Phase 1 Discussion Board Schedule and Cost Control Techniques Essay

Phase 1 Discussion Board Schedule and Cost Control Techniques - Essay Example After this survey we have to analyze the gathered data from the survey. This analysis sub phase provides all required information for our project seclude and cost estimation. After this analysis sub phase next comes the design sub phase of the project in which we have to design all events and process that are necessary for the completion of this project. In this phase we also demine expected expenditure, estimate time required, and main events of the up gradation project. Then next phase is Executing Phase. Here we hire a software development team for the implementation of this new upgraded email system, now our project team completes the work related to all aspects of this up-gradation. Here an impotent phase is controlling phase that will run in a parallel way with all other phases. In this phase we control the time, cost, manpower required, resources needed and all things that are associated with is project. We analyze all the ways like project is running on time, is any module required additional time, then managing time in such a way that additional time is not required. Cost and expenditure monitoring is done in such a way that no extra resources will be needed along the way. Then the last and final phase would be Closing Phase: here we have to ensure that the project work is complete successfully, we have to confirm and verify that the deliverables and then completed out the project finances, panel reports, and lessons learned are all documented and analyzed that all thing are well and new email system is working properly. Cost estimation is one of main and difficult part of any project (Chamoun, 2006). All project depends on this estimation, if this estimation goes wrong then lot of complexities might occur during the project. So in our Email Up-gradation project we have to estimate the cost in such a way that no complicity can happen, and project can be completed successfully. As a project manger it is my