7
PROJECT COST MANAGEMENT
Most of the material in Section 7 of the PMBOK® Guide is applicable to cost management for software projects. This section of the Software Extension to the PMBOK® Guide presents additional considerations for managing software project cost.
As stated in the introduction to Section 7 of the PMBOK® Guide, Project Cost Management includes the processes involved in estimating, budgeting, funding, managing, and controlling costs so that a project can be completed within the approved budget. This section of the Software Extension to the PMBOK® Guide discusses cost management for software projects.
Large corporations and government agencies develop many new software products and modify hundreds of existing products each year. ...
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