Complete The Two Tasks: Task 1 Project 6 Don Funk Music Vide

Complete The Two Taskstask 1project 6 6 Don Funk Music Video Cost

Complete the two tasks: TASK 1) Project 6-6: Don Funk Music Video – Costs Per Use. You need to update the Don Funk Music Video project schedule to reflect several resources that have a cost associated with each use. OPEN Don Funk Music Video 6-6 from the data files for this lesson. 1. Enter the following cost per use information for the specified resources: • the musicians have a $100 travel and set-up/breakdown fee each time they are used • the sound editing studio has a $50 cleaning fee per use, payable at the end of the session • the video editing studio has a $50 cleaning fee per use, payable at the end of the session. 2. SAVE the project schedule as Don Funk Cost Per Use and then CLOSE the file. CLOSE Project. TASK 2: Project 5-6: Removing, Adding, and Changing Deadlines. You have just finished reviewing the Don Funk Music Video project schedule and have decided to make some changes and additions to the deadlines on this project. OPEN Don Funk Music Video 5-6 from the data files for this lesson. 1. Remove the deadline for task 9. 2. Change the deadline for task 62 to July 8, 2016. 3. Add a deadline of May 27, 2016 for task 37. 4. SAVE the project schedule as Don Funk Revised Deadlines, and then CLOSE the file. CLOSE Project.

Paper For Above instruction

The project management process requires meticulous planning and updates to ensure the project remains on track and within budget. The two tasks involving the Don Funk Music Video project exemplify key project management activities: cost analysis and deadline management. These tasks emphasize the importance of precise resource cost updating and flexible scheduling to adapt to project needs.

In the first task, the focus was on updating the project schedule to reflect the actual costs associated with specific resources used during the music video production. Accurate cost accounting per resource use is crucial in project management as it assists in budgeting, cost control, and financial forecasting. The resources identified in this task were musicians, the sound editing studio, and the video editing studio. Each resource has an associated cost per use, such as a $100 fee for musicians which covers travel and setup/breakdown, and a $50 cleaning fee for the sound and video editing studios, payable after each session. Such detailed cost tracking helps managers understand the total expenditure and forecast future costs more accurately.

Implementing this task required opening the specific project schedule file, inputting the precise cost values for each resource per use, and saving the project with a new name, "Don Funk Cost Per Use." This process ensures the project budget reflects real-world costs, allowing for better financial management and decision-making. Closing the project file after saving is a standard step to prevent data loss and maintain data integrity.

The second task demonstrated the importance of schedule flexibility and deadline management. After reviewing the project schedule, deadlines for specific tasks required modification to align with evolving project needs. Removing a deadline (task 9) suggests that the task may no longer be time-critical or has been deferred. Changing the deadline of task 62 to July 8, 2016, adjusts project timelines to better reflect current priorities or resource availability. Additionally, adding a new deadline (task 37) on May 27, 2016, introduces a new milestone critical to project progression.

This task involved opening the existing schedule, editing deadlines directly, and saving as a new version, "Don Funk Revised Deadlines." Such modifications demonstrate the dynamic nature of project schedules and the importance of continuous monitoring and updates to progress toward project success. Proper deadline adjustments help ensure the project remains on schedule, resources are aligned with new timelines, and stakeholder expectations are managed effectively.

Both activities exemplify fundamental project management practices—cost control and schedule management—highlighting how systematic updates and revisions sustain project health. Applying these practices in real-world scenarios fosters efficient resource utilization, prevents budget overruns, and ensures timely project completion. Ultimately, methodical management of costs and deadlines underpins the success of complex projects such as music video production, enabling project managers to respond adaptively to challenges and changing project scopes.

References

• PMI. (2017). A Guide to the Project Management Body of Knowledge (PMBOK® Guide) (6th ed.). Project Management Institute.
• Freeman, P., & Scott, R. (2019). Practical Project Scheduling. Springer.
• Wysocki, R. K. (2014). Effective Project Management: Traditional, Agile, Extreme. Wiley.