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Cost of Resource Essay

The allocation and cost of resources need to be carefully monitored if a project is to be delivered on-time and on-budget.

At a minimum this section will contain the following:

Allocation of resources to project tasks (both labor and material)

Cost estimates for project resources

Gantt diagram showing duration estimates for all tasks and their sequencing (including precedence relations) and highlighting any critical path(s) arising from task dependencies ultimately determining the minimal duration of a project

In addition summarize any relevant facts about the project duration, number or type of resources, critical task sequencing, or how duration estimates were arrived at, and any financial implications (for example, budget or cost reports of the project as well)

Develop a baseline for your project plan so that all future variances are captured.

Write 3 to 4 pages on your findings.

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