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CAPM · Question #350

Which of the following is used as input to prepare a cost management plan?

The correct answer is D. Project management plan. The primary inputs to the Plan Cost Management process (per PMBOK 6) are: the Project Charter, the Project Management Plan (including the schedule management plan and risk management plan), enterprise environmental factors, and organizational process assets. The Project…

Predictive, Plan-Based Methodologies

Question

Which of the following is used as input to prepare a cost management plan?

Options

  • AExpert judgment
  • BLessons learned
  • CCost estimation
  • DProject management plan

How the community answered

(25 responses)
  • B
    4% (1)
  • C
    4% (1)
  • D
    92% (23)

Explanation

The primary inputs to the Plan Cost Management process (per PMBOK 6) are: the Project Charter, the Project Management Plan (including the schedule management plan and risk management plan), enterprise environmental factors, and organizational process assets. The Project Management Plan is the key documented input because it provides the already-planned schedule and risk context that directly shapes how costs will be managed. Expert judgment (A) is a tool and technique, not an input. Cost estimation (C) is an output of the Estimate Costs process. Lessons learned (B) may be referenced as an OPA, but the Project Management Plan is the defining input.

Topics

#Cost Management#Project Planning#PMBOK Processes#Inputs

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