Question: Why does a budget need to be closely integrated with the project schedule? Choose the best answer. the budget is a precedent for scheduling on

Why does a budget need to be closely integrated with the project schedule? Choose the best answer. the budget is a precedent for scheduling on the critical path. estimates for costs are not made until later. costs are allocated to the period in which they occur. budget constraints can require schedule changes such as completing a task slowly to minimize financing costs

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Assume that you're the Project Manager of a supply chain management project at Home Depot. You're planning a detailed schedule and budget for the project and are fully aware that the supply chain...

TT ORRENS UNIVERSITY PROJ6002 - Project Planning and Budgeting AUSTRALIA Trimester 1/2023 FTI - Blue Bank Project The Blue Bank is a key player in Australia financial market. With consideration of...

Need help with these multiple choice questions for internal audit final exam. Due in 2 hours. QUESTION 1 RsQ_004Without management direction and assumption of responsibility, it would be...

1. Discuss factors to consider when planning project resources (25 Marks) Resource availability Resource requirement Consider resource cost Consider skills requirement When the resource is required...

Question 1(2 points) Sav Requirements should be defined by ____. Question 1 options: the project sponsor the project manager subject matter experts with specific knowledge of the work being done....

1. Talkish is a well known political analyst. He is the darling of the press. His attitude has left many an opponent on talk shows feeling run over by a ten-wheeler truck. Athena Publishing House is...

LESSON 14 1.The Gross Domestic Product is calculated by adding all but which of the following? A. Net exports B. Investment sector C. Financial sector D. Government sector 2.Gross domestic product is...

LESSON 16 1.Businesses and consumers can use checking accounts to buy and sell easily due to ___________________. A. the amount of currency in circulation B. the ability of the Federal District Banks...

OPERATIONS MANAGEMENT ASSIGNMENT 6 1 Human resources, project management and operations management are all equally vital to a business's success. Each of these focuses on different areas of the...

1. From the plans of Figure and the history of the project to date, is it realistic to think that the project will be completed with only a small amount of slippage? How do you know and could you say...

Your client, R. E. Dealer, is considering exchanging commercial property with Fabric Industries, Inc. Dealer owns a warehouse which it has held for investment since 2015 with a fair market value of...

Which of the following investments is NOT liquid? Mutual funds Real property Cash equivalents Publicly - traded stocks

What are some strategies to address the problems and opportunities associated with working with a union or a union contract? Include the legal implications. Compare and contrast the costs of...