Integrated Project Management By Earl Hall, Juliane Johnson
Table of Contents
Chapter 10. Budget and Cost
The sophistication of project management software enables a project manager and a project team to plan the project timing in detail, plan the resource usage in detail, figure up the cost of the project in detail, and present all of this information for a sponsor's review.
When project task action begins, the same software also enables the project manager to monitor actual time usage, resource usage, and accruing expenses in detail.