Save your time - order a paper!
Get your paper written from scratch within the tight deadline. Our service is a reliable solution to all your troubles. Place an order on any task and we will take care of it. You won’t have to worry about the quality and deadlines
Order Paper Now
Review Ch. 5 of Project Management: The Managerial Process
and the Week 1 ERR articles located under the “Project
Estimation,” “Project Scope,” and “Project Risk
Analysis” topic headers.
Write a 350- to 700-word paper that briefly explains the
following:
-
Explain the factors that can affect cost estimate
quality.
-
Explain the difference between top-down and bottom-up
estimates including when each would be used.
-
Explain the methods for estimating project costs.
-
Explain the types of costs.
Format your paper consistent with APA guidelines.
Reference Materials;
Larson, E. W. & Gray, C. F. (2014). Project management: The managerial process (6th
ed.). New York, NY: McGraw-Hill.
Week 1 ERR
Project Estimation
Readings:
-
Armour,
P. G. (2012). The Goldilocks estimate. Communications of the ACM, 55(10),
24-25.
-
Doloi, H. K. (2011). Understanding stakeholders’
perspective of cost estmation in project management. International Journal
of Project Management, 29(5), 622-636.
-
Kern, H. (2010). Are estimating methods hurting U.S.
energy projects? Power Engineering, 114(7), 56-60.
-
Swanson,
S. A. (2011). Estimating errors. PM Network, 25(10), 62-67.
Project Risk Analysis
Readings:
-
Project risk analysis or project risk assessment. (2009).
Business: The Ultimate Resource, n/a.
-
Besner, C., & Hobbs, B. (2008). The paradox of risk
management; a project management practice perspective. International Journal
of Managing Projects in Business, 5(2), 230-247.
-
Bodea, C. N., & Purnus, A. (2012). Project risk
simulation methods – a comparative analysis. Management & Marketing, 7(4),
565-580.
-
Kušar, J., Rihar, L., Žargi, U., & Starbek, M.
(2013). Extended risk-analysis model for activities of the project. Springer
Open Journal, n/a.
-
Sanchez, H., Benoit, R., Bourgault, M., & Pellerin, R.
(2009). Risk management applied to projects, programs, and portfolios. International
Journal of Managing Projects in Business, 2(1), 14-35.
-
Stoica, C. M., & Constantin, B. (2012). The
assessment of risks that threaten a project. Economy Transdisciplinary
Cognition, 15(2), 153-163.
-
Thamhain, H. (2013). Managing risks in complex projects. Project
Management Journal, 44(2), 20-35.
-
Zhang, H. (2011). Two schools of risk analysis: A review
of past research on project risk. Project Management Journal, 42(4),
5-18.
Project Scope
Readings:
https://qualitypapers.net/wp-content/uploads/2021/06/qplogo-300x60.png
0
0
paul
https://qualitypapers.net/wp-content/uploads/2021/06/qplogo-300x60.png
paul2023-04-20 11:42:442023-04-20 11:42:44Explain the factors that can affect cost estimate quality, Project Estimating Technique Paper