Project Management

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What other questions would you ask when Studying Project Cost Management?

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George Lewis Program/Project Manager| DXC Technology Company Heredia, Costa Rica
Please append you suggested question, one that will help someone studying this knowledge area think a bit more on the topic.

1.What’s the difference between Cost and Budget?
2.What’s the difference between Estimate Cost and Determine Budget?
3.What’s the difference between Cost Management Plan and Project Management Plan?
4.What’s the difference between Parametric Estimating and Analogous Estimating?
5.What’s the cost baseline and what other baselines there are?
6.What relation does the Activity Cost Estimates in Cost Management with the Estimate Activity Duration in Schedule Management?

7.Append your Question here
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George Lewis Program/Project Manager| DXC Technology Company Heredia, Costa Rica
Append your Question here...
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George Lewis Program/Project Manager| DXC Technology Company Heredia, Costa Rica
Comments?
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Thomas Walenta Global Project Economy Expert Hackenheim, Germany
What is the difference in the usage of work effort (Person Days) and of monetary budget (Euro). Is there a reason to use both in a project?
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1 reply by George Lewis
Jun 29, 2016 10:00 AM
George Lewis
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Thomas great questions...
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Thomas Walenta Global Project Economy Expert Hackenheim, Germany
What artifacts from project time management do you need in project cost management?
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Stéphane Parent Self Employed / Semi-retired| Leader Maker Prince Edward Island, Canada
What is a better payback period or ROI?
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1 reply by George Lewis
Jun 29, 2016 10:05 AM
George Lewis
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Stephane - This is a good one too...

I'm taking notes... as I mention, I rather you add them to the Blog for credits... My students will be looking at these cost management questions/suggestions during the year.

http://www.projectmanagement.com/blog-post...Cost-Management
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Stéphane Parent Self Employed / Semi-retired| Leader Maker Prince Edward Island, Canada
Does the project have to worry about cash flow?
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1 reply by George Lewis
Jun 29, 2016 10:03 AM
George Lewis
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Stephane - this is a really good one...

I'll add it to Blog, -you may add it yourself if you wish- but it's just a great question...
http://www.projectmanagement.com/blog-post...Cost-Management
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George Lewis Program/Project Manager| DXC Technology Company Heredia, Costa Rica
Jun 28, 2016 1:12 PM
Replying to Thomas Walenta
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What is the difference in the usage of work effort (Person Days) and of monetary budget (Euro). Is there a reason to use both in a project?
Thomas great questions...
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George Lewis Program/Project Manager| DXC Technology Company Heredia, Costa Rica
Jun 28, 2016 2:26 PM
Replying to Stéphane Parent
...
Does the project have to worry about cash flow?
Stephane - this is a really good one...

I'll add it to Blog, -you may add it yourself if you wish- but it's just a great question...
http://www.projectmanagement.com/blog-post...Cost-Management
...
1 reply by Stéphane Parent
Jun 29, 2016 10:22 AM
Stéphane Parent
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Done, George.
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George Lewis Program/Project Manager| DXC Technology Company Heredia, Costa Rica
Jun 28, 2016 2:26 PM
Replying to Stéphane Parent
...
What is a better payback period or ROI?
Stephane - This is a good one too...

I'm taking notes... as I mention, I rather you add them to the Blog for credits... My students will be looking at these cost management questions/suggestions during the year.

http://www.projectmanagement.com/blog-post...Cost-Management
...
1 reply by Stéphane Parent
Jun 29, 2016 10:22 AM
Stéphane Parent
...
Also added.
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Stéphane Parent Self Employed / Semi-retired| Leader Maker Prince Edward Island, Canada
Jun 29, 2016 10:03 AM
Replying to George Lewis
...
Stephane - this is a really good one...

I'll add it to Blog, -you may add it yourself if you wish- but it's just a great question...
http://www.projectmanagement.com/blog-post...Cost-Management
Done, George.
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