Chapter 7. Working with a Budget

IN THIS CHAPTER, YOU WILL:

  • Understand financial measures for evaluating project performance

  • Understand capital budgeting

  • Learn methods for calculating costs for a project

  • Learn how to compare project costs to the project budget

  • Learn how to export costs from Microsoft Project

“Why is there so much month left at the end of the money?”

JOHN BARRYMORE

Projects, like most people, have to live within their means. When someone proposes a project, you can be sure that at least a few stakeholders will ask “How much will this cost?” or “How much money will this project make (or save) us?” In fact, by the time you receive your assignment to manage a project, its stakeholders probably have a number in mind, be it the price tag for ...

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