cost management What to do if the Project Team cannot meet the Project Deadline? 2 years ago https://youtu.be/5LUJlEASUDQ So let's say your Project Team tells you that they cannot meet the project deadline. You already know that… Is Project Budget and Cost Baseline the same? 6 years ago https://youtu.be/fP6_SBhmMFY Short answer - No! But don't forget to watch the video and understand the different terms. One more tip… Value Analysis – Bringing the Cost down without reducing the Project Scope 6 years ago https://youtu.be/mSkVsslcZKw Value Analysis is a term that is often used in Value Engineering. Value Engineering is defined as, The modification… Cost Management – Practice Questions 6 years ago https://youtu.be/P6lXfCXGI3c Q1: If EV is $550, AC is $650 and PV is $600, what would be the CV?A. 50B. -50C.… Control Costs Process 6 years ago https://youtu.be/UqGrhVjudl0 What's better than studying a topic only to realize you already know it! That's exactly what you'll feel like… I don’t do Cost Management on my Projects 6 years ago https://youtu.be/ObjoW4OF-Tw What if you don't do Cost Management on your projects at all? Sure Cost Management is a Knowledge Area… Activity Cost Estimates and Basis of Estimates 6 years ago https://youtu.be/t6A8eaBzFpY The outputs of the Estimate Costs Process are Activity Cost Estimates and Basis of Estimates. Ofcourse to reach to… Lifecycle Costing and Depreciation 6 years ago https://youtu.be/GWSdJOlkWaA We have previously discussed several concepts related to Project Selection (listed here) and Lifecycle Costing and Depreciation are two… Where does the money for Change Requests come from? 6 years ago https://youtu.be/Tg96Y6oHdVk You have a project budget in place. And then comes the Change Request. Who pays for it? Does the… Estimate Costs Process 6 years ago https://youtu.be/q_99Fmkl4Yw Estimate Costs process is exactly what you can think of when you read 'Estimate Costs'! This is the second… Next»