Project Costing & Scheduling

A project is considered successful when it is delivered on time and within budget. Project cost and project schedule are the two main critical and uncertain aspects of the project lifecycle. Forecasting cost and schedule both are quite challenging. Project managers play a vital role in the completion of the project with respect to all the processes of project management aligned with Schedule, Cost, Scope, Quality, Resources, Risks, Changes, Stakeholders by:
• Keeping projects on track
• Setting time frame
• Assigning resources and allocating time
• Monitoring and controlling cost
• Reduce errors
• Conflict Management
• Reducing errors
• Keeping a record of all the project activities
Successful completion of the project highly depends on effective and efficient Project Schedule and Cost Control. Project Managers hold the responsibility of deciding the resources and getting the project task done within the allocated budget and time.