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