Project Cost Management is a very important knowledge area. As a Project Manager, your project's performance is constantly measured against cost (and other constraints such as Scope, Schedule etc.).
Project Cost Management has a total of 4 processes. Out of these 4 processes, 3 are in Planning Process Group and 1 in Monitoring and Controlling Process Group. In this post, I present, how you can easily remember the Inputs and Outputs to and from the 3 planning processes in Project Cost Management.
Step 1:
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Project Cost Management Planning Processes Input and Output - Step 1 |
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Project Cost Management Planning Processes Inputs and Outputs - Step 2 |
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Project Cost Management Planning Processes Group Inputs and Outputs - Step 3 |
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