MindMap Gallery PMBOK Project Management PMP Chapter 7 Project Cost Management
PMBOK Chapter 7 Mind Map and Interpretation: No matter what type of project management, cost is often the most concerning.
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This is a mind map about bacteria, and its main contents include: overview, morphology, types, structure, reproduction, distribution, application, and expansion. The summary is comprehensive and meticulous, suitable as review materials.
This is a mind map about plant asexual reproduction, and its main contents include: concept, spore reproduction, vegetative reproduction, tissue culture, and buds. The summary is comprehensive and meticulous, suitable as review materials.
This is a mind map about the reproductive development of animals, and its main contents include: insects, frogs, birds, sexual reproduction, and asexual reproduction. The summary is comprehensive and meticulous, suitable as review materials.
Chapter 7 Project Cost Management
Solve two problems
Budgeting
Control the budget: ensure the project is completed within the established budget
The meaning of budget in PMBOK
BAC
BAC management reserve (unknown-unknown risk or industry risk reserve), management reserve is the company's profit, PM cannot move, and needs to apply.
7.1 Planning cost management
programmatic planning
7.1.1 Input
Project Charter
project management plan
business environment factors
organizational process assets
7.1.2 Tools and techniques
expert judgment
data analysis
Meeting
7.1.3 Output
cost management plan
unit of measurement
Accuracy
Accuracy
Organizer connection
control threshold
performance measurement rules
report format
Other details
7.2 Estimating costs
Bottom-up, micro estimation
Progressive detailing process for work package and activity cost estimates
7.2.1 Input
project management plan
project files
business environment factors
organizational process assets
7.2.2 Tools
expert judgment
analogy estimation
parameter estimation
Bottom-up estimation
three point estimate
data analysis
project management information system
decision making
7.2.3 Output
Cost Estimate
Estimate basis
Project file updates
7.3 Develop a budget
Bottom-up, aggregated estimates
7.3.1 Input
project management plan
project files
business documents
protocol
business environment factors
organizational process assets
7.3.2 Tools
expert judgment
cost summary
data analysis
Managing Reserves: Coping with Unknown-Unknown Risks
Resulting in BAC changes and cost basis changes, CCB approval is required
Historical information review
Fund limit balance: The amount of funds used is stable and even. by setting milestones
Financing
7.3.3 Output
cost basis
Project funding requirements
Project file updates
7.4 Control costs
The process of managing cost changes: when using management reserves
7.4.1 Input
project management plan
cost management plan
project files
Project funding requirements
job performance data
organizational process assets
tool
expert judgment
data analysis
Earned value analysis
Deviation analysis
trend analysis
Reserve analysis
TCPI: Remaining performance index, the remaining work must be completed with the remaining budget, remaining work/remaining budget
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project management information system
output
job performance information
cost forecast
change request
Project Management Plan Update
cost management plan
cost basis
performance measurement benchmarks
Project file updates
Hypothetical log
Estimate basis
Cost Estimate
Lessons Learned Register
risk register