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1. While organizational goal is to operationalize project cost effectively, there are always trade-offs. First thing to understand is how project budget is compputed. So, how do organizations find out project budget? How does project manager deal with budget which is insufficient to implement all of the users' needs in initial install? (Operationalizing costs means that you take into consideration all direct and indirect costs of project. For instance, you have certain overhead for any project; cost of facility, utilities, supplies, equipment, networks, etc. Even project management is the operational cost. Most organizations set-up percent to apply to cost of project as overhead (operational) cost.)

2. Provide seven reasons scheduling resources is the significant task.

Project Management, Management Studies

  • Category:- Project Management
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