PMP Exam_Cost Aggregation Defined

PMP Exam_Cost Aggregation Defined - for the cash flow of...

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Cost Budgeting Tools and Techniques Cost aggregation Funding Limit Reconciliation Customer/sponsor will set limits on disbursement of funds for the project. Funding Limit Reconciliation will necessitate the scheduling of work to be adjusted to smooth or regulate those expenditures. It is accomplished by placing imposed date constraints for some work packages and compressing the schedule to reduce the estimated cost of the project. Conciliation happens
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Unformatted text preview: for the cash flow of the project and with any cost constraint of the project. Cost baseline (output) – The cost baseline is a time-phased budget that will be used to measure and monitor cost performance on the project. It is shown as an S curve. The difference between maximum funding and the end of the cost baseline is Management Reserve in the S curve....
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