In this chapter, we will be reviewing a lot of information on cost estimating and how including quality management and risk into your estimates will provide you with a comprehensive, time-phased budgetary baseline. We will also cover tracking the performance of costs and schedules, using the earned-value technique and the formulas that can be used to discover variances from your baselines. Then, we will review risk management and how to identify and manage risks by creating a risk register. We will then review how discovering the price tags of potential risks can help you make better project decisions. Lastly, we will review several response categories for managing risk events on your projects.
This chapter will cover the following topics:
- Estimating costs
- Quality management and the cost of quality
- Quality gates and governance gates
- Creating...
