Summary

In this chapter, you reviewed schedule and cost planning, including the definition of activities to create an activity list. Then, you sequenced those activities based on logic and dependencies, as well as precedence relationships. After this, you determined the duration and the critical path and float for your project schedule. Then, you moved on to cost estimating and determining your budget, which was inclusive of contingency reserves for risk. Finally, you reviewed the control of your schedule and your budget by using the earned value technique and an iteration burndown chart. In the next chapter, you will review quality management to understand how quality requirements are a necessary aspect of deliverable approvals, and why we also need to consider the cost of quality during our cost estimates so that we have enough money to produce a quality result the first time around. Having a good process in place that is well-documented is half the battle.