June 2019
Intermediate to advanced
576 pages
17h 21m
English
Cost is a resource sacrificed, foregone, or consumed to achieve a specific objective or something given up in exchange for something in return. In the context of project management, resources are spent in exchange for profits. Project cost is usually measured in monetary units. Calculation of project cost considers the requirements of all project stakeholders, who need project cost–related information in different ways at different points in time. Costs associated with a project are the costs of equipment, material, and human resources required to complete ...