For this assignment, you are to create a 3-5 page cost management document tailored to your project.
This assignment can be divide into two parts.
1. Description of document content:
Provide a brief description of your project. This should be a scope statement and not an entire project document, just a high level overview of your project.
2. Provide a description of the estimating process you will use for your project. At minimum address the following items:
What estimating method or methods will you be using? (Please answer this question by addressing the following two methods: Top-down method and Bottom-up method)
Why will you be using these methods? Provide a valid explanation as to why these methods were chosen over the alternatives.
Who will be responsible for creating the estimates?
Who will be responsible for reviewing and approving the estimates?
How will the estimates be aggregated?
How will you seek to account for padding and reserves in your estimates?
Statement regarding level of accuracy, units of measure, and organizational procedures link (see PMBOK Guide page 148 for definitions of each)
Items to Consider:
Document should be professionally formatted using titles, headers, and bullets where appropriate.
Consider using an MsWord document template to format the report.
A template may be used for the formatting, but all content must be original to you. If you use a template you must provide proper citations and references. Failure to do so will result in a zero for the assignment.
Papers that are well organized, well written, and formatted are more likely to receive an A