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Mastering Project Time Management, Cost Control, and Quality Management: Proven Methods for Controlling the Three Elements that Define Project Deliverables by Randal Wilson

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Part II: Project Cost Management

Chapter 8 Plan Cost Management

Chapter 9 Estimate Project Costs

Chapter 10 Develop a Project Budget

Chapter 11 Control Project Costs

After an effective schedule management plan has been created outlining specific details of each work activity’s requirements, the project manager uses details of those work activities to derive cost estimates of completion. The sum of cost estimates for each work activity and any other costs incurred to accomplish the project objective are combined into one master document called the project budget. As the project manager reviews each work activity for specific requirements of resources, materials and supplies, facilities, human resources, and other requirements that will ultimately ...

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