Control Costs Inputs

The Control Costs process includes the following inputs:

■ Project management plan

■ Project funding requirements

■ Work performance information

■ Organizational process assets

These inputs are examined using the tools and techniques of this process to determine whether revised cost estimates or budget updates are required. One thing you should note regarding the project management plan input is that it includes the cost performance baseline and the cost management plan. You'll use the cost performance baseline to compare actual expenditures to date on the project to the baseline. The cost management plan details how costs should be monitored and controlled throughout the life of the project. I've covered each of these inputs in previous chapters.

Project Management Made Easy

Project Management Made Easy

What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.

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