Roadmap to the "Plan Cost Management" Process

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  • Roadmap to the "Plan Cost Management" Process




PMI Process Groups Practice Guide

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Roadmap to the "Plan Cost Management" Process

Roadmap to the "Plan Cost Management" Process


Creating the Cost Management Plan

When creating a management plan, ask yourself always this question:

Putting it all together

Projects are unique. PMI's "Process Groups: A practice Guide" gives us general guidance on which topics should be documented in a professionally created Cost Management Plan, but some may require additional information and for other projects, you might not need all of the elements. That means you will need to tailor the process and also the template/map scheme to fit your organizational and project needs. That concept of tailoring and customizing the processes and the templates/documentation will follow us through all of the project management processes and performance areas!

How to create a customized Cost Management Plan - Step by Step Guide


About the Host:

Markus Kopko

My name is Markus, and I am your Host at mp4pm club.

I have more than 20 years of experience in IT project- and program management. I have a proven track record in delivering projects in the Information Technology service provider environment.

I have been a PMI member and PMP certified since 2015. In early 2021, I was accredited as a PMP trainer by PMI and currently work as a Principal Senior Project Management Consultant in digital transformation.
Imparting knowledge around project management in all its facets has been a great passion for many years. I have already coached, mentored, or even trained countless colleagues.

I am a lifelong learner and call myself an "adaptive project professional."
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