Planning Project Budget

Discussion in 'PMP' started by paulschneider.aus, Apr 28, 2016.

  1. paulschneider.aus

    Alumni

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    The study guide recommends that if there is a monthly budget of $50,000, then project budget should be planned accordingly. Then what if this impacts the schedule, as often there are spikes in cost spend? I'm sure I saw a simulated exam questiin on this...

    I believe that as long as the budget is made over the duration, then its OK.

    Any view on how this should be addressed according to potential exam question on this?
     
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  2. B K S Prasad

    B K S Prasad Well-Known Member
    Simplilearn Support Alumni Trainer

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    Need complete questions with options. In general if there is impact on schedule due to cost constraints, do the entire impact analysis and use Perform integrated change control process to assess and based on the outcome take further action.
     
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