MGMT404 – Project Management Week 2 Assignments ( iLab + Discussions + Course Project)

Review Questions

  

Answer the following questions:

1)      

What is a resource? 

2)      

Why aren’t resources assigned to summary tasks?

3)      

What is the difference between Start, Prorated and End in association with costs?

 

4)      

Give a real-world example of the difference between a fixed cost and a cost per use?

5)      

 Why is a fixed cost entered with the task and not the resource?

6)      

Why is the resource cost for the Wiring Contractor $0.00?

7)      

Which resource is Overallocated and why?

Review Questions  Answer the following questions:1)       What is a resource?  2)       Why aren’t resources assigned to summary tasks? 3)       What is the difference between Start, Prorated and End in association with costs?  4)       Give a real-world example of the difference between a fixed cost and a cost per use? 5)        Why is a fixed cost entered with the task and not the resource? 6)       Why is the resource cost for the Wiring Contractor $0.00? 7)       Which resource is Overallocated and why? 

Lab 2 Reports

1. Task Table: Entry

2. Task Table: Cost

3. Project Summary Report

4. Project Budget Report

5. Who Does What

6. Overallocated Resources