- This course helps you build your initial project budget.
But remember, few things have a shorter lifespan
than a project budget.
Early in the project, you'll be making adjustments
as you determine the accuracy of your estimates.
As risks occur and actual purchase costs are determined,
your budget needs to be adjusted accordingly.
Stakeholders request changes,
business needs evolve,
and errors are made when creating project deliverables.
It's a dynamic environment
and project costs need to be adjusted to be
as accurate as possible to boost stakeholder confidence
in the project.
Because of this,
I'll not only give you tips for building your budget,
but also for adjusting it as you acquire more information.
I've included a series of challenge scenarios
and solutions later in this course,
so you can practice applying what you've learned.
Also, check out the exercise files.
There, you'll find detailed budget analysis approaches,
recommendations for graphics to present your budget status,
and checklists to help you manage your budget
with foresight.
Now, your first task, download those exercise files.
Then, you'll be ready to start this course.