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लागत आकलन

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Hindi Terms PMBOK Planning PG Hindi PMBOK Processes Hindi

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लागत आकलन
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This is the second process of the cost management knowledge area. The process of developing an approximation of the monetary resources needed to complete the project activities. Following activities should be done as a part of this process.

  • The cost of every activity is estimated by adding the cost of all the resources of an activity.
  • Based on the organization policy calculate the cost of overhead, indirect cost, labor cost, material cost, services cost, etc.
  • Document the assumptions, which are the basis of the estimation.
  • Estimate the contingency reserve for the project, each milestone, phase.

We know from our experience that the money which we pay for using resources on our project are paid at a different time sometimes in advance of using resources, other times after using resources, and other times it may be prorated basis. This is another important thing we should keep in mind when we are estimating the resource cost. Although this is part of the next process, Determine Budget, but until we put the resource cost at the right place on the project timeline it will be a wrong approximation when we sum-up the cost for budgeting purposes.

Sometimes project managers need to estimate the cost of capital. So if required estimate also this cost for your project.
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लागत आकलन (प्रक्रिया सारांश)
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This table is based on PMBOK 6th Edition of PMI

Inputs
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Tools & Techniques
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Outputs
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PMBOK 6th Edition Process Summary Table

Dr. Hari Thapliyaal's avatar

Dr. Hari Thapliyaal

Dr. Hari Thapliyal is a seasoned professional and prolific blogger with a multifaceted background that spans the realms of Data Science, Project Management, and Advait-Vedanta Philosophy. Holding a Doctorate in AI/NLP from SSBM (Geneva, Switzerland), Hari has earned Master's degrees in Computers, Business Management, Data Science, and Economics, reflecting his dedication to continuous learning and a diverse skill set. With over three decades of experience in management and leadership, Hari has proven expertise in training, consulting, and coaching within the technology sector. His extensive 16+ years in all phases of software product development are complemented by a decade-long focus on course design, training, coaching, and consulting in Project Management. In the dynamic field of Data Science, Hari stands out with more than three years of hands-on experience in software development, training course development, training, and mentoring professionals. His areas of specialization include Data Science, AI, Computer Vision, NLP, complex machine learning algorithms, statistical modeling, pattern identification, and extraction of valuable insights. Hari's professional journey showcases his diverse experience in planning and executing multiple types of projects. He excels in driving stakeholders to identify and resolve business problems, consistently delivering excellent results. Beyond the professional sphere, Hari finds solace in long meditation, often seeking secluded places or immersing himself in the embrace of nature.

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