Main content blocks
Section outline
-
This lecture covers the following:
- Understand the importance of project cost management
- Explain basic project cost management principles, concepts, and terms
- types of cost estimates and methods for preparing them
- Understand the processes involved in cost budgeting and preparing a cost estimate and budget for an information technology project
- Understand the benefits of earned value management and project portfolio management to assist in cost control
- Describe how project management software can assist in project cost management