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Project Cost Management - Processes
Describe the Inputs, Tools and Techniques , Outputs included in the Cost Estimating ?5
Q: Project Cost Management - Processes Describe the Inputs, Tools and Techniques , Outputs included in the Cost Estimating ?
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Explanation :
I. Inputs Enterprise environmental factors Organizational process assets Project scope statement Work breakdown structure WBS dictionary Project management plan - Schedule management plan - Staffing management plan - Risk register II. Tools and Techniques Analogous estimating Determine resource cost rates Bottom-up estimating Parametric estimating Project management software Vendor bid analysis Reserve analysis Cost of quality III. Outputs Activity cost estimates Activity cost estimate supporting detail Requested changes Cost management plan (updates)



