PMP Certification Training - Plan Cost Management

PMP Certification Training - Plan Cost Management

Assessment

Interactive Video

Information Technology (IT), Architecture, Business

University

Hard

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The video tutorial covers the planned cost management process, detailing how project costs are estimated, budgeted, managed, monitored, and controlled. It highlights the importance of the cost management plan, which includes units of measure, levels of accuracy, and variance thresholds. The tutorial discusses inputs such as expertise from cost estimators and planning meetings, tools and techniques like expert judgment and analytical techniques, and outputs including the cost management plan. It emphasizes referencing the project charter and management plan, and the role of organizational process assets and enterprise environmental factors.

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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