Tuesday, July 16, 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.

Cost Variance (CV) in Earned Value Management infographic

Cost Variance (CV) in Earned Value Management

Cost Variance (CV) in Earned Value Management Performance measurement is an important task in project management. In order to manage and complete a project successfully, project managers need some tools and techniques...
Project Cost Management Best Practices, project cost management processes infographic

Project Cost Management Essentials

Project Cost Management Best Practices What is project cost management, why is it important for your projects success and how to create a project budget? This article discusses the project cost management...
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 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...
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,...
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 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...