Determine what level of accuracy will be your estimated budget
Execution phase week 2! During this phase, the greatest amount of effort, time, and money are expended to complete all the activities defined during the planning phase.
Book Pages: Chapters 12
1. Determine what level of accuracy will be your estimated budget.
2. Build the budget.
4. Develop one of the four techniques from the book to help you validate the budget you have constructed. (Time Value Money)
3. Get an 2 expert's opinions and develop an area of analysis. Provide the Experts name and any social communication account such as LinkedIn, email, Instagram etc. Please have them sign your release form. Remember to transcript your questions at-least 5-10 questions.
Continue to work on visual deliverables and apply it to your distribution channels to test run their success measures.
4. Out Source more information to benefit your budget development. Below are some examples.
· https://opentextbc.ca/projectmanagement/chapter/chapter-12-budget-planning-project-management/
· https://www.mint.com/budgeting-3/keep-track-of-your-finances-with-a-free-budget-template
· https://www.vertex42.com/ExcelTemplates/project-budget.html
· https://www.smartsheet.com/top-excel-budget-templates
· Please review assessments from the textbook. You need to include some of the results in your essay. In addition to these assessments, take a look at the following assessments and/or scales from textbook.
· No specifics pages but you must provide transcript of questions and answers from your interviews “full” pages of content, not including the title page, and a reference page.
· Least 3 scholarly references (last 5 years) required to support your responses; web sites can be used but will not count towards the minimum. YOU MUST INCLUDE REFERENCES FROM YOUR BOOK AND CITE PROPERLY
· NO DIRECT QUOTES are allowed from scholarly or non-scholarly resources; your full interpretation of the research is mandatory. Other professors might have different expectations regarding quotes.
· You must follow APA FORMAT
· YOU CAN WRITE IN FIRST PERSON
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Characteristics Assessed |
Range: 4 (Good) – 0 (Inadequate) |
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Budget |
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Budget Validation Technique |
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2 Expert Interview |
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Feedback changes based on interview |
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APA FORMAT |
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Total Points Earned: ____ / 20 Points Possible |
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Rating:
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Solution: Determine what level of accuracy will be your estimated budget