Friday, February 8, 2019

Estimating Costs and Allocating Resources


This week we have been discussing estimating costs and allocating resources for our projects. I've been assigned to find two different resources and rate what I think about them. I've done so below. Enjoy!

Smartsheet.com


Smartsheet.com is a project management tool that can help you will all things project management. One thing I enjoyed about this tool is they have a full article on project cost estimates. They go through some really good information. Then they link it to their tool showing that it is a easy to use tool. It can help accurately estimate costs. I really like this tool.

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replicon.com


Replicon.com is another project management tool used to do an array of project management objectives. I think its really cool how both these tools have a full suite of software. It is nice to have a one stop shop for all things project management. Replican states it can, "Track up-to-the-minute project time, capture all billable hours and efficiently manage your resources, projects, clients, and billing." This is a big deal. It is really important to be able to track billable hours and efficiently run a project. Many times we think about what a project is going to cost, however we don't think about what we would need to collect. The inflow of money can come and help projects. This tool would be perfect for all things budget. 




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