From the course: CompTIA Project+ (PK0-005) Cert Prep

Unlock this course with a free trial

Join today to access over 24,900 courses taught by industry experts.

Estimating costs, determining budget, and forecasting

Estimating costs, determining budget, and forecasting

From the course: CompTIA Project+ (PK0-005) Cert Prep

Start my 1-month free trial Buy for my team

Estimating costs, determining budget, and forecasting

“

- What are all the different techniques that we can use to get to our cost baseline? Join us, let's talk about it. - [Announcer] You are watching ITProTV. - Welcome into this episode. I'm your host Lauren Deal, and with me is Robin Abernathy. And we just finished our discussion talking about scheduling. And so now it's appropriate for us to move into managing a budget, but that comes down to a bunch of things, right, Robin? We've got estimating costs, determining budget. We've got forecasting and more. - Yes, and more. (both laugh) Well, one of the things I do want to kind of say right here is if you look at the CompTIA objectives, they don't call out budget in its own objective like they do some of these other project factors. However, I don't feel like, I can just completely ignore the budget. I mean, money's very important and you just ask that project sponsor how important money is and you'll quickly realize, oh, I do need that budget. Now the budget in the CompTIA objectives is…

Contents