Project Management: Importance Of Estimates, WBS, And Slack

Why are accurate estimates critical to effective project management?

The accurate estimates in project management are helpful for the execution of the improved project planning and developing the proper project execution for Advantage Energy Technology Data Center Migration. The implication of the accurate measurement not only helps in scheduling the project but also helps in calculating the project estimates. The alignment would also be helpful for aligning the utilization of the improved communication process. The completion of the project plan would be based on the accurate estimates done.

The differences between the bottom up and top down estimation are helpful for forming the major alignment of the activities and utilization of the improved estimation methods. The top down approach defines task that have direct impact on project and it form clear insights while defining the operations for Advantage Energy Technology Data Center Migration. The bottom up approach is dependent on the calculation of the activities. The utilization would be helpful for forming the successive implication of the operations and it would also successful formation of the operations. The bottom up and top down estimation would also be formed for considering the alignment of the information related to the development of the specific information processing. The development of the activities had supported the utilization of the effective implication of the activities so that the operations can be adjusted with the cost estimation for Advantage Energy Technology Data Center Migration.

The major cost estimation for the project of Advantage Energy Technology Data Center Migration for the alignment of the improved functional development. The various cost factors for the project are listed for the development of the activities like,

• Estimation of the project budget for the development of the accurate and estimated project budget
• Labour Cost for the project implementation management and alignment would be deployed for forming the development
• Estimation of the non labour costs for the work in alignment of the activities

White Elephant is a term used for the representation of the loss in business developing the improved activities for the profit development and utilization for the deployment of the activities. The white elephant for the projects are required for listing the utilization of the assigned development methodology forming successively and aligning the implication of the operations.

The WBS and project networks are related to the deployment of the effective diagram in a sequential network. The project network development would be employed for the alignment of the improved successive development of the operations and it would help in easing the phase development of the listing. The WBS and project networks would be helpful for aligning with the utilization of the specific organization.

Task Name

Recruitment of Brian

Hiring of Contractor

Ordering New Racks

Ordering New Cables

Delivery of the racks

Project Board Meeting

Project Scope Presentation

Project team Recruitment

Project Team Meeting

Network Designing

Development of Ventilation System

Replacing all old power supplies and data center

Installing the ventilation system

Installing the racks

Renovation of data center

Approval of construction of raised floor

Installing power supplies

Installing running cables

Switchover Approval

Power check of racks for sufficient voltage

Installing test servers

Testing all primary network functions in the server

Network is taken off

Charging of batteries

Installing ventilation

Test servers are up and running

Signing off the Primary System Checks

Date is set for network transfer

Network Moveover

Project is Closed

Project Manager

I

R

I

R

I

A

I

I

R

I

R

I

I

Facility

C

R

C

R

R

R

R

R

C

R

R

R

C

R

R

R

Operator

I

I

I

I

Telecommunicator

A

C

A

A

A

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

System Developer

I

C

C

R

C

R

C

C

C

R

C

C

R

C

C

C

A

Contractor

C

I

C

I

C

R

A

A

C

C

I

C

A

A

I

C

C

Vendor

R

City Inspector

I

A

I

C

I

C

I

I

I

C

I

I

C

I

I

I

Client

R

A

A

R

R

R

R

R

R

Work Breakdown Structure is developed using an effective task alignment using the improved development of the alignment methods for successful alignment of the documentation. The development of the WBS is helpful for the alignment of the improved functional development model. The work breakdown structure is helpful for forming the specific work packages that would be helpful for the utilization and the alignment would be deployed for forming the listing of the specific development of the activities.

If no WBS would be included it would be aligned with the improvisation of the effective implication and deployment of the effective project listing and deployment. The alignment of the effective utilization would be aligned for forming the effective listing of the WBS network.

What are the differences between bottom-up and top-down estimating approaches?

The slack helps the project manager for the calculation of the delay in the project and it would allow the specific project operations for forming the block diagram for aligning with the development of the specific tools for integrating the formation and it would be formed for listing the utilization of the effective development models.

The free slack does not form any specific influence in the project activities and it results in forming the specific alignment of the operations. The total slack cause the impacts on the preceding activities of the project and not on the effective operations for the project.

The lags are responsible for the change in duration of the activities and formation of the specific development model. The increase and decrease in schedule would show the direct formation of the activities. The lags would result in forming the utilization of the specific development of operations.

Hammock activity would be helpful for aligning the utilization of the two tasks and grouping them in dates. It helps in forming the project activities and running of the formative utilization.

The implementation plan is developed for implementing the utilization of the effective plan development and utilization of the project activities. The following work breakdown structure would be developed using the effective plan implementation. The alignment would be implied for lining the project plan development. The alignment would be deployed for lining the utilization of the effective implication and development formation. The implementation would be deployed and it would be formed for listing the implication development.

Resource Name	Work	Standard Rate	Cost
Project Manager	160 hrs	$100.00/hr	$16,000.00
Facility	88 hrs	$60.00/hr	$5,280.00
Operator	80 hrs	$80.00/hr	$6,400.00
System Developer	256 hrs	$95.00/hr	$24,320.00
Contractor	40 hrs	$90.00/hr	$3,600.00
Vendor	56 hrs	$75.00/hr	$4,200.00
City Inspector	80 hrs	$50.00/hr	$4,000.00
Racks	1	$1,680.00	$1,680.00
Cables	1	$2,500.00	$2,500.00
Building Materials	1	$3,060.00	$3,060.00
Client	16 hrs	$0.00/hr	$0.00
Tele-communicator	112 hrs	$80.00/hr	$8,960.00

The priority matrix is developed for listing the alignment of the activities that would be aligned for forming the utilization of the effective project development. The priority matrix would be developed for easing the formation of the effective development method.

	Time	Performance	Cost
Constraint		?
Enhance	?
Accept			?

The network diagram is developed for aligning with the utilization of the effective formation of the improved alignment of the formation development. The following diagram would be developed for the alignment of the specific listing of the operations.

The project Gantt chart and the network diagram are used for the alignment of the specific development of the activities. The top down approach defines task that have direct impact on project and it form clear insights while defining the operations for Advantage Energy Technology Data Center Migration. The bottom up approach is dependent on the calculation of the activities. The utilization would be helpful for forming the successive implication of the operations and it would also successful formation of the operations. The bottom up and top down estimation would also be formed for considering the alignment of the information related to the development of the specific information processing. The development of the activities had supported the utilization of the effective implication of the activities so that the operations can be adjusted with the cost estimation for Advantage Energy Technology Data Center Migration.

WBS	Task Name	Duration	Start	Finish
1	Resource Plan	21 days	Fri 6/1/18	Fri 6/29/18
1.1	Requirement Analysis	2 days	Fri 6/1/18	Mon 6/4/18
1.2	Hiring Brian	3 days	Tue 6/5/18	Thu 6/7/18
1.3	New Racks are ordered	4 days	Fri 6/8/18	Wed 6/13/18
1.4	New Cables are ordered	5 days	Thu 6/14/18	Wed 6/20/18
1.5	Rack Delivery	7 days	Thu 6/21/18	Fri 6/29/18
2	Initialization	11 days	Mon 7/2/18	Mon 7/16/18
2.1	Board Meeting	2 days	Mon 7/2/18	Tue 7/3/18
2.2	Presentation Scope	3 days	Wed 7/4/18	Fri 7/6/18
2.3	Recruitment Team	4 days	Mon 7/9/18	Thu 7/12/18
2.4	Team Meeting	2 days	Fri 7/13/18	Mon 7/16/18
3	Construction Phase	35 days	Tue 7/17/18	Mon 9/3/18
3.1	Renovation data centers	7 days	Tue 7/17/18	Wed 7/25/18
3.2	Constructing raised floor	7 days	Thu 7/26/18	Fri 8/3/18
3.3	Installing Power Supplies	7 days	Mon 8/6/18	Tue 8/14/18
3.4	Running Cables are wired	7 days	Wed 8/15/18	Thu 8/23/18
3.5	Approval of switchover	7 days	Fri 8/24/18	Mon 9/3/18
4	Development Phase	25 days	Tue 9/4/18	Mon 10/8/18
4.1	Design of network	5 days	Tue 9/4/18	Mon 9/10/18
4.2	Ventilation system is developed	5 days	Tue 9/11/18	Mon 9/17/18
4.3	Old power supplies are replaced	5 days	Tue 9/18/18	Mon 9/24/18
4.4	Ventilation system is deployed	5 days	Tue 9/25/18	Mon 10/1/18
4.5	Racks are installed	5 days	Tue 10/2/18	Mon 10/8/18
5	Testing Phase	20 days	Tue 10/9/18	Mon 11/5/18
5.1	Checking for required voltage in the power racks	4 days	Tue 10/9/18	Fri 10/12/18
5.2	Test Servers are installed	4 days	Mon 10/15/18	Thu 10/18/18
5.3	Network Functions are installed	4 days	Fri 10/19/18	Wed 10/24/18
5.4	Battery change	4 days	Thu 10/25/18	Tue 10/30/18
5.5	Ventilation	4 days	Wed 10/31/18	Mon 11/5/18
6	Closure Phase	8 days	Tue 11/6/18	Thu 11/15/18
6.1	Sign off documents	2 days	Tue 11/6/18	Wed 11/7/18
6.2	Network Transfer is set	2 days	Thu 11/8/18	Fri 11/9/18
6.3	Migration of network	2 days	Mon 11/12/18	Tue 11/13/18
6.4	Closed	2 days	Wed 11/14/18	Thu 11/15/18

References

Kerzner, H., (2017). Project management metrics, KPIs, and dashboards: a guide to measuring and monitoring project performance. John Wiley & Sons.

Martinelli, R.J. and Milosevic, D.Z., (2016).  Project management toolbox: tools and techniques for the practicing project manager. John Wiley & Sons.

Nicholas, J.M. and Steyn, H., (2017). Project management for engineering, business and technology. Taylor & Francis.

Schwalbe, K., (2015). Information technology project management. Cengage Learning.

Sears, S.K., Sears, G.A., Clough, R.H., Rounds, J.L. and Segner, R.O., (2015). Construction project management. John Wiley & Sons.

Serra, C.E.M. and Kunc, M., 2015. Benefits realisation management and its influence on project success and on the execution of business strategies. International Journal of Project Management, 33(1), pp.53-66.

Snyder, C.S., (2014). A guide to the project management body of knowledge: PMBOK (®) guide. Project Management Institute: Newtown Square, PA, USA.

Svejvig, P. and Andersen, P., (2015). Rethinking project management: A structured literature review with a critical look at the brave new world. International Journal of Project Management, 33(2), pp.278-290.