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    Week 1 - Project Cost Analysis - Introduction

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    Week 1 - Project Cost Analysis - Introduction

    Uploaded by

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    Copyright:

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    1 views9 pages

    Week 1 - Project Cost Analysis - Introduction

    Uploaded by

    a62220805

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    You are on page 1of 9

    Project Cost Analysis

    introduction
    Dr. Hisham Ali Sayed

    1
    Students
    • Name
    • Dream Organization
    • Dream Job title
    • Dream Qualification
    • Experience
    • Course relevance to dream job
    • Background on course subject
    • Expectation from the course

    2
    Introduction to Construction Cost
    Management

    3
    Project Management’s 10 Areas of Knowledge
    • Project Integration Management
    • Project Scope Management
    • Project Schedule Management
    • Project Cost Management
    • Project Quality Management
    • Project Resource Management
    • Project Communications Management
    • Project Risk Management
    • Project Procurement Management
    • Project Stakeholders Management

    4
    Knowledge Areas Knowledge
    Areas
    04 Proejct Integration
    Initiating Planning
    4.1 Develop 4.2 Develop Project Management Plan
    Executing
    4.3 Direct and Manage
    Monitoring &
    Controlling
    4.5 Monitor and Control
    Closing
    4.7 Close

    against Project Life


    Management Project Project work Project Work Project or
    Charter 4.4 Manage Project 4.6 Peform Integrated Phase
    Knowledge Change Control
    05 Proejct Scope 5.1 Plan Scope Management 5.5 Validate Scope

    cycle Management 5.2 Collect Requirements 5.6 Control Scope


    5.3 Define Scope
    5.4 Create WBS
    06 Project Schedule 6.1 Plan Schedule Management 6.6 Control Schedule
    Management 6.2 Define Activities
    6.3 Sequence Activities
    6.4 Estimate Activity Durations
    6.5 Develop Schedule
    07 Proejct Cost 7.1 Plan Cost Management 7.4 Control Costs
    Management 7.2 Estimate Costs
    7.3 Determine Budget

    08 Proejct Quality 8.1 Plan Quality Management 8.2 Manage Quality 8.3 Control Quality
    Management
    9.1 Plan Resource Management 9.3 Acquire Resrouces 9.6 Control Resources
    9.2 Estimate Activity Resources 9.4 Develop Team
    09 Proejct Resource
    Management

    9.5 Manage Team


    10.1 Idetify 10.1 Plan Communications Management 10.2 Manage 10.3 Control
    10 Proejct Communication Stakeholders Communications Communications
    Management
    11.1 Plan Risk Management 11.6 Implement Risk 117 Monitor Risks
    11.2 Identify Risks Responses
    11 Proejct Risk
    Management

    11.3 Perform Qualitative Risk Analysis


    11.4 Perform Quantitative Risk Analysis
    11.5 Plan Risk Responses
    12 Proejct Procurement 12.1 Plan Procurement Management 12.2 Conduct Procurements 12.3 Control
    Procurements
    Management
    13.1 Idetify 13.2 Plan Stakeholders Engagement 13.3 Manage Stakeholders 13.4 Control
    13 Proejct Stakeholders
    Management
    Stakeholders Engagement Stakeholders 5
    Engagement
    Projects
    Project: A temporary endeavor undertaken to create a unique product,
    service, or result.

    Service or Capability
    Product
    to perform a service
    temporary undertaken to
    endeavor create a unique
    Result (Document ,
    Combination Outcome , ..)

    6
    Project Management
    Project management is the application of knowledge, skills, tools, and
    techniques to project activities to meet the project requirements.

    Effective and efficient project management should be considered a


    strategic competency within organizations. It enables organizations to:
    • Tie project results to business goals,
    • Compete more effectively in their markets,
    • Sustain the organization, and
    • Respond to the impact of business environment changes
    7
    Project Cost management
    Project Cost Management includes the processes involved in planning,
    estimating, budgeting, financing, funding, managing, and controlling
    costs so that the project can be completed within the approved budget.

    8
    Do We Plan for Cost?
    Cost Management Plan:
    A component of a
    project or program
    management plan that
    describes how costs will
    be planned, structured,
    and controlled.

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