Project Cost Management Plan Template Download

 

The Cost Management Plan clearly defines how the costs on a project will be managed throughout the project’s lifecycle. It sets the format and standards by which the project costs are measured, reported and controlled. The Cost Management Plan:

 

• Identifies who is responsible for managing costs

• Identifies who has the authority to approve changes to the project or its budget

• How cost performance is quantitatively measured and reported upon

• Report formats, frequency and to whom they are presented.

 

 

REPORTING FORMAT
Reporting for cost management will be included in the monthly project status report. The Monthly Project Status Report will include a section labeled, “Cost Management”. This section will contain the Earned Value Metrics identified in the previous section. All cost variances outside of the thresholds identified in this Cost Management Plan will be reported on including any corrective actions which are planned. Change Requests which are triggered based upon project cost overruns will be identified and tracked in this report.

 

Download PDF version at

http://www.allbookez.com/doc/1741kq3/