May 2011
Beginner
354 pages
10h 2m
English
Content preview from Project Management JumpStart, Third Edition
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Chapter 9
Budgeting 101
In This Chapter
- What makes up a budget
- Estimating techniques
- Estimating costs
- Project estimate accuracy
- Establishing a cost baseline
- Completing the project plan
This chapter concludes the coverage of the Planning processes. You've reached a major milestone in the project's Planning process; the budget is the last Planning document you'll create.
If you're lucky enough to be working on a project where “money is no object” (very doubtful), you still should read this chapter. I'll talk about what makes up a budget, tracking the budget, and establishing a cost baseline. Stakeholders want to know the project costs and whether what you're spending on the project is on track with what you estimated. Stakeholders will use ...
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