Back To Course
Intro to Business: Help and Review32 chapters | 518 lessons | 2 flashcard sets
Project Cost Management: Planning & Estimation
1. What indicates the accuracy of a cost estimate?
2. During the preliminary stages of a project, which type of estimate is generally done?
Create your account to access this entire worksheet
A
Premium
account gives you access to all lesson, practice exams, quizzes & worksheets
Access to all video lessons
Quizzes, practice exams & worksheets
Certificate of Completion
Access to instructors
Create an account to get started
Create Account
About This Quiz & Worksheet
Project cost management is an important part of business planning. The object of this assessment is to determine how well you understand the components and uses of project cost management.
Quiz & Worksheet Goals
This assessment will measure your knowledge of:
- The definition of project cost management
- The accuracy of cost estimation
- Estimations and preliminary stages of projects
- What project cost management can provide
- Differences between budget and cost baseline
Skills Practiced
Some of the skills that this assessment tests include:
- Defining key concepts - ensure that you can accurately define main phrases, such as project cost management
- Distinguishing differences - compare and contrast topics from the lesson, such as budget and cost baseline
- Information recall - access the knowledge you've gained regarding project cost management and estimation
Additional Learning
Improve your understanding of project cost management by studying the lesson Project Cost Management: Planning & Estimation. With this lesson you will review:
- Examples of cost estimating
- How to understand variance of estimations
- Examples of cost management planning
- What cost baselines represent
You are viewing lesson
Lesson
11 in chapter 9 of the course:
- Principles of Organizational Management 8:18
- Organizational Design and Structure 7:43
- Types of Traditional Organizational Designs: Simple, Functional & Divisional Designs 7:46
- Types of Contemporary Organizational Designs: Matrix, Team & Network Designs 8:41
- Five Principles of Total Quality Management (TQM) 7:23
- What is Time Management? - Definition, Examples & Studies 3:54
- Middle Management: Definition, Roles & Responsibilities 4:54
- Day-To-Day Operations of a Business: Definition & Explanation 3:46
- Democratic Socialism: Definition, Pros & Cons 5:51
- Philip Crosby and TQM: Philosophy & Concept
- Project Cost Management: Planning & Estimation 6:10
-
6:15
Next Lesson
Project Cost Management Techniques
- What is Project Cost Management? - Definition & Importance 4:47
- Basic Project Management: Concepts, Skills & Tools
- Ice Breakers for Virtual Teams
- Time Management Activities for Adults
- Time Management Activities for College Students 5:00
- Time Management Activities for High School Students 4:24
- Time Management Activities for Kids
- Time Management Group Activities 4:53
- The Situational Leader 3:36
- Bureaucracy: Max Weber's Theory of Impersonal Management 5:00
- Henri Fayol's Management Principles: Managing Departmental Task Organization 7:42
- Fayol's Theories on Staff Management and Worker Satisfaction 7:24
- Mechanistic & Organic Organizational Business Structures 7:03
- Work Specialization in Organizations 5:10
- Authority in Centralized & Decentralized Organizations 4:59
- Characteristics of Informal Organizations: The Grapevine & Informal Groups 5:52
- Reengineering Jobs for Continuous Improvement 5:12
- Implementing Total Quality Management (TQM) in an Organization 6:22
- Organizational Culture and Change 8:52
- What Is Organizational Structure of Management? - Types & Examples 2:44
- Go to Organizational Management: Help and Review
Explore our library of over 75,000 lessons
Browse by subject
