: Complete the two tasks associated with project time management and the three tasks associated with project cost management. ( total of five tasks) Put all your work on one word document. Separate your tasks by headings and/or page inserts. turn your work in on a word document as ONE attachment for grading. : This is a continuation of the running case started in week three and continues through the rest of the course. Tasks based on this case are explained following the case study. These tasks will build on work done in previous weeks. Tony Prince is the project manager for the Recreation and Wellness Intranet Project. Team members include you, a programmer/analyst and aspiring project manager; Patrick, a network specialist; Nancy, a business analyst; and Bonnie, another programmer/analyst. Other people are supporting the project from other departments, including Yusaff from human resources and Cassandra from finance. Assume that these are the only people who can be assigned and charged to work on project activities. Recall that your schedule and cost goals are to complete the project in six months for under $200,000. Tony Prince and his team are working on the Recreation and Wellness Intranet Project. They have been asked to refine the existing cost estimate for the project so they can ev
aluate supplier bids and have a solid cost baseline for evaluating project performance. Recall that your schedule and cost goals are to complete the project in six months for under $200,000. . Prepare a one-page cost model for the project described in the Running Case, similar to the model below: Source: TABLE 7-2 Types of cost estimates © Cengage Learning 2014 Use the following WBS, and be sure to document your assumptions in preparing the cost model. Assume a labor rate of $100/hour for the project manager and $60/hour for other project team members. Assume that none of the work is outsourced, labor costs for users are not included, and there are no additional hardware costs. The total estimate should be $200,000. . Using this cost model you created, prepare a cost baseline by allocating the costs by WBS for each month of the project. . Assume that you have completed three months of the project. The BAC was $200,000 for this six-month project. You can also make the following assumptions: PV = $120,000 EV = $100,000 AC = $90,000 . What is the cost variance, schedule variance, cost performance index (CPI), and schedule performance index (SPI) for the project? . How is the project doing? Is it ahead of schedule or behind schedule? Is it under budget or over budget? Purchase the answer to view it