Management Cost Estimation

The CIO has decided that it is time to create the work breakdown structure for the project.

The work breakdown structure (WBS) that is representative of the project scope, which should include the following:

The scope of the project
Activities
Tasks
Products or services
Including the following activities and tasks

Network Testing Task

Software Testing Task

Internet Protocol Testing Task

In addition:

Assign an initial work effort to each of the activities from the WBS.
Provide an estimation framework for the WBS.
The framework should be estimated in days.
Come to a consensus on the appropriate work effort for each activity.
Calculate estimates in days of work effort (not duration).
Based on the WBS and estimates

Apply the standard PERT estimating formula and calculate the expected estimate (Te) for each activity.
Explain the purpose behind the PERT calculations.

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