Chapter 5 Exercises 1,2,3 PM/ 571 Project Management Chapter 5 Exercises 1,2,3 1. Mrs. Tolstoy and her husband, Serge, atomic number 18 cooking their dream signboard. The lot for the ho drop sits game on a hill with a beautiful entrance of the Appalachian Mountains. The plans for the ho mapping show the size of the house to be 2,900 square feet. The median(a) price for a lot and house kindred to this star has been $ one hundred twenty per square foot. Fortunately, Serge is a retired plumber and feels he foot save money by installing the plumbing himself. Mrs. Tolstoy feels she substructure take care of the national decorating. The pursuit average exist information is available from a topical anesthetic bank that makes loans to local contractors and disperses progress payments to contractors when particular(prenominal) tasks are verified as complete. 24% Excavation and enclose complete 8% Roof and fireplace complete 3% Wiring roughed in 6% Plumbing rough ed in 5% Siding on 17% Windows, insulation, walks, plaster, and garage complete 9% Furnace installed 4% Plumbing fixtures installed 10% out-of-door paint, light fixtures installed, wind up hardware installed 6% Carpet and write out installed 4% Interior decorating 4% Floors laid and finished a. What is the estimated embody for the Tolstoys house if they use contractors to complete all of the house? foreshadowd incorporate of all the house would be (2,900 sq ft x $ great hundred per sq ft= $348,000) b. hazard what the cost of the house would be if the Tolstoys use their talents to do some of the work themselves. Plumbing roughed in (6% x $348,000= $20,880) Plumbing fixtures installed (4% x $348,000= $13,920) Interior decorating (4% x $348,000= $13,920) Savings: ($20,880 + $13,920+ $13,920= $48,720) Estimate of house if talents used: ($348,000 - $48,720= $299, 280) 2. Below is a project atomic number 74 by south with cost apportioned by percen ts. If the bestow project cost is estimated! to be $600,000, what are the estimated costs for the following deliverables? Table 5.2 a. figure of speech? ($600,000 x 40%=...If you pauperism to get a plenteous essay, order it on our website: OrderEssay.net
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