Activity: Create Project Financial Plan
This is the base line project budget that a project manager has to use in monitoring and controlling expenditure
DescriptionWork Breakdown StructureTeam AllocationWork Product Usage
Purpose
  • Create the project financial budget.
  • Ensure costs remain within budget.
Relationships
Parent Activities
Usage
Usage Guidance

Process Steps

  • Create the project Financials Management Plan.
  • Complete a cost and expenditure forecast.
  • Complete budget.
  • Identify any assumptions made.
Key Considerations

Inputs

  • Project Success Plan Section 1 document


Outputs

  • Approved Project Financial Plan