developing an approximation of the costs of the resources needed to complete project activities.

completion and settlement of the contract, including resolution of any open items.

determining what resources (people, equipment, materials) and what quantities of each should be used to perform project activities.

documenting product requirements and identifying potential sources.

accepting the consequences

determining the information and communications needs of the stakeholders: who needs what information, when will they need it, and how will it be given to them.

analyzing activity sequences, activity durations, and resource requirements to create the project schedule.

seen as being composed of activities

includes the processes required to ensure that the project is completed within the approved budget.

subdividing the major project deliverables into smaller, more manageable components.

allocating the overall cost estimate to individual work items.

the features and functions that are to be included in a product or service.

monitoring specific project results to determine if they comply with relevant quality standards and identifying ways to eliminate causes of unsatisfactory performance.

are seen as being composed of tasks.

identifying which quality standards are relevant to the project and determining how to satisfy them.

estimating the number of work periods which will be needed to complete individual activities.

process of ensuring that the seller’s performance meets contractual requirements.

the work that must be done in order to deliver a product with the specified features and functions.

responding to changes in risk over the course of the project.

includes the processes required to ensure that the project will satisfy the needs for which it was undertaken.

This broader view of project cost management is often called

controlling changes to project scope.

Committing the organization to begin the next phase of the project.

determining what to procure and when.

developing a written scope statement as the basis for future project decisions.

evaluating overall project performance on a regular basis to provide confidence that the project will satisfy the relevant quality standards.

includes the processes required to make the most effective use of the people involved with the project.

choosing from among potential sellers.

includes the processes required to ensure timely and appropriate generation, collection, dissemination, storage, and ultimate disposition of project information.

obtaining quotations, bids, offers, or proposals as appropriate.

Includes the processes required to ensure timely completion of the project.

reducing the expected monetary value of a risk event by reducing the probability of occurrence

defining enhancement steps for opportunities and responses to threats.

making needed information available to project stakeholders in a timely manner.

identifying, documenting, and assigning project roles, responsibilities, and reporting relationships.

includes the processes required to acquire goods and services from outside the performing organization.

collecting and disseminating performance information. This includes status reporting, progress measurement, and forecasting.

controlling changes to the project budget.

controlling changes to the project schedule.

getting the human resources needed assigned to and working on the project.

includes the processes concerned with identifying, analyzing, and responding to project risk.

generating, gathering, and disseminating information to formalize phase or project completion.

Identifying and documenting interactivity dependencies.

evaluating risks and risk interactions to assess the range of possible project outcomes.

Includes the processes required to ensure that the project includes all the work required, and only the work required, to complete the project successfully.

eliminating a specific threat, usually by eliminating the cause.

managing the relationship with the seller.

determining which risks are likely to affect the project and documenting the characteristics of each.

identifying the specific activities that must be performed to produce the various project deliverables.

developing individual and group skills to enhance project performance.