- 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.
This site contains information for your preparation of PMI's PMP (Project Management Professional) certification exam. I have also Included topics on how to pass the exam and some mock exams.
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:
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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)
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