Integrated Project Management By Earl Hall, Juliane Johnson
Table of Contents
Chapter 10. Budget and Cost
When planning a project using project management software tools, the Gantt chart display system provides a means for determining a project's cost, task by task, and for displaying task and project totals. Thus, as the Gantt chart is developed, time management, resource management, and cost management are achieved. Data also is provided for calculating the costs that are associated with the project's risks.
When project planning is completed, the projected cost as well as the projected duration is clearly identified. This information is available task by task and in the form of subtotals and a total.