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

TOPIC: Why Resource Calendar in Budget

Why Resource Calendar in Budget 6 years 10 months ago #11261

  • Puneet Maheshwari
  • Puneet Maheshwari's Avatar Topic Author
  • Offline
  • Junior Boarder
  • Junior Boarder
  • Posts: 26
  • Thank you received: 1

Human Resource plan is input to Estimate Costs
where as
Resouce Calander is input to Determine Budget

Why resource calendar is not input to Estimate cost?
Why HR Plan is not used to Determine Budget?

Pls advise.

Why Resource Calendar in Budget 6 years 10 months ago #11277

  • Steven Mudrinich, PMP
  • Steven Mudrinich, PMP's Avatar
  • Offline
  • Expert Boarder
  • Expert Boarder
  • Posts: 126
  • Karma: 7
  • Thank you received: 25

The HR plan is an input to Estimate Costs because the PM will need to understand the fixed cost of labor associated with the project. For example, workers will need to be paid, they may have certain benefits that will need to be paid such as leave, medical, etc, they need costly rewards, and they may require training. The resource calendar is an input to Determine Budget because it includes how the costs will be applied over time (i.e. the time-phased project budget) while Estimate Costs does not necessarily include a comprehensive analysis of the impact of time.

- Steven
Moderators: Yolanda MabutasMary Kathrine PaduaJohn Paul BugarinHarry ElstonJean KwandaDaniel SoerensenAlexander AnikinElena ZelenevskaiaChristine Whitney, PMP

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