...their integration with other knowledge areas is described. The cost management of a project covers the processes required to ensure that the project is completed within the approved budget. From the work carried out under scope management and time management, the project team, sponsor (or...

...performance of the project into line with the plan. cost management A subset of project management that includes the processes required to ensure that the project is completed within the approved budget. It consists of resource planning, cost estimating, cost budgeting and cost control. cost performance...

...reporting, and administrative closure. Project cost management. A subset of project management that includes the processes required to ensure that the project is completed within the approved budget. It consists of resource planning, cost estimating, cost budgeting, and cost control. Project human...

...management: the processes required to ensure timely completion of the project. • Cost management: the processes required to ensure that the project is completed within the approved budget. • Quality control: the processes required to ensure that the project will satisfy the needs for which...

...representations of schedules. That includes CPM, PDM, AOA (activity-on-arrow), and AON (activity-on-node). Project Cost Management Project cost management includes...the project is completed within the approved budget. It is primarily concerned with the cost of the resources required to complete project activities. A...

...leadership through procedural decisions and personal interaction rather than through authority. 746. Project cost management includes the processes required...the project is completed within the approved budget. 747. The sequence of analytical phases through which a project passes, the sequence of analytical phases...

...ensure timely completion of the project" (PMI Standards Committee, 2000); project cost management are the "processes required to ensure that the project is completed within the approved budget" (PMI Standards Committee, 2000). Surprisingly project risk management has received a very low criticality...

...monetary units like dollars, used to achieve a specific objective or given up in exchange for something. Project cost management includes the processes required to ensure that the project is completed within an approved budget (in monetary units). 6.1 PROJECT COST MANAGEMENT PROCESSES From Table 2.4 in Chapter...

...and benefits of the project team members. project cost management a subset of project management that includes the processes required to ensure that the project is completed within the approved budget. It consists of resource planning, cost estimating, cost budgeting and cost control. I project description...

...processes required to ensure that the project will satisfy the needs for which was undertaken. All processes required to ensure that the project is completed within the approved budget. All processes required to identify, analyze and respond to risk throughout the life of a project and...