Project cost | Business & Finance homework help

 In your own words, answer this unit’s discussion questions in a main post (recommended minimum 300 words) 

Assignment Details

The importance of creating a plan is to ensure that the project goals are defined and met. Also, it is crucial to understand that projects are living activities—circumstances change, risks that previously identified become a reality, and obstacles that were not previously identified come to light. Those are only a few reasons why project plans need to adapt to changes in the project environment.

• Describe a time when you participated in a project and how it was or could have been affected by cost and schedule.

After posting your response, respond to at least 2 of your peers. When responding to your peers, reflect on your response. How is your project experience similar or different, and what knowledge can you gain from their shared experience?