Description
You are preparing the project budget and schedule for review with your manager. Next week’s meeting will focus on the budget and schedule for the marketing campaign deliverables of the project.
Individual deliverable – continue work on the project plan by documenting the budget cost components for the marketing-related deliverables. Identify and describe the items that will be included in the budget and how those items will be tracked. Refer to PM-BOK and the Web resources for details on what to include. Please add your file.
Individually, continue work on the project plan by developing the work breakdown structure for the marketing-related deliverables. For each deliverable, list the following:
- Activities that must be completed.
- Order in which they must be completed.
- Dependencies between activities.
- Considerations for duration.
- Considerations for assigning resources to the activity.
Identify any milestones and describe your rationale for why they are milestones. Refer to PM-BOK and the Web resources for definitions and additional details. The result should be a list in Word, Excel, PowerPoint, or Project.
Explanation & Answer
Hey buddy? Kindly find the attached file. Thanks and Goodbye
Budget and Schedule
Abstract
A budget and schedule go hand in hand for any organization that wishes to accomplish its goals
and objectives. They outline activities that will be executed at various stages of our project on
constructing a daycare center at our local town. Therefore, our analysis relies on a work
breakdown structure to create a budget and schedule for the activities. It will indicate timelines at
which each event or activity occurs and of course their related costs to the company.
The primary role of a budget is to represent the manner in which money will be spent on various
activities of a particular project. The budget shows the amount of money available to spend on a
project. However, depending on the structure of your organization, a budget could contain only
external costs of the project such as the contractor; materials, etc. or even include internal costs
such as administrative costs which are charged back to the sponsor of the project (Jrade &
Lessard, 2015). A schedule is tied to the budget because it outlines the time the activities happen
and how much they will cost. Well, to create a sufficient budget it is critical for one to break
down work of the project and examines activities that will be carried out at every point.
Regarding our analysis, our project under discussion is constructing of a day center care at our
local town.
Work breakdown structure outlines the work that is required to produce project or product
deliverables. In most cases it is represented as a hierarchical subdivision of a...
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