Assignment
PART I
For the first part of your assignment, address the following:
· The project plan is important to use as a guideline for forecasting and determining cost and resources. What specific issues are part of forecasting and determining cost and resources for your project? The project title is: ‘Improving workers and patients Safety in a healthcare setting'.
· Share an experience from your professional life related to project planning and cost estimation. If you do not have any relevant experience, discuss an issue from other professional or scholarly literature that piqued your interest, and explain why you selected it.
· 175 words plus reference with APA format.
PART II
For the second part of this assignment, discuss how you will determine the expected value of the project (‘Improving workers and patients' safety in a healthcare setting'). Include the following:
· Examine the sources of information that can be used for budgeting.
· Determine the probability that the information is correct. Would simulation increase the accuracy? Why or why not?
· Relate the information to your specific project.
· 180 words plus reference with APA format.