Task-1 Cost estimates are quantitative amounts that reflect the cost of the resources needed to complete the project activities. Cost estimates are usually expressed in dollars. Discuss the Estimate Cost tools and techniques and how they’re used to derive cost estimates. Discuss when during the project life cycle the tools should be used and why. (1.5-2 pages)
task-2 Essay question: at least one page or more without any space between lines
a. Define Business Case and explain the difference between a Business Case and a Business Plan.
b. What is the relationship between systems analysts and stakeholders? This relationship has a significant impact on a business case that is developed around and idea or proposal.
c.Identify 7 common reasons why projects fail and explain how a business case can mitigate the risks associated with them.
d. What is a business driver, and how does it relate to project planning? What are technology drivers and what is their impact on projects?
e. Zachman Framework has had a significant impact on project development. Discuss Enterprise Architecture as it relates to a project and how it impacts the role of the Analyst.
task-3 : Work Breakdown Structure (this is another part of the research on RFID technology for the retailing industry)
Review the deliverables you identified in your scope statement. Now think about the task required to complete each deliverable. Document them in a work breakdown structure. Be sure to watch the video on that topic: https://www.youtube.com/watch?v=V_B-OYNtRM8
Prepare your Work Breakdown Structure after viewing the PowerPoint attached (very important ). It will explain how to complete a WBS, how to create task names, and the difference between duration and effort.
suggested WBS template:
note: put importance on, all deliverables, all tasks assigned for each deliverable and effort time and duration for each task.