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