Formulate Resource Estimates and Project BudgetsInstructionsUsing a re-carpeting project as an example for this assignment, research resource estimation techniques necessary to generate a high level b

Formulate Resource Estimates and Project Budgets

Instructions

Using a re-carpeting project as an example for this assignment, research resource estimation techniques necessary to generate a high level budget for the project. Formulate the resource estimates and budget for the project in a spreadsheet. Your spreadsheet should include:

• integrating scope with costs and schedules,
• management reserves,
• project baseline,
• methods used to plan earned value and control account plans.

In addition, provide a brief explanation of the project and the process implemented to formulate the estimates and initial budget. Justify your selection of necessary resources based on the budget you prepared.