Part 2 Budget Estimating (30 points)
Using the same scenario from the previous unit on scheduling, create a time-phased budget for the following project. Prepare a figure like Exhibit 10.9, CPT 4e, that illustrates the daily and cumulative costs for the resource-leveled project.
Assume the following hourly rates:
Alcides $45 / hr.
Joan $50 / hr.
(Assume normal workday = 8 hours/day & normal workweek = 40 hours/week)
Activity ID
Activity
Immediate Predecessor
Duration in days
Resource
Work Hours available per Day
A
Evaluate freezers
2
Alcides
6
B
Chart temperatures
6
Joan
4
C
Review service record
2
Alcides
D
Consult with HVAC engineer
A, B, C
3
Alcides
E
Develop construction plan
D
10
Joan
F
Complete IC assignment
E
2
Alcides
G
Complete ROI analysis
E
5
Joan
H
Conduct regulatory review
E
4
Joan
I
Obtain construction approval
F, G, H
2
Alcides
Part 3 Budget Estimating (50 points)
