Project Cost Management Flashcards

1
Q

Plan Cost Management

Inputs

A

.1 Project charter
.2 Project management plan
• Schedule management plan
• Risk management plan

.3 Enterprise environmental
factors

.4 Organizational process assets

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2
Q

Plan Cost Management

Tools

A

.1 Expert judgment

.2 Data analysis

.3 Meetings

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3
Q

Plan Cost Management

Outputs

A
  1. Cost Management Plan
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4
Q

Estimate costs

Inputs

A

.1 Project management plan
• Cost management plan
• Quality management plan
• Scope baseline

.2 Project documents
• Lessons learned register
• Project schedule
• Resources requirements
• Risk register
.3 Enterprise environmental factors
.4 Organizational process assets

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5
Q

Estimate Costs

Tools

A

.1 Export judgment

.2 Analogous estimating

.3 Parametric estimating

.4 Bottom-up estimating

5 Three-point estimating

.6 Data analysis
• Alternates analysis
• Reserve analysis
• Cost of quality
.7 Project management information system

.8 Decisionmaking
• Voting

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6
Q

Estimate Costs

Outputs

A

.1 Cost estimates

.2 Basis of estimates

.3 Project documents updates
• Assumption log
• Lessons learned register
• Risk register

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7
Q

Determine Budget

Inputs

A

.1 Project management plan
• Cost management plan
• Resource management plan
• Scope baseline

.2 Project documents
• Basis of estimates
• Cost estimates
• Project schedule
• Risk register
.3 Business documents
• Business case
• Benefits management plan

.4 Agreements
.5 Enterprise environmental factors
.6 Organizational process assets

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8
Q

Determine Budget

Tools

A

.1 Expert judgment

.2 Cost aggregation

.3 Data analysis

• Reserve analysis

.4 Historical information review

.5 Funding limit reconciliation

.6 Financing

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9
Q

Determine Budget

Outputs

A

.1 Cost baseline
.2 Project funding requirements
.3 Project documents updates
• Cost estimates
• Project schedule
• Risk register

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10
Q

Control Costs

Inputs

A

.1 Project management plan
• Cost management plan
• Cost baseline
• Performance measurement baseline
.2 Project documents
• Lessons learned register
.3 Project funding requirements

.4 Work performance data

.5 Organizational process assets

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11
Q

Control Costs

Tools

A

.1 Expert judgment

.2 Data analysis
• Earned value analysis
• Variance analysis
• Trend analysis
• Reserve analysis

.3 To-complete performance index

.4 Project management information system

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12
Q

Control Costs

Outputs

A

.1 Work performance information

.2 Cost forecasts

.3 Change requests

.4 Project management plan updates
• Cost management plan
• Cost baseline
• Performance measurement baseline
.5 Project documents updates
• Assumption log
• Basis of estimates
• Cost estimates
• Lessons learned register
• Risk register

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