By : Ahmed ZeinMBA E-BusinessEng_ahmedzein@yahoo.com

Project Cost

Management

Activities : 1. Cost Estimation .

2. Determine Budget .

3. Control Costs .

1500$

1000 $$

Cost Estimation :

2000 $$

3000 $$

50000 $$

Determine Budget:

Cost Baseline :

Cost control :

Cost performance baseline:

Primary Data PointsBudget At Completion (BAC)PV = BAC * % of planned work.EV = BAC * % of Actual workAC is the actual cost

Cost control Example :Problem: A project has a budget of £10M and schedule for 10 months. It is assumed that the total budget will be spent equally each month until the 10th month is reached. After 2 months the project manager finds that only 5% of the work is finished and a total of £1M spent.PV = £2M حسابك عامل

كام عليEV = £10M * 0.05 = £0.5M دلوقتي لحد ايه عملت الفلوسAV = £1M االن حتي كام صرفتCV = EV-AC = 0.5-1 = -0.5M حريص وال مبذر SV = EV-PV = 0.5-2 = -1.5 months ال وال متاخر CPI = EV/AC = 0.5/1 = 0.5 صرف في شطارتك يوضخ كفاءه معامل الفلوسSPI = EV/PV = 0.5/2 = 0.25 استخدام في شاطرتك يوضح كفاءه معامل الوقتEAC = BAC/CPI = 10/0.5 = £20M كام كله يتكلف ده وضعك علي

تخلص عشانETC = (BAC-EV) / CPI = (10-0.5)/0.5 = £19M تخلص و كام يلزمك TTC= (BAC-EV) / SPI= (10-0.5)/0.25 = 38 Months ؟ الوقت و طبThis project will take TOTAL £20M (19+1) and 40 (38+2) Months to complete.