TCM framework

Total Cost Management (TCM) framework , an integrated approach to portfolio, program and project management by AACE International explained through mind maps

Strategic asset management

• Strategic asset management
• Requirements elicitation and analysis
• Asset planning
• Investment decision making
• Project implementation
• Asset cost accounting
• Asset performance measurement
• Asset performance assessment
• Asset change management
• Asset historical database management
• Forensic performance assessment

Project Control

• Project scope and execution strategy development
• Schedule planning and development
• Cost estimating and budgeting
• Resource planning
• Value analysis and engineering
• Risk management
• Procurement planning
• Project control plan implementation
• Project cost accounting
• Progress and performance measurement
• Project performance assessment
• Forecasting
• Change management
• Project historical database management

Enabling Processes

• The enterprise in society
• People and performance management
• Information management
• Quality and quality management
• Value management and value improving practices
• Environment, health and safety management