Cost Management ITTO

Question 1

7.1

Plan Cost Management - Inputs

Answer 1

4. 1.3.1 Project Charter
5. 2.3.1 Project Management Plan
6. 1.3.1 Schedule Management Plan
7. 1.3.1 Risk Management Plan
8. 1.1.3 Enterprise Environmental Factors (E.E.F.)
9. 1.1.4 Organizational Process Assets (O.P.A.)

Question 2

7.1

Plan Cost Management - Outputs

Answer 2

07.1.3.1 Cost Management Plan

Question 3

7.1

Plan Cost Management - Tools & Techniques

Answer 3

4. 1.2.1 Expert Judgment
5. 0.2 Data Analysis Tools and Techniques Group
6. 5.2.2 Alternative Analysis
7. 1.2.4 Meetings

Question 4

7.2

Estimate Costs - Inputs

Answer 4

4. 2.3.1 Project Management Plan
5. 4.3.1 Scope Baseline
6. 1.3.1 Cost Management Plan
7. 1.3.1 Quality Management Plan
8. 3.1.2 Project Documents
9. 4.3.1 Lessons Learned register
10. 5.3.2 Project Schedule
11. 2.3.1 Resources Requirements
12. 2.3.1 Risk Register
13. 1.1.3 Enterprise Environmental Factors (E.E.F.)
14. 1.1.4 Organizational Process Assets (O.P.A.)

Question 5

7.2

Estimate Costs - Outputs

Answer 5

7. 2.3.1 Cost Estimates
8. 4.3.2 Basis of Estimates
9. 3.1.2 Project Documents
10. 1.3.2 Assumption log
11. 4.3.1 Lessons Learned register
12. 2.3.1 Risk Register

Question 6

7.2

Estimate Costs - Tools & Techniques

Answer 6

4. 1.2.1 Expert Judgment
5. 4.2.2 Analogous Estimating
6. 4.2.5 Bottom up estimating
7. 4.2.3 Parametric Estimating
8. 4.2.4 3-points Estimating
9. 0.2 Data Analysis Tools and Techniques Group
10. 5.2.2 Alternative Analysis
11. 2.2.6 Cost of Quality
12. 4.2.6 Reserve analysis
13. 3.2.2 Project Management Information System (PMIS)
14. 0.2 Decision making Tools and Techniques Group
15. 5.2.3 Voting

Question 7

7.3

Determine Budget - Inputs

Answer 7

4. 2.3.1 Project Management Plan
5. 4.3.1 Scope Baseline
6. 1.3.1 Cost Management Plan
7. 1.3.1 Resources Management Plan
8. 3.1.2 Project Documents
9. 4.3.2 Basis of Estimates
10. 5.3.2 Project Schedule
11. 2.3.1 Cost Estimates
12. 2.3.1 Risk Register
13. 1.1.1 Business Documents
14. 1.1.2 Agreements
15. 1.1.3 Enterprise Environmental Factors (E.E.F.)
16. 1.1.4 Organizational Process Assets (O.P.A.)

Question 8

7.3

Determine Budget - Outputs

Answer 8

7. 3.3.1 Cost Baseline
8. 3.3.2 Project Funding Requirements
9. 3.1.2 Project Documents
10. 5.3.2 Project Schedule
11. 2.3.1 Cost Estimates
12. 2.3.1 Risk Register

Question 9

7.3

Determine Budget - Tools & Techniques

Answer 9

4. 1.2.1 Expert Judgment
5. 3.2.2 Cost Aggregation
6. 3.2.6 Financing
7. 3.2.5 Funding Limit Reconciliation
8. 3.2.4 Historical Information review
9. 0.2 Data Analysis Tools and Techniques Group
10. 4.2.6 Reserve analysis

Question 10

7.4

Control Costs - Inputs

Answer 10

4. 2.3.1 Project Management Plan
5. 2.3.1 Performance Measurement Baseline
6. 1.3.1 Cost Management Plan
7. 3.3.1 Cost Baseline
8. 3.1.2 Project Documents
9. 4.3.1 Lessons Learned register
10. 3.3.2 Work Performance Data
11. 3.3.2 Project Funding Requirements
12. 1.1.4 Organizational Process Assets (O.P.A.)

Question 11

7.4

Control Costs - Outputs

Answer 11

4. 3.3.4 Change Requests
5. 3.3.4 Work Performance Information
6. 4.3.2 Cost Forecasts
7. 2.3.1 Project Management Plan
8. 2.3.1 Performance Measurement Baseline
9. 1.3.1 Cost Management Plan
10. 3.3.1 Cost Baseline
11. 3.1.2 Project Documents
12. 1.3.2 Assumption log
13. 4.3.1 Lessons Learned register
14. 4.3.2 Basis of Estimates
15. 2.3.1 Cost Estimates
16. 4.3.2 Cost Forecasts
17. 2.3.1 Risk Register

Question 12

7.4

Control Costs - Tools & Techniques

Answer 12

4. 1.2.1 Expert Judgment
5. 3.2.2 Project Management Information System (PMIS)
6. 4.2.3 To-Complete Performance Index
7. 0.2 Data Analysis Tools and Techniques Group
8. 5.2.2 Earned Value Analysis (EVA)
9. 4.2.6 Reserve analysis
10. 5.2.2 Trend analysis
11. 5.2.2 Variance analysis