week 4 project time

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Using the WBS for your project complete the attached Cost Estimate Work Sheet by including the best cost estimates available for each of the activities listed on the WBS. Also indicate whether the activity represents a recurring or non-recurring cost.

Cost Estimate Worksheet

Use the Cost Estimate Work Sheet from the previous step to complete the Initial Budget Worksheet by using the attached template.

Initial Budget Worksheet

  • In a paper that is a minimum of 3 pages long, based on your calculations what is the total budget for this project? According to this analysis, identify clearly and concisely at least three areas where you see potential cost savings.
  • For each of these areas of opportunity using your understanding of the project, explain a potential change in plan to reduce costs in the project. When making recommendations for cost reductions how can you ensure these cost reductions are in the best interest of the company, i.e. you aren't sacrificing quality in order to cut costs.
  • Your submission should follow the essentials of APA (i.e., cover page, double-spaced, 12 pt. font, reference section at the end, in-text citations, etc.). For more information on APA, please visit the Online Library, which is available through the Resourcestab.
  • Papers should be spell-checked and submitted to Grammarly prior to submitting your paper to the drop box.
    • "Grammarly" is a free service for Rasmussen students. Once you've made all of your suggested grammar corrections, submit your paper to the Drop Box, along with your Grammarly PDF report as a separate attachment. Your goal is to obtain a Grammarly score of 90 - 100%. 

      *Grammarly instructions can be accessed by clicking on this link

      Grammarly handout

      Grammarly Student User Guide

Submit your completed assignments to the drop box below. Please check the Course Calendar for specific due dates.

Save your assignment as a Microsoft Word document. (Mac users, please remember to append the ".docx" extension to the filename.) The name of the file should be your first initial and last name, followed by an underscore and the name of the assignment, and an underscore and the date. An example is shown below:

Jstudent_exampleproblem_101504

Need Help? Click here for complete drop box instructions.

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