How to make Project Management Plan for Fixed Cost, T&M, CR project ?Also to calculate total cost for these 3 types of projects?

Submitted by kr.deepak123 on Fri, 08/16/2013 - 17:46

 Hi,

  1. Do someone know as how to make project management plan for
  • Fixed Cost Projects.
  • Time & Material Projects
  • Cost Reimursable Projects.

       2. Also , how can we calcuate total cost of each of these 3 types of projects.

       3. Can we use Agile in Fixed Cost projects , if yes then how can we make agile project managment plan

           for fixed cost projects.

      4. How we make agile based project management plan generally and calcuate the cost of project.

Thanks & Regards,

Deepak Kumar

 

 

 

 

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PM in Practice - Real world issues, Best practices
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admin

Sat, 08/17/2013 - 07:39

 The type of the contract does not determine how you make a PM Plan. Whether its fixed price or T&M, you must check what is the schedule, cost allocated and other important aspects. Follow the standard approach to finalize the scope then develop schedule , cost and staffing plan. 

Total cost of any project will be sum of Direct  + Indirect Costs + Applicable taxes. 

3. Agile projects will have different project management plan, it may be based on SCRUM or other methodology.

4. Same as above.