- Cost Estimation
It is developing an approimation of the costs of the resources needed to complete all project activities.
- Cost Budgeting
It is aggregating the estimated costs of individual activities or establish a cost baseline.
- Cost Control
It is infuencing the factors that create cost variances and control changes to the project schedule.
Thursday, January 24, 2008
Project Cost Management in PMP
I would like to start a new topic on Project Cost Management. Project Cost Management is one of the major topic in PMP and it consists of the following 3 major topics:
Suggested Study Materials
- PMP-Preparation Recommended Books
- PMP Exam Prep, Fifth Edition: Rita's Course in a Book for Passing the PMP Exam
- A Guide to the Project Management Body of Knowledge, Third Edition (PMBOK Guides)
- The PMP Exam: How to Pass On Your First Try (Test Prep series)