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Cost Management Plan

ABOUT THIS DOCUMENT

This Cost Management Plan template defines how risk budgets, contingencies, and management reserves will be reported and accessed. Cost management is the processes of planning and controlling a project's budget. This document provides sections for project managers to list the resources and metrics that will be used to plan a project's budget. Businesses should use a cost management plan to predict future expenses and help ensure that projects stay on budget.

Reads: 1152 times
Used: 14 times
Pages: 7
Size: 38 kb
Format: Excel Spreadsheet

Text Version

Management Plan [Project Name]









PROJECT NAME

Cost Management Plan

[Company Name]









Authors:

Creation Date:

Last Updated:

Version:









[Company Name] Page 1 of 7 [Revision Date]

Management Plan [Project Name]









Revision History



Date Author Version Change Reference









Approvals



Date Approver Version Comments









Reviewers



Date Reviewer Version Comments









[Company Name] Page 2 of 7 [Revision Date]

Management Plan [Project Name]







Project Cost Database and Tools









Measuring Project Cost









Cost Tracking









[Company Name] Page 3 of 7 [Revision Date]

Management Plan [Project Name]





Cost Reporting and Metrics









Cost Control Changes









Cost Closeout









[Company Name] Page 4 of 7 [Revision Date]

Management Plan [Project Name]





Project Budget



Category Cost

Fixed Cost

Material Cost

Contractor Cost

Total Project Cost

Management Reserves









State Budget and Accounting Approach



Budget Planning









Acquisition Tracking









[Company Name] Page 5 of 7 [Revision Date]

Management Plan [Project Name]





Acquisition Reports and Material









Changes to the Budget









Budget Reconciliation









[Company Name] Page 6 of 7 [Revision Date]

Management Plan [Project Name]





Approvals





Project Manager Signature Sponsor or Originator Signature







Project Manager Name Sponsor or Originator Name









Date Date









[Company Name] Page 7 of 7 [Revision Date]



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