Please give answer for these:

1.What are the four project management processes involved in project cost management, include a brief description.

2. What is the primary cost output from the Determine Budget process. Briefly describe the major contents.

3. Why is the Project schedule important in the estimation of project costs?

4. Why are the Resource Requirements important to the estimation of project costs?

5. Provide brief definitions for Planned Value and Earned Value?

6. Explain how cost variance is monitored using Earned Value Management and explain the formula used to calculate Cost Variance?

7. List four common data analysis techniques that can be undertaken during a project to assess the effectiveness of cost management processes?

8. Describe how you go about estimating costs for project activities? Think about how you actually undertake this activity, or how you intend to undertake in the future. Note - this process normally covers direct costs.

9. What types of indirect costs may also be applied to a project? Provide specific examples.

10. How do you ensure that you have identified ALL the applicable costs for the project prior to consolidating these into the baseline project budget?

11. Why is it important to state the overall expected project cost as well as the expected cost for each month of the project?

12. How are favourable and unfavourable cost performance indexes in earned value management depicted? Provide one example for favourable and one example for unfavourable.