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7.1 Estimate Costs
Inputs
1. Scope baseline
2. Project schedule
3. Human resource plan
4. Risk register
5. Enterprise environmental factors
6. Organizational process assets
 
Tools & Techniques
1. Expert judgment
2. Analogous estimating
3. Parametric estimating
4. Bottom-up estimating
5. Three-point estimates
6. Reserve analysis
7. Cost of quality
8. Project management estimating software
9. Vendor bid analysis
 
Outputs
1. Activity cost estimates
2. Basis of estimates
3. Project document updates
 
Process Group:Planning
Knowledge Area:7. Cost
PMBOK Page:168
Back to Process List
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