This Guest paper was submitted for publication and is copyright to Jamal Moustafaev, MBA, PMP, © 2013.
Published here August 2014.
The material has been abstracted from Jamal Moustafaev's forthcoming book on Project Scope Management.

Introduction | Quick Overall Outline | The Project Plan Contents
Overview and Recipient Stakeholders | Project Scope Management | Project Quality Management
Project Time Management - Schedule and Milestones | Project Cost Management - Budget
Project Risk Management | Project Human Resources Management
Project Procurement Management | Project Communications Management | Concluding Remarks

Project Cost Management - Budget

This section of the document should contain a project budget table. The level of detail appropriate for the project plan varies from company to company and from industry to industry, but it should at least include variable costs, fixed costs (overhead) and other expenses including bonds, forward contracts, foreign contracts, contingency and escalation costs (see Figure 4 for a sample project budget).

Figure 4: Sample budget table
Figure 4: Sample budget table

Furthermore, the total cost figures should also include +/- qualifiers, as was the case in the duration estimates.

Project Time Management - Schedule and Milestones  Project Time Management - Schedule and Milestones

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