The Project Management Tool Kit: 100 Tips and Techniques for Getting the Job Done Right

Review Project Costs

Contrast the overall project budget with the project objective to determine whether the bottom-up analysis is consistent with the initial expectations of the project sponsor and stakeholders. If there are significant variances, either with the overall costs or with the timing of the costs, minimize the differences through constraint management and plan optimization.

If problems still remain after your best replanning efforts, resolve budget issues by negotiating project changes.