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7.3 - Determine Budget
7.3
4
Management
Post-Graduate
08/19/2020

Additional Management Flashcards

 


 

Cards

Term
What is the purpose of the 3rd process in Project Cost Management?
Definition
To create the cost baseline
Term
What are the inputs for the 3rd process in Project Cost management?
Definition
1. PMP
2. Project Documents
3. Business Documents
4. Agreements
5. EEFs
6. OPAs
Term
What are the tools and techniques for the 3rd process in Project Cost Management?
Definition
1. Expertise
2. Cost Aggregation
3.Data Analysis-Reserves analysis (Management Reserve)
4. Historical Information Review
5. Funding Limit Reconciliation
6. Financing
Term
What are the outputs for the 3rd process in Project Cost management?
Definition
1. Cost Baseline
2. Funding Requirements
3. PD updates
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