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Hollywood Secrets of Project Management Success by James Persse

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Lesson 13: Track Scope, Schedule, Budget, and Quality on a Regular Basis

Production managers receive and prepare a variety of production reports. One is called the "daily hot costs" report. This report details, from the biggest down to the smallest element, the monies that have been expensed from the previous day—whether a big cost like film shot or the purchase order issued to buy a stapler. Keeping track of these hot costs on a daily basis helps ensure that significant cost overruns will not occur, and that if overruns do result, they will not arise unexpectedly. This leads to Lesson 13: Track scope, schedule, budget, and quality on a regular basis.

The regular reporting of project progress is a proven way to keep a project on track within its ...

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