Do you need customer support or technical assistance? Click here to submit a support ticket...

TOPIC: Why is a cost budgeting tool an OPA?

Why is a cost budgeting tool an OPA? 2 years 1 month ago #11090

  • Scott Smith
  • Scott Smith's Avatar Topic Author
  • Offline
  • Fresh Boarder
  • Fresh Boarder
  • Posts: 12
  • Thank you received: 0
Why is this not an EEF like a scheduling tool?

Why is a cost budgeting tool an OPA? 2 years 1 month ago #11103

  • Ahmed Amin
  • Ahmed Amin's Avatar
  • Offline
  • Gold Boarder
  • Gold Boarder
  • Posts: 300
  • Karma: 8
  • Thank you received: 72
cost budgeting tool is normally developed by the organization to maintain the resource prices, overhead costs, etc. hence it is an organizational process asst since it is "specific to and used by the performing organization".
Scheduling tool is normally a ready-made tool "not under the control of the project team" and is not specific to the organization as it is a general tool.
Ahmed Amin Abdullah, PMP
Community Moderator

Why is a cost budgeting tool an OPA? 2 years 1 month ago #11104

  • Scott Smith
  • Scott Smith's Avatar Topic Author
  • Offline
  • Fresh Boarder
  • Fresh Boarder
  • Posts: 12
  • Thank you received: 0
Thank you - very helpful!
Moderators: Yolanda MabutasScott GillardMary Kathrine PaduaSteven Mudrinich, PMPCynthia Lim Louis, PMPTracy Shagnea, PMPPatrick Floris PhD PMPJoe PangJohn Paul BugarinJason YorekLuke HoSimone ChristieAmy MartinezDaniel DewartEmily Rivera

OSP INTERNATIONAL LLC
OSP INTERNATIONAL LLC
Training for Project Management Professional (PMP)®, PMI Agile Certified Practitioner (PMI-ACP)®, and Certified Associate in Project Management (CAPM)®

Login
Boost Your PMP Exam Prep in Only Eight Hours! Join the Live PMP Coaching Class on August 24/25 for just $179. Click to learn more... OR Click to watch a free session...