PROJMGNT 5021 - Project Management Fundamentals

Part C Task:

1. What is the value of having sound time and cost management plans when undertaking project execution?
2. Identify at least six tools / techniques (three (3) each for time and cost management) that you would use for managing and controlling time and costs in the project and describe why you consider them to be important.
3. Using a suitable project example from your experience or reading, make a list of activities to monitor and control that project.