Project Cost Management « JoEgg's Personal Blog II

12Mar/100

Project Cost Management

The processes in Project Cost Management are

Estimate Cost

Inputs	Tools and Techniques	Outputs
Enterprise environmental factors Organizational process assets Project scope statement Work breakdown structure WBS Dictionary Project management plan	Analogous estimating Determine resource cost rates Bottom-up estimating Parametric estimating Project management software Vendoe bid analysis Reserve analysis Cost of quality	Activity cost estimates Activity cost estimate supporting detail Requested changes Cost management plan (updates)

Determine Budget

Inputs	Tools and Techniques	Outputs
Project scope statement Work breakdown structure WBS Dictionary Activity cost estimate Activity cost estimate supporting detail Project schedule Resource calendars Contract Cost management plan	Cost aggregation Reserve analysis Parametric estimating Funding limit reconcillation	Cost baseline Project funding requirement Cost management plan (updates) Requested changes

Control Cost

Inputs	Tools and Techniques	Outputs
Cost baseline Project funding requirements Performance reports Work performance information Approved change requests Project management plan	Cost change control system Performance measurement analysis Forecasting Project performance reviews Project management software Variance management	Cost estimate (updates) Cost baseline (updates) Performance measurements Forecasted completion Requested changes Recommended corrective actions Organizational process assets (updates) Project management plan (updates)

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