What are some of the considerations that should be included

Assignment Help Project Management

Reference no: EM133593342

Problem

The cost component of a project must be carefully planned and managed throughout the life of a project. First, establish the budget for the project. The selection of vendors involves a careful process of considering reputation, scope, and time required to complete. Furthermore, risks and uncertainty should be included in the plan. As the project progresses, costs need to be monitored and controlled.

Due to the COVID-19 pandemic, in general, project costs have increased. What are some of the considerations that should be included in the budget?

After posting your response, respond to at least 2 of your peers. When responding to their posts, you should share your experiences of increased or decreased costs since the COVID-19 pandemic.

Reference no: EM133593342

Questions Cloud

What are the barriers and drivers of policy change : What are the barriers and drivers of policy change? Infant Mortality in NYC

Discuss strategies for increasing self-esteem : Describe how effective these strategies might be to help with any problems with self-esteem encountered by you or someone you know.

What financial selection criteria are considered : What financial selection criteria are considered? Do financial selection criteria generally take precedence over non-financial selection criteria?

Describe what is wrong with how layoffs were handled : Describe what is wrong with how layoffs were handled by the CEO of Better.com. List the key takeaways/decisions you have about layoff?

What are some of the considerations that should be included : Due to the COVID-19 pandemic, in general, project costs have increased. What are some of the considerations that should be included in the budget?

Would you suggest to increase the size of the project staff : Based on above information, how to create decision tree? Would you suggest to increase the size of the project staff? Why or why not?

Why you think ehrs lead to healthcare provider burnout : Why you think EHRs lead to healthcare provider burnout? What is contributing to this? How can this problem be fixed? Be sure to discuss

Which cause of slow absorption in newborns : To administer the injection safely, the nurse would be cognizant of which cause of slow absorption in newborns

What were some health concerns found during this emergency : What were some health concerns found during this emergency? What cultural values and traditions of the affected community needed to be addressed?

User Account

All Pages