Project Cost Management and Control - Term Project Essay

Project Cost Management and Control - Term Project - Essay Example 8% range for 30-year mortgages, possibly even higher, on or near the second quarter of 2008, so by seeing this situation we have to plan in such a way that the overall project gets a success. The basic aim of this section is to estimate the project cost for the overall project activities. I have decided to divide the project into different section and then estimate each sub task. As I have researched about this way of estimating turns out to be more effective and accurate. My basic aim is to divide the project to root level and estimate the each sub task of this project In this process of estimation I have tried to streamline each aspect of the home construction and incorporate each vital task so that the overall estimation turns out to be accurate. I have estimated the cost $ 25100. An order of magnitude estimates for this project as I have accessed is $ 26000 is approximately. Now we can apply for loan in a couple of local banks to pre-qualify us for the loan(s) we shall need for the project. Now I will present the task responsibility matrix for the overall project activities. Here I will present the main team members name and their responsibilities regarding the project activities. I have accessed these activities from the WBS. Now in this section I will present the Gantt chart of this project. I have used MS Project for this purpose. MS Project is project management tool for different project management activities. I have allocated estimated time to each project activity and ensured that each task have enough time for overall completion of that task. This house is selling for $230,000 and the land costs $30,000, then the construction cost is around $200,000. The home is 2,000 square feet, and then the cost per square foot is $100. This house has kitchen, two bed rooms, a lawn and total 5 rooms. This house is selling for $100,000 and the land costs $50,000, then the construction cost is around $150,000. The home is 5000 square feet, and then the cost per