- Project Resource Planning:
the process of identifying the resources required to execute a project and take it to completion.
- Cost Estimation:
the process of quantifying the costs associated with all the resources required to execute the project.
- Cost Budgeting:
the process of allocating costs to a certain chunk of the project for a specific time period.
- Cost Control:
the continuous process of measuring cost variances from the baseline and taking appropriate action to correct that gap.