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Project Risk Management Basics: Cost and Schedule Impacts
one project objective (e.g., time, cost, scope, quality – PMI 2004) Consideration: There are one or more active conditions that influence the risk’s probability of occurrence and one or more response conditions that influence
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Cost Estimating Manual for projects
www.wsdot.wa.govThe term "project cost estimate," as used during the project development process, includes all direct capital outlay costs, including right of way, structures, and landscaping, but does not normally include indirect capital outlay support costs. Project cost estimates should be as accurate as possible. Estimates should never be
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