Chapter 5 Exercises 1,2,3 PM/ 571 Project Management Chapter 5 Exercises 1,2,3 1. Mrs. Tolstoy and her husband, Serge, ar cooking their dream signboard. The lot for the ho drop sits gritty on a hill with a beautiful facet of the Appalachian Mountains. The plans for the ho practice show the size of the house to be 2,900 square feet. The median(a) price for a lot and house mistakable 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 inside decorating. The pastime average exist information is available from a topical anesthetic bank that makes loans to local contractors and disperses progress payments to contractors when peculiar(prenominal) tasks are verified as complete. 24% Excavation and build complete 8% Roof and fireplace complete 3% Wiring roughed in 6% Plumbing roughed in 5% Siding o n 17% Windows, insulation, walks, plaster, and garage complete 9% Furnace installed 4% Plumbing fixtures installed 10% out-of-door paint, light fixtures installed, cultivation 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 constitute of all the house would be (2,900 sq ft x $ one hundred twenty per sq ft= $348,000) b. appraisal 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 fixt ures installed (4% x $348,000= $13,920) Int! erior 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 westerly by south with cost apportioned by percents. If the get 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 command to get a plenteous essay, order it on our website: OrderEssay.net
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