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PROJECT SCHEDULE & COST MANAGEMENT - Coggle Diagram
PROJECT SCHEDULE & COST MANAGEMENT
PROJECT SCHEDULE
DEFINITION
PROJECT SCOPE
Identifies objective of the project,
what activities will be performed.
SCOPE DOCUMENT
Master schedule that identifies
important dates and activities.
IMPORTANT OF PS
to estimate what resources are needed.
offers a guide as to how the projects will progress.
compare planned and actual project completion times without taking into account the approved changes in the project.
MAIN PROCESSES IN PROJECT TIME MANAGEMENT
planning schedule
project schedule model development
reporting formats
defining activities
identifying the specific actions
sequencing activities
estimating activities
actual amount if time worked on activites
developing the schedule
tool and technique in schedule development
ghantt chart
critical path analysis
critical chain scheduling
PERT
controling the schedule
data analysis
PROJECT COST MANAGEMENT
WHAT IS COST?
resource scarified or foregone
to achieve a specific objective
PROJECT COST MANAGEMENT
prepare
project schedule and budget
executing and monitoring and controlling processes to measure progress
processes
estimate cost
determine budget
tools and teachniques
monitoring & controlling group
control cost
COST MANAGEMENT PROCESS
estimate costs
determine budget
control costs
BASIC PRINCIPLES
profits
cash flow analysis
tangible and intangible
direct and indirect
suck cost
learning curve theory
reserves