Cost Management – proper cost planning pg. 51 book,”Parametric Modeling – a mathematical model that uses parameters, or project characteristics, to forecast project costs.Bottom-up Estimating – The process of estimating and adding together every project work item in order to project total project cost.Analogous – the technique used to determine the duration of an activity by comparing it to a similar

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Project management chart pg.35,”Is a tool that is often used to manage either a complete project or WBS segments individually.Bar/Gant – used to manage projects in relation to units of time.Milestone – events, linear time scale assume, Network – activity or task dependencies (not normally shown on milestone), more complex than gant/milestone, allows calculation of important information (critical path, slack time

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