Project Cost Management Definitions

Key Words: project cost management, costs, contingency, management reserve
Area of PM Application: Universal
(See IAC #1001)
Topic Level: Process
(See IAC #1002)
Related Topics: Project planning, WBS
Reference: Wideman, R.M. Cost Control of Capital Projects, BiTech Publishers Ltd., 1995

PCM seems to have a lot of confusing technical terms. Can you point to the important ones?

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