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.
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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"
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Hashtags:::
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