Project Management

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A newbie...need help

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Anonymous
I am a PM now...I have a good handle of the people part and managing projects from my previous role. I am stuck with schedules and cost management.

I have developed a schedule using my WBS...fairly simple project with one developer, tester etc. In MSP I allocated the developer to the project tasks at 80%. My schedule is running a little longer and I need to tweak it by changing the allcoation plus finding other ways to do it. Also in the resource sheet, the one developer is overallocated and the resource leveling option in MSP is not fixing it. How do I fix that?

Also I estimated cost based on the hours to complete a task. I am not sure how adding more resources will change that picture...it does make sense that adding resources will cost more, but how do I count that in the budget. For eg, I need 2000 hours of development...so if I add 1 developer it may take x months...add 2 developers to the project it may take y months...this may affect the schedule, but how will cost change? Am I missing something big here?

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