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Cost Management – Document Index
Why This Folder Matters
Welcome to the financial control center of Project PASS PMP.
This folder doesn’t just “track the budget” — it shows how professional project managers estimate, lock, report, and govern every dollar of a project. It’s designed to teach PMP candidates, new contributors, and project teams how PMI-based cost management works — not just in theory, but in clickable, usable files.
📌 Use this folder to understand the entire flow of project cost control: Estimate → Baseline → Fund → Track → Adjust → Report → Learn
Core Documents & Teaching Summaries
📄 Cost Management Plan
Start here. This document explains the entire system — how cost estimates are created, how the budget is approved and locked, how changes are controlled, and how performance is tracked. It’s your policy, playbook, and user guide in one:contentReference[oaicite:0]{index=0}.
📄 Cost Estimates
Explore the breakdown of hours, effort, and costs by task or workstream. Learn how bottom-up estimating connects deliverables to dollars. All calculations feed the baseline:contentReference[oaicite:1]{index=1}.
📄 Cost Baseline
This is the locked, approved budget. It’s time-phased and tracked. Every cost performance report and change log references this file as the foundation for cost control:contentReference[oaicite:2]{index=2}.
📄 Funding Requirements
Not all funds are released at once. This file shows when money is needed across milestones and phases. It teaches financial pacing and resource timing in Agile and predictive projects:contentReference[oaicite:3]{index=3}.
📊 Reporting & Control Artifacts
📄 Cost Performance Report
Learn how Earned Value Management (EVM) works in real life. See how CPI, CV, and EAC are calculated and interpreted. This report helps teams and learners assess budget health over time:contentReference[oaicite:4]{index=4}.
📄 Cost Change Log
This is your cost governance ledger. Every approved change — its reason, dollar impact, and CR ID — is logged here. Great for audits and reinforcing discipline in cost control:contentReference[oaicite:5]{index=5}.
Supporting Educational Tools
📄 Budget Audit Checklist
Before you close a project or pass a phase gate, this checklist ensures you’ve validated everything: estimates, approvals, reports, change records, and baseline compliance.
📄 Cost Performance Trend Chart
This file shows how your budget is behaving over time. Track changes to CPI, EAC, and CV across reporting cycles. Visual trend spotting made simple.
📄 Cost Metrics Glossary
Short, exam-ready definitions of CPI, CV, EAC, BAC, and more — in plain English. Links to where each metric appears in reports, plans, or performance dashboards.
Suggested Reading Path
- Start with the Cost Management Plan
- Read through Estimates → Baseline → Funding
- Then explore Reporting + Change Control
- Finish with the Glossary + Trend Chart + Audit Checklist