It is important to understand that the project schedule is based on the cost risk as well as a part of contingency free budgeting Since resources are key in the cost risk analysis it is important to understand time dependent and time independent resources What is the importance of distinguishing between time dependent and time independent resources Does it impact the project schedules and the cost risk analysis Explain and provide an example of the pros and cons as it applies to project costs

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Question: It is important to understand that the project schedule is based on the cost risk as well as a part of contingency-free budgeting. Since resources

It is important to understand that the project schedule is based on the cost risk as well as a part of contingency-free budgeting. Since resources are key in the cost risk analysis it is important to understand time-dependent and time-independent resources.

What is the importance of distinguishing between time-dependent and time-independent resources?
Does it impact the project schedules and the cost risk analysis?
Explain and provide an example of the pros and cons as it applies to project costs.

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