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Introduction to IT Project Management by Frank Parth, Cynthia Snyder

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11 Finalizing the Schedule and Budget

After reading this chapter, you will be able to:

•  Finalize project resources.

•  Optimize your schedule.

•  Manage your schedule with multiple projects.

•  Create a budget baseline.

In Chapter 6, we created a preliminary schedule and some preliminary cost estimates. Since then, we have refined our project plan by defining the quality plan, developing the team, defining communication needs, and planning for risk. Now we can finalize our schedule to create a schedule baseline and finalize our budget to create a cost baseline. These baselines will be approved by the project sponsor or by the client, and the project manager will manage the project and monitor progress against them.

FINALIZING PROJECT RESOURCES ...

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