Why is it important to integrate cost and schedule controls? Give an example for which separate cost and schedule control systems may not function properly.
Why is it important to integrate cost and schedule controls? Give an example for which separate cost and schedule control systems may not function properly.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Why is it important to integrate cost and schedule controls? Give an example for which separate cost and schedule
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From an organizational perspective, it is extremely important to integrate the cost and schedule controls in order to achieve the project outcomes. Cost controls are all about preparing the budgets for different business processes and monitoring the expenses. The main objective of having cost control is to reduce expenses and increase the profits for the organization. Similarly, schedule control is mainly concerned with defining the workflow along with the estimated time period for each project task.
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