CHAPTER 7

Managing Project Costs

In this chapter, you will

Plan for project cost management

Estimate the project costs

Administer the project budget

Manage project cost control

Work with earned value management

Money. Cash. Greenbacks. Dead presidents. They’re all the same when you get down to it, and all are required to move projects from start to completion. It’s often the project manager’s job to estimate, control, and account for the finances a project demands. Projects consume the project budget during execution, when all those project management plans we’ve discussed are put into action. The project budget is monitored and controlled during, well, the monitoring and controlling processes. Project cost management is all about how ...

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