Lesson 3
3d Project Cost

You are on page 4 of 5 pages

Project Cost Plan:

The project cost plan shows the accumulated cost of all work, tools, and material we need or consume with the project, with reference to the time line of the project.

Basis of our calculation of project cost is the Gantt chart, the estimated effort in terms of work and tools of each work package, and the estimated amount of material.

Let us pick up the example we used in 3c More Scheduling.

Here is the table with estimated effort per work package.

Now we can develop the project cost plan. For each time unit we add the cost accrued in this time unit, and thus, obtain the accumulated project cost plan.

compare project performance over time

This concludes planning the accumulated project cost.

Return from 3d Project Cost to Home Page

Your Comments

Have your say about what you just read! Leave me a comment in the box below.
Enjoy this page? Please pay it forward. Here's how...

Would you prefer to share this page with others by linking to it?

  1. Click on the HTML link code below.
  2. Copy and paste it, adding a note of your own, into your blog, a Web page, forums, a blog comment, your Facebook account, or anywhere that someone would find this page valuable.