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PMP® Exam Prep Online, PMP Tutorial 28 | Planning Process Group | Plan Cost Management

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PMP® Exam Prep Online, PMP Tutorial 28 | Planning Process Group | Plan Cost Management

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PMP® Exam Prep Online, PMP Tutorial 28 | Planning Process Group | Plan Cost Management
Plan Cost Management is the process that establishes the policies, procedures, and documentation for planning,
managing, expending, and controlling project costs. The key benefit of this process is that it provides guidance and
direction on how the project costs will be managed throughout the project.