The value of a certain amount of future cash today

Discount, convert future monetary value into current monetary value

The present value of income minus the present value of expenditure, the bigger the better, an important indicator for selecting projects

When selecting a project, the project duration or investment length does not need to be considered

Refers to how long it will take to recover the project investment (project construction period plus after production and operation)

Does not consider the time value of money

Operating income after investment recovery is not considered

Refers to the ratio of the average annual operating profit after the project is put into production to the project investment amount

Does not consider the time value of money

Discount rate when net present value equals zero

The larger the value, the stronger the profitability and ability to resist risks.

Refers to the ratio of project benefits to costs

Only projects greater than 1 are worth doing

Project Charter

Project management plan (schedule management plan, risk management plan)

business environment factors

organizational process assets

Expert judgment, meetings, data analysis (alternative analysis)

cost management plan

Project management plan (cost management plan, quality management plan, scope baseline)

Project documents (lessons learned register, project schedule, resource requirements, risk register)

business environment factors

organizational process assets

Expert judgment, analogical estimation, parameter estimation, bottom-up estimation, three-point estimation, data analysis (alternative analysis, reserve analysis, quality cost), project management information system, decision-making-voting

Cost Estimate

Estimate basis

Project document updates (assumption log, lessons learned register, risk register)

Project management plan (cost management plan, resource management plan, scope baseline)

Project documents (basis of estimate, cost estimate, project schedule, risk register)

Business documents (business case, benefit management plan)

protocol

business environment factors

organizational process assets

Expert judgment, cost summary, data analysis (reserve analysis), historical information review, fund limit balance, financing

cost performance benchmark

Project funding requirements

Project document updates (cost estimate, project schedule, risk level book)

Project management plan (cost management plan, cost baseline, performance measurement baseline)

Project Documents (Lessons Learned Register)

Project funding requirements

job performance data

organizational process assets

Expert judgment, data analysis (earned value analysis, deviation analysis, trend analysis, reserve analysis), performance index to completion, project management information system

job performance information

cost forecast

change request

Project management plan updates (cost management plan, cost baseline, performance measurement baseline)

Project document updates (assumption log, basis of estimates, cost estimates, lessons learned register, risk register)