Description
It is the process of combining the individual costs of each task in a project to come up with the aggregated cost baseline. It is used in the Planning Process Group and in the Cost Mgmt Knowledge Area.
Process Group
This activity is done in the following Process Group(s) during the project management.
Planning
Knowledge Area
This activity is done in the following Knowledge Areas during project management.
Project Cost Mgmt.
Tool
This activity is performed by using the following project management tools and techniques by the project manager and the team.
Tool Type | Tool |
Data analysis Tool | Reserve analysis |
Common Tool | Cost aggregation |
Expert judgment | |
Financing | |
Funding limit reconciliation | |
Historical information review |
Input
Performing this project management activity uses the following inputs to be used along with the tools and techniques in order to produce the expected outputs as mentioned below.
Input Type | Input |
Business documents | Benefits management plan |
Business case | |
Agreements | |
Business documents | |
Enterprise environmental factors | |
Organizational process assets | |
Project documents | |
Project management plan | |
Project documents | Basis of estimates |
Cost estimates | |
Project schedule | |
Risk register | |
Project management plan | Cost management plan |
Resource management plan | |
Scope baseline |
Output
This activity in project management results in the following outputs after proving the required inputs and using the appropriate tools or techniques as mentioned above.
Output Type | Output |
Common Output | Cost baseline |
Project funding requirements | |
Project documents updates | Cost estimates |
Project schedule | |
Risk register |
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