上浒充通大学 SHANGHAI JIAO TONG UNIVERSITY Project Management Dr.HU Hao 六漏 School of Naval Architecture Ocean and Civil Engineering Shanghai Jiao Tong University 2012
Project Management Dr. HU Hao School of Naval Architecture Ocean and Civil Engineering Shanghai Jiao Tong University 2012
上游充通大学 SHANGHAI JLAO TONG UNIVERSITY Part 2 PROJECT PLANNING AND CONTROL Chapter 9 Cost Planning and Performance
Part 2 PROJECT PLANNING AND CONTROL Chapter 9 Cost Planning and Performance
上游充通大粤 SHANGHAI JIAO TONG UNIVERSITY Learning Objectives Items to be considered when estimating cost Preparing a baseline budget Cumulating actual costs Determining the earned value of work performed Analyzing cost performance Forecasting project cost at completion Controlling project costs ④Managing cash flow
Learning Objectives Items to be considered when estimating cost Preparing a baseline budget Cumulating actual costs Determining the earned value of work performed Analyzing cost performance Forecasting project cost at completion Controlling project costs Managing cash flow
上游充通大粤 Project Cost Estimates SHANGHAI JIAO TONG UNIVERSITY Cost planning starts with the proposal. The cost section may include elements as the following: ·Labor ·Materials ● Subcontractors and consultants (if used) Equipment and facilities rental Travel ·Contingencies Cost estimates should be aggressive yet realistic
Project Cost Estimates Cost planning starts with the proposal. The cost section may include elements as the following: • Labor • Materials • Subcontractors and consultants (if used) • Equipment and facilities rental • Travel • Contingencies Cost estimates should be aggressive yet realistic
上游充通大粤 SHANGHAI JLAO TONG UNIVERSITY Project Budgeting Two steps: First,the project cost estimate is allocated to the various work packages in the project work breakdown structure. Second,the budget for each work package is distributed over the duration of the work package
Project Budgeting Two steps: First, the project cost estimate is allocated to the various work packages in the project work breakdown structure. Second, the budget for each work package is distributed over the duration of the work package