...resource requirements to create the project schedule; • resource planning: determining what resources and what quantities of each should be used to perform...allocating the overall cost estimate to individual work items; • project plan development: taking the results of other planning processes and putting them...

...approach and plan for risk management. Determining what resources (people, equipment, materials, etc.) and what quantities of each should be used to perform project activities. Developing an approximation (estimate) of the costs of the resources required to complete project activities....

...to the project schedule. 5. Project Cost Management a. Resource Planning Determining what resources and what quantities of each should be used to perform project activities. b. Cost Estimating Developing an estimate of the costs of the resources required to complete project...