Category: pmbok

Project cost management

Project cost management comprises of planning, estimating, budgeting and controlling of project costs. Plan cost management  Cost management plan Estimate … More

Scope management

ll projects start with a vague idea or scope. For example, ‘I need a new house’, and no one has … More

Control schedule

Control schedule  Status updates – Updating the status of the project based on the project execution details. Change management comprises of; … More

Develop schedule

Develop schedule  Schedule network analysis – an iterative process performed until a viable schedule model is arrived at and comprises of; … More

Estimate activity durations

Estimate activity durations  Once the activity sequences are established, the next logical step is to estimate the activity durations. The … More

Sequence activities

Once the activities are identified, the next step is to sequence them based on their dependencies. This step defines the … More

Define activities

Once the schedule management plan is prepared, the next step is to define the activities. When we start the project, … More

Plan schedule management

Plan schedule management  Plan schedule management is the first step in schedule management. Involves creation of a schedule management plan … More