MGMT 262 - Project Scheduling & Budgeting

Project schedules allow managers, team members, and stakeholders to track progress, set and manage expectations, communicate, control costs, and collaborate. Tasks and deliverables can be monitored and controlled to ensure timely delivery-and if any delays do occur, project managers can easily gauge their impact and make the necessary adjustments. Central to the schedule is a detailed understanding of the project budget, and working to control costs and manage stakeholder expectations.