Estimating cost: https://youtu.be/rN0FrDpQNUk

Websites

http://www.pmknowledgecenter.com/dynamic_scheduling/baseline/cost-project-activity-calculating-activity-andor-resource-costs
http://www.dummies.com/careers/project-management/how-to-estimate-project-costs/

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