Supply Chain Management Plan Literature & Language Essay (Essay Sample)

Final Project Assignment: Supply Chain Management Plan
Name
Institution
Project Cost
Before work begins in scheduled project, projected costs must be calculated and approved. By so doing, coming expenses are easily managed and tracked to ensure everything unfolds as a success. Thus, in a project, cost management entails estimation, allocation and control of project costs. The same extends and revolves around budgeting, funding and financing within an approved project scope (Heagney, 2016). Before the actual budgeting, costs, prices and resources are considered and predicted.
Table 1 showing the resources available
Resource

Rate

Project Sponsor

$98/hour

Project Manager

$46/hour

Procurement Manager

$33/hour

Human Resource Representative

$36/hour

Environment, Health, Safety, & Sustainability (EHS&S) Representative

$73/hour

Legal/Regulatory Representative

$92/hour

Table 2 showing the project Deliverables/Activities and Durations
Deliverable/Activity

Duration

Resource Name(s)

Resource Quantity/Rate

Activity Cost

1 Supplier Product Agreement





1 Sourcing Requirements





1 Sourcing Plan

3 days – 72 hours

Elton - manager

$46/hour

$3312

2 Sourcing optimization

2 days 24 hours

Elton - manager

$46/hour

$1104

2 Sourcing Proposal





3 Requirements analysis

3 days – 72 hours