ITTO – Project Cost Management

Project Cost Management processes
1. Plan Cost Management
2. Estimate Costs
3. Determine Budget
4. Control Costs
Input – Plan Cost Management
1 Project management plan
2 Project charter
3 Enterprise environmental factors
4 Organizational process assets
Tools & Techniques – Plan Cost Management
1 Expert judgment
2 Analytical techniques
3 Meetings
Output – Plan Cost Management
1 Cost management plan
Plan Cost Management
Input:
1 Project management plan
2 Project charter
3 Enterprise environmental factors
4 Organizational process assets

Tools & Techniques:
1 Expert judgment
2 Analytical techniques
3 Meetings

Output:
1 Cost management plan

Input – Estimate Costs
1 Cost management plan
2 Human resource management plan
3 Scope baseline
4 Project schedule
5 Risk register
6 Enterprise environmental factors
7 Organizational process assets
Tools & Techniques – Estimate Costs
1 Expert judgment
2 Analogous estimating
3 Parametric estimating
4 Bottom-up estimating
5 Three-point estimating
6 Reserve analysis
7 Cost of quality
8 Project management software
9 Vendor bid analysis
10 Group decision-making techniques
Output – Estimate Costs
1 Activity cost estimates
2 Basis of estimates
3 Project documents updates
Estimate Costs
Input:
1 Cost management plan
2 Human resource management plan
3 Scope baseline
4 Project schedule
5 Risk register
6 Enterprise environmental factors
7 Organizational process assets

Tools & Techniques:
1 Expert judgment
2 Analogous estimating
3 Parametric estimating
4 Bottom-up estimating
5 Three-point estimating
6 Reserve analysis
7 Cost of quality
8 Project management software
9 Vendor bid analysis
10 Group decision-making techniques

Estimate Costs:
1 Activity cost estimates
2 Basis of estimates
3 Project documents updates

Input – Determine Budget
1 Cost management plan
2 Scope baseline
3 Activity cost estimates
4 Basis of estimates
5 Project schedule
6 Resource calendars
7 Risk register
8 Agreements
9 Organizational process assets
Tools & Techniques – Determine Budget
1 Cost aggregation
2 Reserve analysis
3 Expert judgment
4 Historical relationships
5 Funding limit reconciliation
Output – Determine Budget
1 Cost baseline
2 Project funding requirements
3 Project documents updates
Determine Budget
Input:
1 Cost management plan
2 Scope baseline
3 Activity cost estimates
4 Basis of estimates
5 Project schedule
6 Resource calendars
7 Risk register
8 Agreements
9 Organizational process assets

Tools & Techniques:
1 Cost aggregation
2 Reserve analysis
3 Expert judgment
4 Historical relationships
5 Funding limit reconciliation

Output:
1 Cost baseline
2 Project funding requirements
3 Project documents updates

Input – Control Costs
1 Project management plan
2 Project funding requirements
3 Work performance data
4 Organizational process assets
Tools & Techniques – Control Costs
1 Earned value management
2 Forecasting
3 To-complete performance index (TCPI)
4 Performance reviews
5 Project management software
6 Reserve analysis
Output – Control Costs
1 Work performance information
2 Cost forecasts
3 Change requests
4 Project management plan updates
5 Project documents updates
6 Organizational process assets updates
Control Costs
Input:
1 Project management plan
2 Project funding requirements
3 Work performance data
4 Organizational process assets

Tools & Techniques:
1 Earned value management
2 Forecasting
3 To-complete performance index (TCPI)
4 Performance reviews
5 Project management software
6 Reserve analysis

Output:
1 Work performance information
2 Cost forecasts
3 Change requests
4 Project management plan updates
5 Project documents updates
6 Organizational process assets updates