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Estimating Project Times and Costs

See attached file.

#2. (See attached for Exercise 5.2 WBS figure) Below is a project WBS with cost apportioned by percents. If the total project cost is estimated to be $600,000, what are the estimated costs for the following deliverables?

a. Design
b. Programming
c. In-house testing

What weaknesses are inherent in this estimating approach?

#3. See attachment.
Firewall Project XT. Using the "complexity weighting" scheme shown in table 5.2 WBS and the function point complexity weighted table shown below, estimate the total function point count. Assume historical data suggest five function points equal one person a month and six people can work on the project.

See attached for table

Answer the following questions

a. What is the estimated project duration?
b. If 20 people are available for the project, what is the estimated project duration?
c. If the project must be completed in six months, how many people will be needed for the project?

Please show all work.


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