Activity

  • I agree with the above posts that budget cut is very common problem that most project managers deal within a company. In the planning stage of the project, most project managers create a Bill of Materials (BOM) and an estimated labor costs and parts. However, as the project continues, problems arise and the project team needs to review the plans and come up with an efficient solutions. In some problems, it may be necessary to notify the customer whose products are being manufactured. Lastly, if working under budget from the beginning, there wouldn’t be much to reevaluate as the project manager can quickly identify the priorities and starts the project right back with the new budget.