PM 571 Week 3 Individual Assignment Project Time and Cost Exercises 1. Mrs. Tolstoy and her husband, Serge, are planning their dream house. The lot for the house sits high on a hill with a beautiful view of the Appalachian Mountains. The plans show the size of the house to be 2,900 square feet. The average price for a lot and house similar to this one has been $120 per square foot. Fortunately, Serge is a retired plumber and feels he can save money by installing the plumbing himself. Mrs. Tolstoy feels she can take care of the interior decorating. 2. 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? 3. Firewall Project XT. Using the â€œcomplexity weightingâ€ scheme shown in Exercise 5.3 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.
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