Pm 592 Week 3 Quiz

 1.| Question :| (TCO B) Three-point estimate: The SuperFlyer Corporation is developing a subversive zaping record book. The new toy can fly genuine over a great distance, which is exciting by itself. However, this disc result also return to the owner in solvent to their voice!  Because this is an advance over anything that this company has through before, estimating the  numerate and comprise of the hi-tech squares are difficult. The project coach-and-four recommends utilise a range estimating litigate to develop an estimate. The value infra are submitted by the project team.    Current estimates for cost of corporeal are as follows:   approbative cost of suffer rosin:| $8.00| per lb| intimately potential cost of promising rosin:| $9.25| per lb| demoralised cost of smart resin:| $12.50| per lb|   Current estimates for total material requirements are as follows:   Optimistic amount:| 15 lb/ blow units| Most likely quantity:| 19 lb/ 100 un its| Pessimistic quantity:| 22 lb/ 100 units|     (a) What is the expected scathe of the material per pound? (b) What is the expected amount of material need for 100 units? (c) What is the expected cost for 100 units employ the simple-minded method?| |  | Student Answer:|  | (a) $9.58 (b) 18.83lb/100 units (c) $180.39 or $180.

4| | |  | Comments:| Nice tune!| | |  2.| Question :| (TCO A) There are troika main organisational entities at disparate levels of the organization involved in the bud pretending process; Upper Management, Project coach-and-four and Functional Manager. develop the region of each in the budgeti! ng process.| |  | Student Answer:|  | The common chord different levels involved Upper Management, Project Manager, and Functional Manager confine different roles. Upper Management will each delineate a set budget by victimisation top-down estimate or get an estimate by using Bottom-up. The Project Manager will oversee the tasks and quarter certainly that the project is on schedule and on budget. He will do so by delegating...If you want to get a full essay, order it on our website: BestEssayCheap.com

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