Project Management Foundations: Small Projects

with Bonnie Biafore

Office Relocation Project

Optimistic Most Likely Pessimistic Labor Equipment and Other Non-Time-
Materials Total Cost Avg. Labor Rate
Hours Hours Hours Cost Facilities Based Cost

$100

Find new office space 30 40 60 $4,000 $4,000

Define office requirements 8 12 16 $1,200 $1,200

Design office layout 8 12 20 $0 $0

Negotiate and sign lease 6 8 16 $800 $800

Obtain construction Construction

40 80 120 $0 $4,000 $4,000
permit permit

Build out space 40 60 80 $0 $0

Walk through office space 2 4 6 $400 $400

Correct build-out issues 8 16 24 $0 $0

Approve build-out 2 2 2 $200 $200

Identify network
4 8 12 $800 $800
requirements

Design network 8 16 24 $1,600 $1,600

Review network design 2 4 8 $400 $400

Project Management Foundations: Small Projects with Bonnie Biafore

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 Install and configure Network
8 16 24 $1,600 $3,000 $4,600
network equipment

Test network 4 6 16 $600 $600

Identify phone system

4 8 12 $800 $800
requirements

Design phone system 8 16 24 $1,600 $1,600

Review phone system

2 4 8 $400 $400
design

Install and configure

8 16 24 $1,600 $5,000 $6,600 Phone system
phone system

Test phone system 4 6 16 $600 $600

Identify software
8 12 16 $1,200 $1,200
requirements

Specify software and

8 16 24 $1,600 $1,600
configuration

Review software plan 2 4 8 $400 $400

Install and configure

16 20 24 $2,000 $5,000 $7,000 Software
software

Test software 8 16 24 $1,600 $400

Project Management Foundations: Small Projects with Bonnie Biafore

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 Negotiate and sign IT
6 8 16 $800 $800
contract

Identify internet
4 6 8 $600 $600
requirements

Sign up for internet service 2 4 8 $400 $400

Test internet service 8 12 16 $1,200 $1,200

Approve IT systems 2 2 2 $200 $200

260 434 658 $26,600 $13,000 $0 $4,000 $43,600

Project Management Foundations: Small Projects with Bonnie Biafore

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