Describe the project budget process

Assignment Help Operation Management
Reference no: EM133088973

The most significant component of the project budget, as we have observed, is derived from the assigned resources. However, resources are not the only source of project costs. Costs may be direct, indirect, fixed, and variable. Using resources in this module as well as the Aspen library and Internet, describe the process of creating a project budget. Identify all costs-especially costs beyond assigned resources-that should and should not be included in the project.

Describe the project budget process

Identify what should and should not be included in the overall project budget.

Provide your rationale for costs you choose to include in the project.

Reference no: EM133088973

Questions Cloud

What are the major traits of unit type contracts : What are the major traits of turn-key type contracts? What are the major traits of unit type contracts?
Identifying and managing potential risks : Risks are best handled by developing a risk matrix, a plan for identifying and managing potential risks.
Corporate social responsibility programs : Discuss and review its corporate social responsibility (CSR) programs or outreach.
Description of the critical elements : Description of the critical elements and explanation of what was included in the script.
Describe the project budget process : Describe the project budget process. Identify what should and should not be included in the overall project budget.
Current process of construction and aggregate industry : You are analyzing ways to make improvements on the current process of construction and aggregate industry.
Global thinking in multicultural business environment : Explain what Alpia will need to consider in regards to global thinking in a multicultural business environment.
Create mock negotiation : Create a Mock Negotiation that is respectful of cultures between Ireland and India.How does the verbal and nonverbal communication differ between the countries?
Strategies affect firm strategic competitiveness : How would the board's increased involvement in the selection of strategies affect a firm's strategic competitiveness?

Reviews

Write a Review

Operation Management Questions & Answers

  How would that criterion be used in an evaluation

Identify one criterion to evaluate a particular policy alternative. How would that criterion be used in an evaluation?

  Explain customer-defined quality

Explain “Customer-Defined Quality.” Using Diabetes, now define who your customers are, and why?

  Describe features and benefits of your product or service

Describe the features and benefits of your product or service. How will you make your product stand out in the crowd?

  Discuss the roles that personnel from warranty service

Discuss the roles that personnel from warranty/field service and the manufacturing shop floor might play when conducting an FMEA.

  Write the mathematical model that should be used to solve

For the current setting in the Excel sheet, using linear inventory model, what supply chain network configuration do you recommend?

  Discuss the importance of the marketing concept

Discuss the importance of the marketing concept.

  Priority for storage in the forward pick area

You have four skus for storage in a forward piece pick area for small parts. Rank the skus in order of priority for storage in the forward pick area

  Manager revenue forecast for the upcoming period

What will be this manager’s revenue forecast for the upcoming period?

  What will be his after-tax yield to maturity

If the investor holds the bond until it matures and collects the $1000 par value from the municipality and his marginal tax rate is 34 percent

  What did you find easiest about the assignment

What have you learnt from this assignment? What did you find easiest about this assignment? What did you find the most challenging? What aspect of the assignment would you most value feedback on?

  Create a three year end trend analysis

Create a three year end trend analysis. Assess how your Operational Budget analysis affects your three-year strategic plan.

  Estimation of a foreign language economic possibilities

Do you think that the reason of language barriers of the authors prevents the accurate estimation of a foreign language economic possibilities?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd