PROJ6002 - Cost and Schedule Project Planning and Budgeting Assignment

Assignment Task

Assessment

In this assessment you will complete an individually written activity, in the form of a word memo that addresses the Assessment 3 scenario question outlined in the Case Study given to you by the Learning Facilitator.

Please refer to the Instructions for details on how to complete this task.

Context

Project Schedule and cost management are two interconnected aspects of project management. Along with scope, they form the triple constraint and a common traditional measure of project success, as ‘on time, on budget, and to specification'.

Project Schedule Management includes all processes involved in planning, estimating, sequencing, managing, and controlling the project schedule. Project Cost Management includes planning, estimating, budgeting, funding, managing, and controlling costs to ensure the project is completed within budget.

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