Project Management-Assignment Use MS Project to enter resources, resource costs
ScenarioUsing the Gantt Chart you developed in Assignment 2, and the information provided on the spreadsheet titled Assignment 3 – Additional data, your assignment is to determine the total estimated cost of the robotic welding machine implementation project.AssignmentUse MS Project to enter resources, resource costs, and assign resources to project tasks. Turn in a deliverable that specifically answers the following.1. Produce Resource, Cost, Dashboard, or other reports from MS Project that best show the total estimated cost of the project and the timeframe when costs are planned to occur.2. What is the total human resource cost of the project?3. What is the total equipment purchase cost of the project?4. What is the total cost of the project?Human Resource CostsResource NamePaulDaleTerriJoeJob titleProject ManagerDesign AnalystTechnical WriterJunior AnalystInitialsPMDATWJAGroup1111Standard Rate Overtime Rate$60$60$40$50$30$40$25$30Note: Resource costs are not expected to increase (or decrease) for the duration of the project.Equipment Purchase CostsPayment due at completion of:Negotiate contract termsInstall equipmentSystem and process testTotal CostPayment$100,000$400,000$225,000$725,000Note: Based on past expereince War Eagle anticipates the welding machine to be purchasedin three payments. The company plans for the payments to be made at the conclusion of thethree taks listed in the table above.#Task1 Initiate project2 Identify steering committee (SC)3 Kickoff meeting4 Draft project charter5 Steering Committee project signoff6 Select vendor7 Produce list of requirements for RFP8 Prepare RFP9 Identify primary vendors10 Issue RFP11 RFP response deadline12 Score vendor proposals13 Identify top 3 finalist vendors14 Vendor presentations15 Score finalists16 Select vendor17 Implementation18 Negotiate contract terms19 Confirm equipment delivery schedule20 Design training materials21 Management "go forward" checkpoint22 Install equipment23 Machine test24 Train facility personnel25 System and process testing26 Begin live production27 Manage project28 Team status reporting29 Steering Committee updates30 Final project report31 Project completed- – – – – Staff Assignments – – – – PaulDaleTerriJoexxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxNote: Resources are expected to work on each assigned task for the full duration of the task.