Determining Project Budget

The video tutorial by Bill Carmody focuses on determining a project budget. It covers key factors such as evaluating people resources, identifying external financial costs, and considering timeline impacts. The tutorial emphasizes balancing financial resources and time, reviewing and approving the budget, and finalizing it before project launch. The goal is to ensure a successful project outcome by making informed budgetary decisions upfront.

What are the key factors to consider when determining a project budget?

How does the number of people involved in a project affect its budget?

What additional financial resources might need to be considered beyond personnel costs?

Why is it important to review the budget before launching a project?

What trade-offs might a project manager need to make regarding time and budget?