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Balanced Matrix structures
completing projects in, 63
pros and cons of, 65
bar charts, presenting project schedules as, 259
basis of estimates, relationship to Project Time Management, 240
BCRs (Benefit/Cost Ratios), explanation of, 187
benchmarking practices, applying to Project Quality Management, 324
benefit/cost ratios
using, 194
using with Project Quality Management, 323
benefit measurement methods
BCRs (Benefit/Cost Ratios), 187
discounted cash flow, 188
IRR (Internal Rate of Return), 190
murder boards, 186
NPV (Net Present Value), 189-190
payback period, 187-188
scoring models, 186-187
bidder conference, role in Project Procurement Management, 487-488
bids in Project Procurement Management,
purpose of, 485
bottom-up estimates, 292
explanation of, 17
using with Project Cost Management, 289-290, 307
budget management expertise, adapting, 26
budgets
creating, 91-92
updating in Project Cost Management, 297-298
build process, role in project life cycle, 53-54
bull's eye, using for EV (Earned Value) and communications, 403
business needs, identifying, 88
buying versus making in Project Procurement Management, 477-478
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