1- Provide two to three paragraphs describing project schedule management and the purpose of a Gantt chart.
Explain the similarities and differences between a Gantt chart and project network.
2- provide two to three paragraphs describing project cost management and the purpose of a developing a cost baseline
Describe what inputs you used to estimate costs (See Schneider et al., 2020, pp. 288-289).
Describe how you addressed contingency and management reserves. Contingency reserves are used to manage identified risks (i.e., known unknowns) are included in the cost baseline.
Management reserves are added by senior management for risks that might not even have been
thought of (i.e., unknown unknowns). You do not need to include an amount for the management reserves in your cost baseline. It’s included in the budget.
Be sure to cite your source(s) of information and include page numbers when making direct
quotes.
Use APA format. Include a reference list at the end of each section.
