Resource Allocation and Optimization

Resource Allocation and Optimization
415 W6 Resource Allocation and Optimization JM
Take a moment to review the details of this assignment below and gather any necessary files. Once you’re ready to submit your assignment, move on to Step 2.
Assessment Description
The purpose of this assignment is to balance resources for an IT project. You will use Microsoft Project and Excel to complete this assignment. Refer to Appendix A in the textbook for guidance in using Microsoft Project. Review the “Resource Histograms” section of Appendix A in the textbook.
Part 1
As the project manager for the “Global Treps Project,” you are expected to complete the project on time and within the budget allocated. The senior management team has indicated that project costs cannot exceed $120,000, and the project must be completed within 6 months. Assume that labor costs are the only costs associated with the project and that the following human resources are available to work full-time on the project at the established hourly labor rate. Note that the work week is 56 hours, as Saturdays and Sundays are workdays for this project.
· Project Manager (you): $120 per hour
· Website Developer (Bobby): $95 per hour
· System Test Engineer and Event Runner: Vietnam (Kim): $55 per hour
· Support Team Manager and Event Runner: India (Ashok): $55 per hour
· Event Runner: Ethiopia (Alfreda): $45 per hour
You have met with the project team and determined the tasks each person will be assigned. This information is located in the “Global Treps Project Resource Assignments” file. Using the “Global Treps Project Resource Assignments” file and the Microsoft Project “Global Treps Project Rev 2” file from the Topic 5 assignment, complete the following:
1. Enter the human resources listed above into the “Resource Name” field on the Microsoft Project “Resource Sheet.” Enter the labor rate information into the “Std Rate” field. Do not alter any of the other fields on the “Resource Sheet.”
2. Assign resources to each task in the “Global Treps Project Rev 2” file. Do not alter resource hours, task durations, or start/finish dates. Save the file as “Global Treps Project Rev 3.”
Part 2
Balancing resources is crucial in project planning. It is likely that after completing Part 1 of the assignment, you will have to make adjustments in resource allocations in order to optimize resources and meet the goals established in Part 1 of the assignment.
Review the “Resource Graph” for your project and consider specific steps you can take to adjust resource allocations to meet the established goals. Conduct research related to whether salaries need to be market-adjusted based on your location and whether the workweek needs to be adjusted. Consider effort versus durations in this exercise.
Resolve resource over-allocations by manually adjusting relevant resources and tasks. Make realistic adjustments to the hours. Do not alter resource task assignments, task durations, or start/finish dates. Do not use the “Resource Leveling” feature in Microsoft Project, as it may result in undesired changes to the project durations, start/finish dates, or resource hour allocations. You want to ensure that resources are not assigned to more than the specified number of hours in each workweek. Save your final file as “Global Treps Project Rev 4.”
General Requirements
Submit the “Global Treps Project Rev 3” and “Global Treps Project Rev 4” Microsoft Project files.

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Order your essay today and save 30% with the discount code DALE