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Project Schedule & Cost Management (Project Schedule (5 main processes…

- - - - Actual amount if time worked on an activities.
    - - Identifying the specific actions that will produce the project deliverables in enough detail todetermine resource and schedule.
    - - Tools and techniques in schedule development:
        
        Critical Path Analysis
        
        Critical Chain Scheduling
        
        A Gantt Chart
        
        PERT
    - - Control thresholds
      - Rules of performance measurement
      - Level of accuracy and units of measure
      - Project schedule model development
      - Reporting formats
      - Process description.
  - - - Identifies objective of theproject, what activities willbe performed.
    - - Master schedule that identifies important datesand activities.
- - - - developing an approximation of the monetary resources
    - - aggregating the estimated costs of individual activities or work packages to establish an authorized cost baseline
    - - monitoring the status of the project to update the project costs and managing changes to the cost baseline.