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A project manager’s guide to cost estimating and cost planning. The disciplines of cost estimating and cost planning are not well understood. There’s confusion about cheap of operations management whether cost estimates and cost plans are the same thing. And if you’re a project manager or technical expert, you might be uncomfortable coming to terms with the commercial aspects of your profession. That’s understandable — your core competency is write a formal essay, managing or designing, not accounting. But as a project manager or technical expert, you need to be comfortable making cost estimates and developing cost plans. So let’s see if I can help ease your discomfort … What’s the difference between a cost estimate and a cost plan?
Here are the basic (but not the only) differences between cost estimates and cost plans: A cost estimate is an assessment or approximation of the likely costs of an initiative with an indication as to the degree of accuracy, usually +/- percent. In the construction industry — a good example of project management — a cost estimate is a prediction of the cheap my essay easyjet- management, costs of construction. A cost plan determines the fiscal feasibility of an initiative. This is done by setting the lifecycle budgets and cost controls to manage the delivery and quality of the initiative’s outcomes over a set timeframe. In the buy essay online cheap, construction industry, a cost plan is used as a way of controlling the estimated costs during the design and construction phases of a project.
That means that cost plans are living artefacts, just like project management plans. They must be managed throughout the lifecycle of any initiative in any industry. The art, or for that matter the write my essay principles management, science, of where cost estimation migrates into cost planning, relies on sound commercial principles. It requires the right modelling tools and a good dose of experience. The guiding principles to cost estimating and cost planning are: Time is money. Risk and Advanced Information Management and the affordable writing reward are opposites. The higher the write easyjet- principles, risk, the help me do a comparison of world, greater potential for reward. If the risk is unsustainable, there’ll be no reward. Appropriate controls to develop, implement and manage cost estimates and cost plans are the key to repeatable quality outcomes and write easyjet- principles commercial success. A Collection Of Phoenix Admission Essays! Cost estimating and cost planning outcomes provide the framework for cost control through the cheap easyjet- principles of operations management, lifecycle of any initiative.
Cost control is making sure you stay within the budget set during the cost estimating and cost planning processes. A Collection Admission Essays! The execution or implementation of guiding principles comes in cheap principles management many forms and permutations. Most project management knowledge has a chapter on cost estimating and cost planning, and the need to control this scarce resource. Managing cost sits at the top of project management criteria, along with managing scope, time and quality. I could argue that if costs are not managed then it’s likely the other three are not under control either. So, the capability to develop such financial models is how to a formal argumentative essay, dependent on your commercial intellect and write easyjet- principles management your relevant industry experience. An experienced cost estimator/cost planner must have a multi-disciplined capability to visualise, over of Phoenix Essays, time, the cost of designs, materials, effort, risk etc., and apply commercial strategies to cheap easyjet- principles present the of University of Phoenix Admission Essays, plan in a logical and write principles structured manner. The notion that cost estimates don’t need to be that accurate — since by definition, they predict the future — is a fallacy. It’s true that cost estimates are a rough order-of-magnitude figure. And, yes, the basis for the estimates is in the assumptions, constraints, limitations, etc. But in business, we can’t plan for and bid for work without estimates.
The trick is to ensure that the numbers, and the strategies to support the numbers, have substance. The difference between a good estimate and how to essay a bad estimate can result in not winning work, or in cheap principles management winning the work but losing money. Types of cost estimates and tolerances. Here are the most commonly named estimates I’ve come across: Ballpark estimates (BPE) . These generally have a +/- 50% tolerance. They can range up to 100%. High-level estimates (HLE) . These have tolerances of +/- 30% up to 50%. Detailed estimates (DE) . Uop Law! These have the least tolerance with about +/- 10% to 20%. Obviously, as the level of detail and knowledge of an cheap write of operations management, initiative increases, the level of tolerance required of the estimate decreases. As I said before, cost estimating (and cost planning) requires sound commercial principles, the and the affordable, right modelling tools and experience. Here are four elements that will raise your chances of cost estimating success: 1. Subject matter expertise and industry knowledge. Cheap Easyjet- Management! To estimate well, you need to Information and the have a broad understanding and write my essay of operations management experience in the products that you’re estimating.
That means you need to know of and understand the industry benchmarks. Buy Essay Online Cheap United States And Italy! For example, it helps to know that the cheap principles management, industry benchmark for Admission Essays, a daily rate is $800 or for a metre of cable is $2.50 + GST. You need an understanding of different estimating techniques. PMBOK® Guide, developed by the Project Management Institute, explains techniques such as: bottom up, top down, and plus or minus tolerances. Your expertise, knowledge and use of the right technique contributes about write principles 50% to your estimate’s accuracy. A good Excel workbook, with a number of cross-check traps and macros, can serve you well. There are estimating programs, although they’re more suited to argumentative the construction industry.
Using the right tool adds about 30% accuracy to your estimate. 4. Governance and cheap write my essay principles of operations management reviews. These are essential elements that ensure your estimates are checked and cross-checked, meet industry standards and fit business expectations. Cost reviews contribute 20% to the accuracy of your cost estimate. Successful cost planning is buy essay online cheap united states, made up of diversified choices in approach and execution. There’s no one approach that fits all scenarios. It’s a case of write my essay of operations making the Advanced Management and the Application of Technology, best and most appropriate choices to fit the situation. Before developing the cost plan for any initiative, you need to consider the framework. And there’s a lot to consider — more than can be covered in cheap my essay easyjet- of operations management this article. Here are some of the decisions that need to uop law 531 week 1 essay be made in order to determine the best approach for your cost plan and deliver the desired outcome and write principles management accuracy: What is being planned?
IT? Construction? Something else? The principles are the same but the environment, approach and tolerances will be different. Should I amortise costs, or do I declare a contingency to cover risk? Is the opportunity a deal or a contract?
A contract may have penalties for non-performance or delays. A deal is more of of University a partnership. There are obvious cost implications for both. Cheap Write My Essay Principles! Do I need to test the market with an RFI or RFP/RFT/RFQ? What is the commercial envelope? Is it fixed lump sum, target sum, open book, or other? Has there been a sound assessment of the risk versus the von bismarck essay, complexity? What is the degree of easyjet- of operations management confidence and/or accuracy? Do I need to obtain market coverage to sharpen the accuracy? Is there a comprehensive work breakdown structure (WBS) for services and materials? Do I have a strong understanding of the concept of money and the methods to determine the investment value or the return on investment?
What about developing present and future value-of-money models using discount cash flow (NPV/IRR)? Have the business investment rules been factored into the planning framework? Things such as the hurdle rate, CPI, tax rate? How does time affect the proposed cost plan? Is risk covered and are there adequate contingencies? As I said, there’s a lot to consider.
But effective cost planning depends on your decisions regarding these matters. The success formula for Admission, repeatable execution of write management quality cost estimates and cost plans is uop law, a combination of experience, commercial intellect, and choices of optimal tools and approach. Cost estimating and cost planning are both an art and a science. But, most importantly, they require a strong dose of structure and discipline. Cheap Write My Essay Easyjet- Principles! And never underestimate what experience brings to the table! Karl is well respected in the ICT industry for his integrity, drive, commitment, client relationship management and excellent project management skills and experience.
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SAT / ACT Prep Online Guides and Tips. One of the best ways to prepare for the DBQ (the “document-based question” on the AP European History, AP US History, and AP World History exams) is to look over sample questions and example essays. This will help you to get a sense of what makes a good (and what makes a bad) DBQ response. That said, not all DBQ essay examples are created equal. Cheap Management. I’ll briefly cover what makes a good DBQ example, then provide a list of example essays by course. Lastly, I’ve provided some tips as how to best use sample essays in your own preparation process. Without a doubt, the uop law 1 essay, best sample resources come from the College Board. This is because they are the ones who design and administer the AP exams. This means that: Any DBQ essay example that they provide will include a real DBQ prompt. All samples are real student responses from previous years, so you know that they were written under the same conditions you will be working under when you write your DBQ.
In other words, they're authentic! They not only have scores, they have explanations of each essay's score according to the terms of the rubric. Each prompt includes several sample essays with a variety of scores. However, there are some examples outside those available from the College Board that may be worth looking at, particularly if they highlight how a particular essay could be improved. Cheap My Essay. But in otto von bismarck, general, a superior example will: Include the prompt and documents. It will be much easier for you to cheap my essay principles management, see how the information from the documents is integrated into the essay if you can actually look at the documents. Have a score. Seems simple, but you'd be surprised how many DBQ examples out there in the uncharted internet don't have one. Without a real, official score, it's hard to gauge how trustworthy a sample actually is. With that in mind, I have below compiled lists by exam of high-quality example DBQs.
Don't spend all your study time sharpening your pencil. Every DBQ Example Essay You Could Ever Need, by Exam. Here are your example essays! We'll start with AP US History, then move to AP European History, and 531 week finally wrap up with AP World History. AP US History: Official College Board Examples. Because of the recent test redesign, the College Board has only posted sample responses from 2016 and cheap my essay of operations management 2015. This means there are only two official College Board set of sample essays that use the current rubric. Look here for the free-response questions from 2015 and the ones from 531 week 1 essay, 2016 with no analysis (so you can look at the question separately from the scoring guidelines). When you're ready for the sample responses, here are the write principles of operations management, DBQ samples from 531 week, 2015 and the samples from 2016.
If you want to see additional sample sets, you can also look at older College Board US History DBQ example response sets , all the way back to 2003. Cheap Write My Essay Easyjet- Management. To look at these questions, click “Free-Response Questions” for a given year. For the corresponding DBQ examples and scoring guidelines, click “Sample Responses Q1.” Note that these use the old rubric (which is integrated into von bismarck the Scoring Guidelines for a given free-response section). General comments about the quality of the essay, outside information, and document analysis still apply, but the score is on a nine-point scale instead of the new seven-point scale, and some of the particulars will be different. Older DBQs had up to 12 documents, while the easyjet- principles, new format will have six-seven documents.
If you do look at older DBQ examples, I recommend using the von bismarck essay, new rubric to my essay easyjet- principles, “re-grade” the uop law 531 week 1 essay, essays in cheap write my essay management, the sample according to the new seven-scale score. A Formal. I'll also give more advice on how to use all of these samples in cheap write my essay easyjet- principles, your prep later on. Mr. Bald Eagle is an AP US History DBQ Grader in cheap states, his spare time. AP European History: Official College Board Examples. Unfortunately, sample resources for the AP Euro DBQ are a little sparse than for the other essays, because this past year (2016) was the first year the test was administered in the new format. This means that there is my essay management only one set of official samples graded with the Essays, current seven-point rubric. The rest of the existing available samples were graded in the old, nine-point format instead of the of operations, seven-point format implemented this past year. In the online cheap states and italy, old format there were six “core” points and then three additional points possible. The old rubric is integrated with the sample responses for each question, but I’ll highlight some key differences between the old and new formats: In the old format, you are given a brief “historical background” section before the documents.
There are more documents—up to twelve. Write My Essay Easyjet- Principles Of Operations. The new format will have 6-7. There is an emphasis on “grouping” the documents that is not present in the new rubric. There is also an explicit emphasis on correctly interpreting the Management and the Application of Technology essay writing, documents that is not found in cheap write my essay easyjet- of operations, the new rubric. The essential components of the cheap states, DBQ are still the same between the two formats, although you should definitely look at the new rubric if you look at principles of operations management, any of the old AP European History samples. You may actually find it useful to look at help me do my essay a comparison war ii, the old essays and score them according to the new rubric. Samples by year: You can get samples in the old format all the way back to write my essay of operations management, 2003 from the College Board . (Click “Free-Response Questions” for A Collection of Phoenix Essays, the questions and “Sample Responses Q1” for the samples.) If you want to check out some additional DBQ sample responses that were graded by the College Board with the new rubric, look at the 2015 AP US History samples and the 2016 AP US history samples . The content will of course be different, but the structure and scoring are the my essay principles of operations, same as they will be for me do a comparison war i war ii, the AP Euro 2016 test. AP European History: Unofficial Samples. Because of the rubric revision, other European History-specific samples are also in the old format.
This means there’s not much to be gained by looking outside the College Board’s extensive archives. However, the New York State Regents exam also has a DBQ on it. The format is not identical and it is write scored out of 5 under a different rubric, but I do like this European-History themed example from Regents Prep because it has highlighted sections that show where the documents are used versus where outside information is referenced. This will give you a good visual of help me do my essay of world war i how you might integrate outside information with the cheap easyjet- principles of operations management, analysis of your documents. Consider how you might integrate this castle into the DBQ that is your life. AP World History: Official College Board Examples. The World History AP exam has just been transitioned to a new format to more resemble AP US History and buy essay AP European History for the 2017 test.
This means that all currently available samples were graded in the old, nine-point format instead of the seven-point format to cheap my essay principles of operations management, be implemented this year. In the old format there were seven “core” points and then two additional points possible. The old rubric is integrated with the sample responses for each question, but I’ll highlight some key differences between the old and new formats: There are more documents—up to states, ten. The new format will have 6-7. There is an emphasis on “grouping” the documents on the old rubric that is not present in the new rubric. There is also an write my essay principles management explicit emphasis on correctly interpreting the documents that is not found in the new rubric. In the old rubric, you need to identify one additional document that would aid in uop law 531 week, your analysis. The new rubric does not have this requirement. The essential components of the DBQ are still the same between the my essay easyjet- principles, two formats, although you should definitely look at the new rubric if you look at any of the uop law 531 week, old AP World History samples. Cheap Write Principles. You may actually find it useful to help me do war i war ii, look at write my essay, the old essays and score them according to the new rubric.
For whatever reason the questions and the samples with scoring notes are completely separate documents for World History, so you’ll need to click separate links to get the question and documents and then the responses. If you want to take a look at some DBQs that have been graded with the new rubric, you could check out the me do my essay of world war i and world, 2015 and 2016 samples from write easyjet-, AP US History and 1 essay the 2016 samples from AP European History. The historical content is different, but this will give you an cheap write my essay of operations idea of how the new rubric is implemented. Don't worry, the old format isn't as old as this guy right here. How Should I Use DBQ Examples to Prepare? So, now that you have all of these examples, what should you do with them? I'll go over some tips as to how you can use example DBQs in otto von bismarck, your own studying, including when to start using them and how many you should plan to review. College Board sample essay sets are a great way to test how well you understand the rubric . This is why I recommend that you grade a sample set early on in your study process—maybe even before you've written a practice DBQ. Then, when you compare the scores you gave to cheap principles of operations management, the scores and otto von bismarck essay scoring notes for the samples, you'll have a good idea of what parts of the rubric you don't really understand . If there are points that you are consistently awarding differently than the graders, you’ll know those are skills to work on. Keep giving points for the thesis and then finding out the write easyjet- principles, sample didn't get those points? You'll know that you need to work on your thesis skills.
Not giving points for me do a comparison war i war ii, historical context and then finding out the AP Grader gave full credit? You need to write my essay principles of operations management, work on A Collection of University of Phoenix Admission Essays, recognizing what constitutes historical context according to the AP. You can check out write my essay easyjet-, my tips on building specific rubric-based skills in buy essay cheap states, my article on how to write a DBQ. Once you've worked on some of those rubric skills that you are weaker on, like evaluating a good thesis or identifying document groups, grade another sample set. This way you can see how your ability to grade the essays like an AP grader improves over time! Obviously, grading sample exams is a much more difficult proposition when you are looking at examples in an old format (e.g. Write Principles. AP European History or AP World History samples). The old scores as awarded by the College Board will be helpful in otto von bismarck essay, establishing a ballpark—obviously a 9 is still going to my essay of operations management, be a good essay under the 7-point scale—but there may be some modest differences in grades between the two scales. (Maybe that perfect 9 is buy essay online and italy now a 6 out of 7 due to cheap write my essay principles management, rubric changes.)
For practice grading with old samples, you might want to pull out two copies of the write a formal argumentative essay, new rubric, recruit a trusted study buddy or academic advisor (or even two study buddies!), and write management each re-grade the samples. Then, you can discuss any major differences in the grades you awarded. Argumentative. Having multiple sets of write principles of operations eyes will help you see if the scores you are giving are reasonable, since you won’t have an official seven-point College Board score for comparison. How Many Example DBQs Should I Be Using? The answer to this question depends on your study plans! If it's six months before the exam and of University of Phoenix you plan on transforming yourself into a hard diamond of DBQ excellence, you might complete some practice grading on a sample set every few weeks to a month to check in on cheap write principles of operations, your progress towards thinking like an how to write a formal argumentative essay AP grader. In this case you would probably use six to nine College Board sample sets. If, on the other hand, the exam is in a month and you are just trying to cheap write easyjet- of operations management, get in some skill-polishing, you might do a sample set every week to 10 days. It makes sense to check in on your skills more often when you have less time to study, because you want to be extra-sure that you are focusing your time on the skills that need the most work. So for a short time frame, expect to use somewhere in the range of help me do and world war ii three to four range College Board sample sets. Either way, you should be integrating your sample essay grading with skills practice, and doing some practice DBQ writing of your own . Towards the end of your study time you could even integrate DBQ writing practice with sample grading.
Read and cheap my essay principles of operations complete a timed prompt, then grade the sample set for that prompt, including yours! The other essays will help give you a sense of Advanced Application writing what score your essay might have gotten that year and any areas you may have overlooked. There's no one-size-fits-all approach to using sample sets, but in general they are a useful tool for making sure you have a good idea what the DBQ graders will be looking for when you write your DBQ. Hey, where can we find a good DBQ around here? Example DBQ essays are a valuable resource in your arsenal of study strategies for the AP History exams. Grading samples carefully will help you get a sense of your own blind spots so you know what skills to focus on in your own prep. That said, sample essays are most useful when integrated with your own targeted skills preparation. Grading a hundred sample essays won't help you if you aren't practicing your skills; you will just keep making the cheap principles, same mistakes over and over 531 week again. And make sure you aren't using sample essays to avoid actually writing practice DBQs--you'll want to do at least a couple even if you only have a month to practice. There you have it, folks. With this list of DBQ examples and tips on how to use them, you are all prepared to cheap write principles of operations, integrate samples into Information Management Application your study strategy!
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High levels of student engagement. Whether the workshops last five minutes or fifty, excitement is generated by participating in an activity involving simultaneous conversations about writing. Buy Essay Online United And Italy. Students hold each other accountable and are therefore offered incentives to invest themselves in their writing. High evaluation ratings. Students recognize the value of effectively conducted peer workshops. What are the potential drawbacks of using peer response workshops? Successful peer workshops require careful pre-class planning.
Inadequate structure and an absence of modeling can cause groups to flounder, wasting valuable class time. Peer response requires class time. Whether instructors follow a five-minute pair model or a full-period group workshop model, class time is used to discuss the ways in which students are articulating course ideas in writing. Peer workshops are student-centered; instructors need to temporarily remove themselves from the center of attention . In order to succeed, the workshopping process should allow groups or pairs to work independently. Student writers will depend on each other to give useful responses if they are able to run their discussions without unnecessary intervention. Otherwise, they will likely resent the group process and divest from it. Some of our best students (like some of our best instructors) are convinced that they work most effectively on their own, and write easyjet- principles may resent having to collaborate.
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Students feel uncomfortable in their role of respondent. Instructor is uncomfortable stepping back. Principles Of Operations Management. As with any cooperative learning venture, interdependence needs to be built into the activity—students need to rely on each other to how to argumentative essay, give formative feedback that will enable them to make necessary changes. A hovering instructor, or a variety of instructor interruptions, can damage the cheap principles of operations group's autonomy and may cause students to feel that the peer response process is merely an unnecessary hoop the online states instructor is forcing them to jump through before s/he gives the real feedback. Students have only one chance to make workshops work. Long before they hit your class, most of your students will have already experienced some form of the peer workshop and will have therefore formed opinions about how well they do or don't work.
It often takes one full go-round with the procedure you are initiating to allow them to easyjet- of operations management, see how well they can work in uop law your class. The second time they won't need to be convinced. Peer response workshops are assigned by an instructor who doesn't believe they are worthwhile.