WEEK 5 DISCUSSION
Based on Halima. (2021), scheduling is also as import project budgeting, it allows
the PM to determine the timeline for the project, the time of completion and the resources need.
It also provides the PM the chance to plan and organize the team of their takes based on their
effectiveness. In return scheduling would mitigate the financial constraints throughout the
project, create a comprehensive documentation which might become of essence in future, all
effective and organized management based on the given schedule, and lastly, deliver a project
that has been completed in quality time and manager since it measures the expectation in every
Preparing a bottom-up budget
If I am given the chance to manage and develop the transportation budget in my
department, I would give the following instructions: the first thing is to prepare a list of expenses
from the fuel, taxes, the salaries of the drivers and the servicing. The second step would be to
instruct the to sum up the total amount of the expenses to get the total budgeted, the third step
would be to submit it for approval to the movement since the management would be interested in
knowing the objectives and the goals it has the ext. fiscal year.it the company leadership is
satisfied with the budget it approves it (Corporate Finance Institute, 2020).