Term
| What is the purpose of the Cost Management Plan? |
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Definition
| To determine how project costs will be estimated, budgeted, managed, monitored, and controlled |
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Term
| What are the inputs for the 1st process in Project Cost management? |
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Definition
1. Project Charter
2. PMP
3. EEFs
4. OPAs |
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Term
| What are the tools and techniques for the 1st process in Project Cost Management? |
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Definition
1. Expertise
2. Data Analysis
3. Meetings |
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Term
| What is the output for the 1st process in Project Cost Management? Describe two attributes. |
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Definition
1. Cost Management Plan.
UOM
Level of Precision (rounding)
Level of Accuracy (Acceptable Range) |
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