How to make Projects in Financial Management successful? Download this project management Managing Projects in Financial Management template now!
Adequate communication is essential in projects, in order to have truthful and accurate information exchange in order to ensure program managers or project managers are able to do rationally and correct decision making. For those individuals, who make the biggest impacts, have, what we call, a "high-performance mindset” and are always working with the latest update of professional project management templates to achieve their goals faster!
WBS Levels and Structure for Organizing all Project Work Level 3 Concrete 1.1.1 Level 1 ACME Housing Corporation 1 Level 2 House Building Project 1.1 Framing 1.1.2 Plumbing 1.1.3 Control Account Level Electrical 1.1.4 Interior 1.1.5 Roofing 1.1.6 Pour Foundation 126.96.36.199 Frame Exterior Walls 188.8.131.52 Install Water Lines 184.108.40.206 Install Wiring 220.127.116.11 Install Drywall 18.104.22.168 Install Felt 22.214.171.124 Install Patio 126.96.36.199 Frame Interior Walls 188.8.131.52 Install Gas Lines 184.108.40.206 Install Outlets/ Switches 220.127.116.11 Install Carpets 18.104.22.168 Install Shingles 22.214.171.124 Stairway 126.96.36.199 Install Roofing Trusses 188.8.131.52 Install B/K Fixtures 184.108.40.206 Install Fixtures 220.127.116.11 Install Painting 18.104.22.168 Install Vents 22.214.171.124 Level 4 Work Package / Planning Package Level Source: Booz Allen Hamilton (www.boozallen.com) 18 Additionally, your WBS will cover your entire project life cycle however, the further out you go, the less detail you may have since the work is not clearly defined until most of the preceding work gets done.. Bottom-up Cost Estimate at the WBS Level Cost Estimate – Risk Analysis Work (WBS 3.2) Labor Category Hours Rate Total Engineering Analyst II Engineering Analyst III Application Programmer II Application Programmer III Quality Assurance Analyst Software Engineer II Technical Writer Project Manager 100 42.35 50 47.50 10 38.35 5 41.75 40 42.65 35 44.85 25 36.80 65 56.90 Total Direct Labor Costs Add Fringe Benefits 30 Total Labor Costs Contract Services – XYZ (firm fixed priced) Contract Services – ABC (firm fixed priced) Computer Equipment and Accessories Indirect Costs 12 of Total Labor Costs Total Estimated Costs Project Specific Risks (Rework, Migration, etc.) Contingencies and Mitigation Risk Reserve 10 of Total Estimated Costs WBS 3.2 PROPOSED BUDGET (rounded up) 4,235.00 2,375.00 383.50 208.75 1,706.00 1,569.75 920.00 3,698.50 15,096.50 4,528.95 19,625.45 6,500.00 4,600.00 7,600.00 4,528.95 42,854.40 6,200.00 4,150.00 4,285.44 57,500.00 Performance Measurement Baselin
Feel free to download our basic or advanced template designs, they are intuitive and in several kinds of formats, such as: PDF, WORD, XLS (EXCEL including formulas and can calculate sums automatically), etc.
Using this project management template guarantees that you will save time, cost and efforts and enables you to reach the next level of success in your project, work and business!
Download this professional project management template now!