What is the purpose of the Plan Cost Management process?
To establish policies, procedures, and documentation for planning, managing, expending, and controlling project costs.
What is contained the Cost Management Plan?
Units of Measure, Level of Precision, Level of Accuracy, Organizational Procedures Links, Control Thresholds, Rules of Performance Measurements, Reporting Formats, Process Descriptions, Additional Details
What are the inputs to Plan Cost Management?
Project Mgmt Plan, Project Charter, EEOs, OPAs
Who should create the Cost Management Plan?
Project Team, in consultation with company financial experts.