1. ESTIMATE COSTS
   1. Inputs
      1. Scope Baseline
         1. Scope Statement
         2. Work Breakdown Structure
         3. WBS Dictionary
      2. Project Schedule
      3. Human Resource Plan
      4. Risk Register
      5. Enterprise Environmental Factors
      6. Organizational Process Assets
   2. Tools & Techniques
      1. Experts Judgement
         1. expert judgement guided by historical information
      2. Analogous Estimating
         1. uses values of parameters, such as scope, cost, budget, and duration or measures of scale such as size, weight, and complexity from previous or similar project
      3. Parametric Estimating
         1. statistical relationship between historical data and other variables
      4. Bottom-Up Estimating
         1. costs are estimated with the greatest level of specified detail
      5. Three Point Estimating
         1. Most Likely
         2. Optimistic
         3. Pessimistic
      6. Reserve Analysis
         1. may include contingency reserves
      7. Cost of Quality
         1. Assumptions about costs of quality may be used to prepare the activity cost estimate
      8. Project Management Estimating Software
      9. Vendor Bid Analysis
   3. Outputs
      1. Activity Cost Estimates
      2. Basis of Estimates
      3. Project Document Updates
2. DETERMINE BUDGET
   1. Inputs
      1. Activity Cost Estimates
      2. Basis of Estimates
      3. Scope Baseline
         1. Scope Statement
         2. Work Breakdown Structure
         3. WBS Dictionary
      4. Project Schedule
      5. Resource Calendar
      6. Contracts
      7. Organizational Process Assests
   2. Tools & Techniques
      1. Cost Aggregation
      2. Reserve Analysis
      3. Expert Judgement
      4. Historical Relationship
      5. Funding Limit Reconciliation
   3. Outputs
      1. Cost Performance Baseline
      2. Project Funding Requirements
      3. Project Document Updates
         1. Risk Register
         2. Cost Estimates
         3. Project Schedule
3. CONTROL COST
   1. Inputs
      1. Project Management Plan
      2. Project Funding Requirements
      3. Work Performance Information
      4. Organizational Process Assets
         1. Existing Formal/Informal cost control - related policies, procedures, and guidelines
         2. Cost Control Tools
         3. Monitoring and Reporting methods to be used
   2. Tools & Techniques
      1. Earned Value Management
         1. Planned Value
            1. Budget At Completion (BAC)
         2. Earned Value
            1. Percentage completion of a project
         3. Actual Cost
            1. Total Cost Incurred (AC)
         4. Schedule Variance
         5. Cost Variance
         6. Schedule Performance Index
         7. Cost Performance Index
      2. Forecasting
         1. EAC forecast for ETC Work performed at the budgeted rate
         2. EAC forecast for ETC work performed at the present CPI
         3. EAC forecast for ETC work considering both SPI and CPI factors
      3. To-Complete Performance Index
      4. Performance Reviews
         1. Variance Analysis
         2. Trend Analysis
         3. Earned Value Performance
      5. Variance Analysis
      6. Project Management Software
   3. Outputs
      1. Work Performance Measurements
      2. Budget Forecasts
      3. Organizational Process Assets Updates
         1. Causes of Variances
         2. Corrective action chosen and the reasons
      4. Change Requests
         1. Preventative/Corrective Actions
      5. Project Management Plan Updates
         1. Cost Performance Baseline
         2. Cost Management Plan
      6. Project Document Updates
         1. Cost Estimates
         2. Basis Of Estimates