Cost vs Schedule Risk
- Write a paper with a minimum of 4-5 pages that explains the difference between cost and schedule risk and why it’s important to not focus just on cost risk but integrate both cost and schedule risk when developing project budgets and cost probability distributions.
- You are required to use APA 6th edition, 4-5 page length, and a minimum of 3 citations. Also, be sure to include the following:
- Fully describe schedule risk and its relationship to overall cost.
- Fully explain the difference between time-dependent and time-independent resources.
- Provide examples of both cost and schedule risk and how they might affect an individual project activity individually.
- Fully explain how integrating cost and schedule risk affect overall project costs.
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