A Comprehensive Glossary of
Project Management Terms

Everything you need to know about project management in one list

What is a Cost Management Plan?

A cost management plan refers to a plan that contains all the guidelines and procedures needed to manage project-specific costs including how these are planned, estimated, financed, and controlled. The ultimate purpose of a cost management plan is to ensure project completion on time and within budget.

Further Reading:

A Complete Guide to Deliverables in Project Management
Dependencies in Project Management – A Complete Guide
How to Effectively Track Project Progress for Success?
How to Stay Organized at Work – 9 Simple Steps

All Terms

What is a Cost Management Plan?

A cost management plan refers to a plan that contains all the guidelines and procedures needed to manage project-specific costs including how these are planned, estimated, financed, and controlled. The ultimate purpose of a cost management plan is to ensure project completion on time and within budget.

Further Reading:

A Complete Guide to Deliverables in Project Management
Dependencies in Project Management – A Complete Guide
How to Effectively Track Project Progress for Success?
How to Stay Organized at Work – 9 Simple Steps