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7 - PROJECT COST MANAGEMENT

4.1
Develop Project Project Cost Management
Charter
• Project charter
7.1
Plan Cost
• Project Management
management • Enterprise
plan environmental
factors
4.2 • Organizational • Cost
Develop Project process assets management
Management plan 11.2
Plan Identify
Risks
6.2
Define
Activities
Enterprise/ 11.4
Organization Perform
Quantitative
6.3 Risk Analysis
Sequence
Activities

Figure 7-3. Plan cost Management: data Flow diagram

The cost management processes and their associated tools and techniques are documented in the cost
management plan. The cost management plan is a component of the project management plan.

7.1.1 Plan cost Management: Inputs

7.1.1.1 Project Management Plan

Described in Section 4.2.3.1. The project management plan contains information used to develop the cost
management plan, which contains, but is not limited to:

• Scope baseline. The scope baseline includes the project scope statement and WBS detail for cost
estimation and management.

• Schedule baseline. The schedule baseline defines when the project costs will be incurred.
• other information. Other cost-related scheduling, risk, and communications decisions from the project
management plan.

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