Welcome to PMConnection

     

Menu
· Home
· The Project Management Search Engine
· Exclusive Articles

Related Sites

Related Books 1
    
Applying Artificial Intelligence to Project Management  

   
A Guide to the Project Management Body of Knowledge: PMBOK 6th Edition 2017

  
  
NEW for 2021: PMP Project Management Professional Exam Study Guide
 
  
  
Microsoft Project 2019 Step by Step


 
Microsoft Project 2019
  

  
Managing Enterprise Projects: Using Project Online and Microsoft Project Server 2019

Cost


The monetary value or price of a project activity* or component that includes the monetary worth of the resources required to perform and complete the activity or component, or to produce the component. A specific cost can be composed of a combination of cost components including direct labor hours, other direct costs, indirect labor hours, other indirect costs, and purchased price. (However, in the earned value management methodology, in some instances, the term cost can represent only labor hours without conversion to monetary worth.) See also actual cost and estimate.



Exclusive Articles Results here.

Research Center Results here.

The Project Management Search Engine Results here.






[ Go Back ]

PMBOK® Glossary Terms and Definitions (3rd Edition)

Copyright © by PMConnection - (4851 reads)

Encyclopedia ©


Copyright 2005-2020 PMConnection.com. All Rights Reserved.
http://www.pmconnection.com a
PHP-Nuke Copyright © 2005 by Francisco Burzi. This is free software, and you may redistribute it under the GPL. PHP-Nuke comes with absolutely no warranty, for details, see the license.
Page Generation: 0.04 Seconds