MGT 530 SEU Project Management Concepts Discussion

Projects are unique, one-time operations designed to accomplish a set of objectives in a limited time frame (Stevenson, 2021).

Think about a project you did recently or a project you will soon work on and detail the following:

Offer      a brief explanation of the type of project.

Create      a Work Breakdown Structure (WBS) of the project and explain how it will      help you with your project.

Present      both probabilistic (t0, tp, and tm) and deterministic      time estimates and discuss how you arrived at these time estimates.

For      each activity, determine hypothetical costs in a table. Include budgeted      costs, percent complete, actual/projected cost, and over/under budget (and      total). Discuss the rationale for how you derived these costs.

Finally,      tell us how the project management tools helped you gain a better vision      of the project.

1. Directions:

Your      assignment is required to be four to five pages in length, which does not      include the title page and reference pages, which are never a part of the      content minimum requirements.

Support      your submission with course material concepts, principles, and theories      from the textbook and at least three scholarly, peer-reviewed      journal articles. Use the Saudi Digital Library to find your      resources.

1. Formatted      according to APA 7th edition and Saudi Electronic      University writing standards.

It is      strongly encouraged that you submit all assignments into Turnitin prior to      submitting them to your instructor for grading. If you are unsure how to      submit an assignment into the Originality Check tool, review      the Turnitin – Student Guide for step-by-step instructions

Reference Book

1. Stevenson W. J. (2018). Operations management (Thirteenth). McGraw-Hill Education