WDM4413 Professional Practice for Multimedia

RFP Response

Read through this article at HTMLGoodies. Then define, in your own words, the terms listed below. Write your answers in an HTML document.

• Time
• Materials
• Overhead
• Mark-up

Using the information from the article, set your hourly rate. Add this to your HTML document. Be prepared to explain how you came up with the number you did.

Download this document on planning a web development project. Review sections 4.0 - 4.2. Than answer the following questions and add them to your previous HTML document. Additionally, you may want to refer to this article on "How to Set Up A Successful Web Redesign Project"

• What are 3 methods for creating cost estimates?
• What is fixed-priced bidding? Why is it difficult and why will you usually need to do it?
• What is scope creep?
• What can you do at the estimate stage to help prevent scope creep?

Add your answers to your HTML document. Upload the HTML document to a server and make a link to it from the Wiki Cost Estimates page

Copy the "Worksheets" folder from the WDM4413 outbox and take a look at the estimate worksheets provided. What is the value of having a worksheet like these? What do you see as the strengths and weaknesses of each worksheet example? (Yes, I know some of them are for print)

As one of your assignments for next week, you will need to design your own cost estimate worksheet. Which elements should you include on your team's worksheet?

Work on Cost Estimate and Revised RFP Response