Project Cost management Assignment

Project Cost management
Project Cost management

Project Cost management

Project Cost management Assignment

Description

Prepare and save a one-page cost model for this project using spreadsheet software.

Develop a list of quality standards or requirements related to meeting the stakeholder expectations described in the case.

When you are using project cost-management, it sets a baseline for project costs. That means it governs the decisions and directions you take when managing costs on your project. This helps you keep the project on track without going over budget.

Without project cost-management, the organization could lose money as costs exceed profits. Another issue is that you might incorrectly invoice your customers. All this leads to a sloppy budget and a dangerous inability to note when you’re overspending.

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