Scope, Schedule and Budget
Prior to the start of design an agreed upon scope, elapsed schedule and budget of each project is defined. Any changes to the agreed upon and authorized scope, schedule or budget of the project must be approved by the Project Manager with all consequences understood and accepted by the project funding source. As changes in the scope and schedule of a project will impact budget, an estimate will be prepared at the end of the PD phase to verify that the project remains within budget. The budget must be reconciled with scope prior to proceeding with the next phase of design.