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A WBS is prepared for the two or three best alternative solutions. They will dep
A WBS is prepared for the two or three best alternative solutions. They will depict the scope and expected cost of each alternative. A WBS breaks the work down into task or work packages (we will refer to them as tasks). These tasks must be analyzed to determine the resources that will be required to successfully perform them. In preparing a WBS, it is very important to obtain good estimates of labor hours, labor costs, and the cost of other resources for the tasks in each phase. This makes it possible to make an informed estimate of the probable cost of a proposed solution. The cost information also serves as inputs into the Template 7 economic analysis software. The economic analysis enables the IPT to compare the two or three best alternative solutions from a financial standpoint.
YOU WILL USE ASSIGN 3 TO CREATE TWO WBS FOR 2 ALTERNATE SOLUTIONS – INSTRUCTIONS ARE IN THE T5 DOCUMENT
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