BML 322 Workshop 4

Estimating....

What is Project Scope?• Planning – Refine course of actions and

requirements• Set Scope = What does DONE

look like?

• Monitor and Control project components =Total work of project

Project Scope

• Tasks, List of things that need to happen in order for your goal (s) to be met.– Develop a SOW– Identify Deliverables – Break it down using the WBS

Resources

Resources = anything that is needed to accomplish a task

Resources

What resources are need to complete these tasks?

1. Plant trees2. Schedule a status meeting 3. Design a new website4. Purchase new tools for a test lab

Resources Time Materials Facilities People Money+Equipment Anything

need to do the task

What is a SOW?

• Document that reflects the performance specifications of the project deliverables.

• Reflect scope

Statement of Work - SOW

•Deliverables + Purpose = Scope

•Used to define & guide the team = What does DONE look like?

What is a deliverable?

• Unique and verifiable product (noun)• Capability to provide a service (verb)• Result that must be produced to

complete a project, process, or phase of project

WBS

• A description of tasks arranged in layers of detail

• Decompose WBS is to create work packages

WBS• WBS – WORK PACKAGES – Project

plan • Use this to build a project logic

diagram represents the logical sequence of the activities - Schedule

• Set sequence and priorities to identify critical path and float- Estimating

Dependencies & Sequence

• What is it? • Who sets the

priority?

Going Fishing… • Buy bait• Buy license• Find fishing poles• Pack car• Get updated on the Weather• Drive to the lake • Find tackle and other gear• Charge cell phone

Critical Path & Float

• Precedence Diagram

• Project Network Diagram

Estimating• Duration • Building a

schedule

• Build it right the first time, so you can crash it!

Good Estimates$$

• Look at the whole puzzle or each piece?

Bottom-up Estimate

1. Bathroom Remodel $10398.00

1. Bathroom Remodel• Materials• Waste Removal

• Labor• Qualified

• Permit

Comparing estimates with actuals

• Same specifications

• Got what I asked for

• Am I on target?

Earned Value Management & Variances

• Am I on target?

• SV = EV – PV• CV = EV - AC

+ -

Ready?

Next Week…..• Read Chapter 10-12• Lecture will cover managing quality,

risk, and closure• Project Work • Presentations begin at 8:00pm – 20 talk/ 10 Q&A– AGS staff ?– Room location ?

• Review of the paper requirements and deadlines