Cost baseline-cost baseline is not an output of the cost control process. cost baseline is anoutput of the cost budgeting process and an input to the cost control process.outputs of cost control include cost estimate updates, cost baseline updates,performance measurements, forecasted completion, requested changes,recommended corrective actions, organizational process asset updates(specifically lessons learned), and project management plan updates. the costbaseline of a project is the sum of cost estimates over a time period. this baselineis usually displayed with the help of an s-curve, which plots cumulative costs onthe y-axis against time on the xaxis.the cost baseline is used to measure and monitor the project cost performance.budget updates are updates to the cost baseline that are an output of thecost control process.revised cost estimates are an output of the cost control process and referto the modifications to cost-related information on the project.estimate at completion (eac) is an output of the cost control process andrefers to a forecast of expected total project costs based on project performanceto date and an evaluation of expected future project performance.
Answer Anonymously
Copy Link
