PMBOK Ch 07 Cost Mgt

Question 1

of Inputs, T&T, & Outputs in Prj Cost Mgt

Answer 1

1. 431 Plan Cost Mgt
2. 7.10.3 Estimate Costs
3. 953 Determine Budget
4. 466 Control Costs

Question 2

Plan Cost Mgt Inputs

Answer 2

1. Prj Mgt Plan
2. Prj Charter
3. EEF’s
4. OPA’s

Question 3

Plan Cost Mgt T&T

Answer 3

1. Expert Judgement
2. Analytical Techniques
3. Meetings

Question 4

Plan Cost Mgt Outputs

Answer 4

1. Cost Mgt Plan

Question 5

Estimate Costs Inputs

Answer 5

1. Cost Mgt Plan
2. HR Mgt Plan
3. Scope Baseline
4. Prj Schedule
5. Risk Register
6. EEF’s
7. OPA’s

Question 6

Estimate Costs T&T

Answer 6

1. Expert Judgement
2. Analogous Estimating
3. Parametric Estimating
4. Bottom-up Estimating
5. Three-Point Estimating
6. Reserve Analysis
7. Cost of Quality
8. Prj Mgt Software
9. Vendor Bid Analysis
10. Group Decision-Making Techniques

Question 7

Estimate Costs Outputs

Answer 7

1. Actv Cost Estimates
2. Basis of Estimates
3. Prj Documents Updates

Question 8

Determine Budget Inputs

Answer 8

1. Cost Mgt Plan
2. Scope Baseline
3. Actv Cost Estimates
4. Basis of Estimates
5. Prj Schedule
6. Resource Calendars
7. Risk Register
8. Agreements
   9 OPA’s

Question 9

Determine Budget T&T

Answer 9

1. Cost Aggregation
2. Reserve Analysis
3. Expert Judgement
4. Historical Relationships
5. Funding Limit Reconciliation

Question 10

Determine Budget Outputs

Answer 10

1. Cost Baseline
2. Prj Funding Rqmts
3. Prj Documents Updates

Question 11

Control Costs Inputs

Answer 11

1. Prj Mgt Plan
2. Prj Funding Rqmts
3. Work Performance Data
4. OPA’s

Question 12

Control Costs T&T

Answer 12

1. Earned Value Mgt
2. Forecasting
3. To-Complete Performance Index (TCPI)
4. Performance Reviews
5. Prj Mgt Software
6. Reserve Analysis

Question 13

Control Costs Outputs

Answer 13

1. Work Performance Information
2. Cost Forecasts
3. Change Requests
4. Prj Mgt Plan Updates
5. Prj Documents Updates
6. OPA Updates