Contract Closure: Inputs Contract Closure

Chapter 6 - Project Time Management Changes

Chapter 6 changes include moving the Resource Planning section into the chapter and renaming it Activity Resource Estimating. Several figures have been deleted e.g., PERT and other figures reworked to clarify the use and meaning e.g., bar or Gantt chart, milestone chart. Another figure has been added to show the difference between a milestone schedule, summary schedule, and detailed schedule. The chapter introduction describes the need for a schedule management plan, a subsidiary component of the project management plan. Subsections have also been added to provide information on project cost estimates, resource leveling, and progress reporting to reflect how these processes influence the project’s schedule. The following table summarizes the Chapter 6 changes: 2000 Edition Sections Third Edition Sections 6.1 Activity Definition 6.1 Activity Definition 6.2 Activity Sequencing 6.2 Activity Sequencing 6.3 Activity Resource Estimating 6.3 Activity Duration Estimating 6.4 Activity Duration Estimating 6.4 Schedule Development 6.5 Schedule Development 6.5 Schedule Control

6.6 Schedule Control

Table 4 – Chapter 6 Changes

Chapter 7 - Project Cost Management Changes

Chapter 7 processes have been expanded to integrate project budget directly with the WBS and to cover controlling costs. There are significant structural changes to the inputs, tools and techniques, as well. The chapter introduction describes the need for a cost management plan, a subsidiary component of the project management plan. The Resource Planning process has been moved to Chapter 6 and renamed Activity Resource Estimating. This chapter contains the majority of the information on Earned Value Management. The following table summarizes the Chapter 7 changes: A 2000 Edition Sections Third Edition Sections 7.1 Resource Planning Moved to Project Time Management Chapter 6 7.2 Cost Estimating 7.1 Cost Estimating 7.3 Cost Budgeting 7.2 Cost Budgeting 7.4 Cost Control 7.3 Cost Control Table 5 – Chapter 7 Changes A Guide to the Project Management Body of Knowledge PMBOK ® Guide Third Edition 2004 Project Management Institute, Four Campus Boulevard, Newtown Square, PA 19073-3299 USA 305