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CompTIA Project+ Certification Guide

You're reading from   CompTIA Project+ Certification Guide Learn project management best practices and successfully pass the CompTIA Project+ PK0-004 exam

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Product type Paperback
Published in Sep 2018
Publisher Packt
ISBN-13 9781789534498
Length 358 pages
Edition 1st Edition
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Author (1):
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Ashley Hunt Ashley Hunt
Author Profile Icon Ashley Hunt
Ashley Hunt
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Table of Contents (13) Chapters Close

Preface 1. Introduction to the CompTIA Project+ Exam (PK0-004) FREE CHAPTER 2. Project Initiation 3. Project Roles and Responsibilities 4. Developing a Project Charter 5. Creating a Work Breakdown Structure (WBS) 6. Developing a Project Schedule 7. Resource Management Planning and Communication Considerations 8. Budget and Contingency Plans for Risk 9. Monitoring and Controlling Project Work 10. Formal Project or Phase Closure and Agile Project Management 11. Assessments 12. Other Book You May Enjoy

Estimating costs

The good news about this section is that everyone is aware of money and how budgeting works for their day-to-day lives. It’s entirely possible that you will not be managing a budget for your current projects, and if you are, it may only be for the acquisition of materials and equipment.

The CompTIA Project+ exam assumes you will be doing some budgeting for project work and that you will be tracking budgetary performance throughout the project.

Estimating costs is not just about what things cost but whether there are alternatives that can be discovered for the good of the project. This means if one thing costs more than the project's budget, is there an alternative we can use to help protect the budget? This can be a dangerous game though, if you have ever cut corners on costs and received exactly what you have paid for. That dance is consistent in...

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