How MS Project uses cost management terms?

How MS Project uses cost management terms?

In MS Project are several cost management terms used: [divider] [action_call text=”Microsoft Project Introduction Course” button_url=”https://members.ms-project-elearning.com/vsl-order-form” button_text=”Purchase Now for only 0.99 USD”] [divider] Forecast: The projected cost for all past, current and future tasks. In other words: the predicted cost for the project. Actual: The costs that have already been made, or for which the obligation to pay is already made Remaining: All …

What exactly is a baseline?

What exactly is a baseline?

Baseline The baseline of a project is a copy of the project schedule as it was the last time your schedule was agreed upon. Saving this information allows you to compare the actual project progress against the planned project progress at any stage. [divider] [action_call text=”Microsoft Project Introduction Course” button_url=”https://members.ms-project-elearning.com/vsl-order-form” button_text=”Purchase Now for only 0.99 USD”] [divider] Once the project schedule has been baselined, …