The most challenging aspect of estimating the cost
of an activity is time and money. For example, I was asked to assist with
building a reading and writing workshop program. Initially, the concept seemed
easy on paper. However, when it came to constructing the actual workshop money
and time seemed easy on paper. However,
when it came to constructing the actual workshop money and time seemed to be
the biggest problem. Some of the challenge was the amount of time to build a
good program that addressed all the program objectives. Additionally a major
hurdle is money. The organization began
with a specified amount allotted to this peculiar program. However, due to
shifts in budget, money had to be removed from this project to assist with
other revamped in order to stay with the new budget allocations. Here are two
resources that would be helpful in estimating cost and resources:
This website furnishes an assortment of
beneficial information that is relevant to constructing a successful budget for
a project. Some of the advantageous information in which it provides includes
the rationale for a budget, an approximation of expense for training or
specialized needs, expansion guide for e-learning or generating the program,
and technology costs. It dissects the information based on the needs of the
organizations and furnishes examples of potential costs so the project manager
is able to budget. This site can be utilized to assist in designing
the budget by providing some precise fees for labor, personnel charges, and
cost for other essential needs. I would employ this site at the initial stages
of the budget process in order to obtain particular figures that will allow me
to develop a budget for a program or allow me to stay within the restrictions
of a budget from an organization.
This website provides an exceptional arrangement of procedures and instructions
for delivering enhanced estimates. The information provided on this site ranges
from illustrating a structure for augmenting the conventional methodology of approximating
instructional design or development time to extending the customary industry typical
proportions which comprise circumstances which have an elevated influence on
the hours estimated. Other pertinent information that this site provides are
graphics that allow the user to visually understand the tasks required for the project
as well as differentiated tasks by simple or complex. I would use this site to
assist with helping to develop a tasks chart for the team members of the project
as well as estimating the amount of time that will be focused on each task.
References
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