Project Planning: Project Schedule, Budget, and Resources: Develop a realistic project schedule taking in account non-workdays and holidays and a realistic baseline budget. Using the WBS estimate the cost of the entire PP. Conduct research and use selected industry salaries, wages, and costs, etc. Include realistic required resources, which are tied to the salaries, wages, and/or costs. Identify and include both management and contingency reserves. Create the schedule and budget in MS Excel and transfer to a MS Word document.
In two to five paragraphs, explain how you determined the resources and costs, provide an overview of your overall baseline budget, and identify your critical path. Additionally, provide the rationale for your management and contingency reserves. Please note: use the Project Budget Template (Timephased).xlsx spreadsheet to assist in creating your budget.(This project aims to organize a graduation party for students. at a budget cost of $8000)
