Project Management Toolkit

CONTENTS1OOM Cost Estimating2Budgetary Cost Estimating3Profit Model4RAM Example5Stochastic Duration Estimating6Stochastic Cost Estimating7KTA Decision Making Model8Benefit-Cost Table9Critical Path Crashing Tool10Risk Analysis - WRF Method11Zone Tracking Method12Earned Value Tracking Method13Project Control Staff Size Calculations14Time-Value of Money Example15BOE Form

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OOM Cost EstimatingNote: Shaded areas are calculated automatically after unshaded areas are filled in.Estimated Direct Labor Hours =0hoursComposite Burdened Labor Rate =$0per hourTarget Profit =0%With ProfitWithout ProfitEstimated Direct Cost$0$0Target Profit$0Estimated Total Price$0$0OOM Minimum Price$0$0OOM Maximum Price$0$0

OOM Cost CalculatorEstimate the total number of direct labor hours and round up.This composite burdened labor rate can usually be obtained from your corporate finance group.Insert a targeted profit rate or a minimum-attractive-rate of-return (MARR).

Budgetary EstimatingNote: Shaded areas are calculated automatically after unshaded areas are filled in.1Q062Q063Q064Q061Q062Q063Q064Q06TOTALWBS Level 2LaborEquivalentDirectEquivalentDirectEquivalentDirectEquivalentDirectEquivalentDirectEquivalentDirectEquivalentDirectEquivalentDirectDIRECTActivityLabor CategoryID CodePeople Rq'dCostPeople Rq'dCostPeople Rq'dCostPeople Rq'dCostPeople Rq'dCostPeople Rq'dCostPeople Rq'dCostPeople Rq'dCostCOSTActivityProject Manager1000.33$9,4380.33$9,4380.33$9,4380.33$9,4380.33$9,8160.33$9,8160.00$00.00$0$57,383"A"Sr. Systems Engineer1100.33$7,7220.33$7,7220.33$7,7220.33$7,7220.33$8,0310.33$8,0310.00$00.00$0$46,950Systems Engineer1120.50$11,1800.70$15,6520.80$17,8880.80$17,8880.50$11,6270.30$6,9760.00$00.00$0$81,212Sr. Design Engineer1200.50$11,7002.00$46,8002.00$46,8002.00$46,8000.50$12,1680.40$9,7340.00$00.00$0$174,002Software Engineer1220.25$5,7200.75$17,1601.00$22,8801.00$22,8800.25$5,9490.50$11,8980.00$00.00$0$86,486Quality Control1240.33$5,8340.33$5,8340.50$8,8400.50$8,8400.33$6,0681.00$18,3870.00$00.00$0$53,804Design Engineer1252.00$44,2002.00$44,2003.00$66,3002.00$44,2001.00$22,9841.00$22,9840.00$00.00$0$244,868Associate Design Engineer1272.00$36,4003.00$54,6003.00$54,6003.00$54,6002.00$37,8561.00$18,9280.00$00.00$0$256,984Sr. Test Engineer1300.00$00.00$01.00$23,9201.00$23,9201.00$24,8773.00$74,6300.00$00.00$0$147,347Test Engineer1350.00$00.00$02.00$45,7602.00$45,7604.00$95,1815.00$118,9760.00$00.00$0$305,677Project Coordinator1400.33$6,3491.20$23,0881.50$28,8601.50$28,8601.00$20,0100.70$14,0070.00$00.00$0$121,174Configuration Management1420.33$6,3490.70$13,4681.00$19,2401.00$19,2400.50$10,0050.70$14,0070.00$00.00$0$82,309Business Manager1500.33$6,5210.50$9,8801.00$19,7601.00$19,7600.50$10,2750.50$10,2750.00$00.00$0$76,471Activity "A" Subtotal7.23$151,41411.84$247,84217.46$372,00816.46$349,90812.24$274,84514.76$338,6490.00$00.00$0$1,734,6661Q062Q063Q064Q061Q062Q063Q064Q06TOTALWBS Level 2LaborEquivalentDirectEquivalentDirectEquivalentDirectEquivalentDirectEquivalentDirectEquivalentDirectEquivalentDirectEquivalentDirectDIRECTActivityLabor CategoryID CodePeople Rq'dCostPeople Rq'dCostPeople Rq'dCostPeople Rq'dCostPeople Rq'dCostPeople Rq'dCostPeople Rq'dCostPeople Rq'dCostCOSTActivityProject Manager1000.33$9,4380.33$9,4380.33$9,4380.33$9,4380.33$9,8160.33$9,8160.00$00.00$0$57,383"B"Sr. Systems Engineer1100.33$7,7220.33$7,7220.33$7,7220.33$7,7220.33$8,0310.33$8,0310.00$00.00$0$46,950Systems Engineer1120.50$11,1800.70$15,6520.80$17,8880.80$17,8880.50$11,6270.30$6,9760.00$00.00$0$81,212Sr. Design Engineer1200.50$11,7002.00$46,8002.00$46,8002.00$46,8000.50$12,1680.40$9,7340.00$00.00$0$174,002Software Engineer1220.25$5,7200.75$17,1601.00$22,8801.00$22,8800.25$5,9490.50$11,8980.00$00.00$0$86,486Quality Control1240.33$5,8340.33$5,8340.50$8,8400.50$8,8400.33$6,0681.00$18,3870.00$00.00$0$53,804Design Engineer1252.00$44,2001.00$22,1003.00$66,3003.00$66,3002.00$45,9681.00$22,9840.00$00.00$0$267,852Associate Design Engineer1272.00$36,4002.00$36,4003.00$54,6003.00$54,6002.00$37,8561.00$18,9280.00$00.00$0$238,784Sr. Test Engineer1300.00$00.00$01.00$23,9201.00$23,9201.00$24,8773.00$74,6300.00$00.00$0$147,347Test Engineer1350.00$00.00$02.00$45,7602.00$45,7604.00$95,1815.00$118,9760.00$00.00$0$305,677Project Coordinator1400.33$6,3490.33$6,3490.33$6,3490.33$6,3490.33$6,6030.33$6,6030.00$00.00$0$38,603Configuration Management1420.33$6,3490.33$6,3490.33$6,3490.33$6,3490.33$6,6030.33$6,6030.00$00.00$0$38,603Business Manager1500.33$6,5210.33$6,5210.33$6,5210.33$6,5210.33$6,7820.33$6,7820.00$00.00$0$39,646Activity "B" Subtotal7.23$151,4148.43$180,32614.95$323,36714.95$323,36712.23$277,52813.85$320,3480.00$00.00$0$1,576,3501Q062Q063Q064Q061Q062Q063Q064Q06TOTALWBS Level 2LaborEquivalentDirectEquivalentDirectEquivalentDirectEquivalentDirectEquivalentDirectEquivalentDirectEquivalentDirectEquivalentDirectDIRECTActivityLabor CategoryID CodePeople Rq'dCostPeople Rq'dCostPeople Rq'dCostPeople Rq'dCostPeople Rq'dCostPeople Rq'dCostPeople Rq'dCostPeople Rq'dCostCOSTActivityProject Manager1001.00$28,6001.00$28,6001.00$28,6001.00$28,6001.00$29,7441.00$29,7440.00$00.00$0$173,888"C"Sr. Systems Engineer1101.00$23,4001.00$23,4001.00$23,4001.00$23,4001.00$24,3361.00$24,3360.00$00.00$0$142,272Systems Engineer1120.50$11,1800.70$15,6520.80$17,8880.80$17,8880.50$11,6270.30$6,9760.00$00.00$0$81,212Sr. Design Engineer1200.50$11,7002.00$46,8002.00$46,8002.00$46,8000.50$12,1680.40$9,7340.00$00.00$0$174,002Software Engineer1220.25$5,7200.75$17,1601.00$22,8801.00$22,8800.25$5,9490.50$11,8980.00$00.00$0$86,486Quality Control1240.20$3,5360.33$5,8340.50$8,8400.50$8,8400.33$6,0681.00$18,3870.00$00.00$0$51,505Design Engineer1251.00$22,1002.00$44,2003.00$66,3003.00$66,3001.00$22,9840.50$11,4920.00$00.00$0$233,376Associate Design Engineer1272.00$36,4002.00$36,4003.00$54,6003.00$54,6002.00$37,8561.00$18,9280.00$00.00$0$238,784Sr. Test Engineer1301.00$23,9200.00$01.00$23,9201.00$23,9201.00$24,8773.00$74,6300.00$00.00$0$171,267Test Engineer1350.00$00.00$02.00$45,7602.00$45,7602.00$47,5905.00$118,9760.00$00.00$0$258,086Project Coordinator1400.33$6,3490.33$6,3490.33$6,3490.33$6,3490.33$6,6030.33$6,6030.00$00.00$0$38,603Configuration Management1420.33$6,3490.33$6,3490.33$6,3490.33$6,3490.33$6,6030.33$6,6030.00$00.00$0$38,603Business Manager1500.33$6,5210.33$6,5210.33$6,5210.33$6,5210.33$6,7820.33$6,7820.00$00.00$0$39,646Activity "C" Subtotal8.44$185,77510.77$237,26616.29$358,20716.29$358,20710.57$243,18714.69$345,0900.00$00.00$0$1,727,732PROJECT TOTAL22.90$488,60231.04$665,43448.70$1,053,58247.70$1,031,48235.04$795,56043.30$1,004,0870.00$00.00$00.00$5,038,748Budgetary Minimum$4,282,936Budgetary Maximum (NTE)$6,550,372LABORFORWARD PRICING DIRECT LABOR RATESID CODETITLE200520062007100Project Manager$55.00$57.20$59.49110Sr. Systems Engineer$45.00$46.80$48.67112Systems Engineer$43.00$44.72$46.51120Sr. Design Engineer$45.00$46.80$48.67122Software Engineer$44.00$45.76$47.59124Quality Control$34.00$35.36$36.77125Design Engineer$42.50$44.20$45.97127Associate Design Engineer$35.00$36.40$37.86130Sr. Test Engineer$46.00$47.84$49.75135Test Engineer$44.00$45.76$47.59140Project Coordinator$37.00$38.48$40.02142Configuration Management$37.00$38.48$40.02150Business Manager$38.00$39.52$41.10Projected Annual Rate Increase=4.00%

BUDGETARY COST ESTIMATING MODELHow To Use This ModelThe purpose of this model is to prepare typical project "budgetary cost estimates." It is a simplified model based solely on direct labor estimates and does not include cells for material, subcontract, or burdening costs (overhead, G&A, etc.).

Users of this model should replace "labor category" descriptions and ID codes to match those used by your company. Then, the "forward pricing labor rate" table, located at the bottom of the model should be updated to reflect your company's actual labor rates for each forecasted year. These are usually obtained from your financial department.

The model can be easily expanded to fit actual user needs and ultimately provides a "budgetary cost estimate range" based on the standards recommended by the American Association of Cost Engineers.

Profit ModelFill in white cells only. All others will be calculated automatically.YEARAssumptions12345678TOTALMARKETING FORECASTAverage sales price per unit10%per year$4,400$3,960$3,564$3,208$2,887$2,598Market size (units)10,00020,00040,00070,00040,00030,000Market share65%50%40%25%15%10%Unit sales6,50010,00016,00017,5006,0003,000TOTAL PROJECTED SALES$28,600,000$39,600,000$57,024,000$56,133,000$17,321,040$7,794,468$206,472,508PRODUCT COSTS12345678TOTALProject CostsProduct Conception$300,000$300,000Project Planning & Staffing$757,000$757,000Product Design$720,000$720,000Product Modeling$135,000$135,000Manufacture First Unit$350,000$350,000Test & Verification$250,000$250,000Total Product Development Costs$1,912,000$600,000$0$0$0$0$0$0$2,512,000Product Support Costs12345678TOTALCost per unit (production)5.0%per year$2,000$1,900$1,805$1,715$1,629$1,548$10,596Total production cost$13,000,000$19,000,000$28,880,000$30,008,125$9,774,075$4,642,686$105,304,886Maintenance Costs$100,000$100,000$100,000$100,000$100,000$100,000$600,000General & Administrative Expense1.0%of sales$286,000$396,000$570,240$561,330$173,210$77,945$2,064,725Overhead Expense5.0%of sales$1,430,000$1,980,000$2,851,200$2,806,650$866,052$389,723$10,323,625Marketing expenses2.0%of total sales$572,000$792,000$1,140,480$1,122,660$346,421$155,889$4,129,450Total Product Support Costs$15,388,000$22,268,000$33,541,920$34,598,765$11,259,758$5,366,243$122,422,686TOTAL PRODUCT COSTS$1,912,000$600,000$15,388,000$22,268,000$33,541,920$34,598,765$11,259,758$5,366,243$124,934,686PROFITABILITY FORECAST12345678TOTALProfit before tax (PBT)-$1,912,000-$600,000$13,212,000$17,332,000$23,482,080$21,534,235$6,061,282$2,428,225$81,537,822Return on investment (%)85.9%77.8%70.0%62.2%53.8%45.2%Cumulative PBT (Cash Flow)-$1,912,000-$2,512,000$10,700,000$28,032,000$51,514,080$73,048,315$79,109,597$81,537,822Total Product Costs$124,934,686Total Product Sales$206,472,508Benefit/Cost Ratio1.65Total PBT$81,537,822Return on Investment65.3%Return on Sales39.5%

Profit ModelThese prices fall at a rate proportional to the rate of improvement in price-performance of a product's underlying technology. For example, semiconductor unit prices typically fall at a rate of 25% to 30% per year. Computer printers may decrease by 15% per year. Each market has its own underlying long-term price trend.Projected market size is determined by the marketing department and is key to determining the overall profitability of a new product.This is the expected number of units to be sold as a percentage of the total market size.This is the expected number of units to be sold.The "Cost per Unit" usually decreases because of the learning curve common in industry. Typical learning curve might produce cost drops of 5% to 15% for every doubling of volume. The latter is called an 85% learning curve. Manufacturing should be involved with projecting these costs.This is usually applied as a percentage of sales and is typically obtained from the Finance Department. G&A expenses include the indirect expenses of company executives, attorneys, and in some cases, administrators.This is usually applied as a percentage of sales. This percentage is usually obtained from the Finance Department. Overhead expenses typically include costs associated with facilities, employee benefits, security systems, insurance, and utilities.This is usually applied as a percentage of sales. This percentage is usually obtained from the Finance Department.Total Product Cost is the sum of the Total Product Development Costs and the Total Product Support Cost.Profit before tax (PBT) is determined by subtracting the Total Product Cost from the Total Product Sales.The Benefit/Cost ratio is determined by dividing the Total Product Sales (Benefits) by the Total Product Cost.Total Profit Before Taxes is determined by subtracting the Total Product Costs from the Total Product Sales.Return-on-Investment is determined by dividing the Total PBT by the Total Product Cost and is usually shown as a percent.Return-on-Investment is determined by dividing the Total PBT by the Total Product Sales and is usually shown as a percent.

KTA ModelFill in unshaded cells only. Replace numbers & text with your own.MUSTSProduct AGo/No GoProduct BGo/No GoProduct CGo/No GoProduct APSP x SProduct BPSP x SProduct CPSP x SAchieve an ROI of at least 30%30%Go40%Go35%GoMay only get three of needed skilled people57-35Needed skills may not be available45-20New technology may create high risks24-8May have difficulty producing product55-2500-35-45-8WANTSWeightInfoScoreWeighted ScoreInfoScoreWeighted ScoreInfoScoreWeighted ScoreMeets customer needs25512541004100Favorable time-to-market (schedule)10550440330Minimal project cost5525315420Product can be easily modeled5420525315Minimal technology risks1500345575Predicted return-on-investment (ROI)251255125375Forecasted product reliability10330550330Producibility (can me made easily)5525315420000000000000000000000000TOTAL100Weighted Score300Weighted Score415Weighted Score365Risk Factor-35-45-8Adjusted Score265Adjusted Score370Adjusted Score357

KEPNER-TREGOE ANALYSISKEPNER-TREGOE ANALYSISRisk Factor CalculationsWeights must come to a total of "100."

RAM Example1 = Primary responsibility 2 = Must be consulted 3 = May be consulted 4 = Has approval authorityProjectSystemsProj. ControlsProjectTeamManuf.MarketingSubcontractDesignConfigurationPROJECT RESPONSIBILITIESManagerEngineerLeaderCoordinatorLeadersManagerSpecialistsManagerEngineersManagerDefine overall project goals1,422332233Oversee the development of a project plan1,422332233Develop a Work Breakdown Structure (WBS)2,421332233Establish top-level project requirements1,422332233Establish hardware specifications2,42,42,42,431,4Establish software specifications2,42,42,42,431,4Develop the project organization breakdown structure (OBS)1,4223333Define overall project workscope1,422333333Develop the project responsibility allocation matrix (RAM)1,422333333Identify major project technical risks & develop mitigation plans2,41,43322223Identify major project business risks & develop mitigation plans2,431,4332223Conduct make-or-buy decision process1,42233323Develop a project tracking system1,42233333Identify major project milestones1,42233333Develop a project reporting requirements1,42233333Conduct regular project status reviews2,422122222Prepare project budgets2,421,4222222Develop the detailed project schedule2,422122222Conduct designated product design reviews2,41,43322222Customer point-of-contact122Develop a project change-control system2,421,4222222Chair the change-control board1,422Identify and track all project baseline changes22321Coordinate change-control board activities21Manage subcontractors2,42213Develop a subcontract management plan434313Prepare a manufacturing plan2,42,4331,43Develop a team plan433312Develop a team RAM1Provide regular team status2212Identify and monitor customer needs2,42,42,43331,433

Responsibility Allocation Matrix

Stochastic Duration Estimating Fill in the white cells--all other cells are automatically calculated.Insert a start date below.ActivityOptimisticMost LikelyPessimisticExpected TimeVarianceStart Date =1-Jan-2006No.(o)(m)(p)TeProbabilityDurationEnd Date (7 d/wk)End Date (5 d/wk)10000.000.0010%001-Jan-0601-Jan-0620000.000.0015%001-Jan-0601-Jan-0630000.000.0020%001-Jan-0601-Jan-0640000.000.0025%001-Jan-0601-Jan-0650000.000.0030%001-Jan-0601-Jan-0660000.000.0035%001-Jan-0601-Jan-0670000.000.0040%001-Jan-0601-Jan-0680000.000.0045%001-Jan-0601-Jan-0690000.000.0050%001-Jan-0601-Jan-06100000.000.0055%001-Jan-0601-Jan-06110000.000.0060%001-Jan-0601-Jan-06120000.000.0065%001-Jan-0601-Jan-06130000.000.0070%001-Jan-0601-Jan-06140000.000.0075%001-Jan-0601-Jan-06150000.000.0080%001-Jan-0601-Jan-06160000.000.0085%001-Jan-0601-Jan-06170000.000.0090%001-Jan-0601-Jan-06TOTAL0.000.0095%001-Jan-0601-Jan-06

Stochastic Duration Estimating ModelEstimated cost/duration under ideal conditions.Most likely cost/duration for a given project task.Estimated cost/duration under worst case conditions.Expected value equals (o+4m+p) divided by 6, for a normal distribution.Variance is equal to p-o divided by 6 and the whole expression squared. See your student notebook.Dates assume that all days are working days.No holidays are assumed.

Time-Value CalculatorPresent Value (PV)nFuture Value (FV)Future Value (FV)nPresent Value (PV)$6,2100.14$9,092$000$0$11,3000.13$15,040$000$0$15,3800.12$18,610$000$0$18,6800.11$20,548$000$0$21,1860.10$21,186$000$0$000$0$000$0$000$0$000$0$000$0$000$0$000$0$000$0$000$0$000$0$000$0$000$0$000$0$000$0$72,756$84,476$0

Future Value CalculatorPresent Value CalculatorInsert value in decimal form.Insert value in decimal form.Insert value in decimal form.Insert value in decimal form.Insert value in decimal form.Insert value in decimal form.Insert value in decimal form.Insert value in decimal form.Insert value in decimal form.Insert value in decimal form.Insert value in decimal form.Insert value in decimal form.Insert value in decimal form.Insert value in decimal form.Insert value in decimal form.Insert value in decimal form.Insert value in decimal form.Insert value in decimal form.Insert value in decimal form.Insert value in decimal form.Insert value in decimal form.Insert value in decimal form.Insert value in decimal form.Insert value in decimal form.

Stochastic Cost EstimatingFill in the white cellsFill in the white cells--all other cells are automatically calculated.ActivityOptimisticMost LikelyPessimisticExpected CostVarianceNo.(o)(m)(p)CeProbabilityProject Cost1$0$0$0$0$010%$02$0$0$0$0$015%$03$0$0$0$0$020%$04$0$0$0$0$025%$05$0$0$0$0$030%$06$0$0$0$0$035%$07$0$0$0$0$040%$08$0$0$0$0$045%$09$0$0$0$0$050%$010$0$0$0$0$055%$011$0$0$0$0$060%$012$0$0$0$0$065%$013$0$0$0$0$070%$014$0$0$0$0$075%$015$0$0$0$0$080%$016$0$0$0$0$085%$017$0$0$0$0$090%$0TOTAL$0$095%$0

Stochastic Cost Estimating ModelEstimated cost/duration under ideal conditions.Most likely cost/duration for a given project task.Estimated cost/duration under worst case conditions.Expected value equals (o+4m+p) divided by 6, for a normal distribution.Variance is equal to p-o divided by 6 and the whole expression squared. See your student notebook.

BOE FormNo.Direct Labor HoursJanFebMarAprMayJunJulAugSepOctNovDecTotal102030405060Total Direct Labor Hours0000000000000Total Direct Labor Costs$0$0$0$0$0$0$0$0$0$0$0$0$0No.Direct Material/Other CostsJanFebMarAprMayJunJulAugSepOctNovDecTotal1$02$03$04$05$06$0Total Direct Material/Other Costs0000000000000No.Total CostsJanFebMarAprMayJunJulAugSepOctNovDecTotal1$0$0$0$0$0$0$0$0$0$0$0$0$02$0$0$0$0$0$0$0$0$0$0$0$0$03$0Total Cost0000000000000Basis Of Estimate Calculations (Direct Labor)123456

&R&18Basis of EstimateA labor rate of $50 per hour was used for illustration purposes. For better accuracy, actual labor rates should be used.

Benefit-Cost TableMarket Size150,000Estimated Market Share10.00%Unit Sales Price$300Projected Sales ($K)$4,500Total Project Cost ($K)$970Production Cost$1,875Overhead/G&A$45Total Profit Before Taxes ($K)$1,610Project B/C Ratio1.66WBS LevelWBS ElementCost ($K)% of TPCWeightB/C RatioCommments1SYSTEM$970100.0%1.001.662Segment 1.0$27027.8%0.452.683Subsystem 1.1$12512.9%0.202.584Module 1.1.1$757.7%0.102.154Module 1.1.2$505.2%0.103.223Subsystem 1.2$959.8%0.152.544Module 1.2.1$404.1%0.052.014Module 1.2.2$555.7%0.102.933Subsystem 1.3$505.2%0.103.224Module 1.3.1$303.1%0.063.224Module 1.3.2$202.1%0.043.222Segment 2.0$22022.7%0.302.203Subsystem 2.1$757.7%0.051.074Module 2.1.1$404.1%0.031.214Module 2.1.2$353.6%0.020.92The cost for this element outweighs the benefit3Subsystem 2.2$959.8%0.081.364Module 2.2.1$656.7%0.051.244Module 2.2.2$303.1%0.031.613Subsystem 2.3$505.2%0.041.294Module 2.3.1$151.5%0.033.224Module 2.3.2$353.6%0.010.46The cost for this element outweighs the benefit2Segment 3.0$34035.1%0.100.47The cost for this element outweighs the benefit3Subsystem 3.1$12012.4%0.010.13The cost for this element outweighs the benefitModule 3.1.1$707.2%0.010.12The cost for this element outweighs the benefitModule 3.1.2$505.2%0.010.16The cost for this element outweighs the benefit3Subsystem 3.2$10010.3%0.071.13Module 3.2.1$606.2%0.030.81The cost for this element outweighs the benefitModule 3.2.2.$404.1%0.041.613Subsystem 3.3$12012.4%0.020.27The cost for this element outweighs the benefitModule 3.3.1$808.2%0.010.20The cost for this element outweighs the benefitModule 3.3.2$404.1%0.010.40The cost for this element outweighs the benefit2Project Management$14014.4%0.151.733Project Coordination$303.1%0.021.073Configuration Mgt.$404.1%0.041.613Systems Engineering$707.2%0.092.07

Benefit/Cost TableCommercial Product Project Example"Weights" can be established from any of the following methods: a) Market surveys b) AHP pair-wise comparisons c) Conjoint analysis d) Customer inputs e) Delphi sessions with customer-knowledgable experts.

The method used should relate "weights" to identified customer needs, or requirements.The Benefit/Cost (B/C) ratio is equal to the "weight" times the total benefit (total profit before taxes) divided by the cost of the project element."Weights" can be established from any of the following methods:a) Market surveysb) AHP pair-wise comparisonsc) Conjoint analysisd) Customer inputse) Delphi sessions with customer-knowledgable experts.The method used should relate "weights to identified customer needs, or requirements.This value must always equal 1.0

Critical Path Crashing ToolSort table on "crash ratio" after the "Crash Project" values are inserted.Fill In whire cells onlyNORMAL PROJECTCRASHED PROJECTCRASH CALCULATIONSActivity No.DescriptionTimeCostTimeCostAllowable CrashCrash RatioProject DurationCumulative Project Cost0.0$00.0$00.0$00.0$00.0$00.0$00.0$00.0$00.0$00.0$00.0$00.0$00.0$00.0$00.0$00.0$00.0$00.0$00.0$00.0$00.0$00.0$00.0$00.0$00.0$00.0$00$00$0

Project Critical-Path Crashing TableThese are the times and costs for each task on the project's critical path, before they have been crashed.This is the total remaining time before crashing the critical path.This is the total cost of all critical path activities before crashing the critical path.This is the total remaining time if all of the critical path activities are crashed.This is the total cost of all critical path activities after crashing the critical path.

Risk AnalysisTriple Constraint AspectTechnicalScheduleCostTotalPriority Weight0.000.000.000.00Fill in white cells onlyTechnicalScheduleCostTOTALNo.Risk DescriptionPCWRFPCWRFPCWRFWRF1000.00000.00000.000.002000.00000.00000.000.003000.00000.00000.000.004000.00000.00000.000.005000.00000.00000.000.006000.00000.00000.000.007000.00000.00000.000.008000.00000.00000.000.009000.00000.00000.000.0010000.00000.00000.000.00

Weighted Risk Factor AnalysisMust equal 1.00

Zone Tracking Method45%Fill in white cells only.Week No.12345678910111213141516Schedule Events-PlannedSchedule Events-ActualVariance000000000000000Schedule Variance (%)0%0%0%0%0%0%0%0%0%0%0%0%0%0%0%Labor Hours-PlannedLabor Hours-ActualVariance000000000000000Cost Variance (%)0%0%0%0%0%0%0%0%0%0%0%0%0%0%0%

Zone Tracking Method

Schedule Variance (%)Cost Variance (%)Week No.VarianceProject Tracking

Earned-Value MethodFill in white cells only.Week No.12345678910111213141516Planned Value (PV)-Cumulative$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0Actual Cost (AC)-Cumulative$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0Earned Value (EV)-Cumulative$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0SPI0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00CPI0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00If font size is too small on the graph below increase its size for better viewing.Fill in white cells only.Estimate at Completion AnalysisWeek No.EAC=$0Total EV=$0TCPIEAC=0.00Total AC=$0TCPIBAC=0.00Estimate to Complete (ETC)=VAC=$0Budget at Completion (BAC)=VAC (%)=0%

Project Tracking -- Zone MethodProject Tracking -- Earned Value Method

Earned-Value Method

SPICPI

Control Staff Size

Planned Value (PV)-CumulativeActual Cost (AC)-CumulativeEarned Value (EV)-CumulativeWeek No.Value

For projects over $2 Million:Estimated Total Project Cost =$5,000,000Estimated annual labor rate ($/year) for "controls" personnel =$45,000Estimated project duration (years) =2.5For projects under $2 Million:Estimated Total Project Cost (