Cost Management refers to all the processes and efforts the team performs to plan and monitor project costs and keep them within control.
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Similar ideas to 4) Project Management Processes – Cost Management
The budget processes related to the project include estimating the cost of all the little parts.
Methods to estimate the cost of the project.
Each task and process in the project have a scheduled time allocated for their completion.
Steps for managing the schedule of the project development process:
Project management is the application of strategies, skills, and tools to achieve a specific goal.
Every project starts as an idea that needs to be planned, organised, executed, managed, tracked, completed, and measured. A project manager will oversee all these aspects.
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