07 PROJECT COST MANAGEMENT

7.1 Plan Cost Management

7.2 Estimate Costs

7.3 Determine Budget

7.4 Control Costs

Different
stakeholders will measure project costs in

The cost management plan is a

Cost estimates are a

The accuracy of a project estimate will increase as

A cost estimate is a

Analogous cost estimating uses the

Management reserves are

Activity cost estimates are

A project budget includes

The cost baseline is

Earned value management (EVM) is

The total of the PV is sometimes referred to as

Earned value (EV) is a measure of

The cost performance index (CPI) is a

The schedule performance index (SPI) is a

The to-complete performance index (TCPI) is

PV
Planned Value

EV
Earned Value

AC
Actual Cost

BAC
Budget at
Completion

CV
Cost Variance

SV
Schedule
Variance

VAC
Variance at
Completion

CPI
Cost
Performance
Index

SPI
Schedule
Performance
Index

EAC
Estimate At
Completion

ETC
Estimate to
Complete

TCPI
To Complete
Performance
Index