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The assignment involves updating your project plan to cover the
costs associated with your identified activities.
While not an official area of the assignment, it may help to
identify resources and vendors needed to ensure your cost
estimates are as accurate as possible. By placing resources
against your work packages, you can get a clear visual of what
each work package may cost.
You will use the project schedule you developed to estimate
costs and then translate those costs into your project budget
baseline.
Project budget baselines, typically include cost estimates that
cover the following:
Work package estimates
Estimates for supplies or materials
Estimates for vendors & procurement activity
Estimates for risks or unknown project activity
For this assignment, please submit your schedule along with
cost estimates against each activity that measures your best
appraisal for that task. Please also include a final quote for your
project budget baseline
The assignment involves updating your project plan to cover the cost.docx

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The assignment involves updating your project plan to cover the cost.docx

  • 1. The assignment involves updating your project plan to cover the costs associated with your identified activities. While not an official area of the assignment, it may help to identify resources and vendors needed to ensure your cost estimates are as accurate as possible. By placing resources against your work packages, you can get a clear visual of what each work package may cost. You will use the project schedule you developed to estimate costs and then translate those costs into your project budget baseline. Project budget baselines, typically include cost estimates that cover the following: Work package estimates Estimates for supplies or materials Estimates for vendors & procurement activity Estimates for risks or unknown project activity For this assignment, please submit your schedule along with cost estimates against each activity that measures your best appraisal for that task. Please also include a final quote for your project budget baseline