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PMP: Cost Management : Determine Budget Input

Determine Budget Input

Determine Budget Input
Cost Management Plan
Scope Baseline
Activity Cost Estimates
Basis of Estimates
Project Schedule
Resource Calendars
Risk Register
Contract Agreements
Organizational Process Assets

List of Determine Budget Input

• Cost Management Plan

• Scope Baseline

• Activity Cost Estimates

• Basis of Estimates

• Project Schedule

• Resource Calendars

• Risk Register

• Contract Agreements

• Organizational Process Assets

Click here to Practice 3000+ PMP Question online from GICGAC.com: Covers PMBOK5, Covers Scope Management to Stakeholder Management: All 9 Management Area

Which point describes Cost estimates on every activity within a work package are aggregated to obtain a cost estimate for every work package?

• a) Cost Management Plan

• b) Scope Baseline

• c) Activity Cost Estimates

• c) Basis of Estimates

Answer: Activity Cost Estimates

Why the resource calendar is used to determine the budget?

Resource calendars provide information on which resources are assigned to the project and when they are assigned.