June 2008
Beginner to intermediate
336 pages
10h 46m
English
Content preview from Hollywood Secrets of Project Management SuccessBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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Benefits of Multifaceted Budgeting
The budgeting approaches and tips presented in this chapter will certainly aid a project team in coming up with better estimates of project costs. Note, however, that the nature of estimating and budgeting probably will always ensure that the process remains an approximation. Budgets will rarely start off from precisely derived estimates. But a multifaceted approach does promote smoother control and firmer fiscal targets. Granted, it takes more time to budget to the board—that is, to base budget numbers not only on general project parameters but on a sharp appraisal of a WBS shaped from the requirements and other project characteristics. When project managers (through organizational support) are able to include ...
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.