Creating realistic and controllable project budgets

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Reference no: EM133632154

Question

1. Project Budget: Identify 7 key important steps or criteria for creating realistic and controllable project budgets. Have your team list them in order of importance. Provide the rationale your team used to arrive at the list and on the ordering of the list. Also differentiate between the most commonly used cost estimating techniques and investigate how project scope changes affect the planning and cost structure of the project. Provide a brief summary report on your discussions of these two topics.

2. Based on your research and discussions in your team, provide 1 full page that succinctly, but in a detailed fashion, outlines what would be necessary to include in a Planning Phase Review owerpoint presentation. Provide a final section that discusses why such a presentation would be critical to project success.

Reference no: EM133632154

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