I. Inputs

• Project scope statement


• Work breakdown structure


• WBS dictionary


• Activity cost estimates


• Activity cost estimate supporting detail


• Project schedule 


• Resource calendars 


• Contract


• Cost management plan

II. Tools and Techniques

• Cost aggregation


• Reserve analysis


• Parametric estimating 


• Funding limit reconciliation

III. Outputs

• Cost baseline 


• Project funding requirements 


• Cost management plan (updates)


• Requested changes

I. Inputs

• Enterprise environmental factors


• Organizational process assets 


• Project scope statement


• Work breakdown structure


• WBS dictionary 


• Project management plan

             - Schedule management plan

             - Staffing management plan

             - Risk register

II. Tools and Techniques

• Analogous estimating


• Determine resource cost rates


• Bottom-up estimating


• Parametric estimating


• Project management software


• Vendor bid analysis


• Reserve analysis


• Cost of quality

III. Outputs

• Activity cost estimates 


• Activity cost estimate supporting detail 


• Requested changes


• Cost management plan (updates)

Cost Estimating - Developing an approximation of the costs of the resources needed to complete  project activities.

Cost Budgeting - Aggregating the estimated costs of individual activities or work packages to establish a cost baseline

Cost Control - Influencing the factors that create cost variances and controlling changes to the project budget.

I. Inputs

• Schedule management plan


• Schedule baseline


• Performance reports


• Approved change requests

II. Tools and Techniques

• Progress reporting


• Schedule change control system


• Performance measurement


• Project management software


• Variance analysis


• Schedule comparision bar charts

III. Outputs

• Schedule model data (updates)


• Schedule baseline (updates)


• Performance measurements


• Requested changes


• Recommended corrective actions


• Organizational process assets (updates)


• Activity list (updates)


• Activity attributes (updates)


• Project management plan (updates)

I. Inputs

• Organizational process assets


• Project scope statement


• Activity list


• Activity attributes


• Project schedule network diagrams


• Activity resource requirements


• Resource calendars


• Activity duration estimates 


• Project management plan

                - RisK register

II. Tools and Techniques

• Schedule network analysis


• Critical path method


• Schedule compression


• What-if scenario analysis


• Resource leveling


• Critical chain method


• Project management software


• Applying calendars


• Adjusting leads and lags 


• Schedule model

III. Outputs

• Project schedule


• Schedule model data


• Schedule baseline


• Resource requirements (updates)


• Activity attributes (updates)


• Project calendar (updates)


• Requested changes


• Project management plan (updates)

                 - Schedule management plan(updates)

I. Inputs

• Enterprise environmental factors


• Organizational process assets


• Project scope statement


• Activity list


• Activity attributes


• Activity resource requirements


• Resource calendars


• Project management plan

               - Risk register

               - Activity cost estimates

II. Tools and Techniques

• Expert judgment


• Analogous  estimating


• Parametric estimating


• Three-point estimates 


• Reserve analysis

III. Outputs

• Activity duration estimates


• Activity attributes (updates)

I. Inputs

• Enterprise environmental factors


• Organizational process assets


• Activity list


• Activity attributes


• Resource availability


• Project management plan

II. Tools and Techniques

• Expert Judgment


• Alternatives analysis


• Published estimating data


• Project management software


• Bottom-up estimating

III. Outputs

• Activity resource requirements


• Activity atributes (updates)


• Resource breakdown structure


• Resource calendars (updates)


• Requested changes

I.Inputs

• Project scope statement


• Activity list


• Activity attributes


• Milestone list


• Approved change requests

II. Tools and Techniques

• Precedence Diagramming Method (PDM)


• Arrow Diagramming Method (ADM)


• Schedule network templates 


• Dependency determination


• Applying leads and lags 

III. Outputs

• Project schedule network diagrams


• Activity list (updates)


• Activity attributes (updates)


• Requested changes