Park University Overview of Cost Management Essay
Description
Cost Management Plan Template
****This is my part*******Overview of Cost Management: <Include the rationale why and how cost management is important to your specific team project>ASHLEY*********
Cost Risk: <Denote any specific cost risk activities associated with your project. Include contingency and management reserves (and when they decrease through the project, Refer to page 229 in the textbook)> BELINDA
Cost Estimate: <Denote current earned value estimates on the project plan, cost baselines, any estimates completed and why they are important, and the various inputs to estimating the costs. Be sure to include the high-level variable and fixed costs as well as the direct/indirect costs associated with your project. Review page 149-153 for specific types of costs in the text). PJ
Overall Cost Budget: This section should note the actual budget in a table format. Be sure to include the direct and in-direct costs. Also, think about breaking the budget down by work packages, human resources (to include contract work), and equipment (for example). HARRY
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