Money in project plans:
- Determine the fees of the team members.
- Estimate the hours for the team members.
- Assign budgets to team members for specific tasks.
- Determine costs for material and tools.
Money in progress monitoring:
- Monitor cash flow.
- Negotiate with suppliers.
- Determine whether the original cost estimates are still accurate.
- Adjust budgets.
- Negotiate with customer and/or client concerning budget adjustments.
Money in project reporting:
- Compile financial reports and statements.
- Analyse definitive financial report.