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Career & Development

Behaviors for Manages Cost
Supporting the Manage Projects Success Profile
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Entry to Mid Level Project Managers
  Outstanding Behaviors
 
  • Facilitates a process of accurately estimating project costs.
  • Manages project costs within the budget that has been provided.
  • Demonstrates understanding of how project costs are tracked and managed.
  • Determines the impact of change requests on project costs.
  Marginal Behaviors
 
  • Significantly over estimates or under estimates costs.
  • Does not manage project costs within the budget.
  • Does not understand or use project cost reports.

Mid to Senior Level Project Managers
  Outstanding Behaviors
 
  • Accurately estimates costs for tasks and key project segments.
  • Ensures effective cost management of projects.
  • Takes accountability for developing the project budget and managing to this budget.
  • Gains management support for own budget recommendations.
  • Implements ways to controls costs through all phases of the project.
  Marginal Behaviors
 
  • Develops inaccurate cost estimates, due to insufficient discussion with all responsible parties.
  • Pays insufficient attention to cost management.
  • Does not attempt to manage to the budget.
  • Makes budget recommendations without first gaining management support.


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