Project Management. Management Coursework. Scenario 1

Note: Scenario 1 (questions 1 and 2) has a value of 17 points; scenario 2 (questions 16-22) has a value of 23 points; all other questions have a value of 3 points each.
Scenario1:
You and your spouse have purchased a foreclosure you hope to flip for a profit. The two bathrooms had been recently remodeled by the previous owners. The three bedrooms need only cosmetic work – something you decide to undertake yourself. The majority of your budget will be used for remodeling the kitchen, the dining room, and the family room.
Since this is your first flip, you’ve hired an experienced home inspector to help you scope the project. You want to track costs carefully to stay as close to budget as possible and to give you an accurate baseline for similar work in future flips. Rather than doing a hierarchical decomposition of the project into various products/outcomes and then adding work package descriptors for each lowest-level product/outcome, you chose to list the components that needed work and then describe the work that must be completed for each of these components. NOTE: You’ve described the work that must be completed for each of the components using action-oriented phrases. For the purposes of this question, assume these are work package descriptors and that these work package descriptors are NOT decomposed into lower level elements.
You’ve mentally segregated the work into two broad categories: (1) higher priority work and (2) lower priority work. The higher priority work includes modifications to the electrical, HVAC, and plumbing systems, removal of two walls to provide an open concept arrangement, and common flooring throughout the kitchen, family room, and dining room areas. The remaining work you consider to be of lower priority. The scope and/or quality of finishes in the kitchen, dining room, and/or family room may have to be reduced if the cost of the higher priority work becomes an issue. You’ve also decided to add several control accounts within the two broad categories of work so that you can monitor and manage costs more effectively. These control accounts include:
* Utilities and Services (Electrical, HVAC, and Plumbing)
* Wall Removals
* Kitchen
* Dining Room (DR)
* Family Room (FR)
You decide to work backwards from your current list of work (shown below) to develop a WBS. You start by adding an element that represents the entire project and numbering it zero. To complete the WBS, you have to: (1) add the elements representing your two broad categories of work and the five control accounts; and (2) add a numbering system.
Question 1: Modify the WBS to add the two broad categories of work and the five control accounts listed above. DO NOTmake any other changes to any WBS elements.
Broad categories higher priority work and lower priority work
Control accounts
* Utility and expenses
* Wall removals
* Kitchen
* Dining room
* Family room
Question 2: Complete numbering the work breakdown structure in a hierarchical manner once these new elements are added. You want your scheduling software to roll up work package costs to these control accounts and the two broad categories of work.
NOTE: Your WBS must not violate any WBS core chara...