Project Resources, Schedule, and Cost Estimate

Project Resources, Schedule, and Cost

(Project Name)

Student Name

Walden University

Date

Table of Contents Work Breakdown Structure 3 Project Resource Management 3 Project Schedule 3 Project Cost 4

Work Breakdown Structure
(Copy from Project Scope document.)

Project Resource Management
Project resource management includes the processes to identify, acquire, and manage the human and non-human resources needed to complete the work of the project and produce the final product, service, or outcome. The resource plan for a project is used as input to develop the project schedule and estimating the cost of a project.

Project Team

· In the table below, identify and assign roles and responsibilities for three to five (3–5) key project team members for the project using the definitions of role and responsibility provided on pages 318–319 of the PMBOK (PMBOK Guide).

Team Member Name

Role

Responsibility

· Describe the processes that will be used to develop and manage the project team. (3–4 paragraphs)

Project Resources

Complete the table below for the project. The table should contain the key project team members identified, and all other human and non-human resources needed for the project.

· Record the project team member name and rate (e.g., $45/per hour).

· Identify three to five (3–5) human resources (other than the project team members) that will be needed for the project. Record the resource name and rate (e.g., $45/per hour).

· Identify three to five (3–5) non-human resources that will be needed for the project. Record the resource name and cost (e.g., $100 for materials).

· Describe the tool/technique you used to identify the project resources. (2–3 paragraphs)

· Explain how you will acquire the non-human resources for the project. (2–3 paragraphs)

Resource Name

Rate or Cost

Project Schedule
A project schedule is developed by estimating the duration of the activities that must be performed in order to produce each of the sub-deliverables. The project schedule is typically represented in a Gantt Chart. The Gantt Chart depicts the project activities, durations, start and end dates, and predecessors. It also shows the project’s critical path. Activities on the critical path are those that, if delayed, will impact the project finish date.

Project Activities

· Using the Work Breakdown Structure (WBS) you developed for your Project Scope, complete the outline view of the WBS below for the project.

1. Final Product, Service, or Outcome of the Project

1.1. Sub-Deliverable 1

1.1.1. Activity

1.1.2. Activity

1.2. Sub-Deliverable 2

1.2.1. Activity

1.2.2. Activity

1.3. Sub-Deliverable 3

1.3.1. Activity

1.3.2. Activity

Add sub-deliverables and activities, as needed, to fully represent the scope of your project.

Estimate Activity Durations

Next, using the table below, estimate the duration of each activity for the project.

· Estimate the duration for each of the project activities and enter the durations in the table.

· Describe the tool/technique you used to estimate the activity durations. (2–3 paragraphs)

Add rows to the table, as needed, to fully represent the scope of your project.

Project Deliverables/Activities and Durations

Deliverable/Activity

Duration

1. Final Produce, Service, or Outcome of the Project

1.1. Sub-Deliverable 1

1.1.1. Activity

Duration

1.1.2. Activity

Duration

1.2. Sub-Deliverable 2

1.2.1. Activity

Duration

1.2.2. Activity

Duration

1.3. Sub-Deliverable 3

1.3.1. Activity

Duration

1.3.2. Activity

Duration

Gantt Chart

· Using the data in table above, construct a Gantt Chart for the project.

· The Gantt Chart should depict the following: Activity Name, Start Date, Finish Date, Duration, and Predecessors.

· The Gantt Chart should display the critical path.

Project Cost
Project cost management involves estimating how much it will cost to complete all of the project activities and then aggregating those costs to determine the total cost of the project. In order to estimate the cost of the project, resources must be applied to the project activities.

Project Cost Estimates

· Record the activity durations, resources name(s), quantity, and rate in the table below. Note that more than one resource may be needed for the activities.

· Estimate the cost for each of the project activities and enter the costs in the table. Calculate the total cost of the project.

· Describe the tool/technique you used to estimate the activity resources. (2–3 paragraphs)

· Describe the tool/technique you used to estimate the activity costs. (2–3 paragraphs)

Add rows to the table, as needed, to fully represent the scope of your project.

Project Deliverables/Activities, Durations, Resources, Cost

Deliverable/Activity

Duration

Resource Name(s)

Resource Quantity/Rate

Activity Cost

1. Final Produce, Service, or Outcome of the Project

1.1. Sub-Deliverable 1