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Define the term cost management planning


Define the term cost management planning



Cost is a resource sacrificed or fore-gone to achieve a specific objective or something given up in exchange

Costs are usually measured in monetary units like dollars

Project cost management is concerned with the planning, estimating, budgeting, and control of the cost of project resources needed to complete 100% of the activities of the project
francis1897 answered the question on March 14, 2023 at 08:07

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