Schedule and Budgeting Exercise for Project Scenario

Overview

It is now important to consider how to manage project obstacles and risks. Being able to continue the progression of a project is important in the face of unpredictable conditions in the internal and external environment of an organization.

Instructions

Write a one-page paper in which you:

1. Outline the process you would use to move to a centralized structure.
   • Go back to the Week 3 assignment, Organizing HR Projects, and consider the goal of the project.
   • Conduct research on centralized and decentralized organizations and come up with three tasks that you would need to move to a centralized structure.
   • Consider methods for assigning costs to tasks and come up with the process (not the actual budget) that you would use to determine a budget.
   • Write a one-page paper outlining the process you would use.
2. Create a WBS for the project and analyze each task using the Project Budget WBS Template [XLSX].
   • Review, as needed, the following sites regarding cost estimation:
     • The Ultimate Guide to Project Cost Estimating.
     • Cost Estimation for Projects: How to Estimate Accurately.

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