As the owner of a company that performs interior painting services, your bid was accepted and you are in the process of planning out the project requirements and tasks and now are working on the timeline for completion. Last week the tasks were gathered, so now it is time to create a Work Breakdown Structure (WBS) and a Network Diagram. Information from the bidding conference is as follows: "Thank you all for attending. I am very pleased to have these fine companies attending and submitting bids to paint all of the classrooms in Xavier Hall. The Hall has five floors and there are six classrooms on each floor that require painting. Each floor has rooms numbered f00, f01, f02, f03, f04, and f05 where the f is the floor number for example the first floor has rooms 100 - 105 respectively. The bottom floor rooms start with a G (e.g. G01). The rooms are all basically the same: 9-foot height, 40 ft x 30 ft. You will not be painting the ceilings or floor or windows or doors. You must remove the furniture. Our custodial team will remove projectors and whiteboards. The work cannot interfere with the normal classroom schedule (7 am through 9 pm Monday through Thursday.) You must have a member of our security team present during the work. The colors to be used will match the Blue, Gold, and White from the university logo. We need you to choose high-quality durable paint that can withstand considerable contact. The front wall of each classroom shall be painted with erasable marker paint. Please provide details of your selections. The job must be completed in a six-week period corresponding to a schedule which you will set. Please describe your painting technique, space requirements, and conditions for acceptance. The scope statement, once approved, will form the basis of the contract." Using the project information and the list of requirements, create a WBS for the Painting at JWU Project.
Critical Path Method
The critical path is the longest succession of tasks that has to be successfully completed to conclude a project entirely. The tasks involved in the sequence are called critical activities, as any task getting delayed will result in the whole project getting delayed. To determine the time duration of a project, the critical path has to be identified. The critical path method or CPM is used by project managers to evaluate the least amount of time required to finish each task with the least amount of delay.
Cost Analysis
The entire idea of cost of production or definition of production cost is applied corresponding or we can say that it is related to investment or money cost. Money cost or investment refers to any money expenditure which the firm or supplier or producer undertakes in purchasing or hiring factor of production or factor services.
Inventory Management
Inventory management is the process or system of handling all the goods that an organization owns. In simpler terms, inventory management deals with how a company orders, stores, and uses its goods.
Project Management
Project Management is all about management and optimum utilization of the resources in the best possible manner to develop the software as per the requirement of the client. Here the Project refers to the development of software to meet the end objective of the client by providing the required product or service within a specified Period of time and ensuring high quality. This can be done by managing all the available resources. In short, it can be defined as an application of knowledge, skills, tools, and techniques to meet the objective of the Project. It is the duty of a Project Manager to achieve the objective of the Project as per the specifications given by the client.
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