PMP Project Cost Management Inputs & Outputs – Flashcards

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question
What are the inputs to the estimate cost process?
answer
Scope baseline Project schedule Human resource plan Risk register Enterprise environmental factors Organizational process assets
question
What are the tools and techniques used in the estimate cost process?
answer
Expert judgement Analogous estimating Parametric estimating Botton-up estimating Three-point estimating Reserver analysis Cost of quality Project management estimating software Vendor bid analysis
question
What are the outputs of the estimate cost process?
answer
Activity cost estimations Basis of estimates Project document updates
question
What are the inputs for the determine budget process?
answer
Activity cost estimates Basis of estimates Scope baseline Project schedule Resource calendars Contracts Organizational process assets
question
What are the tools and techniques for the determine budget process?
answer
Cost aggregation Reserve analysis Expert judgement Historical relationships Funding limit reconciliation
question
What re the outputs of the determine budget process?
answer
Cost performance baseline Project funding requirements Project document updates
question
What are the inputs for the control cost process?
answer
Project management plan Project funding requirements Work performance information Organizational process assets
question
What are the tools and techniques for the control cost process?
answer
Earned value management Forecasting To-complete performance index (TCPI) Performance reviews Variance analysis Project management software
question
What are the output for the control cost process?
answer
Work performance measurements Budget forecast Organizational process assets updates Change request Project management plan updates Project document updates
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