Homework: Project Budget and Project Management Schedule
Use Cosmo Business Case to Complete the Project Budget and Project Management Schedule.
Develop a Project Management Cost (Budget) and Project Management Schedule for Cosmos, Inc. using the Project Management Plan template.
Introduction
Estimating project budgets is far from an exact science. Many of us have heard of projects running over budget. Why is this? Why do we consistently forecast low? Reasons for this inconsistency include everything from improper funding at the beginning of the project to taking shortcuts that should never have been taken. The project management schedule helps you and your project team evaluate progress and assess whether or not the project will be completed by the deadline. It is also a way to identify bottlenecks in the process so you can creatively reallocate resources and adjust timelines to ensure that the project remains on time and within budget.
Scenario
For this Homework, Use Cosmos, Inc. to develop a Project Cost Budget and Project Management Schedule as the next components of your Project Management Plan. Refer to the Cosmo, Inc. Business Case document for more information.
Your Role
As the project manager, you are responsible for forecasting, completing, and managing the project's budget and schedule.
Format your homework according to the give formatting requirements:
1. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the homework, the course title, the student's name, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.