logo

Project Management at Sisense: Cost & Quality

9 Pages2198 Words177 Views
   

Added on  2021-06-16

Project Management at Sisense: Cost & Quality

   Added on 2021-06-16

ShareRelated Documents
Project management Sisense company Name Institution Professor Course Date
Project Management at Sisense: Cost & Quality_1
Project management Table of content 9.Project management.1.cost estimation2.graphical representation of cost estimation3.ways to manage cost in management 4.information related to management10. Project quality and management.1.Qualities in project quality and management 2.Measurable items and units of measure in quality3.The table developed for quality management4.Summary and analysis of the project5.Other information analysed during the project Conclusion
Project Management at Sisense: Cost & Quality_2
Project management 9. Project cost management Project cost is the overall activity that focuses on the estimation and the control ofevery cost within the project. (a) Every estimation of cost determines to calculate the accuracy of thecost. In Sisense company the estimation of cost gives the idea on how to utilise themoney in the company (Harrison and Lock ,2017 p.23). In most cases cost is alwaysmeasured in terms of money. Basically in many cases cost is seen as a foregoneresource therefore a need to come up with the objectives that can help to uplift theexchange. In general, in different situation project cost management always involvesthe whole idea behind the process needed to complete the overall budget within theSisense company (Harrison and Lock ,2017 p.67). (b)Cost estimating. In cost estimation it involves the idea on how to carry out the cost of everyproject in the company. The table below it indicates on the different methods of costestimates (Meredith and Mantel ,2011 p.67). The capital cost for the Sisene company.Direct cost 1234Total cost ($)Initial 450094Planning 200040006000500017,000Executing ----Projectcontrol20001000200020007,000Monitoringand control1000--40005,000Reserves ---30003,000Total 9,5005,0008,00014,000126,000The assumptions from the estimations of the cost.The planning cost of the Sisene company is high as compared to other directsources. This shows the planning project has the highest complexity within thecompany. Thus the costs with high planning procedure have the highest credibility.
Project Management at Sisense: Cost & Quality_3

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Quality and Cost Management Planning
|17
|4237
|83

Part B: Cost and Quality Management Plan Name of University Author
|15
|2218
|197

Project Management Assignment (PDF)
|19
|4730
|167

Behavioral and Mathematical Sciences
|1
|983
|11

Operation and Project Management Tesco
|16
|4303
|453

Project Risk, Finance, and Monitoring
|10
|2302
|380