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This Guest paper was submitted
for publication and is copyright to Jamal Moustafaev, MBA, PMP, © 2013.
Published here August 2014.
The material has been abstracted from Jamal Moustafaev's forthcoming book on Project
Scope Management.
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Project Cost Management - Budget
This section of the document should contain a project budget table. The level of detail appropriate for the project plan varies from company to company and from industry to industry, but it should at least include variable costs, fixed costs (overhead) and other expenses including bonds, forward contracts, foreign contracts, contingency and escalation costs (see Figure 4 for a sample project budget).
Figure 4: Sample budget table
Furthermore, the total cost figures should also include +/- qualifiers, as was the case in the duration estimates.
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Project Time Management - Schedule and Milestones
