Rules for cost and performance management

        Project Milestones and with a specific focus on your product project at the company you selected, develop the following subsections of your project: Rules for cost and performance management - including a discussion of earned value measurement (EVM) techniques. Earned Value Management - including three key dimensions for each work package. Schedule Forecasts - including purpose and measurement during monitoring and controlling Cost estimates - including basis of estimates, vendor bid analysis, cost-benefit analysis, and cost of quality. Budget - including cost baseline, management reserve, control accounts, contingency reserve, activity contingency reserve, and project funding requirements. Procurement - including bidder conferences, proposal evaluation, advertising, seller selection, and agreements.