Subscribe:
RSS feed
Instantly usable and helpful information for project management, agile/SCRUM, business analysis, IT strategy and compliance and lean – six sigma.
Browsing All posts tagged under »Cost Knowledge Area«
Management “Nexus” – the intersection of multiple disciplines
Nexus – 1. a means of connection; tie; link. 2. a connected series or group. 3. the core or center, as of a matter or situation. In geek’dom – a moderately successful 1994 Star Trek movie that saw one 700 year old guy named Soran (wonder if they’d been reading Tolkien) not only take on […]
Determine Budget Process
March 13, 2009 by tapuniversity
Determine Budget is one of the 42 project management processes described in the fourth edition PMBOK®. It’s one of the three Cost knowledge area processes, and one of the twenty Planning processes. The purpose of this process is to add up the estimated costs of the project activities in order to create the budget. These […]
Estimate Costs Process
March 12, 2009 by tapuniversity
Estimate Costs is one of the 42 project management processes described in the fourth edition PMBOK®. It’s one of the three Cost knowledge area processes, and one of the twenty Planning processes. The purpose of this process is to estimate how much money will be needed for the project activities. Although the purpose is straightforward, […]
Reserve Analysis
February 11, 2009 by tapuniversity
Several processes found in the PMBOK® list Reserve Analysis as a technique. It is also referred to as a “contingency reserve” or “buffer.” The concept is quite simple—we know to expect the unexpected, so we plan for it. Applicable to both time and cost, it is the technique of adding some extra time to complete […]
PMP Exam – Cost Estimating Tools and Techniques
February 4, 2009 by tapuniversity
So, how much is all this going to cost me? Project Managers must routinely obtain estimates of project and activity costs. The Cost Estimating process (a process in the PMBOK®’s cost knowledge area and planning process group) deals with the task of obtaining reliable estimates for project costs. The Cost Estimating process has three tools […]
Self Paced – Online ACP, CBAP, LSS or PMP – $99.00
Feedback!
Live Feed
TAPUniversity 
September 14, 2010 by Dave Kohrell
4