Week 10 Discussion 51

Reflect on the after readings Chapter 10: Budgeting Projects. Identify what you thought was the most important concept(s), method(s), term(s), and/or any other thing that you felt was worthy of your understanding.

Also, provide a graduate-level response to each of the following questions:

    1. You are the project manager in charge of construction of a new school building. Give one possible example each of a known known, known unknown, and unknown unknown you might encounter.
    2. Give an example of how a project manager could run into problems with cash flow, even when he is within budget on the overall project.

Note:

  1. Provide a min. of 500 words of reply.
  2. Must utilize the required textbook when completing the post.
  3. Must list all references and cite your source(s) within the body of the initial post.
  4. Every sentence with material from an outside source must be cited. Just putting a citation at the end of a paragraph or the entire post is not accurate.
  5. Citations must contain the page number on which you located the information. For our textbook material from page 15 would appear as (Kloppenborg et al. 2019, p 15)
  6. Initial post must utilize a narrative form. Use paragraphs. Do not use bullet points or provide lists.

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