Unformatted text preview: damage costs are transferred or minimized. A budget needs to be set to estimate the costs and spending so that the money is invested wisely. To achieve the best quality at the cheapest cost, a procurement plan needs to study and compare suppliers and resources. Three documents which might be used in project management are business case, project charter, and milestone report. The business case report points out the reasoning and the purpose for initiating a project, which is basically an overview. The project charter states the scope, objectives, and participants that are in control of the tasks of the project. The milestone report contains the summary, progress, and status of a project....
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This note was uploaded on 05/26/2011 for the course BA 320 taught by Professor Mattwimble during the Fall '10 term at University of Michigan-Dearborn.
- Fall '10
- Project Management