Let's take a quick review of the common challenges that a project manager faces when figuring a project budget. By increasing awareness of these factors, you can work proactively to avoid these in your own situation.
This last reason is important to understand and may limit your cost tracking options, or at least the level of detail information you can obtain.
The Absolute Minimum
At this point, you should have a solid understanding of the following:
The map in Figure 9.3 summarizes the main points we reviewed in this chapter.
Figure 9.3. Overview of figuring a budget.
Part i. Project Management Jumpstart
Project Management Overview
The Project Manager
Essential Elements for any Successful Project
Part ii. Project Planning
Defining a Project
Planning a Project
Developing the Work Breakdown Structure
Estimating the Work
Developing the Project Schedule
Determining the Project Budget
Part iii. Project Control
Controlling a Project
Managing Project Changes
Managing Project Deliverables
Managing Project Issues
Managing Project Risks
Managing Project Quality
Part iv. Project Execution
Leading a Project
Managing Project Communications
Keys to Better Project Team Performance
Ending a Project