Question

How does a network diagram help to organize the tasks in the project? How will it help in formulating the budget?

Answer 1

Way network diagram helps to organize the tasks in the project:
Network diagrams that use the arrow and node method permit delineating unmistakably project dependencies. Project managers and teams have an away from of which activities or tasks must be finished to start others and to, in this way, dole out criticality to certain, more significant tasks.
Network Diagrams are developed for three key reasons: 1) to sequence and define the activities, 2) to assist with an estimate of the resources that will need, and 3) to empower to what extent each activity will take.

Way network diagram help in formulating the budget:
Utilize this way to deal with other project resources. This could be the number of individuals required to convey project activities or the goods, and services expected to actualize a task. Through network diagram how project activities identity with one another and know when and where project resources will be required. It will give the overview to deal with time, expenses and assets adequately.

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