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Estimating Costs and Allocating Resources

04 Apr

In this blog I took a look at two websites that can be useful when trying to figure out the time and cost it takes to develop a task within your project. This can be useful to assist you when creating the Gantt chart and resource allocation plan. Below are the two websites:

http://www.bls.gov/ooh/occupation-finder.htm
The link above takes you to the Occupational Outlook Handbook that is located on the US Department of Labor website. When the link opens up, you will be on the occupation finder page. This tool provides you data on 580 different occupations. Once you click on a specific occupation on the left hand side or you can enter an occupation on the top left corner where it says Search Handbook and it will take you to page giving you lots of information on that job. It provides information such as the work environment, education, training, and other qualifications, pay, the job outlook, and sources of additional information. This site is useful when developing a project budget since you can use it to get the annual salary and hourly rate on everyone that is involved on the project.

http://www.chapmanalliance.com/howlong/
This link provides some good information on how long it takes to create learning based on research and survey conducted by Chapman Alliance back on September 2010. The link shows the number of hours it takes to create one finished hour of learning as well as the cost. There is data on both instructor based training and on a basic through advanced e-learning type training. There is a detailed PowerPoint presentation with graphs and charts giving you times and cost for the both types of learning formats. This site can be used to get an idea on how long it takes to develop certain tasks within the different learning formats and it also gives you a cost for each task.

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1 Comment

Posted by on April 4, 2014 in Uncategorized

 

One response to “Estimating Costs and Allocating Resources

  1. Elisa

    April 4, 2014 at 11:02 pm

    Hi Carlos,

    The Occupational Outlook Handbook website is a very helpful tool to find trusted information about salaries in the United States. I live in Mexico and payment methods are different, here is not handled by hour or year, so create budgets for instructional design is totally different, but this website helped me to know better the system because the information is very complete, detailed and broken down for better organization.

    Thank you for sharing.
    Elisa Flores

     

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