Project Manager Tips & Hints

29 April 2008

Online Project Management Software

Forecast the Cost using Project Management Software

Identify the business expenses involved with implementing each alternative solution, by completing the following table:

Expense Category	Expense Description	Expense Value	Expense Type
People	Salaries of project staff Contractors / outsourced parties Training courses	$ x$ x$ x	OPEXCAPEXOPEX
Physical	Building premises for project team Equipment and materials Tools (computers, phones…)	$ x$ x$ x	OPEXOPEXOPEX
Marketing	Advertising / branding Promotional materials PR and communications	$ x$ x$ x	CAPEXCAPEXCAPEX
Organizational	Operational down-time Short-term loss in productivity Cultural change	$ x$ xDescribe	OPEXOPEXn/a

Initiation: Business Case Costs Table

NB: You may need to identify whether the expense item is a Capital Expense (CAPEX) or Operational Expense (OPEX) item. A separate spreadsheet providing an analysis of each the expenses may need to be provided. You can forecast costs using online project management software.

Posted in Project Initiation