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.Show more

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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

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