AAOM Handbook

SET EXPENDITURE SCHEDULE- DETERMINE CONFIDENCE LEVELS, VALIDATE SPENDING Purpose: To specify the expenditures required for the Operating Master Schedule. Updated: 09/2019

Operating Master Schedule & Cost Model

DETERMINE CONFIDENCE LEVELS

Set Performance Targets ST.06

ES.07 Calculate Cost Distributions and Confidence level

Are Performance Target Confidence Levels Met?

VALIDATE SPENDING DECISIONS

ES.06 Estimate Best & Worst Case costs, opportunities & threats

ES.09 Create/Update Expenditure Schedule (costed OMS working revision)

ES.05 Validate Most Likely Activity Cost

Work Approval WA.10 Is the work within EPS?

Copyright; McAlear Management Consultants 2004.