The budget The budget represents the amount of money allocated to the project. As the project manager you are responsible for allocating and tracking monetary resources. However you may need to seek input from management or relevant stakeholders. Monitor the project to make sure you are following the budget or modify it if necessary. Budgets vary but may include the cost of performing certain.
A tasks paying vendors Morocco Phone Number or employees or the cost of materials used during the project. This component may be related to other project elements such as scope timeline and HR plan. Work breakdown structure A work breakdown structure (WBS) breaks the project into smaller tasks.
These tasks support the completion of the project's defined milestones and deliverables. As a project manager you assign tasks to team members and can also determine the order in which they are completed. To track your work breakdown structure you can create a chart or document that lists each task and the people assigned to do it.