Q:
         
         
            
               Project Cost Management - Processes
            
                           
                  
Describe the Inputs, Tools and Techniques , Outputs included in the Cost Estimating ?
               
                      
         
             Answer
                        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)
 
         
         
         
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