MS Project 2013 #3: Howto Costs Estimate Your Project ● Budget

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This howto teaches costing and budgeting a project in a simple and efficient way with MS project 2013.

To get more information about the CRM Project which is used here as the base example we have an explanatory video entitled
Project CRM Introduction

Thank you very much.
Christian

**** Project Cost Management ****
This is part on a series on project cost management. Where you will find the following topics:

#PM 4.10 Create a budget report with MS Project(soon)
#PM 4.11 What is the difference between costs and budget
#PM 4.12 Contingency Reserves and Management Reserves (soon)
#PM 4.14 Managing and controlling Projects by Earned Value (soon)
#PM 4.15 All Formulas for Cost Controlling a Project (soon)

#msproject #vision6D #pmp #pmi #project #projectmanagement #scrum #agile #msproject #microsoft #bim #kanban #projet #costs #budget #estimation #WBS #criticalpath #resource #baseline #tracking #control

This description contains affiliate links, which means that if you click on one of the product links, I’ll receive a small commission.

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Thank you very much for your time and effort.

nmahamad
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I ended up watching your entire series :-))

whatsinthename
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This video answers questions like I received from Dawn

My name is Dawn. I'm currently in the midst of doing my end-of-course assignment for Project Management, which requires me to utilize MS Project. I'm stuck. Please help me. How do I add the estimated cost for each tasks? I have many more questions and I hope you can help me.  Your help will be greatly appreciated. Thanks!

visionD
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We use MS Project for helping rollup the costs of a project for proposal purposes. So, adding in normal task etc with the resources and the hourly rates in the backend. So I typically add in the task, then the resources and everything is ok - the cost column rolls up the costs as it would do normally, but when I them go to add in the dates for the work to start, all hell breaks loose when the costs now change - as would expect project to do, but I don't want that to happen, the costs are fixed - all I want to do is highlight when the work will start, not actually say that the task taking 2 days longer etc. Is there a way to fix this ?

iainhmunro
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Hi Chriatian, Thank you for the detailed video. I would like to inform you that the url is not opening. I guess is a domain error. kindly check!

buchoization
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Thanks for the strategies you have discussed here.

electriciandallastx
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Budgeting is different to costs estimation. In the following video you can see how to budget with MS Project.

visionD