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Cost Management

The Cost Management page of the projectcubicle.com includes articles and blog posts for the Project Management Professional ( PMP ) Certification.

Schedule Performance Index Formula and Example - Cost Performance Index Formula and Example

Schedule Performance Index and Cost Performance Index

Schedule Performance Index and Cost Performance Index Schedule Performance Index (SPI) and Cost Performance Index (CPI) allow you to evaluate the performance of a project. They demonstrate the schedule and cost efficiency...
Cost Estimation Methods in Project Management infographic

Cost Estimation Methods in Project Management

Cost Estimation Methods in Project Management Estimate costs process in project management is the practice of estimation of the monetary resources required to complete tasks and project activities. This process uses almost the...
to complete performance index example TCPI infographic

To Complete Performance Index (TCPI) Examples

There are many tools, techniques and formulas used to forecast the cost performance of a project. To Complete Performance Index (TCPI) is another strong forecasting tool of Earned Value Management (EVM). The...
Estimate at Completion (EAC) & Estimate at Completion Examples

Estimate at Completion (EAC) Examples

There are many forecasting tools and metrics used to calculate the future performance of a project. Schedule Variance, Cost Variance, Budget at Completion and Earned value are some of them. Likewise,...
Importance, Advantages and Calculation Steps of Cost Benefit Analysis

Cost Benefit Analysis or Benefit Cost Analysis

Cost Benefit Analysis (also known as Benefit Cost Analysis) is an important concept in project management. Simply put, it is performed to identify how well, or how poorly, a project will...
cost benefit analysis example

Cost Benefit Analysis Example (CBA Example)

Cost Benefit Analysis Example (CBA Example) Cost Benefit Analysis (also known as Benefit Cost Analysis) is a mathematical approach to compare the costs and expected benefits of two or more projects (or...
Direct costs and indirect cost ,Costs Cost Classification cost classification examples infographic

Direct Costs and Indirect Costs , Cost Classification

Cost classification is an important concept in budgeting, accounting and project management. Cost classification and categorization of expenses help project teams to understand what kind of costs will be spent during...