Estimate cost

Inputs
  • Enterprise environmental factors
  • Organizational process assets
  • Project scope statement
  • Work breakdown structure
  • WBS Dictionary
  • Project management plan
Tools and Techniques
  • Analogous estimating
  • Determine resource cost rates
  • Bottom-up  estimating
  • Parametric estimating
  • Project management software
  • Vendoe bid analysis
  • Reserve analysis
  • Cost of quality
Outputs
  • Activity cost estimates
  • Activity cost estimate supporting detail
  • Requested changes
  • Cost management plan (updates)