Project Cost Management includes those processes involved in planning, estimating, budgeting, monitoring and controlling costs. The ultimate goal of project cost management is to complete the project within the approved budget.
Below, you will find the four project management processes covered under project cost management knowledge area:
Below, you will find the four project management processes covered under project cost management knowledge area:
Planning Process Group
1. Plan Cost Management
2. Estimate Costs
3. Determine Budget
Monitoring and Controlling Process Group
4. Control Costs
4. Control Costs
Project Cost Management Video from Whizlabs
I would like to share a video on project cost management developed by Whizlabs. This video is a part of Whizlabs PMP Certification Self Study Training. The video explains the concept of Project Cost Management under the guidelines of PMBOK - Fifth Edition.10% Discount on Whizlabs PMP Certification Self Study Training
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Please share your opinion/ feedback in the comments section so that other readers would also benefit from this offer; alternatively, you can mail your views to manick.pmp@gmail.com.
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