Discussion: Project Resource Planning
Resource planning is a way to identify, quantify, and document the resource requirements for a project. This includes all of the human and non-human resources, such as materials and equipment, which will be needed to produce the project deliverables. The resource requirements are key inputs to performing cost estimating. The primary source for deriving this information is the WBS. Supplementary sources can include the scope statement and/or historical information from other, similar projects. The project budget, which represents funding requirements for a period of time, is derived from the project cost estimates.
In general, how accurate are project cost estimates?
What tools/techniques can be used to ensure the greatest level of accuracy?
Why is it important to review project costs throughout the life of a project?
What is a basis of estimates, and how is it used in project cost management?
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Discussion Project Resource PlanningResource planning is a .docx
1. Discussion: Project Resource Planning
Resource planning is a way to identify, quantify, and document
the resource requirements for a project. This includes all of the
human and non-human resources, such as materials and
equipment, which will be needed to produce the project
deliverables. The resource requirements are key inputs to
performing cost estimating. The primary source for deriving this
information is the WBS. Supplementary sources can include the
scope statement and/or historical information from other,
similar projects. The project budget, which represents funding
requirements for a period of time, is derived from the project
cost estimates.
In general, how accurate are project cost estimates?
What tools/techniques can be used to ensure the greatest level
of accuracy?
Why is it important to review project costs throughout the life
of a project?
What is a basis of estimates, and how is it used in project cost
management?
