Friday, July 19, 2019
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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 and Cost Performance Index

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...
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...
to complete performance index TCPI infographic

To Complete Performance Index (TCPI)

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 to Complete (ETC) Definition & Examples infographic

Estimate to Complete (ETC) Definition & Examples

Project managers often wonder how much money they will spend to complete the remaining project works. If the remaining direct costs and indirect costs of the works are more than planned,...
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,...
Cost Estimation in Project Management infographic

Cost Estimation in Project Management – A Short Guide

If you want to deliver your project successfully, you need to estimate the project budget correctly and receive the funds. While creating a project budget, you need to consider delivering the...