Cost Management | Introduction to Project Cost Management | Project management | Pixeled Apps
Cost management is an essential component of project management. It involves planning, estimating, funding, budgeting, managing and controlling costs. In this video we understand steps involved in cost management and why it is important.
Check out this wonderful book on project management - https://www.amazon.com/gp/product/B09KXCWD47/ref=as_li_qf_asin_il_tl?ie=UTF8&tag=pixeledapps-20&creative=9325&linkCode=as2&creativeASIN=B09KXCWD47&linkId=028365789e8d633b64d769a54acfe56e
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Time stamps:
00:00-00:14 - Introduction
00:15-01:13 - What is cost management?
01:14-01:41 - Why cost management?
01:42-02:45 - Types of costs
02:46-03:10 - Actual vs. Estimated budget
03:11-03:24 - Budget template
03:25-03:50 - Steps in cost management
03:51-04:45 - Planning cost
04:46-05:28 - Estimating costs
05:29-05:56 - Developing budget
05:57-06:27 - Controlling costs
06:28-06:51 - Outro
Hope you will find this video useful about "Cost Management | Introduction to Project Cost Management | Project management | Pixeled Apps"
Thank you for watching
Tags:::
project cost management,cost management,project management,project cost management pmbok 5,cost management in project management,cost management pmp 6th edition,project cost management pmbok 6,project cost management examples,pmp cost management,pmp cost estimation,pmp cost control,pmp cost management problems and solutions,pmp cost management formulas,cost management edureka,pmp training videos,pmp certification,project cost management pmbok 5 chapter 7
Hashtags:::
#projectcostmanagement #Projectmanagement #ProjectManagementCourse #ProjectManagementFullCourse #LearnProjectManagement #ProjectManagementTraining
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