This was a large chapter with a ton of information in it. You covered many topics in cost and in risk, and it’s OK to feel a bit of a headache coming on. See how you do in the practice question section, and as needed, go back through this chapter again to brush up on the information. Much of what we covered is highly testable, so this chapter is an important one to understand. First, we covered estimating costs and in addition to estimating for resources and scope of work we included quality management and the cost of quality into those estimates. Then, we covered the importance of quality gates and governance gates, to make sure we are getting what we paid for on the quality side of things and determining go/no go decisions and formal sign-off.
Then we covered creating the project budget and aggregating costs and risk reserves together to gain approval on the cost...
