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SAB2#69 Determinate_budget

Example:
1. $2423
  1. $68
    1. $2355
      1. $105
        $2250
        CA1 $1850
        WP1 $100
        A1 $25
        A2 $25
        A3 $25
        A4 $25
        WP2 $250
        A5 $45
        WP3 $500
        CA2 $400
        WP4 $175
Cost AgregationProcess Steps:
1. 8. Cost Budget
  1. 7. Management Reserve
    1. 6. Cost Baseline
      1. 5. Contingecy Reserve
        4. Project Estimates
        3. Control Account Estimates
        2. Work Packages Estimates
        1. Activity Estimates
Inputs
1. Cost Management Plan
2. Scope Baseline
3. Project Schedule
4. Risk register
5. Organizational Process Assets
6. Cost Estimates
7. Basis of Estimates
8. Availavility of Resources
9. Agreements about costs associated with purchases
Budget Determination Process:
1. 1. Determine risk management activities Including Contingency and Management Reserves
  1. 2.Determine Baseline adding reserves plus acitvities cost
    1. 3. Compare these numbers to parametric estimates to justify differences
      1. 4. Check Cash Flow
        5. Recontilation with charter constrains
        6. if project costs exceeds constrains propose alternatives to management
        7. Update changes on budget when required
Cost budget is cost baseline plus magement reserve. Cost budget is how much money is availbale for project

SAB2#69 Determinate_budget

	Created by Gerardo Rodríguez over 10 years ago