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Budgeting and Scheduling Projects

Margaret Meloni, MBA, PMP

Budgeting and Scheduling Projects

by Margaret Meloni, MBA, PMP

Budgeting and Scheduling Projects

Margaret Meloni, MBA, PMP

5 min
3 key insights
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This course offered by the University of California Irvine through Coursera discusses the importance of budgeting and scheduling projects to prevent delays and cost overruns.

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Budgeting and Scheduling Projects

by Margaret Meloni, MBA, PMP

Budgeting and Scheduling Projects

Margaret Meloni, MBA, PMP

Overview

Many projects fail to meet the time or budget constraints because of a lousy initial plan that does not take into account past experiences or real-world obstacles. But there are ways to plan projects and define their scope that minimizes the risk of disastrous cost overruns and interminable delays.

Margaret Meloni is the founder of Meloni Coaching Solutions and the author of 101 Great Ways to Enhance Your Career. As a project management expert, Meloni has offered her training services to companies like Occidental Petroleum, Northrop Grumman, and Toyota Motor Credit.

In this course offered by the University of California Irvine, the instructor explains how you can create the budget and schedule of your project using planning tools like the Work Breakdown Structure and Responsibility Assignment Matrix. With the help of your teams, you can avoid overestimating or underestimating your project costs and time by minutely defining the scope of your deliverables.

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"Whether you are estimating costs or duration, the best estimates come from experience."

Margaret Meloni

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Budgeting and Scheduling Projects

Margaret Meloni, MBA, PMP

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