Assignment Case Study: (Marks-6)
Please read the Case-5.2 “Post-Graduation Adventure.” from Chapter 5 “Estimating Project Times and Costs” given in your textbook – Project Management: The Managerial Process 8th edition by Larson and Gray page no: 164 also refer to specific concepts you have learned from the chapter to support your answers. Answer the questions asked in case study as deliverables where you should consider the milestones and technical requirements.
1. Assume you are either Mike or Josh; how would you go about making a decision using project management methodology? Explain in 250 words (2 Marks).
2. Looking first at only cost, what decision would you make? Explain in 250 words (2 Marks).
3. After cost, what other factors should be considered before making a decision? Explain in 250 words (2 Marks)
Discussion Questions (4 Marks)
4. Discuss top-down and bottom-up estimating and different approaches used. (250 words) (2 Marks)
5. Discuss different project management structures. (250 words) (2 Marks)