Using Activity-Based Costing and a Cost Breakdown Structure

Activity-based costing is seen as the most accurate way to build a project budget. While top-down estimation has its advantages, it is not as accurate as starting at the bottom of your project’s WBS and aggregating project costs upward.  Activity-based costing requires that the folks involved in the estimating activities have some expertise in the work […]
Read More ›

Let’s Talk About Effective Project Budgeting

Budgeting helps you create an action plan for arriving at your project’s objectives and strategic milestones. Effective project budgeting requires you to have measurable quantities of your expected project resources and should also account for any anticipated business benefits your project will provide to the organization.   You should build your project budget at two levels: […]
Read More ›

Type to search

Do you mean "" ?

Sorry, no results were found for your query.

Please check your spelling and try your search again.