(Answered) Cost baseline and time phased budgetsthe ability to plan an

Management Studies

Cost Baseline and Time Phased Budgets

The ability to plan an effective budget is critical to the understanding of planned and actual costs in a project. The only way to understand both schedule performance and the accuracy of the budget is to create a baseline. Use your text reading and the ProQuest article by Marcia Jedd to describe the linkage of a time phased approach to budgeting and the importance of a baseline for the project. How does this baseline enable measurement of project health?

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Business Management, Management Studies

Category:- Business Management
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