Project Cost Management Flashcards
Plan Cost Management
Inputs
.1 Project charter
.2 Project management plan
• Schedule management plan
• Risk management plan
.3 Enterprise environmental
factors
.4 Organizational process assets
Plan Cost Management
Tools
.1 Expert judgment
.2 Data analysis
.3 Meetings
Plan Cost Management
Outputs
- Cost Management Plan
Estimate costs
Inputs
.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
Estimate Costs
Tools
.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
Estimate Costs
Outputs
.1 Cost estimates
.2 Basis of estimates
.3 Project documents updates
• Assumption log
• Lessons learned register
• Risk register
Determine Budget
Inputs
.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
Determine Budget
Tools
.1 Expert judgment
.2 Cost aggregation
.3 Data analysis
• Reserve analysis
.4 Historical information review
.5 Funding limit reconciliation
.6 Financing
Determine Budget
Outputs
.1 Cost baseline
.2 Project funding requirements
.3 Project documents updates
• Cost estimates
• Project schedule
• Risk register
Control Costs
Inputs
.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
Control Costs
Tools
.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
Control Costs
Outputs
.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