Describe difference between direct and indirect project cost

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Reference no: EM133706630

Discussion Post: Project Management

Discuss your understanding of the readings from Kloppenborg, et al (2023) completed. You will then think of three questions you'd like to ask other students and add these to the end of your thread (after the Reference section).

The questions should be taken from Chapters 9 and 10 of the required course material (Kloppenborg, et al 2023) Finally, go to two other students' threads and post comments, answering at least one of their questions. Provide Continuing Discussion by responding to another student's response. The Continuing Discussion to the response to a response not a third response to an Initial Post.

You must do the following:

I. Create a new thread and ensure your initial post is properly formatted.

II. Draft a first section (200 to 250 words) answering, with supporting and properly cited source material, the following questions (Do not quote any of the source material, you must explain in your own words but properly citing material found in the assigned sources):

1. What does each column of a RACI chart depict?

2. Why is it necessary to have only one person assigned primary accountability for an activity?

III. Draft a second section (200-250 words) explaining, with supporting source material, the following questions (Do not quote any of the source material, you must explain in your own words but properly citing material found in the assigned sources):

1. Why is it important for project managers to understand the fixed and variable costs of a project?

2. Describe the difference between direct and indirect project costs.

IV. Provide three questions that you would like to ask other classmates in relation to the weekly reading material. These need to be specific questions based on weekly reading material identified above. Do not just ask general questions; be specific.

Reference no: EM133706630

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