PMGT 690: Cost Management Process
When planning, managing, controlling, and expending project costs, plan cost management is the process used to establish required policies, procedures, and documents. This process is the basis for all cost management principles throughout the project.
Process Assessment
As a woodworker, having a cost management plan is the first process that needs to be addressed with the stakeholder. In order to set mutual expectations for deliverables, both parties must agree on the project budget and how the funds will be managed throughout the project. Customers that order one-off pieces must be assured that their money will be properly handled and the value of their piece of protected.
For this capstone course, PMGT 690, I used a Microsoft Project
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