CASE: GREEN COMPUTING RESEARCH PROJECT (4)

 

Part 4: Project Cost Management

Effective project cost management allows each project to be specific and unique because that project entails costs and requires specific funding. 

Case Estudy

Your project sponsor has asked you and your team to refine the cost estimate for the project so that a solid cost baseline exists for evaluating project performance. Recall that your schedule and cost goals are to complete the project in six months or less for under $500,000. Initial estimates suggested that about $300,000 would be spent on internal labor. You mistakenly thought that travel costs would be included in that $300,000, but now you realize that travel is a separate cost item. The trip to England early in the project cost $6,000, which you had not expected.