Implementation / Execution of the Program / Project

• Stress relief

• More time

• More opportunities

• Ability to realize goals

• Set goals correctly

• Prioritize wisely

• Set a time limit to complete a task

• Take a break between tasks

• Organize yourself

• Remove non-essential tasks/activities

• Plan ahead

• Poor workflow

• Wasted time

• Loss of control

• Poor quality of work

• Poor reputation

- is a process that helps in determining and documenting the list of all the project goals, tasks, deliverables, deadlines, and budgets as a part of the planning process. The scope document details the list of activities for the successful completion of the project.

• Constantly changing requirements

• Pivoting the project direction when you are already mid-way

• Realizing that the final outcome isn’t what was expected

• Going over the discussed budget

• Falling behind the project deadlines

• Planning scope management

• Collecting requirements

• Defining the scope

• Making a work breakdown structure

• Validating scope

• Controlling scope

is the process of estimating, budgeting and controlling costs throughout the project life cycle, with the objective of keeping expenditures within the approved budget.

• it delivers on the requirements and scope

• its execution quality is of a high standard

• it’s completed within schedule and

• it’s completed within budget.

• Set clear expectations with stakeholders

• Control scope creep due to transparencies established with the customer

• Track progress and respond with corrective action at a quick pace

• Maintain expected margin, increase ROI, and avoid losing money on the project

• Generate data to benchmark for future projects and track long-term cost trends

• 1. Project Resource Planning

• 2. Cost Estimation

• 3. Cost Budgeting

• 4. Cost Control