Financial Planning in Project Management


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question 1 of 3

What is one benefit of financial planning in project management?

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1. What is the starting point for top-down estimating?

2. Which of these is NOT included in an expense schedule?

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About This Quiz & Worksheet

In project management, financial plans exist. Assess your knowledge of these plans and their purpose by using the worksheet and quiz.

Quiz & Worksheet Goals

These tools are designed to check your knowledge of:

  • The starting point for top-down estimating
  • Timeframe used for calculating an expense schedule
  • Benefit of financial planning in project management
  • Things included in an expense schedule
  • Major steps used to create a project budget

Skills Practiced

  • Reading comprehension - ensure that you draw the most important information from the lesson on financial plans in project management
  • Interpreting information - verify that you can read information about a benefit of financial planning in project management and interpret it correctly
  • Information recall - access the knowledge you have gained about the major steps involved to create a project budget

Additional Learning

To learn more, have a look at the accompanying lesson named Financial Planning in Project Management. This lesson can help you:

  • Define project financial planning
  • Identify the different types of estimating methods
  • Review the pros and cons of financial plans in project management