← Go back
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.
People also ask
- What is adaptive project framework (APF)?
- What is aggregate project plan (APP)?
- What is BOSCARD in Project Management?
- What is CapEx (Capital Expenditure)?
- What is a case study in a project?
- What is change freeze in project management?
- What is the closing phase in project management?
- What is a cost management plan?
- What is a cost overrun (Budget overrun)?
- What is the cost performance index (CPI)?
- What is critical chain project management (CCPM)?
- What is the critical path method (CPM) In project management?
- What is dependency in project management?
- What is extreme programming (Xp)?
- What is a gantt chart?
- What is a human resource plan?
- What is iteration?
- What is a key performance indicator (KPI)
- What is kickoff meeting?
- What is net present value (NPV)
- What is a planning phase?
- What is a project portfolio?
- What is resource management in project management?
- What is quality assurance (QA)?
- What is quality control (QC)?
- What is risk mitigation in project management?
- What is “risk” in project management?
- What is a schedule management plan?
- What is scheduling in project management?
- What is scrum in project management?
- What is a user acceptance test (UAT)?
- What is waterfall methodology?
- What is work breakdown structure (WBS)?