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Cost Management

Engagement & Governance Process Steps  Artifacts  Techniques

Process Step Artifacts Techniques
1. Estimate Costs and Determine Budget
2. Build Cost Management Plan
Project Creation Prerequisites
  • Business Vision & Mission
  • Resources-Goal Axis
  • Business Drivers Map
3. Compile and Approve Cost Baseline
Strategic & Marketing Analysis Scope of Work
  • Product & Project Vision
  • Product & Project Road Map
  • Project Scope Statement
  • Project Assumptions & Alternatives
  • Research Types & Methods Review
4. Plan Project Procurements
Strategic & Marketing Analysis Scope of Work
  • Product & Project Vision
  • Product & Project Road Map
  • Project Scope Statement
  • Project Assumptions & Alternatives
  • Research Types & Methods Review
5. Conduct Project Procurements
Financial Analysis Scope of Work
  • Financial Analysis Methods Review
  • Estimation Techniques Review
  • Project Financial Indicators Review
6. Use Earned Value Analysis (EVA/EVM)
Financial Analysis Scope of Work
  • Financial Analysis Methods Review
  • Estimation Techniques Review
  • Project Financial Indicators Review
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Updated on 22.08.2025
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