21.8.1. Applications in Tech and Engineering

Try these first

1. 1.

   What is performance budgeting?

   Hint

   Think about how budgeting relates to outcomes.

2. 2.

   Define a milestone in a project.

   Hint

   Consider what events are used to check progress.

3. 3.

   What does performance budgeting aim to achieve?

   • Reduce overall costs
   • Link resources to results
   • Increase project scope

   Hint

   Remember how budgeting relates to planning efficiency.

4. 4.

   True or False? Scope creep can cause budget overruns.

   • True
   • False

   Hint

   Think about how changing requirements affect budget limits.

5. 5.

   You're the project manager for software that requires regular updates. Explain how you would use performance budgeting to prioritize features and control costs.

   Hint

   Reflect on prioritization when spending.

6. 6.

   Design a basic performance budgeting framework for a new app development project.

   Hint

   Think about the steps needed in a real project.