Project cost management

Project cost management comprises of planning, estimating, budgeting and controlling of project costs.

1. Plan cost management 
   1. Cost management plan
2. Estimate costs 
   1. Expert judgment
   2. Analogous estimation
   3. Parametric estimation
   4. Bottom up estimation
   5. Three point estimation
3. Determine budget 
   1. Cost aggregation
   2. Historical information
   3. Funding limit renciliation
   4. Cost baseline
   5. Project funding requirements
4. Control costs 
   1. To complete performance index (TCPI)