Show how the different methods can be used for projects of different scales and complexity to:

• produce initial cost estimates (including analytical, comparative and parametric cost estimates)
• analyse project costs and benefits (including the use of payback method, accounting rate of return, net present value, internal rate of return)
• develop budgets (including base cost estimates, contingencies and management reserves)
• monitor and control costs (including the use of work breakdown structures, cost breakdown structures, organisational breakdown structures, S-curves, and earned value management).