About Project Cost Management
Project Cost Management is the fourth knowledge area of project management.
It starts with a process of planning that produces a cost management plan. Then there is an iterative process that develops and updates the cost estimates and cost baseline. After these have been produced, a monitoring and controlling process is used to measure project performance and to manage any change requests to the project scope, schedule, and costs.
Based on chapter 7 of PMBOK® Guide 5th Edition, we put together the following 3-ARTICLES SERIES ON PROJECT COST MANAGEMENT.
If you aim to become a PMP®, get the most out of each of them for a deeper understanding of Cost Management.