Objectives

Describe why the project schedule is vital to a successful project.

Summarize the characteristics of a good schedule.

Description In this discussion, you will analyze and discuss specific ways that the project schedule and budget impact the success of a project. The purpose of this discussion is to provide an opportunity for you to evaluate the ways in which the project schedule and budget are related to the overall project plan and apply this understanding to real-world scenarios.

Instructions

Read the question below.

Answer the question, expressing your ideas in a clear and organized fashion.

Be sure to answer the question and provide supporting ideas for your answer.

Submit by using the form generated from clicking on the title of the assignment.

You must reply to at least two other student responses in the Discussions link.

Your initial post must be a minimum of 150 words. To receive credit, replies must be substantive and add value to the discussion by including feedback, resources, new ideas, etc.

Question How can 1) developing a realistic and accurate project schedule and 2) determining an effective project budget make or break the success of a project? Include at least two specific examples from real-life projects.

Your response should include:

At least two ways that the development of a realistic and accurate project schedule can make or break the success of the project

At least two ways that determining an effective project budget can make or break the success of a project

At least two examples of how the schedule and budget can make or break the success of real-life projects