![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEglJ0EVlGBsos_VhLvVB8c8WIjuWS1BOqIWctCzHvBHdZB7eHlWKJRDz4cn6IuwSdfqQC0sMnApuLp8d-xrweyNM1oWXf8sbFCr6GFoS1q-54-26VrnX3dBdw7-l-nEVQeUhULSets_ZF8/s640/Financial-Controls-in-Project-Management.png)
Outline:
- Cost in Project Management
- Cost Management
- cost estimating
- cost budgeting
- cost control
- Sample Software
Project management is a process designed to manage or control company resources on a given activity, within time, within cost, and within scope. Time, cost, and scope are the constrain on the project.
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Project Cost Management Definition: Project cost management includes the processes involved in planning, estimating, budgeting, and controlling costs so that the project can be completed within the approved budget.
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